FMC Company News

Idaho recently enacted House Bill 331 which will impact the foreclosure process in the state effective September 1st.
The bill requires that an Important Notice, which must be executed by the beneficiary, and a form to request a loan modification be sent to the borrower along with the Notice of Default where the property is the borrower’s primary residence.

The New Jersey Appellate Division recently issued two decisions impacting foreclosure actions.

The City of Chicago recently amended the vacant property ordinance in its Municipal Code. Significantly, the definition of property owner has been expanded to include mortgagees. As such, mortgagees will be held responsible for repairs, security, general maintenance, and maintaining insurance. Non-compliance may result in fines.

Nations Title Agency is excited to announce the hiring of Joshua Tatum as the State President for Nations of Georgia. This hiring allows Nations Title to further its focus on the Atlanta, Georgia market by reopening a branch in the heart of the city.

Nations Lending Services of Ohio is pleased to announce the promotion of Vickie Ungashick to Director of Operations/ Executive Vice President. A long-time employee of Nations, Vickie brings a wealth of experience and energy to her new role with the company.