Archives For: foreclosed properties
Rhode Island Bills Set Sights on Foreclosed Properties
RI H 5265 was introduced into the Rhode Island General Assembly on January 27 and was recommended to be held for further study by the House Judiciary Committee on March 1. The bill aims to establish the “Foreclosed Property Upkeep Act” and require a purchaser to maintain property by posting a bond and identify an agent for service of process.
5 Apr 2017
Proposed Legislation in Maryland Aims to Regulate Foreclosed Property Maintenance and Registration
Two similar bills targeting foreclosed properties (HB 0664 and HB 1171) have recently been introduced into the Maryland General Assembly.
23 Feb 2016
Ohio Senate Amends Proposed Foreclosure Expedition Bill
The Port Clinton News Herald published an article titled Improving neighborhoods with new foreclosure process.
29 Jan 2016
Arena Deal Gives City Tools on Foreclosed Homes, Unregistered Cars
A recent article released by the Milwaukee Journal Sentinel discussed Senate Bill 209, a piece of legislation that includes a “provision that forces buyers of foreclosed properties from Milwaukee County sheriff’s sales to record their deeds.
22 Jul 2015
Oswego Adopts Ordinance to Maintain Foreclosed Properties
On March 25, the Chicago Tribune (Aurora Beacon-News) released an article discussing an ordinance adopted by Oswego, Illinois that protects taxpayers from foreclosed property maintenance bills.
3 Apr 2015
Nebraska Bill Creates Notification Process for Code Violations on Foreclosed Properties
On February 26, Legislative Bill LB-151 was approved by the Governor of Nebraska.
4 Mar 2015
Fannie Mae to Sell Foreclosed Vacant Properties to Detroit Land Bank
On November 24, DS News published an article announcing the agreement of Fannie Mae to sell 44 foreclosed vacant properties to the Detroit Land Bank Authority as part of an effort to stabilize greater Detroit neighborhoods.
25 Nov 2014
VA Circular 26-14-5 Appraisal Requirements on Foreclosed Properties
On February 25, the Department of Veterans Affairs (VA) issued Circular 26-14-5 subtitled VA Appraisal Requirements on Foreclosed Properties.
3 Mar 2014
NY Attorney General Schneiderman Proposes Legislation to Address Foreclosures
On February 10, Poughkeepsie Journal published an article titled Schneiderman Would Push Banks to Address Foreclosed Properties.
11 Feb 2014
NH SB 341 Eviction Procedures on Foreclosed Properties
On January 8, New Hamphire introduced legislation that establishes a separate, abbreviated eviction process for foreclosed properties. SB 341 was referred to Commerce Committee.
7 Feb 2014