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Judge overseeing Moehrl, Batton suits recuses herself over possible conflict of interest

Housing Wire

district court judge said that it had recently come to her attention that the spouse of a person related to her within the third degree of relationship is a partner at a law firm that represents a defendant in the suits. In the filing, the Chicago -based U.S. Due to this, she was recusing herself. “My

Law 459
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Success Mortgage CEO nominated as MBA vice chairman

Housing Wire

MBA bylaws dictate that Lee is expected to become chairman-elect after serving one year in his vice chairman role and would become chairman in 2027. Lee obtained a law degree from Michigan State University and is affiliated with the state bar associations of Michigan and Massachusetts.

Mortgage 448
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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

Described as a “blueprint” for the GSEs’ 2025–2027 “Duty to Serve” plans, the publication aims to highlight a more important role that Fannie and Freddie are set to play in facilitating access to the U.S. mortgage finance system.

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Watchdog says HUD has struggled to prevent ‘improper payments’ for 11 years

Housing Wire

The OIG advised HUD leadership to “address the Department’s longstanding challenges with identifying and preventing improper payments,” and that HUD “has been noncompliant with federal laws requiring agencies and departments to identify, report, and mitigate improper or unknown payments in their programs.”

Law 435
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Apartment Construction Projected to Reach Historic Highs in 2024

Appraisal Buzz

Regional variations in apartment development can be attributed to a number of variables, including demand, local laws, climate, and economic conditions. All things considered, this significant decline in starts in every region paves the way for a significantly altered industry trajectory by 2026 and 2027.”

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The crypto-mortgage is the new kid on the block

Housing Wire

trillion and is projected to exceed $32 trillion in value by 2027. law for determining if an instrument is a security focuses on whether it can be deemed a passive-income investment vehicle — in which investor return is dependent on the efforts of others to increase value. Facebook is now approaching 3 billion users worldwide.

Mortgage 476
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Navigating Carbon-Free Living: Insights for King County Residents

Will Springer Realtor

The new law pushes major utilities like Puget Sound Energy to ease from promoting natural gas options in the home, consolidating a major utility’s electric and gas business by 2027 and no longer supporting gas-powered heat pumps by 2031. Washington has about 2.9M households, of which 1.2M use natural gas, a fossil fuel.

Law 61