Housing Wire

AUGUST 13, 2024

million deal in 2021 to acquire HECM lender-turned-servicer Reverse Mortgage Solutions (RMS) from its owner, MAM, after a roller coaster of ownership changes and legal disputes following the end of RMS’ time as a reverse mortgage lender in 2017. Onity became involved in reverse mortgage servicing with a $12.4

Mortgage 434

Mortgage Finance Clients Legal 434

Housing Wire

AUGUST 28, 2024

million in a settlement agreement stemming from a 2017 case brought by the U.S. Department of Housing and Urban Development (HUD) by falsely certifying that the money was being spent in compliance with federal accessibility laws.” The City of Los Angeles will pay $38.2 Department of Justice (DOJ) on behalf of a disabled resident.

Law 435

Law Development Legal Housing Market 435

Appraisal Buzz

DECEMBER 12, 2024

Key Developments In 2024, Colorado, Hawaii, and Washington joined the growing list of states addressing affordability through shared housing legislation. In Washington, where rents climbed 42% between 2017 and 2023, H.B. By reducing parking mandates for these projects, Hawaii makes such developments more financially feasible.

Law 221

Law Legal Development Government 221

Housing Wire

APRIL 1, 2024

Then, through his legal counsel, Kortas “asserted that the aviation business is a legitimate business of Nexa and “Grella had consented to some aviation related purchases.” Regarding the $24 million airplane-hangar leasehold, the lawsuit that “Grella informed the seller of the truth of Kortas’ inability to bind Nexa.”

Brokerage 448

Brokerage Loan Officers Business Legal 448

Housing Wire

NOVEMBER 9, 2020

Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation. In 2017, the associations collaborated to create standard legislation that is safe for consumers, ensures the transaction can be insurable and is technology neutral.

Law 468

Law Legal Technology Real Estate 468

Housing Wire

JULY 30, 2024

The HMAC lawsuit alleges that Turturro, restricted from using confidential company information for his benefit, directed $800,000 to a marketing agency to develop the Jet Mortgage brand. But in May 2024, he resigned from HMAC “without prior notice,” the complaint stated. dba In-House Lender.

Sellers 445

Sellers Business Contracts Mortgage 445

Housing Wire

OCTOBER 8, 2024

A similar optional policy, which was last amended in May 2017, was later added to the NAR Handbook on Multiple Listing Policy. NAR would not elaborate on the contents of the letter, which was written by Katie Johnson , the trade group’s former chief legal officer, but it did confirm the authenticity of the email. Section 18.3.11

Real Estate 475

Real Estate Brokerage Realtors Legal 475

Miller Samuel

MARCH 19, 2019

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

Real Estate 370

Real Estate Law Development Investors 370

Cleveland Appraisal Blog

JUNE 18, 2022

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

Appraisal 309

Appraisal Law Development Valuation 309

Appraisal Buzz

AUGUST 19, 2024

Central, was developed for those dealing with distressed assets, and will dissect the current landscape of the market. She has nearly 30 years of experience and expertise in mortgage market analysis, model development, and risk analysis in the housing finance industry.

Real Estate 221

Real Estate Legal Development Investors 221

Appraisal Buzz

OCTOBER 22, 2024

Vermeer has more than 20 years of financial leadership experience at acclaimed organizations in the fields of international development and education. Prior to that she served as CFO of the International Services for the American Red Cross from 2015-2017 and was in finance roles at the World Wildlife Fund from 2002-2014.

Mortgage 195

Mortgage Legal Finance Investing 195

The Robert Weiler Company

OCTOBER 15, 2021

How the 2017 Tax Cuts and Jobs Act Affects You and Your Commercial Real Estate. Franklin County, which includes Columbus, underwent the property reassessment process in 2017. Problems arise when tenants try to act on these provisions while the purchaser is unaware of the legalities. 115-97, was signed on December 22, 2017.

Investing 138

Investing Real Estate Tenants Investors 138

The Robert Weiler Company

JUNE 29, 2020

With the recent boom in housing sales and commercial real estate development, farmland has proven to generate a significant return on investment for you, the land owner. Evaluate Land Use Restrictions: Over time, legal restrictions on land use can change drastically. Look up your land and get in the know.

Investing 148

Investing Easement Real Estate Investors 148

The Robert Weiler Company

NOVEMBER 8, 2021

Because a property looks great doesn’t mean all legal entanglements have been resolved, or there aren’t unforeseen challenges. Do you want your rights to that road governed by a simple handshake or do you want to ensure solid legal ground? Check the property’s access (and legal use) to streams, creeks, rivers, ponds, etc.

Easement 78

Easement Real Estate Legal Law 78

The Robert Weiler Company

MARCH 15, 2021

And, it is a major development that the Columbus region should celebrate. But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. This scenario is what many real estate developers face. Later, the building was repurposed as the Bosco Center until May 2017.

Appraisal 158

Appraisal Property Appraisal Real Estate Buyers 158

GoForrmz

AUGUST 19, 2022

Online applications aren’t entirely new, as early as 1998 a nonprofit organization developed the Common Application to even out the playing field of college applications. A 2019 report from the National Association for College Admission Counseling noted a 6% increase in the total number of freshman applicants from 2017 to 2018.

Technology 78

Technology Tools Legal Contracts 78

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. More housing developments are needed, leaving the door open for developers and investors to fill the gap. New development projects also remain strong.

Marketing 78

Marketing Real Estate Investing Retail 78

Zillow

JUNE 11, 2018

According to the Zillow Group Consumer Housing Trends Report 2017 , renters account for 37 percent of all households in America - or just over 43.7 Other properties, particularly condos or developments subject to homeowners associations (HOAs), charge move-in fees for tenant-occupied units. By Leigh Raper. million since 2005.

Landlords 36

Landlords Tenants HOA Law 36

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). There is administrative time involved, as well as legal factors. The anticipation includes the additional burden on lenders as well as appraisers.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Housing Wire

DECEMBER 21, 2023

Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) sued the developer and lender Colony Ridge on Wednesday, alleging the company operated an illegal land sales scheme and made false statements targeting tens of thousands of Hispanic borrowers in Texas. between 2017 and 2021, per the lawsuit.

Lending 459

Lending Development Investing Business 459

Housing Wire

MARCH 29, 2022

And in a March interview with former president Bill Clinton, Department of Housing and Urban Development Sec. Housing and Urban Development Secretary Marcia Fudge. Yes, regulators are legally obliged to assess CRA adherence. . Marcia Fudge, called attention to the continued practice of redlining. “We

Lending 370

Lending Government Law Mortgage 370

Clear Capital

NOVEMBER 30, 2021

And they describe themself as a developer of the mobile-first home ownership platform. And sort of like came to the US in 2017 with like, a certain idea. The thing about the qualifications is the only reason they exist and the only reason there’s a very tedious process is because of how fundamentally broken the legal system is.

Landlords 62

Landlords Real Estate Tenants Investing 62

The Robert Weiler Company

MARCH 24, 2021

In addition to the above-protected classes, the Ohio Fair Housing Law (Ohio Revised Code Section 4112) includes legal protection based on ancestry and military status. Department of Housing and Urban Development): Call: 1-800-669-9777 (Toll-Free). What counts as discrimination in regards to the classes listed above?

Real Estate 138

Real Estate Law Landlords Property Management 138

Zillow

JULY 2, 2018

According to the National Fair Housing Alliance (NFHA), over 25,000 housing discrimination complaints were filed with the federal government and local and national fair housing agencies in 2017. File a report: File a complaint with the Department of Housing and Urban Development (HUD) at HUD.gov.

Landlords 58

Landlords Real Estate Agent Advertising Property Management 58

Housing Wire

MARCH 15, 2022

A recent judge’s ruling in pending litigation involving student-loan securitization trusts could have far-reaching legal and financial implications for the private-label securities market. The CFPB sued the student loan trusts in 2017, claiming they engaged in prohibited debt-collection and litigation practices.

Legal 468

Legal Investors Law Finance 468

Housing Wire

MAY 6, 2022

District Court judge in Wilmington, Delaware, put the structured-finance industry on high alert because of the serious legal and financial implications it poses for the private-label securities (PLS) market. SFA will continue its advocacy on the matter and closely monitor any developments in the case. A ruling late last year by a U.S.

Legal 448

Legal Finance Construction Investors 448

Housing Wire

JANUARY 30, 2024

In 2017, the broker, along with David Barnes, James Harris and Christopher Dyson, founded The PLS.com , a national home listing site. You have to develop a great culture in order to have a great organization. The Agency founder Mauricio Umansky has never been shy about pushing the envelope. Does that mean it should be uncoupled?

Agents 435

Agents Real Estate Realtors Real Estate Agent 435

Housing Wire

JULY 8, 2022

Accordingly, in January, 2021, the CFPB issued guiding principles for servicing LEP customers and guidelines for implementing those principles and developing compliance management solutions. The statement further offered lenders and servicers guidance for mitigating ECOA, UDAAP and other legal risks.

Advertising 418

Advertising Law Contracts Government 418

Housing Wire

NOVEMBER 12, 2020

Just before Cordray stepped down in November 2017, he promoted English from chief of staff to deputy director, positioning her to take over as acting director upon Cordray’s departure. That set off a legal battle over who was really in charge of the CFPB, and U.S. .; Department of Housing and Urban Development. and Catherine T.

Development 482

Development Legal Law Lending 482

Housing Wire

JUNE 25, 2021

Department of Housing and Urban Development published a proposal to the Federal Register on Friday that would rescind the department’s 2020 disparate impact rule and restore the 2013 discriminatory effects rule. ” Prior to the effective date of the 2020 rule, the U.S. The use of disparate impact was challenged all the way up to the U.S.

Legal 480

Legal Housing Market Landlords Development 480

Housing Wire

JANUARY 21, 2025

The freeze mirrors the one issued at the start of Trumps first presidential term in 2017 and a similar move that former President Barack Obama ordered in January 2009 for pending regulations from the George W. It compared the current freeze to the one in 2017. The rest of them did not survive legal challenges.

Housing Market 281

Housing Market Marketing Legal Development 281

Housing Wire

FEBRUARY 10, 2021

By 2017, the Trump administration, via the Department of the Treasury , called on HUD to reconsider how it used the disparate impact rule. However, after the controversial changes were issued in 2020, a federal judge delivered a preliminary injunction in October to stop HUD from implementing the rule until the legal challenge was resolved.

Landlords 501

Landlords Legal Housing Market Development 501

Housing Wire

JANUARY 23, 2024

Department of Housing and Urban Development (HUD) may not be in office should the suit progress to trial sometime next year. Incumbent Ginnie Mae President Alanna McCargo is the first Senate-confirmed Ginnie Mae president since Ted Tozer’s resignation in 2017, who served in the entirety of the Obama administration.

Government 448

Government Development Mortgage Legal 448

Housing Wire

SEPTEMBER 13, 2024

Allies of former President Donald Trump are developing plans to move government-sponsored enterprises Fannie Mae and Freddie Mac out of federal conservatorship, a long-sought goal of certain politicians and a move that would have a notable impact on the mortgage finance industry. the Journal stated.

Government 444

Government Finance Legal Housing Market 444

Housing Wire

FEBRUARY 7, 2022

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. “The point is that [FHA] is a durable program,” said Edward Golding, who led FHA from 2015 to 2017. ” Building blocks, stumbling blocks.

Modernization 370

Modernization Insurance Lending Mortgage 370

Housing Wire

NOVEMBER 6, 2024

Though his 2017 tax cuts will likely be renewed, Trump said little about housing during his campaign and often tied questions about housing to immigration, claiming that immigration has made housing more expensive in America. However, plans are already in the development stages. He put the odds of it happening in 2027.

Mortgage 435

Mortgage Government Retail Finance 435