Archives For: Industry Updates

Massachusetts Proposed Legislation MA HB 1498 “An Act relative to vacant, foreclosing and foreclosed property in the Commonwealth”

On March 10, MA HB 1498 was introduced and referred to the Massachusetts Joint Committee on The Judiciary.

25 Mar 2015

Free Web-Based Foreclosure Education Course Offered to General Public

On March 18, DS News published an article discussing Understanding Foreclosure: A City Leader’s Guide, now available free for the first time to the general public.

20 Mar 2015

How Would Bill Affect Home Foreclosures?

On March 6, the Albuquerque Journal published an article discussing New Mexico’s Senate Bill 439 (Home Loan Protection & Certain Foreclosures).

20 Mar 2015

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

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