Archives For: foreclosure
The Way Forward
The Monroe County (N.Y.) Vacant and Abandoned Property Task Force issued an annual report providing recommendations to bolster foreclosure prevention and directly engage the issue of distressed properties.
7 Jun 2018
Fannie Mae: Foreclosure-Related Title Cost Updates and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
6 Jun 2018
Rep. San Buenaventura Asks Governor to Issue Executive Orders Supporting Housing for Kilauea Eruption Evacuees
Hawaii 24/7 posted a media release outlining a request for three executive orders from Representative Joy A. San Buenaventura (HI, Dist. 4 Puna) to Governor David Ige. Among the orders is the request for a waiver of the landlord-tenant code, which would allow vacant properties in the foreclosure process to be rented.
2 Jun 2018
Fannie Mae: Updates to High LTV Refi Option and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
23 May 2018
HUD: FHA INFO #18-20: 90-Day Conditional Extension of Foreclosure Moratorium for Areas Affected by Hurricane Maria in Puerto Rico and the U.S. Virgin Islands
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-20.
16 May 2018
FHFA: Foreclosure Prevention Report – February 2018
The Federal Housing Finance Agency (FHFA) issued its February 2018 Foreclosure Prevention Report.
10 May 2018
Expedited Foreclosure Process Bill Introduced in New Jersey
NJ A3823 (Concerns expedited process for foreclosing vacant and abandoned residential properties in uncontested actions) has been changed to A2085 for the current session and remains in the Assembly Housing and Community Development Committee. An identical Senate bill, S1243, is a carryover of S1832 from the previous session and is pending in the Senate Community and Urban Affairs Committee.
30 Apr 2018
Future is Uncertain for State’s Groundbreaking Foreclosure Mediation Program
The Hartford Courant published an article discussing CT HB 5495 (An Act removing the sunset date for the Foreclosure Mediation Program).
26 Apr 2018
Maryland Foreclosure Procedure Bill Approved by Governor
MD HB 78 was signed into law by Governor Larry Hogan on April 24, 2018. The bill will require the Department of Labor, Licensing, and Regulation to establish procedures that require a foreclosure purchaser to submit to the Foreclosed Property Registry any change to certain information within 21 days after the change is known to the purchaser.
24 Apr 2018
Washington Bills Take Aim at Abandoned Properties
HB 2057 (An act relating to the services and processes available when residential real property is abandoned or in foreclosure) was signed by Governor Jay Inslee on March 28, 2018.
28 Mar 2018