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Residential Real Estate Market Abandoned Property

Bricker Graydon LLP

Other people's money: Certain use of federal stimulus cash by land banks “presumed” eligible

Bricker Graydon LLP on

During the past decade, county land banks ramped up operations across Ohio largely employing one-time cash. The Hardest Hit Fund (HHF), sourced from Ohio’s share of mortgage industry settlement payments related to the Great...more

Ballard Spahr LLP

New York Imposes Expanded Duties on Mortgage Servicers

Ballard Spahr LLP on

New York Governor Andrew Cuomo signed AB 10741 into law on June 23, 2016. AB 10741, which is designed to address abandoned homes, known as zombie properties, amends several provisions of New York law and requires mortgage...more

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