Development Government Legal Fees 
Housing Wire
DECEMBER 16, 2022
There are also strict guidelines for the way title and settlement fees are disclosed to consumers and when changed circumstances allow for alterations to the disclosures. ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015.
Housing Wire
APRIL 12, 2022
To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. These bureaucratic barriers burden developers with direct and indirect costs.
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Appraisal Buzz
MAY 6, 2024
Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. ICON, an Austin based firm, has developed a 3D printed wall system.
Housing Wire
APRIL 6, 2021
Elaine Marshall, North Carolina Secretary of State, described it as a “win-win-win for home buyers, the business sector and the government sector in making the mortgage closing process less time consuming, less stressful, and even more secure.” Full e-Closings reduce the use of paper, legal fees, mailing and courier costs.
Appraisal Buzz
AUGUST 23, 2024
Factually, a group of entities known as “Fendee” built a housing development that included a homeowner’s association. The governing documents for the association were recorded in 2013. Of importance in this matter, pursuant to the governing documents, monthly assessment payments were due on the tenth of each month.
Housing Wire
OCTOBER 13, 2022
Since the government sponsored entity’s announcement, the American Land Title Association has taken a strong stance against AOLs and other title insurance alternatives. Aside from the financial burden AOLs could pose for homeowners, ALTA also takes issue with the numerous coverage gaps, especially when it comes to issues of forgery and fraud.
Housing Wire
DECEMBER 13, 2024
The cost of a bad hand When selling a loan, lenders provide legal assurances to the government-sponsored enterprises ( GSE s) that guarantee the accuracy and completeness of the loan data, known as representations and warranties. Despite these developments, buyback costs remain a pressing problem for many lenders.
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