Archives For: PA
Judicial Foreclosure vs. Lender Behavior
DS News published an article exploring a brief authored by Wharton School (University of Pennsylvania) Professor Brian D. Feinstein. In it, Feinstein explores the impact that judicial foreclosures have on borrowers, lenders, and policymakers.
29 Nov 2018
Erie City Land Bank Lists First 20 Blighted Properties to be Demolished or Repaired
Erie News NOW released an article announcing the first action to be carried out by the Erie City (Pa.) Land Bank Board.
29 Nov 2018
Somerset County Considers Land Project to Deal with Blight
An ordinance designating the Redevelopment Authority of Somerset County (Pa.) to act as land bank was passed by the Somerset County Board of Commissioners.
27 Nov 2018
York Has Power to Seize Slumlord Assets
The York Daily Record published an article authored by Jeri E. Stumpf, president and founder of Jeri E. Stumpf & Associates, Inc. and former director of city planning and acting director of the Redevelopment Authority in York, Pa. In It, Stumpf weighs in on how Pennsylvania municipalities (specifically the City of York) can combat blight created by dilapidated rental properties.
21 Nov 2018
State Supreme Court Restores Powerful Blight-Fighting Tool
Plan Philly published an article discussing a recent Pennsylvania Supreme Court ruling that reaffirms the City of Philadelphia’s ability to force property owners to maintain the appearances of their vacant buildings.
25 Sep 2018
Why the Pennsylvania Anti-Blight Bills Make Good Sense
DS News published an article discussing the passage of HB 653 and 667. Included are comments from late Safeguard Properties Founder Robert Klein from a November 2017 interview.
19 Jun 2018
Redevelopment Authority Bill Approved in Pennsylvania
HB 667 was signed by Governor Tom Wolf. The legislation will grant redevelopment authorities the same power currently utilized by land banks through the Pennsylvania Land Bank Act.
19 Jun 2018
Bill to Lower Foreclosure Process Gains Momentum
PA HB 653 was signed by Governor Tom Wolf on June 19, 2018.
19 Jun 2018
Proposed Vacant Building Ordinance Draws Objections
The New Castle News published an article discussing a newly proposed foreclosure bond ordinance in New Castle, Pa.
24 May 2018
As Nonbank Servicers Grow, Another State Adds Licensing for Them
National Mortgage News released an article outlining a recent decision by the Pennsylvania Department of Banking and Securities.
24 Jan 2018