Archives For: zombie properties
Menendez Announces Legislation to Address NJ?s Worst-in-the-Nation Foreclosure Crisis
U.S. Senator Bob Menendez (D-NJ) has officially introduced the “Preventing Abandoned Foreclosures and Preserving Communities Act of 2016” (S.3146). The bill has been referred to the Committee on Banking, Housing and Urban Affairs.
12 Jul 2016
Here?s One Way to Fight Zombie Properties
The New York Law Journal published an article authored by Bruce J. Berkman, a partner with Berkman, Henoch, Peterson & Fenchel. In it, Berkman discusses a recently passed law in Hempstead Town, NY (Ordinance No. 46-2016) that requires servicers to provide a financial security deposit to maintain vacant and abandoned properties that are in the process of foreclosure.
29 Jun 2016
County Identifies Responsible Parties to ?Zombie? Properties
The Ken-Ton Bee published an article discussing the efforts of New York State Assemblyman Michael Kearns to collect public complaints pertaining to vacant, blighted homes in order to raise awareness of their existence and inspire action from the state.
8 Jun 2016
Portland Signals More Aggressive Approach to Vacant, Abandoned Homes
The Oregonian published an article discussing a plan by Portland, OR to clean up zombie properties.
5 Apr 2016
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
Governor Cuomo Announces Major Mortgage Companies Agree to Measures to Combat Vacant Abandoned ?Zombie Properties”
On May 18, New York Governor Andrew Cuomo issued a press release announcing the adoption of a set of best practices by 11 financial institutions to address vacant and abandoned properties.
11 Jun 2015
New York AG Proposes New Expanded Bill to Reduce Zombie Properties
On April 18, the Yonkers Tribune released an article titled A.G. Schneiderman Introduces Expanded Legislation to Combat Spread of “Zombie Properties” Across State.
20 Apr 2015