Archives For: Industry Updates

WA HB 2723 Modifies Certain Provisions Governing Foreclosures

On March 31, Washington Governor Jay Inslee signed House Bill 2723, which modifies certain foreclosure fairness act provisions.  The bill becomes effective June 12, 2014.

7 Apr 2014

WV SB 600 Regulates Maintenance and VPR of Uninhabitable Properties

On March 6, West Virginia SB 600 passed the House and went before Governor Earl Ray Tomblin for consideration.  Governor Tomblin signed the bill on March 28 and it goes into effect June 4.  The bill clarifies responsible parties for compliance with municipal ordinances regarding the registration, maintenance, and regulation of dwellings unfit for habitation, vacant buildings, and vacant properties.

2 Apr 2014

Residential Rental Investors Form Trade Group

On March 26, Mortgage Daily published an article titled Residential Rental Investors Form Trade Group.

27 Mar 2014

Weight of Foreclosure and Ohio HB 223

On March 16, Akron Beacon Journal published an article titled Weight of Foreclosure.

26 Mar 2014

Senate Passes Flood Legislation

On March 14, Mortgage Daily published an article titled Senate Passes Flood Legislation.

17 Mar 2014

MO SB 676 Notice to Vacate Requirements Following Foreclosure Sale

On January 8, Missouri introduced legislation that changes the notice requirement a new owner must give to a tenant following a foreclosure sale from ten business days to vacate the premises to ninety days.

12 Mar 2014

CA Congressman Goes on REO-to-Rental Warpath

On March 6, HousingWire published an article titled California Congressman Goes on REO-to-Rental Warpath.

7 Mar 2014

Higher Than Expected Vacancy Rates in First REO to Rental Deal

On February 19, Yahoo! Finance published an article titled Vacancy Rates Higher Than Expected in First REO to Rental Deal.

25 Feb 2014

Judicial States Struggle with Foreclosure Backlog

On February 25, MBA NewsLink published an article titled ‘Judicial’ States Struggle with Foreclosure Backlog.

25 Feb 2014

NJ A-955 Would Help Homeowners Facing Foreclosure

On February 22, NJ.com published an article titled Measure Would Help NJ Homeowners Facing Foreclosure.

25 Feb 2014

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