APRIL 18, 2012

California Attorney General Releases Homeowner Bill of Rights

California Attorney General Kamala D. Harris announced the California Homeowner Bill of Rights on February 29, 2012. The bill of rights is designed to protect homeowners from unfair practices by banks and mortgage companies and to help consumers and communities cope with the state's urgent mortgage and foreclosure crisis.

Joined by Senate President pro Tem Darrell Steinberg and Assembly Speaker John A. Pérez, Attorney General Harris announced her sponsorship of six bills designed to guarantee:

SOURCE: Safeguard Properties Alert

URL: http://tinyurl.com/7soh8t9

JANUARY 25, 2012

NSP2 50% Expenditure Deadline Procedures

HUD has released guidance to their field offices on the NSP2 deadline procedures.   NSP2 grantees with reported exenditures less than 50% of the grant allocation will be receiving letters from HUD.  Drawdowns are a proxy for reported expenditures, but are not the ultimate measure of success. Each grantee must use the QPR module to report expenditures as of Close of Business Feb 11.

SOURCE: The U.S. Department of Housing & Urban Development

URL: http://hudnsphelp.info/index.cfm

NOVEMBER 10, 2011

Apply NOW for Free Technical Assistance from PPS & Livability

Has your community set goals for achieving improved livability, smart growth, or sustainability? Are you running into barriers in achieving these goals?

Applications for free technical assistance from the Project for Public Spaces to address this challenge are now available on the Livability Solutions website. PPS will be offering this technical assistance with its partners at Livability Solutions thanks to a grant from the EPA Office of Sustainable Communities Building Blocks for Sustainable Communities Program.

SOURCE: Project for Public Spaces

URL: http://livabilitysolutions.org/

OCTOBER 20, 2011

Las Vegas Clearinghouse Joins NSP

A leading reseller of real estate in Las Vegas, called Lenders Clearing House LV, LLC, has joined the Neighborhood Stabilization Program (NSP) to help banks reduce their REO inventories in Las Vegas, Nevada.  Over the past few years, Lenders Clearing Housing LV has been creating certified “move in ready” homes by acquiring foreclosed or abandoned homes, restoring them and offering them at or above the current market price.

SOURCE: Market Watch

URL: http://www.marketwatch.com/story/lenders-clearing-house-lv-participates-in-neighborhood-stabilization-program-2011-10-17

OCTOBER 12, 2011

Enterprise Community Partners Testifies at House Subcommittee

Andrew Jakabovics, senior director of policy development and research at Enterprise Community Partners (Enterprise), testified before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity on Oct. 7. Enterprise is a national nonprofit organization that creates opportunities for low- and moderate-income people through fit, affordable housing and diverse, thriving communities. He discussed mechanisms and policy options to facilitate bringing the private sector back into the housing market in a supportive and sustainable way.

SOURCE: InsuranceNewsNet.com, 10/7/11

URL: http://insurancenewsnet.com/article.aspx