Archives For: Industry Updates
CFPB Director Kathy Kraninger Resigns
HousingWire published an article outlining the resignation of Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger.
20 Jan 2021
Biden Issues Executive Order on Foreclosures
DS News published an article discussing an executive order issued by President Joe Biden calling for the extension of foreclosure and eviction bans through at least the end of March 2021.
20 Jan 2021
Grand Island Officials Consider Creating ‘Land Bank’
The Grand Island Independent issued a report outlining the current consideration of Grand Island, Neb., to create its own land bank.
19 Jan 2021
Biden Nominates Rohit Chopra to Head CFPB
HousingWire published an article highlighting the nomination of Rohit Chopra by President-elect Joe Biden as the next director of the Consumer Financial Protection Bureau (CFPB).
18 Jan 2021
HUD Face-to-Face: Is it a Condition Precedent?
DS News published an article authored by McCalla Raymer Leibert Pierce, LLC Partner Charles P. Gufford. In it, Gufford reviews two recent Florida Fourth District Court of Appeals cases related to the HUD Face-to-Face Provision.
15 Jan 2021
Proposed NY Bill Requires Maintenance of Tenant-Occupied Properties
NY S1579 would obligate mortgage foreclosure plaintiffs to maintain properties that are vacant or become vacant after commencement of the action, or abandoned by a mortgagor but occupied by a tenant, until transfer of ownership.
13 Jan 2021
NJ Registration Bill Would Require Visible Contact Info at Vacant Properties
A proposed New Jersey bill (A2877) would establish a municipal registration requirement for the owner/mortgage holder of all vacant residential/commercial properties.
7 Jan 2021
FEMA Tool Calculates Risk for Every County in the Nation
The Weather Channel published an article detailing FEMA’s new National Risk Index, which calculates risk for natural disasters among 3,006 U.S. counties.
6 Jan 2021
Freddie Mac: FHLMC Guide Bulletin 2020-46: Servicing Updates
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, updates to requirements for borrower-requested cancellation of borrower-paid mortgage insurance, Decision Insights for short sale exceptions, updates to Automated Clearing House authorization forms and more.
9 Dec 2020
Report: Biden Picks Marcia Fudge to Lead HUD
According to news outlets, President-Elect Joe Biden has reportedly selected Ohio congresswoman Marcia Fudge to serve as secretary for the U.S. Department of Housing and Urban Development (HUD). DS News offers a summary of media coverage.
8 Dec 2020