{"id":2284,"date":"2016-09-08T12:00:51","date_gmt":"2016-09-08T12:00:51","guid":{"rendered":"https:\/\/preprod.housingwire.com\/knowledge\/?p=2284"},"modified":"2019-11-06T14:47:21","modified_gmt":"2019-11-06T14:47:21","slug":"fixing-the-foreclosure-fallout","status":"publish","type":"post","link":"https:\/\/preprod.housingwire.com\/knowledge\/fixing-the-foreclosure-fallout\/","title":{"rendered":"Fixing the foreclosure fallout"},"content":{"rendered":"<p>As the housing market continues to recover from the Great Recession, the overall number of foreclosure starts has fallen on a nationwide basis. However, there are more than a dozen states where that trend reversed this year, and foreclosures completed in the second quarter of 2016 took an average of 629 days. For communities dealing with a glut of abandoned properties and the servicers charged with protecting properties in default, long foreclosure timelines can be a nightmare.<\/p>\n<p>This white paper explains how servicers are working with communities to mitigate the effects of vacant and abandoned properties, both through legislation and through a revolutionary clearboarding process.<\/p>\n<p>HIGHLIGHTS<\/p>\n<ul>\n<li>Learn more about the foreclosure fast-track legislation in Ohio that can serve as a model for other states to reduce the foreclosure timeline.<\/li>\n<li>How communities at risk are using clearboarding to reduce crime and save money.<\/li>\n<li>How servicers can secure properties in default without negatively affecting surrounding property values.<\/li>\n<\/ul>\n<p><strong>Publisher:\u00a0SecureView<\/strong><br \/>\n<strong>Date:<\/strong>\u00a0September 2016<\/p>\n<p><!--[if lte IE 8]>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2-legacy.js\"><\/script>\n<![endif]--><br \/>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n\tportalId: \"4509319\",\n\tformId: \"d8c1222a-fe1f-470a-b0fb-269f9fe73a6f\"\n});\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the housing market continues to recover from the Great Recession, the overall number of foreclosure starts has fallen on a nationwide basis. However, there are more than a dozen states where that trend reversed this year, and foreclosures completed in the second quarter of 2016 took an average of 629 days. For communities dealing [&hellip;]<\/p>\n","protected":false},"author":686,"featured_media":2285,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[59,63],"coauthors":[80],"class_list":["post-2284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-top-picks","tag-white-paper"],"acf":[],"jetpack_featured_media_url":"https:\/\/preprod.housingwire.com\/knowledge\/wp-content\/uploads\/sites\/2\/2016\/09\/shutterstock_242052292-copy.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/users\/686"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/comments?post=2284"}],"version-history":[{"count":1,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2284\/revisions"}],"predecessor-version":[{"id":2881,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2284\/revisions\/2881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media\/2285"}],"wp:attachment":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media?parent=2284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/categories?post=2284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/tags?post=2284"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/coauthors?post=2284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}