Archives For: 2020
Auction.com: 2020 Default Servicing Industry Insights
Auction.com recently announced results from its 2020 Default Servicing Insights report. The results are based on a survey of more than 40 of the nation’s largest bank and non-bank default servicing clients along with representatives from government agencies involved in the servicing and disposition of distressed properties.
26 Feb 2020
Alabama Among Worst in Nation for Empty Housing
Al.com published a report detailing vacant property rates in Alabama. Currently, the state ranks fourth in the country for raw vacancy, with more than 18 percent of statewide housing units reported as empty.
25 Feb 2020
Erie County Introduces “ZOMBIE Watch”
WBEN published a report outlining the introduction of Erie County, N.Y.’s “ZOMBIE Watch”, a new program created through the county clerk’s ZOMBIES Initiative.
22 Feb 2020
CFPB: Supplemental Notice of Proposed Rulemaking on Time-Barred Debt Disclosures
The Consumer Financial Protection Bureau (CFPB) issued a Supplemental Notice of Proposed Rulemaking regarding the collection of time-barred debt.
21 Feb 2020
President Trump Announces Nomination for Federal Housing Commissioner
President Donald J. Trump announced his intent to nominate Dana T. Wade to be the assistant secretary for housing, federal housing commissioner.
20 Feb 2020
California Bill Aims to Fine Companies in Possession of Vacant Homes
California Senate Bill 1079 would allow jurisdictions (cities/counties) to impose fines on corporations owning multiple single-family homes that have been vacant for more than 90 days. It also would grant tenants the right of first refusal to purchase foreclosed properties. The legislation was introduced on February 19.
19 Feb 2020
Safeguard Properties Enhances Controls Around Scheduled Inspections
Safeguard Properties has developed enhanced controls surrounding insurance loss and other scheduled inspections through its proprietary SafeView Field Services platform.
18 Feb 2020
FHFA: Foreclosure Prevention Report – November 2019
The Federal Housing Finance Agency (FHFA) issued its November 2019 Foreclosure Prevention Report.
14 Feb 2020
MHA: Presidents’ Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a release outlining system availability during the Presidents’ Day Holiday.
12 Feb 2020
Allegany County Land Bank Aims for Busy 2020
The Olean Times Herald published an article discussing upcoming initiatives slated for the Allegany County (NY) Land Bank Corporation.
11 Feb 2020