The Consumer Financial Protection Bureau (CFPB) has officially backed up the Center for Disease Control’s (CDC) eviction moratorium. The CDC’s moratorium was recently extended through June 30th, making the entire thing last over a year long. With over nine million families having overdue rent, some rental property owners have been struggling to find ways to
What’s in this Article: CA Gov. Newsom signed SB 91 into law on January 29, 2021 Owners and Property Managers may receive up to 80% lost rent money from the time period between April 1, 2020 and March 31st, 2021 CRAs should not include negative debt allegedly tied to COVID-19 hardship; Including this debt on
Everyone looked forward to 2021 for the simple fact that at least 2020 and all it held would be over. For those in the rental housing industry, the most important thing thought to end with the year’s change was the eviction moratoriums. Most set to expire sometime in early 2021, property owners and managers have
The term ‘Great Migration’ has been a popular turn of phrase since 1916 when large groups of African Americans made their way out of the rural South United States. Since then, great migrations have come to mean that of a similar idea, when groups of people pick up from or head to specific points at
It’s been a wild year for rental housing legislation. Last year everyone was worried about emotional support animal laws, rent price ceilings, and even criminal history limitations. It seems like so long ago that New York banned criminal background checks. The new year hit with a bang and instead of all those things that plagued
In this industry, we’re always trying to figure out more about our renters. From analyzing the next generation of renters, to connecting with applicants on the latest social media platforms, to investing in AI, we’re constantly looking for new ways to attract the best residents to our properties. But when does the desire to know
Over the past few years, we’ve seen state legislators turn up the heat when it comes to proposing and passing new landlord-tenant laws and credit reporting regulations. While prior years have been focused on ban-the-box, criminal screening restrictions, and rent control, this year’s big debate is unsurprisingly how to deal with COVID-19 related unpaid rent
Perseverance and grit are built into the foundations of our industry. While March through June of 2020 was taxing to say the least, you’ve had time to remodel your policies and procedures to adapt to rental applicants with an unfamiliar kind of recent credit history. As we were all scrambling over these four months, VantageScore
From the battle cries of a rent strike to outright banning evictions, the response to renters’ rights during the pandemic has varied depending on what area your rental property is located. On the extreme end of COVID-19 related housing responses, California legislators have proposed a bill that could reduce rent by 25% and halt evictions
Criminal records for rental decisions have become increasingly restricted over the past few years, and those efforts could be accelerated. As many local and state prisons and jails have released prisoners early during the coronavirus pandemic, there are concerns post-COVID that those previously incarcerated could become a protected class. As a protected class, resident screening