Resident Evil's post-RE7 success has been so great that it even somehow managed to convince Konami into making good Silent Hill games again. What's your excuse?
Actually, I think it's probably that the series has only ever been moderately financially successful and as such KT probably doesn't consider it worth investing into more than the two ports of Wii and WiiU games we got 
It's been two years since the Mask of the Lunar Eclipse remaster and there hasn't been a peep about the franchise since 
I can't help but imagine how incredible a new Project Zero game on the level of a modern RE game or the Silent Hill 2 remake could be (Yes, I have seen the Silent Hill F trailer but no, a Shinto shrine alone does not a Project Zero game make)
If a new Project Zero/Fatal Frame game ends up being made I can only hope that whatever weird perverts that were behind Maiden of Black Water are let nowhere near the development process
