Archives For: foreclosure
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
Pennsylvania Ponders Fast-Track Foreclosure Bill
On March 1, PA SB 471 was introduced and referred to the Committee on Banking and Insurance.
5 Apr 2017
Land Banks Created to Help Remove, Rehabilitate Run-Down Homes
The Parkersburg News and Sentinel published an article exploring the establishment of land banks throughout the state of Ohio and how they are used to combat blight.
2 Apr 2017
Post-Hurricane Sandy Bill Grants Homeowners Mortgage Forbearance
NJ.com released an article discussing a New Jersey Department of Community Affairs mortgage forbearance program that would allow certain homeowners affected by Hurricane Sandy to suspend mortgage payments and have them tacked onto the end of their loans.
31 Mar 2017
More Consumers Seek Loan Modifications
DS News published an article discussing loan modification and foreclosure data from the January 2017 HOPE NOW Data Report.
20 Mar 2017