Archives For: foreclosure
Mass. SJC Holds Omission of Post-Foreclosure Notice Did Not Void Foreclosure
The Consumer Financial Services Blog published a post by Maurice Wutscher Attorney Brady Hermann that discusses a recent Massachusetts Supreme Judicial Court affirmation of a lower court’s ruling.
6 Feb 2017
New York Proposes Foreclosure Action Law
S3640 has been introduced in the New York State Senate and was referred to the Housing, Construction and Community Development Committee. The bill would require a plaintiff in a mortgage foreclosure action to maintain the subject property in good faith.
25 Jan 2017
Florida Bill Would Expand Lienholders? Rights
DS News published an article discussing FL H.B. 471, which has been introduced in the Florida State Senate.
24 Jan 2017
FHFA: Foreclosure Prevention Report – October 2016
The Federal Housing Finance Agency (FHFA) published its October 2016 Foreclosure Prevention Report.
19 Jan 2017
Updated Final CFPB Rules Increase Servicer Liability
DS News published an article discussing recently announced Consumer Financial Protection Bureau (CFPB) expanded consumer foreclosure protections.
16 Jan 2017
OCC Reports Improved Mortgage Performance in Third Quarter of 2016
The Office of the Comptroller of the Currency (OCC) issued a news release highlighting its latest Mortgage Metrics Report.
4 Jan 2017
Maintaining a Positive Relationship with Borrowers During Foreclosure
DS News released an article highlighting content from a recent American Tax & Property Reporting (ATPR) white paper.
23 Dec 2016
Is it D?j? Vu All Over Again with Delinquencies?
DS News published an article discussing findings from the Urban Institute’s December 2016 Housing Chartbook.
19 Dec 2016
Ohio Legislature Contemplating Streamlining Foreclosures of Vacant and Abandoned Properties
National Mortgage News posted an article originally appearing in the The Blade (Toledo, OH) that discusses the state of Ohio’s new fast-track foreclosure law. The law officially took effect on September 28, 2016.
21 Nov 2016
State Spotlight: Florida?s Supreme Court Ruling is a Win for Servicers
DS News published an article discussing a recent Florida Supreme Court ruling which decided that servicers may file new foreclosure actions against borrowers who won foreclosure cases more than five years ago if the borrowers defaulted again within five years of the first case’s dismissal.
11 Nov 2016