Archives For: abandoned properties
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
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
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
On March 1, PA SB 471 was introduced and referred to the Committee on Banking and Insurance.
5 Apr 2017
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
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
The Herald-Dispatch (Huntington, WV) published an article discussing a proposed land bank program taking shape in Lawrence County, OH.
11 May 2016
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
On February 12, MD HB 1377 (“Real Property – Vacant and Abandoned Property – Expedited Foreclosure”) was introduced and had its first reading in the Environment and Transportation Committee. On March 14, the bill was referred to interim study by the Environment and Transportation Committee.
17 Mar 2016