Category: News

Enactment of NYS S.5079-A/A.1859-A “Zombie Property Remediation Act of 2019”

On December 18th issued the following press release regarding his signing of the “Zombie Property Remediation Act of 2019” To...

December 20, 2019

New Path to the American Dream

Property conditions are generally contingent on several factors. Of course occupancy status is the primary factor but there are several...

December 16, 2019

NJ S1155 VPRO Legislation Progresses

Following a March 4, 2019 referral to the Senate Budget and Appropriations Committee, S1155 was reported from the Committee and...

December 12, 2019

“Zombie Foreclosures” – New Federal Guidelines for “OREO”

On October 22, 2019 the Office of the Comptroller of the Currency (OCC) amended the regulations and issued a final...

December 10, 2019

Strong Stance Against Zombie Foreclosures

In an aggressive approach  to “zombie foreclosures, at the request of Alderman James Martuscello, Amsterdam NY Common Council members unanimously...

December 2, 2019

Federal Reserve Bank of Atlanta White Paper on VPROs

The Federal Reserve Bank of Atlanta just released a white paper on “VPROs” titled, “Foreclosure Externalities and Vacant Property Registration...

November 25, 2019

Sen. Elizabeth Warren (D-Mass.) Proposes a “Tenant Protection Bureau”

Several of the 2020 Presidential hopefuls have revealed their housing plans, mostly focused on affordable housing. Recently Sen. Elizabeth Warren...

November 20, 2019

Pennsylvania Restore PA Initiative Update

As previously reported, Pennsylvania Governor Wolf has taken an aggressive approach to the fight against blight. Additional information is now...

November 13, 2019

Innovative Solution for a Health Care Crisis, a Solution for Vacant and Abandoned Properties?

A radical fix for a U.S. health-care crisis prominently utilizes vacant and abandoned properties. In a recent feature, Bloomberg Businessweek...

November 11, 2019

Flint MI Recipient of a Cities of Service 2019 Engaged Cities Award

Flint MI was one of three recipients of the Cities of Service 2019 Engaged Cities Award. Underwritten by Bloomberg Philanthropies,...

November 5, 2019