Archives For: Industry Updates
$50m Demolition Fund Passes Cuyahoga County Council Unanimously
On October 29, Cleveland Magazine posted a report about the passing of legislation by the Cuyahoga County Council that will allow for a major demolition fund for blighted buildings.
7 Nov 2014
L.A. City Council Backs Proposal to Toughen Foreclosure Registry
On October 29, the Los Angeles Times published an article discussing the initial approval by the LA City Council of a measure that would strengthen the city’s foreclosure registry program.
5 Nov 2014
Pennsylvania Rehabilitates the Abandoned and Blighted Property Conservatorship Act
On October 23, Dana Janquitto, associate with Reed Smith posted a Real Estate Legal Update regarding Pennsylvania HB 1362 (“An Act amending the act of November 26, 2008 (P.L. 1672, No. 135).
4 Nov 2014
Atlanta City Councilman Pushes to Fight Blight with Conservatorship Proposal
On October 15, Creative Loafing Atlanta released an article titled Could blight-burdened neighborhoods take control of abandoned homes and sell them?
21 Oct 2014
California MBA Chairman Publishes Editorial Opposing San Francisco Eminent Domain Proposal
On October 6, the San Francisco Examiner released an editorial titled Mortgage-seizure idea: A solution in search of a problem?
8 Oct 2014
Supreme Court Case to Decide if Banks are Responsible for Sale of Foreclosed Houses
On October 1, Philip Babler, associate and litigation lawyer with Foley & Lardner LLP posted an article discussing Bank of New York v. Carson, No. 2013AP544, currently awaiting a ruling from the Wisconsin Supreme Court.
7 Oct 2014
Five Star Conference 2014 Summary
Host Sponsor Safeguard Properties Attends Five Star Conference and Expo.
1 Oct 2014
NC Court Issues Non-Judicial Foreclosure Ruling
DSNews reported on a recent North Carolina Court of Appeals ruling that mortgage note holders in North Carolina can no longer voluntarily dismiss more than one non-judicial foreclosure without being banned from filing additional non-judicial foreclosures.
22 Sep 2014
Boomerang Buyers are Back
On August 21, The Washington Post featured a report on “boomerang buyers” people who are reentering the housing market after a foreclosure or short sale.
22 Sep 2014
Governor Quinn Vetoes Illinois SB 2664 Tied to Foreclosed Condo Sales
A recent article from the Chicago Tribune discussed Illinois SB 2664 (Condo Assessments/Non-Payment Liens) and the amendatory veto issued by Governor Quinn.
17 Sep 2014