Archives For: Industry Updates
Indiana AG Urges Lawmakers Not to Eliminate Foreclosure Settlement Conferences
On March 10, DS News released an article discussing Indiana Attorney General Greg Zoeller’s efforts to stop legislation that would eliminate a homeowner’s final alternative before foreclosure.
20 Mar 2015
Legislation in Montana Aimed at Reducing Banks? Liability in Loss Mitigation
On March 13, DS News released an article discussing the state of Montana’s SB 280 and SB 281.
20 Mar 2015
Maryland SB 197 Proposed Legislation Municipalities-Vacant and Blighted Buildings
On February 2, Maryland Senate Bill 197 (“Municipalities-Vacant and Blighted Buildings”) received its first reading in the Education, Health and Environmental Affairs Committee.
20 Mar 2015
North Carolina Bill Would Permit Homeowners to Exclude Forgiven Mortgage Debt from Taxes
On March 9, DS News released an article discussing a bill approved in the North Carolina House of Representatives which would affect about 4,000 homeowners.
20 Mar 2015
Oregon Proposed Legislation HB 3080 ?Relating to assessments that association of unit owners imposes on foreclosed residential real property?
On February 20, Rep. Sal Esquivel (R-OR) introduced HB 3080, titled “Relating to assessments that association of unit owners imposes on foreclosed residential real property” to the Oregon Legislature.
20 Mar 2015
Proposed California Assembly Bill AB 514
On February 23, Assembly Member Das Williams (D-CA) introduced California Assembly Bill 514. AB 154, if enacted, would amend the local fines and penalties for violations of local building and safety ordinances.
20 Mar 2015
MBA: Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties
Recently, the Mortgage Bankers Association released a white paper titled Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties. Versions created in part with the New York Mortgage Bankers Association and Ohio Mortgage Bankers Association have been made available.
4 Mar 2015
Nebraska Bill Creates Notification Process for Code Violations on Foreclosed Properties
On February 26, Legislative Bill LB-151 was approved by the Governor of Nebraska.
4 Mar 2015
Kentucky Foreclosure Bill Removed From Consideration
On February 26, the Lexington Herald-Leader released an article titled Sponsor yanks bill that critics said favored banks over homeowners in foreclosure.
3 Mar 2015
HomesSafe Georgia Program Helps Borrowers Stay in Homes
On February 12, The Augusta Chronicle published an article titled State program helps homeowners avoid foreclosure.
20 Feb 2015