Archives For: foreclosure
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
State Spotlight: The Sun Sets on Nevada’s Foreclosure Mediation Program
DS News released an article discussing the State of Nevada Foreclosure Mediation Program (FMP), which is scheduled to end on June 30, 2017.
9 Nov 2016
Foreclosure Mortgage Fraud Bill Introduced in Illinois
IL HB 6619 had its first reading and was referred to the Rules Committee on November 2, 2016.
2 Nov 2016
Boomerang Buyers Dust Themselves Off to Re-enter Market
DS News published an article discussing the 2.5 million consumers who are set to potentially re-enter the mortgage market in 2017.
27 Oct 2016
How Long it Takes to Complete a Foreclosure in N.J. by County
NJ.com released an article exploring foreclosure time frames in the state of New Jersey.
25 Oct 2016
OPINION: Recent Efforts to Speed Up Foreclosure Proceedings in N.Y.
Real Estate Weekly published an editorial discussing foreclosure timelines in the state of New York.
25 Oct 2016
State Spotlight: Acceleration Notices Require Strict Mortgage Compliance
DS News published an article authored by Lauren Riddick, attorney with Codilis & Associates, P.C. In it, Riddick discusses acceleration notices and the critical need for servicers to adhere to the exact language of the mortgage when foreclosure action is imminent.
14 Oct 2016
Bill Introduced to Protect California Widows, Widowers Against Foreclosure
The Los Angeles Times published an article discussing the signing of CA SB 1150 by Governor Jerry Brown.
29 Sep 2016
State Spotlight: Florida Court Decision May Bring Difficulties for Servicers
DS News published an article discussing a recent Florida court case that could potentially cause difficulty for servicers in the disposition of foreclosed properties.
26 Sep 2016