Tag Archives: Abandoned Property

A new white paper from Legal League 100’s Special Initiatives Working Group brings clarity to determining whether or not a property is deemed abandoned.

Last week, DS News was sad to report the death of industry icon Robert Klein, Founder and Chairman of Safeguard Properties. Under Klein’s stewardship, Safeguard grew from its humble beginnings as a two-man operation in a basement office into a ...

Ever since the Washington Supreme Court’s decision in the Jordan v. NationStar case, loan servicers have been on edge about securing abandoned property. House Bill 2057 seeks to address this, and several other pressing issues. Most of the bill's sections ...

The National Mortgage Servicing Association (NMSA) announced the appointment of Jim Taylor, SVP of Property Preservation with Wells Fargo Home Mortgage Asset Management, to lead the organization’s effort to mitigate the threat that vacant and abandoned properties pose to homeowners and communities. Taylor, a 30-year industry veteran, leads asset management and preservation of Wells Fargo’s residential servicing portfolio while caring for the interests of the communities it serves. His first order of business will be partnering with his peers and regulatory agencies to develop a comprehensive national definition for what constitutes a vacant and abandoned property and honing a strategy for the harmonization of procedure for their treatment.