Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

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Housing Wire

JANUARY 9, 2025

California law generally prohibits charging a price that exceeds, by more than 10%, the price a seller charged for an item before a state or local declaration of emergency, the alert stated. This law applies to those who sell food, emergency supplies, medical supplies, building materials, and gasoline.

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Housing Wire

MAY 6, 2024

and the Fair Housing Center of the Greater Palm Beaches , have filed a lawsuit that contends Florida Housing Law Senate Bill 264 violates the federal Fair Housing Act. We alleged that the law denies access to housing to people from China and these other countries. The suit was filed on Monday in U.S. District Court in Miami.

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Housing Wire

JANUARY 17, 2025

Department of Housing and Urban Development (HUD) Inspector General Rae Oliver Davis , Illinois Attorney General Kwame Raoul, and Douglas DePodesta, special agent in charge of the Chicago field office of the FBI. He was sentenced to 205 months in prison by district court Judge Franklin Valderrama, who also ordered Diamond to pay $2.7

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Housing Wire

NOVEMBER 29, 2024

StorageCafe describes this discrepancy as the “missing middle,” and analysts blame zoning laws and rising construction costs. Rising construction costs for materials and labor make building middle-income housing less profitable for developers, while limited land availability in urban areas adds to the challenge.“

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Housing Wire

APRIL 24, 2023

In particular, provisions in the bill state that the zoning rules already established by homeowners associations (HOAs) and other “common interest communities” cannot be superseded by the new bill once it becomes law. Lead bill sponsor Rep. ADUs have seen an increase in demand across many areas in the nation, including Washington state.

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Housing Wire

JANUARY 15, 2025

Department of Housing and Urban Development (HUD) assistance is poised to lose his benefits on Jan. Federal classification While laws across several U.S. HCVs in legal-cannabis states In states with more permissive marijuana laws, like Washington and Colorado , housing agencies take a more nuanced approach.

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Housing Wire

AUGUST 4, 2023

A new affordable housing law passed by Florida’s legislature and signed in March by Gov. Ron DeSantis is reportedly creating anxiety among local elected officials who are concerned that the new law cedes too much control over zoning and other matters to the state government. The process has gone more smoothly in St.

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Appraisal Buzz

JANUARY 6, 2025

Department of Housing and Urban Development (HUD) granted $40 million in funding to 21 recipients to support housing stability and prevent evictions and homelessness. Every year, millions of people experience eviction, either through official court procedures or through evictions that take place outside of the law.

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Housing Wire

AUGUST 7, 2023

Encinal Terminals, a 32-acre plot of land that formerly operated as a shipping terminal on the north side of Alameda, California, will be developed into a new housing development in an effort to bolster the supply of one of the most expensive areas in the country. Newsom signed the bill into law on July 27.

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Housing Wire

JUNE 5, 2023

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. However, the debate in Newton could be more contentious than in other parts of the state, according to the Globe.

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Housing Wire

JANUARY 27, 2025

Department of Housing and Urban Development (HUD)-certified housing counseling agency prior to the loans origination. But right now, some home equity contract companies say that they dont have to follow those laws, the bureau said in a rundown of its recent HEI activity.

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Housing Wire

JANUARY 9, 2025

Allowing free-range zoning will not let you get the home you want, council member Cathy Moore said, adding that additional density would not necessarily translate into increased affordability , and that townhomes could be akin to giveaways for developers, according to the reporting.

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Appraisal Buzz

DECEMBER 12, 2024

shared housing declined over the past 70 years due to increasingly restrictive zoning laws. Now, states are reversing this trend with laws that foster affordability and new housing models. These laws mirror Oregons 2023 legislation supporting microunits. 1042, a 2023 law permitting office-to-residential conversions statewide.

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Housing Wire

MARCH 20, 2025

State compliance frameworks coupled with state-level consumer protection laws will remain in effect, and servicers must navigate evolving regulatory landscapes to ensure uninterrupted service. Even though there is uncertainty relative to future federal enforcement, servicers must still uphold their contractual obligations.

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Housing Wire

OCTOBER 15, 2024

Congress must pass the NDAA each year, since it refers to laws that specify the annual budget for the U.S. Bob Broeksmit, president and CEO of the MBA, said his group is pleased with the development. Department of Defense.

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Housing Wire

MARCH 3, 2025

The summary would provide notice of mortgagors right and responsibilities under reverse mortgage loans issued under the [HECM] program of the federal Department of Housing and Urban Development (HUD). When you propose a state law that could make the transaction null and void because of a disclosure, then that’s a problem, he said.

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Housing Wire

FEBRUARY 28, 2025

My first inclination was to go to my father-in-law’s house because he lived closer to Malibu, and I thought we’d just bring him to our house. I work with different designers and I do development as well. We were all sitting around, and I remember, it’s one of those things like, “Where were you on Sept.

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Housing Wire

DECEMBER 5, 2024

Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the company accountable for the actions of an independent appraiser in a 2021 case. It also offered a path to challenge the appraisal mentioned in the lawsuit through a value reconsideration process which complies with the law.

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Housing Wire

JANUARY 8, 2025

I’m calling developers asking about vacancies to see if we can figure out some short-term rentals to house people,” he said. While California law does not require homeowners to have fire insurance, most mortgage lenders do. . “We’ve got clients calling us frantically looking for leases.

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Appraisal Buzz

MARCH 5, 2025

A graduate of the Pennsylvania State University, he obtained his law degree from Widener University, with honors, where he served as Internal Managing Editor of the Law Review. Q: How do you foresee changes in default servicing evolving over the next few years, especially with shifting economic conditions and regulatory developments?

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Housing Wire

MAY 24, 2024

Department of Housing and Urban Development (HUD) on Friday announced the availability of $26 million in funding to be distributed to state and local housing agencies to enforce fair housing practices and to combat discrimination. A full list of FHAP agencies can be viewed on HUD’s website.

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Housing Wire

APRIL 26, 2024

Department of Housing and Urban Development (HUD) and the U.S. This fulfills a requirement laid out in a 2007 law that directs the departments to adopt the most recently published energy-efficiency standards following reviews by the U.S. The Energy Independence and Security Act of 2007, signed into law by President George W.

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Housing Wire

OCTOBER 2, 2024

As part of the broader community operating within the service area of the Massachusetts Bay Transportation Authority (MBTA), the affluent Boston suburb of Milton — with a population of roughly 29,000 people — was directed to comply with a new state law requiring the construction of new multifamily housing units in areas served by public transit.

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Appraisal Buzz

OCTOBER 29, 2024

The Asian Americans for Equality (AAFE) community development organization also supports ADU renovations through its Landlord Repair Fund, helping to bring non-compliant ADUs up to code and ensure safety for residents. These apartments provide affordable housing options in high-density areas where space is limited.

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Housing Wire

JANUARY 21, 2025

The program, which is led by adjunct professor Debbie Hoffman a visiting assistant professor at the Cleveland State University College of Law offers a three-credit undergraduate course on residential mortgage origination and processing. The industry is getting the talent developments and potential new students to enter their workforce.

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Housing Wire

JUNE 6, 2024

A private planning firm in California is launching a new tool to help local governments there prepare for a pending law designed to spur more construction of accessory dwelling units (ADUs). All California municipalities are mandated by state law to have a preapproval process for ADU plans by Jan.

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Housing Wire

FEBRUARY 26, 2024

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return.

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Housing Wire

MARCH 5, 2025

I’m going to start by making Rate the absolutely best place for every single loan officer to work at figuring out ways in which we can develop them, give them all the skills, the coaching , the mentoring and the tools, so they can have an amazing business, but also better serve all their clients and all their partners.

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Appraisal Buzz

OCTOBER 8, 2024

Legal League , the premier professional association of financial services law firms in the U.S. Anthony Van Ness , Founder and Managing Partner of Van Ness Law Firm, and Roy Diaz , Managing Shareholder of Diaz Anselmo & Associates PA have been reelected to the Legal League’s Advisory Council.

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Appraisal Buzz

DECEMBER 11, 2024

Creative Housing Solutions: As demonstrated by Californias recent law relaxing local limitations, remove obstacles to the development of Accessory Dwelling Units (ADUs) to give older folks more flexible housing options. Inclusive Zoning: The bipartisan Yes In My Backyard Act (S.1688 1688 / H.R.

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Housing Wire

AUGUST 21, 2024

A CFPB order issued on Wednesday mentions violations of mortgage servicing laws and of a previous 2017 order that addresses the same issue. Fay Servicing “failed to implement the 2017 measures and continued to break the law,” the CFPB claims. The CFPB’s order will put the CEO’s pay at risk if Fay continues to break the law.”

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Appraisal Buzz

DECEMBER 11, 2024

These steep prices are often felt the most in large metros, where strict zoning laws can make new construction difficult and exacerbate supply issues. Wealthy buyers who buy these high-end properties arent going away, nor are the developers who create them. e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,”script”,”infogram-async”,”[link]

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Housing Wire

FEBRUARY 7, 2024

In addition to the Lincoln Institute of Land Policy, the coalition includes groups like Enterprise Community Partners , NeighborWorks America , the National Housing Conference (NHC), the National Consumer Law Center (NCLC) and the National Community Stabilization Trust (NCST).

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Housing Wire

MAY 3, 2024

A bill that will permanently allow for remote reverse mortgage counseling via telephone or video conferencing services in the state of Massachusetts has been signed into law by Gov. Department of Housing and Urban Development (HUD)-approved reverse mortgage counselors being active in the state, among other issues. Massachusetts Rep.

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Appraisal Buzz

AUGUST 16, 2024

Kahane & Associates PA is a full-service law firm based in Sunrise, Florida, that represents secured and unsecured creditors and provides a full range of legal industry, from foreclosure and bankruptcy representation to litigation, evictions, collections, loss mitigation, and REO closings.

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Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said. The National Consumer Law Center (NCLC) quickly lauded the development, according to an announcement issued by the organization.

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