August 1, 2021
  • 10:00 pm Eveready East Africa Limited (EVRD.ke) HY2010 Interim Report
  • 9:59 pm Mauritian Eagle Insurance Co. Limited (MEI.mu) 2011 Abridged Report
  • 9:58 pm ARM Cement Limited (ARM.ke) HY2011 Interim Report
  • 9:57 pm Medtech Holdings Limited (MMDZ.zw) 2012 Abridged Report
  • 9:55 pm DN Tyre & Rubber Plc (DUNLOP.ng) 2013 Annual Report

first_img Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Blight Eric Schneiderman Foreclosures New York Attorney General Zombie Foreclosures New York Attorney General Eric Schneiderman announced on Monday that he plans to introduce an expanded version of the bill he proposed last year reduce the number of zombie properties in the state.The goal of Schneiderman’s new proposed Abandoned Property Neighborhood Relief Act is to cut down on the increasing number of residential properties that fall into disrepair when they are abandoned by owners during the foreclosure process and subsequently not maintained by mortgagees. Such properties are often referred to as “zombie properties.”Speaking at the New York State Association of Towns’ 2015 Training School and Annual Meeting on Monday, where he announced his intention to introduce the expanded legislation, Schneiderman said the number of zombie properties in New York increased by almost 50 percent in 2014 compared to 2013, which amounted to about 16,700 zombie properties. Scheneiderman quoted data that in the 10 counties in New York with the most zombie properites, approximately 42 percent of properties in foreclosure are abandoned before the lengthy process is finished. When the bank fails to maintain these properties, they fall into disrepair, which in turn lowers property values of surrounding houses and invites vandalism and violent crime.”Leaving zombie properties to rot is unfair to municipalities and unfair to neighbors, who pay their taxes and maintain their homes,” Schneiderman said. “In the next two weeks, my office will resubmit to the Legislature our bill that would require banks to take responsibility for maintaining properties much earlier in the foreclosure process, take that burden off of towns and cities, and allow local governments to more easily identify the mortgagees of these properties to make sure they maintain them. And as my office enforces the requirement that banks take responsibility for these properties, any fines we levy will go into a fund to help towns and cities hire more code enforcement officers.”The proposed Abandoned Property Neighborhood Relief Act addresses the problem of homeowners who may be unaware of their legal rights abandoning their homes once they receive a foreclosure notice. The new bill requires mortgagees to provide homeowners with early notice that they are legally entitled to remain in their homes until a court orders them to leave. Also as part of the new bill, mortgagees are required to identify, secure, and maintain vacant properties soon after they are abandoned rather than at the end of the foreclosure process. The bill requires mortgagees and their loan servicing agents to periodically inspect properties with delinquent mortgages to ensure that they are occupied. The bill also makes it unlawful for a mortgagee or anyone acting on the mortgagee’s behalf to enter an occupied property and intimidate, harass, or coerce a lawful occupant into vacating the property.”Many vacant and abandoned properties are a significant source of blight, magnets for criminal activity, negatively impact property values and detract from residents overall quality of life,” Binghamton Mayor Richard C. David said. “This issue impacts cities across the nation and the Attorney General’s proposal to hold mortgage lenders more accountable and provide a strategy to keep these properties from deteriorating will ultimately protect homeowners and improve the integrity of our neighborhoods.”The Abandoned Property Neighborhood Relief Act is part of Schneiderman’s broader strategy to help New York homeowners and communities recover from the foreclosure crisis, according to Schneiderman’s announcement. His other actions toward obtaining this strategy include securing $2 billion in a National Mortgage Settlement to help financially struggling families and dedicating $100 million of that money to the Homeowner Protection Program (HOPP), which provides housing counseling and free foreclosure prevention legal services to struggling homeowners in New York. According to Schneiderman’s office, HOPP has helped 39,000 families in the state as of December 2014. New York AG Proposes New Expanded Bill to Reduce Zombie Properties Previous: LenderLive Names SVP of Operations for Settlement Services Division Next: Lawmakers Discuss Use of RMBS Settlement Funds at House Judiciary Committee Hearing Blight Eric Schneiderman Foreclosures New York Attorney General Zombie Foreclosures 2015-02-16 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / New York AG Proposes New Expanded Bill to Reduce Zombie Properties in Daily Dose, Featured, Foreclosure, Newscenter_img About Author: Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago Share Save February 16, 2015 1,440 Views Sign up for DS News Daily last_img read more

READ MORE

first_img The Hammers are sorely missing the attacking talents of their injured stars Dimitri Payet, Diafra Sakho, Manuel Lanzini and Victor Moses in front of goal. Yet Bilic, who has ordered the club to move training grounds in a bid to halt their injury jinx, would have seen his side pick up a first win in six matches had Mauro Zarate’s 80th-minute shot not cannoned back off a post. A draw was a fair result, though, as Stoke were also denied by the woodwork when Marko Arnautovic hit the crossbar midway through the second half. “I’m pleased on one hand, considering we are missing key offensive players, with the way we played,” said Upton Park boss Bilic. “If you ask me before the game if I’m happy to take a point, then no. But considering the way the boys played, I can’t be unhappy. I couldn’t ask for more.” Stoke should have taken an early lead but Marco van Ginkel scuffed a sitter wide from in front of goal. As well as the woodwork, both goalkeepers were kept busy with Jack Butland making fine saves from Cheikhou Kouyate’s long-range effort and Andy Carroll’s header, while Adrian twice denied Stoke sub Meme Biram Diouf with his legs. And in stoppage time a frantic goalmouth scramble saw Kouyate’s header cleared from underneath the bar by former West Ham defender Glen Johnson. “It was a very entertaining game, full of energy, high tempo with both teams defending well,” added Bilic. “It should have been 1-1 or 2-2. With a bit of luck we could have one, but so could they. “They also wanted to win. The game deserved goals.” Slaven Bilic declared himself satisfied after his patched-up side battled to a goalless draw against Stoke. The Hammers are now without a win in six matches while Stoke, fresh from last weekend’s victory over Manchester City, have lost just one in six. “It was a close game,” said Potters manager Mark Hughes. “For a 0-0 it had plenty of incident. Someone told me there were 30-odd attempts on goal from each side. “West Ham were a bit more direct because of all their injuries and we stood up to that. “West Ham did a good job, they knew what we did last week and they weren’t gong to allow that to happen at home. “It was a decent game to be involved in and we’ll look back at it at the end of the season and say it was a decent point.” Press Associationlast_img read more

READ MORE