Archives For: foreclosure
County Lawmakers Seek Remedy for Zombie Homes
Recently, New York Assemblyman Michael Kearns (D-Buffalo) and Senator Patrick Gallivan (R-Elma) proposed legislation that aims to decrease the time a vacant property may sit in foreclosure in Erie County.
14 Jun 2017
New Jersey Appellate Division Holds Foreclosing Lender Who Simply Winterized and Secured a Condominium is Not a Mortgagee in Possession and Not Responsible for Condominium Association Fees
Riker Danzig Scherer Hyland & Perretti LLP posted a blog by Michael Crowley, Clarissa Gomez and Michael R. O’Donnell. In it, a recent New Jersey Appellate Division decision is discussed.
8 Jun 2017
Two Bills that Affect Foreclosure Notices
DS News published an article authored by John A. Ansell III, partner at Rosenberg & Associates, LLC. In it, Ansell outlines two pieces of foreclosure related legislation recently enacted in Maryland.
29 May 2017
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing several updates, including a change to Servicer Handbook M26-4 (Appendix G: State Foreclosure Process and Statutory Bid Information).
25 May 2017
Realtors Push for Renewal of Tax Relief on Forgiven Housing Debt
National Mortgage News published an article discussing a letter to the U.S. Senate from the National Association of Realtors (NAR) that advocates for the passage of S. 122 (Mortgage Debt Tax Relief Act).
11 May 2017
North Carolina Supreme Court Adopts “Substantial Competent Evidence” Requirement for Borrowers Asserting “True Value” Defense in Foreclosure Deficiency Actions
The National Law Review published an article authored by Lance P. Martin of Ward and Smith, P.A. In it, Martin details a recent North Carolina Supreme Court reversal of a 2015 Court of Appeals decision.
9 May 2017
Brooklyn Court Quietly Moves to Toss Out Hundreds of Foreclosure Cases
DNA Info published an article outlining a plan by the Kings County, N.Y. Supreme Court to dismiss all foreclosure cases filed before January 1, 2016 that have seen no court activity after September 30, 2016.
8 May 2017
Laws to Fast-Track Vacant Home Foreclosures Slowly Gain Traction
National Mortgage News published an article exploring current national foreclosure activity and laws that aim to shorten the foreclosure process.
28 Apr 2017
Nevada Servicemember Foreclosure Bill Introduced in Senate
NV S.B. 33 has been amended, passed by the Senate and sent to the Assembly. If enacted, the bill will “prohibit the foreclosure of real property owned by certain military personnel or their dependents in certain circumstances”.
18 Apr 2017
FHFA: Foreclosure Prevention Report – January 2017
The Federal Housing Finance Administration (FHFA) published its January 2017 Foreclosure Prevention Report.
12 Apr 2017