Archives For: Industry Updates
OH HB 223 Advances to Senate for Consideration
On April 2, Ohio HB 223 was passed by the House and is now being considered by the Senate. On April 3, The Columbus Dispatch published an article titled Bill Would Help Columbus Address Blighted Houses.
8 Apr 2014
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