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The days of vacant, distressed homes covered in sheets of plywood appear numbered, as Fannie Mae and Freddie Mac move toward greater adoption of polycarbonate "clear boarding" to secure foreclosure properties.
May 9 -
Kentucky has a property problem and Henderson is no exception. Some property owners let their grass grow past 10 inches. Unsafe structures are not secured or boarded up. The list or problems goes on.
May 8 -
Years after the worst of the housing crisis, states still dealing with high foreclosure activity are weighing laws to speed the process on vacant or abandoned properties.
April 28 -
Robeson County, N.C., is losing needed revenue by not taking foreclosure action sooner against property owners who have not paid taxes, according to Commissioner David Edge.
March 16 -
On the eve of delivering money to help flood victims rebuild their homes, the federal agency is demanding Louisiana repay $6.6 million because of sloppy handling of funds for building low- and moderate-income housing over the past decade.
March 14 -
Ohio has prohibited the use of plywood to board up certain vacant or abandoned properties in foreclosure.
January 6 -
The National Fair Housing Alliance and 20 local fair housing groups have filed a lawsuit in federal court against Fannie Mae over its maintenance and marketing of foreclosure properties.
December 6 -
Two consumer advocacy groups in California have accused CIT Group's OneWest Bank of failing to provide mortgages and other financial services in minority neighborhoods.
November 17 -
Condominium associations cannot afford to take on the potential legal risk that reporting delinquent borrowers to the credit bureaus would bring.
October 13Marcus, Errico, Emmer & Brooks -
Prepayment speeds were lifted to a 12-month high in June thanks to historically low interest rates, according to Black Knight Financial Services.
July 27