Archives For: foreclosure
Federal Protecting Tenants at Foreclosure Act
The National Law Review released an article authored by Brian H. Smith, Shareholder and member of Stark & Stark’s Bankruptcy & Creditors’ Right Group. In it, Smith details issues surrounding the now retired Protecting Tenants at Foreclosure Act (“PTFA”).
21 Aug 2015
Higgins Proposes Legislation to Expedite Sale of Foreclosed Homes by Banks
A recent article published by The Buffalo News discussed the Vacant Homes Act of 2015 (H.R. 3203), which was introduced by Representative Brian Higgins (D-NY-26) on July 23.
29 Jul 2015
FHFA Demonstrates Progress Toward Goal of Keeping At-Risk Families in Homes
On July 15, DS News published an article discussing results from the Federal Housing Finance Agency’s (FHFA) April 2015 Foreclosure Prevention Report.
27 Jul 2015
Milwaukee Council Approves Ordinance Identifying Homes Near Foreclosure
On June 23, the Milwaukee-Wisconsin Journal Sentinel published an article titled Aldermen pass measure targeting zombie houses.
17 Jul 2015
VA Circular 26-15-16 Auction Service for the Termination of VA Loans
On July 1, the U.S. Department of Veterans Affairs (VA) released Circular 26-15-16, subtitled Auction Service for the Termination of VA Loans.
8 Jul 2015
Menendez Bill Would Help Homeowners at Risk of Foreclosure Stay in Their Homes
On June 16, the office of U.S. Senator Robert Menendez (D-NJ) issued a press release discussing the introduction of the Preserving American Homeownership Act of 2015.
7 Jul 2015
New My Home by Freddie Mac Website Provides Valuable Consumer Resources
On June 17, Freddie Mac released an update discussing its recently launched My Home by Freddie Mac website.
24 Jun 2015
New York SB 4498: Provides for Summary Action to Foreclose Upon Vacant and Abandoned Residential Real Property
On May 6, NY SB 4498 was advanced to a third reading. If enacted, the bill would amend the Real Property Actions and Proceedings Law for an expedited procedure for abandoned property foreclosure for residential properties.
22 Jun 2015
Proposed New York Senate Bill S4781-2015
On April 15, NY S4781-2015 was introduced in the Senate and referred to the Housing, Construction and Community Development Committee.
22 Jun 2015
Glens Falls, NY Set to Begin Eminent Domain Proceedings
On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.
12 Jun 2015