Archives For: foreclosure
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
Milwaukee May Expedite Tax Foreclosures to Crack Down on Delinquent Landowners
On May 31, the Milwaukee – Wisconsin Journal Sentinel published an article discussing a proposed measure that would accelerate the city of Milwaulee’s ability to foreclose on vacant, tax-delinquent properties.
12 Jun 2015
Oversight of Mortgage Servicers Increased in Hawaii
On June 4, National Mortgage News (The Honolulu Star-Advertiser) released an article discussing Senate Bill 1093, newly enacted by Governor David Ige.
12 Jun 2015
Benjamin Lawsky Declares New York’s Foreclosure System ‘Broken’
On May 20, the New York Law Journal published an article titled State Banking Regulator Calls for Foreclosure Changes.
11 Jun 2015
Pasco County, FL Considers Amendment to Vacant Property Registration Ordinance
On May 28, the Tampa Bay Times released an article titled To aid code enforcement, county plans change to foreclosure rules.
2 Jun 2015
Senator Seeks to Permanently Extend Foreclosure Protection for Servicemembers
On May 5, DS News released an article discussing U.S. Senator Sheldon Whitehouse’s (D-Rhode Island) announcement of a bill that aims to permanently extend benefits provided by the Foreclosure Relief and Extension for Servicemembers Act.
6 May 2015
HUD Announces Changes to Distressed Asset Stabilization Program
On April 24, the U.S. Department of Housing and Urban Development (HUD) published a press release titled HUD Announces Changes to Distressed Asset Stabilization Program.
27 Apr 2015
“Keep Chicago Renting” Ordinance Undergoes Changes to Close Loopholes
On April 13, the Chicago Tribune published an article titled Aldermen make changes to Chicago foreclosure ordinance.
22 Apr 2015