Archives For: Industry Updates
Herkimer County to Withdraw from Land Bank
The Utica Observer-Dispatch published an article discussing a recent decision by Herkimer County, N.Y., to withdraw from the Greater Mohawk Valley Land Bank.
12 Jun 2020
Dutchess County Creating Joint Land Bank with City of Poughkeepsie
The Poughkeepsie Journal published an article outlining a recently approved plan by the New York State Legislature for the creation of a joint land bank between Dutchess County and the City of Poughkeepsie.
11 Jun 2020
States Most At Risk for Natural Disasters in 2020
ValuePenguin published a report outlining the top 10 U.S. states at risk for natural disasters. The report also states that 2020 is on pace to be the year with the most federally declared disasters in history.
8 Jun 2020
Freddie Mac: An Evolving Experience in Servicing Gateway
Freddie Mac issued a release outlining upcoming changes to its Servicing Gateway platform scheduled to become effective on May 25, 2020.
18 May 2020
ATTOM: 3.6 Million Homes Considered Seriously Underwater
ATTOM Data Solutions released its first quarter 2020 U.S. Home Equity & Underwater Report. According to its findings, 3.6 million (one in 15) mortgaged homes were considered seriously underwater during this time frame.
7 May 2020
AccuWeather Increases Number of Hurricanes Predicted for 2020 Atlantic Season
AccuWeather published a report outlining its updated 2020 Atlantic Basin hurricane forecast.
7 May 2020
CFPB: Mortgage Loan Transfer Process to Prevent Consumer Harm
The CFPB has outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.
24 Apr 2020
Maine Law to Allow Mortgagees to Enter Vacant Properties
Recently, LD 1963/HP 1407 (An Act to Preserve the Value of Abandoned Properties by Allowing Entry by Mortgagees) was signed by Maine Governor Janet T. Mills. Taking effect on June 15 2020,, the bill amends provisions of state law that set the process by which a plaintiff in a foreclosure action may enter property that has been abandoned by the homeowner.
10 Apr 2020
ATTOM: U.S. Foreclosure Activity at All-Time Low
ATTOM Data Solutions published its February 2020 U.S. Foreclosure Market Report. According to its findings, the total number of foreclosure filings is at the lowest level since tracking began in April 2005.
2 Apr 2020
Forecasters Expect ‘Above Average’ Storm Activity
USA Today published an article outlining major hurricane activity predictions for the upcoming season (beginning June 1).
2 Apr 2020