Archives For: abandoned properties
Casper Declares War on ‘Dangerous’ Run-Down and Neglected Properties
The city of Casper, WY is cracking down on abandoned properties and dangerous eyesores that are affected neighborhood home values through rehab and demolition.
26 Apr 2024
Lawmaker Says it’s Time for a Land Bank in St. Louis County
A St. Louis lawmaker plans to introduce legislation that will allow the county to create a land bank to better absorb and repurpose abandoned properties in neighborhoods.
17 Oct 2022
Governor Cuomo Signs Sweeping Legislation to Combat the Blight of Vacant and Abandoned Properties
The New York State Department of Financial Services (NYSDFS) issued guidance pertaining to the Vacant and Abandoned Property Law (“Zombie Properties Law”).
14 Dec 2017
FHLMC Guide Bulletin 2017-18: Servicing Updates
Freddie Mac issued a release providing updates to its standard servicing policies. Included are increases for certain reimbursable expense limits associated with the preservation of abandoned mortgaged premises, which become effective on October 9, 2017.
13 Sep 2017
Pennsylvania Ponders Fast-Track Foreclosure Bill
On March 1, PA SB 471 was introduced and referred to the Committee on Banking and Insurance.
5 Apr 2017
CDN Releases Vacant, Blighted, Abandoned Properties Study
The Community Development Network of Maryland (CDN) issued a press release announcing the availability of a study that aims to help with the challenges of vacant, abandoned and blighted properties throughout the state.
18 Jan 2017
Governor Cuomo Announces Proposed Regulation to Hold Banks and Mortgage Servicers Accountable for Maintaining “Zombie Properties”
The office of New York Governor Andrew Cuomo issued a press release announcing a proposed regulation that mandates banks and mortgage services report vacant and abandoned properties in accordance with new legislation signed by the Governor in June.
28 Sep 2016
Ganging Up on Blight
The Standard-Speaker (Hazelton, PA) published an editorial discussing PA SB 1191, which seeks to create a process for expediting the foreclosure process for vacant and abandoned properties.
8 Sep 2016
Lawrence County to Consider Establishing a Land Bank
The Herald-Dispatch (Huntington, WV) published an article discussing a proposed land bank program taking shape in Lawrence County, OH.
11 May 2016
Medford City Council Will Consider Foreclosure for Abandoned Properties
KAJO 1270-AM posted a report discussing the consideration of Medford, OR to utilize a state law which would allow for the foreclosure of blighted properties that have become a community threat.
5 Apr 2016