Eviction

Landlord Groups Granted Preliminary Injunction Against Los Angeles County

Retrieved on: 
Friday, October 21, 2022
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The Apartment Owners Association of California, Inc. (AOA) and the Apartment Association of Greater Los Angeles (AAGLA) jointly announced today that they have been granted a preliminary injunction they had been seeking to prevent enforcement of Los Angeles Countys broad-based moratorium on residential tenant evictions.

Key Points: 
  • The Apartment Owners Association of California, Inc. (AOA) and the Apartment Association of Greater Los Angeles (AAGLA) jointly announced today that they have been granted a preliminary injunction they had been seeking to prevent enforcement of Los Angeles Countys broad-based moratorium on residential tenant evictions.
  • Los Angeles Countys so-called, temporary eviction moratorium has remained in place nearly three years, and is set to expire on December 31, 2022.
  • The Countys COVID-19 eviction protections cover not only the Countys unincorporated areas, but also most of the incorporated cities within the County.
  • Founded in 1917, the Apartment Association of Greater Los Angeles seeks to promote the highest levels of professionalism within the multifamily rental housing industry.

Snappt Releases Top Twenty US Metropolitan Areas for Application Fraud

Retrieved on: 
Tuesday, October 11, 2022
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LOS ANGELES, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Snappt, the leader in application fraud detection for residential apartment property managers, today announced the “Treacherous Twenty,” the list of the top twenty cities in America for application fraud. This phenomenon exploded during the pandemic and involves creating and submitting fake paystubs and bank statements when qualifying to lease apartments. This practice has become endemic, as nationwide, one in eight applicants submit fraudulently altered financial documentation. Fraudsters submitted more than ten million fake financial documents last year. In Atlanta, property managers see fake paystubs or bank statements for every 5th or 6th applicant.

Key Points: 
  • LOS ANGELES, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Snappt, the leader in application fraud detection for residential apartment property managers, today announced the Treacherous Twenty , the list of the top twenty cities in America for application fraud.
  • Application fraud is prevalent throughout the country, even for those cities not listed in the Treacherous Twenty, said Daniel Berlind, CEO of Snappt.
  • Studies show one in four evictions start with application fraud and eviction rates ran as high as 1 in 9 in the Snappt Treacherous Twenty.
  • In fact, half of the metro areas on the Snappt list have unemployment rates at or above the national average.

Ashland Pacific Teams Ups with Esusu to Bolster Financial Health of Student Housing Residents

Retrieved on: 
Tuesday, October 4, 2022
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LOS ANGELES, Oct. 4, 2022 /PRNewswire-PRWeb/ -- Ashland Pacific, a vertically integrated real estate firm specializing in student housing, announced today that is has teamed up with Esusu, the pioneering fintech company, to implement rent reporting to help all Ashland Pacific renters establish and build credit at no cost to them. Now, student residents will have their on-time rent payments reported to all three major credit bureaus (Equifax, Experian and TransUnion), enabling them to establish or improve credit scores while earning a college degree and enter the workforce with a positive credit foundation.

Key Points: 
  • Ashland Pacific has a significant student housing portfolio, both owned and managed, throughout Southern California surrounding major universities including the University of Southern California (USC) and the University of California, Santa Barbara (UCSB).
  • Esusu deploys win-win solutions for landlords and renters nationwide, providing a solution that empowers residents and improves property performance nationwide.
  • Esusu is the leading financial technology platform that leverages data solutions to empower residents and improve property performance.
  • For more information, please visit http://www.ashlandpacific.com
    Leasa Ireland, LPI Communications for Ashland Pacific, 1 3107507082, [email protected]

President & CEO of CCUSA, Sister Donna Markham, to retire

Retrieved on: 
Monday, October 3, 2022
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ALEXANDRIA, Va., Oct. 3, 2022 /PRNewswire/ -- After eight years of leading Catholic Charities USA (CCUSA), Sister Donna Markham OP, Ph.D., will retire as its President and CEO in summer 2023.

Key Points: 
  • ALEXANDRIA, Va., Oct. 3, 2022 /PRNewswire/ -- After eight years of leading Catholic Charities USA (CCUSA), Sister Donna Markham OP, Ph.D., will retire as its President and CEO in summer 2023.
  • Sister Donna is the first woman to lead the U.S. domestic humanitarian work of the Catholic Church and is the 10th president in CCUSA's 112-year history.
  • Through the organization's increased innovation, collaboration, advancement and advocacy efforts, Sister Donna leaves an indelible mark on the social services work of the Catholic Church."
  • "As our CEO, Sister Donna has generously shared her spirit of wisdom, understanding, judgment, courage and knowledge with the national ministry of Catholic Charities," said Marguerite Harmon, CEO of Catholic Community Services of Southern Arizona.

Esusu and Fannie Mae Team up to Create Equitable Financial Opportunities Through Rent Reporting

Retrieved on: 
Tuesday, September 27, 2022
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Through this relationship, Fannie Mae will incentivize its borrowers to report on-time rental payments to the three major credit-reporting bureaus through Esusu's rent reporting platform.

Key Points: 
  • Through this relationship, Fannie Mae will incentivize its borrowers to report on-time rental payments to the three major credit-reporting bureaus through Esusu's rent reporting platform.
  • Positive Rent Payment Reporting is available to Fannie Mae Multifamily property owners looking for ways to help their renters.
  • Fannie Mae and Esusu share in their long-standing commitment to building a more equitable multifamily housing ecosystem and finding solutions to advance renter financial access and sustainable housing opportunities.
  • Esusu and Fannie Mae share the common goal of bolstering diverse, successful, and equitable communities, said Samir Goel and Wemimo Abbey, Co-Founders and Co-CEOs of Esusu.

New Economic Study Shows COVID-19 Severely Affected the Financial Security of Women across Texas

Retrieved on: 
Thursday, September 22, 2022
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DALLAS, Sept. 22, 2022 /PRNewswire/ -- A new study released today by Texas Women's Foundation examines the impact of Covid-19 on women in Texas.

Key Points: 
  • Over 60 percent of Texas women were in households that had difficulty paying for their usual household expenses during the pandemic.
  • Highly educated but underpaid: 1.5 times as many women as men completed public college in 2021, but Texas women continue to often earn less.
  • Texas needs Medicaid expansion: 406,000 Texas women are below the poverty line and lack affordable coverage options.
  • These resources support more than $7.1 million in investments that advance economic security and leadership for Texas women and girls through groundbreaking research, advocacy, grants and programs.

Esusu and Campus Apartments Partner to Advance Wealth-Building Opportunities for Students

Retrieved on: 
Thursday, September 22, 2022
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The partnership will help students living in Campus Apartments housing properties establish a financial identity and forge the path to a strong financial future.

Key Points: 
  • The partnership will help students living in Campus Apartments housing properties establish a financial identity and forge the path to a strong financial future.
  • Esusu and Campus Apartments are providing access to credit and wealth-building opportunities for thousands of students across the country who have previously had limited options to build credit and establish their financial footprint, said Wemimo Abbey and Samir Goel, Co-Founders and Co-CEOs of Esusu.
  • For over six decades, Campus Apartments has offered a higher standard of living and differentiated amenities that appeal to students and parents alike.
  • Implementing Esusus rent reporting platform will enable Campus Apartments to continue strengthening its commitment to students.

Maryland Access to Justice Commission Releases New Housing Data Dashboard

Retrieved on: 
Tuesday, September 20, 2022
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BALTIMORE, Sept. 20, 2022 /PRNewswire/ -- The Maryland Access to Justice Commission, powered by the Maryland State Bar Association, is pleased to announce the release of the Housing Data Dashboard - an online data tool that provides easy access to critical data related to "rent court cases" and evictions which are compiled by the Maryland Judiciary. A2JC has identified the lack of civil justice data itself as a barrier to access to justice. Thus, the launch of the Housing Data Dashboard marks increased transparency and accessibility to eviction data - one of the most voluminous types of cases in the civil justice system. "It is amazing to me that eviction has been in the news non-stop since the start of the pandemic, but Maryland did not have any eviction data available to help us visualize the problem and understand the hotspots. We wanted to solve that problem," says Reena Shah, Executive Director of the Maryland Access to Justice Commission.

Key Points: 
  • BALTIMORE, Sept. 20, 2022 /PRNewswire/ -- The Maryland Access to Justice Commission , powered by the Maryland State Bar Association , is pleased to announce the release of the Housing Data Dashboard - an online data tool that provides easy access to critical data related to "rent court cases" and evictions which are compiled by the Maryland Judiciary.
  • A2JC has identified the lack of civil justice data itself as a barrier to access to justice.
  • Thus, the launch of the Housing Data Dashboard marks increased transparency and accessibility to eviction data - one of the most voluminous types of cases in the civil justice system.
  • A2JC not only worked on the Housing Data Dashboard, but also successfully pushed for legislative reforms to have more meaningful eviction data collection and reporting.

Learn to identify food insecurity issues and solutions in your community at National Press Club Journalism Institute training, Oct. 21

Retrieved on: 
Wednesday, September 14, 2022
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Alejandro Figueroa covers food insecurity and the business of food for WYSO through Report for America.

Key Points: 
  • Alejandro Figueroa covers food insecurity and the business of food for WYSO through Report for America.
  • Scripps School of Journalism at Ohio University, where he reported for The New Political, a student-run publication focused on politics and government.
  • As the non-profit affiliate of the National Press Club, the Institute powers journalism in the public interest.
  • The National Press Club Journalism Institute serves thousands of people daily with our newsletter, online programming, writing group, and other support.

Berkadia Signs Multiyear Agreement With Esusu

Retrieved on: 
Wednesday, September 7, 2022
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Berkadia announced today that it signed an agreement with Esusu, the leading financial technology company leveraging rental data for credit building.

Key Points: 
  • Berkadia announced today that it signed an agreement with Esusu, the leading financial technology company leveraging rental data for credit building.
  • We could not be happier to have a multi-year agreement with Esusu, which allows Berkadia to extend a powerful property performance enhancing solution to our clients, said Bryce Nyberg, Director of Berkadia Digital.
  • Seeing the value Esusu could bring to the entire residential ecosystem, a partnership was formed when Esusu joined Berkadias inaugural BeEngaged program in February 2020.
  • Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc.
    Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc.
    Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions.