Housing Wire

JANUARY 22, 2025

Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) back in June over an allegedly biased valuation of a home in Denver. In December, Rocket sued HUD over the charge, saying it was not accountable for an appraiser’s actions given the arms-length requirement of the law.

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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

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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Appraisal Buzz

OCTOBER 15, 2024

Navigating Mortgage Law: Insights with Stephen Hladik from Hladik Onorato & Federman In this episode of the MP Access Show, we’re thrilled to welcome Stephen Hladik, a Partner at Hladik Onorato & Federman, LLP, and a highly respected expert in mortgage foreclosure, bankruptcy, and lending law compliance.

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Housing Wire

OCTOBER 21, 2024

Department of Housing and Urban Development (HUD) in July—filed a lawsuit against the lender, appraiser Maksym Mykhailyna and his company, Maverick Appraisal Group , and the appraisal management company Solidifi U.S. And the Detroit-based lender believes it’s a “massive overreach.” ” On Monday, the U.S.

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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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Housing Wire

NOVEMBER 11, 2024

In 2024 alone, Colorado, Arizona, Massachusetts, and Hawaii passed major ADU legislation, and California added several laws to open the doors wider for ADU s. While state-level ADU policies take aim at local rules that hamper ADU development, there’s still work to be done. But first, the good news.

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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

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

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

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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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 19, 2024

Legal League is a professional association of financial services law firms spread out across the U.S. Legal League members provide a clear view of the legal landscape and the expertise to navigate it, committed to supporting its membership through education, communication, relationship development, and advisory services. Hladik Esq.

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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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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

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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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

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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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 21, 2022

Perry said that despite statements from banking regulatory agencies, the Federal Housing Finance Agency , the Department of Housing and Urban Development and the Consumer Financial Protection Bureau to reassure lenders that targeted lending programs do not violate fair lending laws, mortgage lenders remain hesitant.

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Housing Wire

JULY 12, 2024

Win for Nutter The law firm Alston & Bird , who is defending Nutter in the case, secured a partial summary judgment in favor of the company. Proximate cause” is a way to determine the most direct cause of harm or violation of law. 9 — the defense is encouraged by this development.

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Housing Wire

MAY 21, 2024

Rocket Mortgage has entered into a settlement agreement with a group of current and former employees who have alleged the company did not provide sufficient overtime pay, according to court documents reviewed by HousingWire and reporting at Bloomberg Law. In a case filed in January 2023 in the U.S. Nearly 30% of the $3.5

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Housing Wire

JUNE 14, 2024

Department of Housing and Urban Development (HUD) on Friday announced a final rule designed to expand support for housing counseling services within Native American tribal communities. HUD developed the new rule in concert with multiple tribal consultation and listening sessions, it explained. Last month, HUD announced $1.1

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Housing Wire

NOVEMBER 21, 2023

California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus.

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Housing Wire

MAY 21, 2024

In a news release, Zillow explained that artificial intelligence (AI) tools often fail to account for the myriad requirements of fair housing laws. The AI technology can identify cases of noncompliance with equal housing laws when it is given a question or answer. System developers have the ability to intervene in these cases. “In

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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

JANUARY 26, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper payments” related to its programs for 11 consecutive years. billion in FY16 to $45.3 billion in FY23, which is 67.5%

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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

JUNE 12, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), and other concerns about the public disclosure of information the company wishes to keep confidential. The law enforcement privilege protects against the disclosure of such non-public methods. District Court for the Northern District of Texas.

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Appraisal Buzz

JULY 15, 2024

“The continued increase in reports of housing discrimination means lawmakers are simply not doing enough to provide adequate resources for the organizations serving on the frontlines educating the public about fair housing laws and helping individuals and families when crucial civil rights laws are broken,” said Lisa Rice, NFHA’s President and CEO.

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Housing Wire

DECEMBER 7, 2021

The Department of Housing and Urban Development (HUD) on Tuesday resolved uncertainty around special purpose credit programs, 45 years after Congress allowed lenders to tailor products to groups that have historically been excluded from homeownership. It’s already allowable under the law. Regulators are comfortable with it.

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Housing Wire

FEBRUARY 23, 2024

Department of Housing and Urban Development (HUD) on Friday announced a series of funding opportunities totaling roughly $3.86 said Solomon Greene, principal deputy assistant secretary for policy development and research at HUD. “We

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Housing Wire

MAY 20, 2024

But I do hear constantly the ways to which there are creative paths to sidestep the law. The agency’s court victory means it will resume going after “scam artists“ and others who break the law. “I It’s on our radar and we’re happy to work with you to figure out what’s the best way.“

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Housing Wire

APRIL 29, 2024

Department of Housing and Urban Development (HUD) and the U.S. Nine groups released a joint statement and a series of individual perspectives to voice support for the move — including the American Council for an Energy-Efficient Economy (ACEEE), the Housing Assistance Council (HAC), the National Consumer Law Center (NCLC) and the U.S.

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Housing Wire

OCTOBER 10, 2024

Roberto Porras, a recent law school graduate, will also join after passing the New York bar. “In She’s developed a well-earned reputation for consistently applying strategy to elevate the service she provides her clients. All four joined from New York law firm Carlton Field s. She’ll work out of the Washington, D.C.

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Housing Wire

DECEMBER 5, 2023

The lawsuit, filed in the Fourth Judicial Circuit Court in and for Duval County, Florida, sought $340 million in damages and injunctive relief under the Florida Uniform Trade Secrets Act and declaratory judgment of ownership of all intellectual property and software developed by or on behalf of Pennymac. per share.

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