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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009. ” According to the Fourth Circuit decision in March, plaintiffs are entitled to summary judgment on their claims for conspiracy and unconscionable inducement, but not for the claim regarding breach of contract.

Appraisal 448
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Title insurance industry volume rises 3.6% in Q1

Housing Wire

A strong purchase market and continued home appreciation helped offset ongoing contraction in refinance volume to help drive the 3.6% While the overall expense to purchase a home has increased significantly the past few years, the cost of title insurance coverage has decreased 7% since 2004. million), Florida ($696.6

Insurance 321
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Conservation Easement in Ohio: A Guide to Protecting Our Treasured Land

The Robert Weiler Company

A simple conservation easement definition is a legal contract to protect private land, permanently. While the conservation easement definition establishes the protection of land for future generations to enjoy, there may be specifications for: land subdivisions; property development; property conservation values; and. Land Trusts.

Easement 148
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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced. out of 5 stars Rating: 4.5

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

There should be enough information in your workfile so that you know exactly what you were thinking when you developed and reported that opinion of value. Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. What could I have been thinking?”.

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New Hampshire 2023 Year in Review

Lamacchia Realty

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. The chart below illustrates the contrast with the period from 2004 to 2006, where a surge in home listings, coupled with low demand, led to the housing crisis—a scenario opposite to the current market climate.

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8 Common Violations Made by Appraisers

McKissock

In this article, I outline several examples of less serious breaches of development STANDARD 1 and reporting STANDARD 2—and a few other types of violations, too. From 2004 to 2013, Dan was a member of the Pennsylvania State Board of Certified Real Estate Appraisers, serving for five years as vice-chairman and three years as chairman.