Housing Wire

JANUARY 11, 2024

District Court for the Northern District of Texas , Ginnie Mae has filed its response to a lawsuit brought against it by Texas Capital Bank (TCB) saying the warehouse lender lacks standing and discounts the authority the government has to extinguish a lender from its reverse mortgage-backed securities program.

Lending 366

Lending Government Legal Law 366

Housing Wire

JUNE 13, 2024

In an analysis of more than 100 real estate wire fraud cases, CertifID found that the most common wire fraud-related legal liability issues for real estate firms are negligence, breach of contract, deceptive business practices and breach of fiduciary duty. As a custodian of funds, you are in a position of trust and knowledge.

Real Estate 384

Real Estate Insurance Legal Training 384

Housing Wire

NOVEMBER 18, 2022

This article addresses two legal issues relevant to the review: FHFA’s statutory authority to reduce the number of Federal Home Loan Banks, and The application of the FHLBank statutory “super lien”. This provision may be challenged by the affected FHLBank under legal process.

Legal 272

Legal Law Insurance Finance 272

Housing Wire

OCTOBER 28, 2024

While Monestier, who reportedly sold her Rhode Island home in 2022 and is part of the affected class, believes sellers were paying “inflated commissions,” she feels that prior to the settlement changes going into effect, the rules governing the industry were “clear and confusion did not reign supreme.” Following the Aug.

Business 410

Business Sellers Realtors Buyers 410

Housing Wire

AUGUST 2, 2024

CoreLogic ensures that its data is used under the proper legal contracts and obligations. CoreLogic relies on an internal governance structure to guide its use of AI solutions based on what happens in the larger regulatory market. Risk factors. From there, Wheeler segues into AI cybersecurity.

Real Estate 379

Real Estate Clients Tools Development 379

Housing Wire

DECEMBER 9, 2020

Mnuchin , have raised a $124 billion claim against the federal government, essentially arguing that the FHFA, which was created in the wake of the 2008 housing crash, acted illegally when it took several actions to prevent Fannie and Freddie from collapsing. Because an acting director doesn’t have 10 years to begin with.”.

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Government Legal Investing Law 354

Housing Wire

JUNE 17, 2024

Department of Housing and Urban Development (HUD) submitted a motion to change the court venue where a case with Texas Capital Bank (TCB) is taking place, arguing that a contract clause has been violated by TCB’s choice to file the case in Amarillo, Texas, as opposed to Dallas. The government made the filing Saturday, June 15.

Government 338

Government Mortgage Law Contracts 338

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.

Valuation 360

Valuation Contracts Appraisal Legal 360

Housing Wire

SEPTEMBER 23, 2022

A former assistant inspector general for the Department of Housing and Urban Development (HUD) has been convicted by a federal jury of concealing efforts to direct tens of millions of dollars in government business to a friend and government contractor to whom he owed money.

Government 316

Government Contracts Development Technology 316

Housing Wire

JANUARY 18, 2024

Settlor is a spin-off of Land Title Guarantee Company , but Qualia noted in its complaint that it is still investigating how much governance and oversight the title firm has over its title production software startup. In the complaint, Qualia states that is reached out to Myers on Sept.

Contracts 371

Contracts Government Business Marketing 371

Housing Wire

FEBRUARY 22, 2024

This way it is all part of the sales contract, and the buyer doesn’t have to come out of pocket to actually pay the broker, just like it is today,” Tozer said. “In As Tozer sees it, this enables buyers and sellers to negotiate their agent’s compensation independently before coming together to negotiate the sale of a house.

Sellers 424

Sellers Buyers Real Estate Agents 424

Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

Real Estate 318

Real Estate Contracts Law Real Estate Agent 318

Housing Wire

FEBRUARY 16, 2024

The DOJ also noted that this type of conditional offer is permitted under federal government lending programs, thus requiring no changes to lending regulations. Originally filed in 2020 in U.S.

Sellers 435

Sellers Buyers Real Estate Contracts 435

Housing Wire

JULY 1, 2024

The suit alleges that the government-owned company “extinguished, in return for no consideration, TCB’s first priority lien on tens of millions of dollars in collateral” stemming from the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) program.

Government 287

Government Contracts Mortgage Development 287

Housing Wire

MARCH 22, 2021

With that announcement came a modification to the UWM-broker contract, making note of significant financial penalties for violating this new policy. I discerned, frankly, that these companies all had good legal counsel and would address their reply to this very unusual policy proclamation in their own way. I was astonished, frankly.

Business 539

Business Retail Mortgage Lending 539

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

DECEMBER 21, 2020

The trade organization announced Elizabeth Blosser as its new vice president of government affairs. This year, he has also been driving ALTA’s internal legal efforts regarding the SECURE Notarization Act while overseeing the Title Insurance Political Action Committee and its regulatory efforts.

Insurance 226

Insurance Government Advertising Legal 226

Housing Wire

MAY 13, 2024

The groups also request “sufficient data to evaluate the impact” of the new representative score calculations, as well as “sufficient detail” to evaluate the accuracy “and fair lending analysis” of bi-merge combinations.

Legal 340

Legal Mortgage Contracts Insurance 340

Housing Wire

DECEMBER 20, 2023

It’s the ultimate in legalized fraud. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender.

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Loan Officers Clients Law Legal 445

Realtor

OCTOBER 29, 2020

You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. A copy of your contract with the seller.

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Buyers Inspection Contracts Real Estate Agent 208

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 305

Lending Technology Tools Loan Officers 305

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 402

Real Estate Insurance Law Real Estate Agent 402

Housing Wire

MAY 6, 2024

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

Law 292

Law Real Estate Real Property Contracts 292

The Robert Weiler Company

SEPTEMBER 19, 2022

A simple conservation easement definition is a legal contract to protect private land, permanently. When an Ohio landowner or investor decides to preserve their property, they likely turn to a conservation organization such as a state government agency or land trust. Legally Binding. Land Trusts.

Easement 148

Easement Legal Government Contracts 148

Appraisal Buzz

JUNE 7, 2024

Prior to his government service, Chopra worked at McKinsey & Company, the global management consultancy, where he worked in the financial services, health care, and consumer technology sectors. Chopra previously served at the CFPB from 2010-2015.

Contracts 195

Contracts Insurance Legal Business 195

Appraisal Buzz

JUNE 21, 2024

The servicing industry has seen multiple policy updates in the last several months, with potentially more on the way between now and the end of the year, as the GSEs and government agencies manage both post-COVID workouts, and questions about supporting housing affordability given the current economic environment.

Law 195

Law Property Management Legal Technology 195

Housing Wire

SEPTEMBER 7, 2023

“The buyers want the listing brokers to pay their buyer representative so they can have the most money invested in their down payment and get the best loan terms and rates possible,” Katie Johnson , NAR’s chief legal officer, said. I think listing agents are going to win. Fannie Mae, Freddie Mac and the U.S.

Buyers 370

Buyers Agents Loan Officers Real Estate 370

Housing Wire

JULY 12, 2022

Starting in July, the government-sponsored enterprise will allow remote inspections on some refinance loans it buys. A certification lightens the legal liability of bias. The seller accepts it; they go into contract. After all, it wasn’t so long ago appraisers received assignments via fax machine. An offer comes in at 5 p.m.

Appraisal 411

Appraisal Inspection Real Estate Agent Training 411

Housing Wire

OCTOBER 22, 2023

You’ll need to enroll in and complete the following TREC-approved, qualifying real estate courses: Principles of Real Estate I Principles of Real Estate II Law of Agency Law of Contracts Promulgated Contract Forms Real Estate Finance Each course is 30 classroom hours, for a total of 180 hours. Department of State driver’s license U.S.

Real Estate 348

Real Estate Real Estate Agent Agents Brokerage 348

Cleveland Appraisal Blog

JUNE 18, 2022

Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S. USPAP and the Contract – Tim Andersen, The Appraiser’s Advocate Podcast. Constitution, a clause which requires that just compensation be paid.

Appraisal 309

Appraisal Law Development Valuation 309

Miller Samuel

MARCH 19, 2019

The shift in New York State and New York City government sentiment against real estate development began with the following recent events: November: The introduction of the Amazon HQ2 deal in Long Island City. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract).

Real Estate 370

Real Estate Law Development Investors 370

Birmingham Appraisal

DECEMBER 17, 2024

Tip for Agents: Double-check the property address before submitting it to the appraiser, ensuring it matches all marketing materials and legal documents. Accurate Legal Description Why It Matters: The legal description uniquely identifies the property in question, often including lot boundaries, subdivision details, and specific measurements.

Appraisal 74

Appraisal Easement Real Estate Agent Valuation 74

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. government-issued alien registration card U.S. government-issued military identification card U.S.

Real Estate 360

Real Estate Real Estate Agent Brokerage Agents 360

Housing Wire

AUGUST 31, 2022

After two record-setting years of mortgage origination volume, the mortgage industry is contracting, sharply. 2] The CES survey is conducted monthly and based on approximately 131,000 businesses and government agencies representing approximately 670,000 individual worksites throughout the United States.

Lending 387

Lending Mortgage Real Estate Loan Officers 387

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

Renovations 270

Renovations Investing Real Estate Marketing 270

Empire Appraisal Group

MAY 20, 2021

If an association board still wanted to require such vaccine passports, we would suggest that it would need to at a minimum amend its governing documents, with a full vote of the membership in the community, as a board vote would have to be “reasonable” and many would consider such a passport requirement as unreasonable.

HOA 78

HOA Easement Tenants Law 78

The Robert Weiler Company

SEPTEMBER 16, 2021

The two main reasons behind obtaining a commercial real estate appraisal are buying and selling commercial property and legal governance. Independent and not contracted with any third party, institution, or broker. Understanding the Process for Appraising Commercial Real Estate. o Federal Housing Authority (FHA).

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147