Housing Wire

JUNE 3, 2024

When California legislators voted in 2021 to eliminate zoning laws that require neighborhoods to have only single-family homes, supporters and detractors alike fiercely argued that it would have a big impact.

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Housing Wire

OCTOBER 21, 2024

Under federal law, mortgage lenders are required to work at arm’s length during the appraisal process, partnering with independent appraisal management companies who assign the work to state-licensed professional appraisers,” a spokesperson for Rocket told HousingWire.

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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. Managing Attorney with IDEA Law Group LLC, and Chair of Legal Leagues SIWG; Michelle Garcia Gilbert Esq. Founder and Managing Attorney with Van Ness Law Firm PLC, and SIWG Member. Hladik Esq. Anthony Van Ness Esq.

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Housing Wire

JANUARY 22, 2025

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. and Rocket Mortgage of discrimination under the Fair Housing Act.

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Real Estate News

MARCH 21, 2025

Buyer agreements are a good thing, Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.

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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

OCTOBER 21, 2024

District Court in Pennsylvania claiming that NAR, the Pennsylvania Association of Realtors (PAR) and the Greater Lehigh Valley MLS (GLVMLS) have violated federal civil rights statutes, engaged in unlawful discriminatory practices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

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Housing Wire

JANUARY 15, 2025

Federal classification While laws across several U.S. But Elkhart Housing Authority executive director Angelia Washington said her organization is required to stand by Indianas [state] laws on marijuana, and that the agencys policy is to revoke benefits if someone admits to using illegal drugs, according to the reporting.

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Housing Wire

FEBRUARY 3, 2025

After the company failed to have new council file an appearance, the court dismissed EasyKnocks defamation lawsuit against law firm Feldman & Feldman last Monday. According to Feldman & Feldman, EasyKnocks defamation suit forced the law firm to withdraw from the truth in lending suits it was involved in.

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Housing Wire

JANUARY 7, 2025

When consumers disputed errors on their credit reports , Experian conducted sham investigations rather than properly reviewing the disputes as required by federal law, CFPB Director Rohit Chopra said in a statement. Experian representatives did not immediately respond to HousingWire s request for comment.

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Appraisal Buzz

DECEMBER 6, 2024

This data underscores the financial viability of manufactured housing, which has historically faced negative perceptions and restrictive zoning laws. The analysis highlights how outdated zoning laws and negative stereotypes continue to hinder the potential of manufactured homes as an affordable option.

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Housing Wire

JANUARY 17, 2025

We will continue to work with our law enforcement partners to hold accountable anyone who seeks to deceive elderly homeowners through fraud. These egregious criminal acts will not be tolerated, and my agency will continue to work with our law enforcement partners to hold other individuals like Diamond accountable for their actions.

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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. .” Nationally, middle housing grew by 11.3% from 2005 to 2023 — the lowest inventory increase among all property types.

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Housing Wire

JANUARY 27, 2025

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. Another contract provider, Unison , states that its product is not a reverse mortgage under the definitions of state law.

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Housing Wire

NOVEMBER 18, 2024

NAR could be running afoul of tax law given that it is a nonprofit trade association, the report claimed. “It Many of us who practice association antitrust law have always wondered, ‘How can they get away with this?’” told the Times.

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Housing Wire

MARCH 17, 2025

TCB essentially seeks reconsideration without submitting to the strict standard applicable to motions for reconsideration, while attempting to supplement the record with an opinion on a pure question of law, the government contends.

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Housing Wire

MARCH 4, 2025

Under current state law, real estate professionals must provide clients with a written disclosure for describing the types of brokerage services, as required by the states Real Estate Consumers Agency and Disclosure Act (RECAD), prior to a consumer disclosing any confidential information.

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Housing Wire

NOVEMBER 4, 2024

Plaintiffs also assert a common law ’conspiracy’ claim but fail to allege an underlying tort, which is essential to a civil conspiracy claim. Finally, Plaintiffs allege a separate tort — economic coercion — that does not exist under Michigan law.”

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Housing Wire

JANUARY 28, 2025

Nationstar Mortgage currently doing business as Mr. Cooper has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure. million in payments to eligible borrowers.

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Housing Wire

JANUARY 9, 2025

RLTYco was founded in 2021 by Related Companies veteran Briggs Elwell and Daniel Kennedy, managing partner of Kennedy Luce LLC, a law firm in Connecticut. Were continually impressed by the companys strategic vision, educational approach to holistic business health for independent contractors and are eager for this next chapter.

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Housing Wire

JANUARY 21, 2025

In the fallout of the sentencing, an organization in Illinois is seeking to codify a home preservation program for seniors into state law, according to reporting by CBS News. Those who became wrapped up in the web of Diamonds alleged scheme hope to see the measure become law. I dont believe he has any remorse.

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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 3, 2025

But the existing disclosures required under federal and state laws already serve to overwhelm reverse mortgage clients, the letter stated, and state-level code already requires numerous reverse mortgage disclosures to borrowers in New York. New York state has passed at least two consequential reverse mortgage laws in recent years.

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Housing Wire

MARCH 17, 2025

The attorney general is claiming that the defendants have violated the Pennsylvania Unfair Trade Practices and Consumer Protection Law, and the Consumer Financial Protection Act (CFPA) due to alleged violations of Section X of RESPA. As a result, their claims are not only unmoored from what the law actually prohibits, but expressly permitted!

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Housing Wire

JANUARY 28, 2025

property rights are established under state rather than federal law, making the shift to a centralized, national land registration system unworkable without a significant rewrite of private property law. The advantage of this system of local property records is that it keeps the claims to ownership close to the property itself.

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Housing Wire

OCTOBER 18, 2024

The law also requires buildings to complete a structural integrity reserve study that will assess how much work needs to be done. Following the Surfside condo collapse in 2021 that killed 98 people, Florida lawmakers passed the Condo Safety Act , requiring condo associations to modernize buildings that had pushed off critical work for years.

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Housing Wire

JANUARY 22, 2025

Discrimination against voucher holders is not just a violation of the law its a barrier that keeps families in Illinois from accessing stable and affordable housing, Joshua Murillo, HRI’s deputy executive director, said in a statement.

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Housing Wire

MARCH 3, 2025

Marx Stercow, the managing attorney at Sterbcow Law Group , agrees that agents and brokers need to be mindful of what they tell consumers about private listing networks. Jerrold Bregman, a partner at BG Law , shares a similar view. And these brokers dont trust NAR that much anymore.

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Housing Wire

DECEMBER 18, 2024

Originally filed in October by Maurice Muhammad, a broker at Progressive Realty , the suit claims that NAR, along with other Realtor associations and executives, have violated federal civil rights statutes, engaged in unlawfuldiscriminatorypractices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

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Housing Wire

DECEMBER 2, 2024

These include laws “prohibiting apartment buildings in areas with single-family homes, [which] have made accessible housing options harder to find in many of the communities boomers have called home for decades,” the article states. . “There’s a lot of people in the middle, homeowners included, who are stuck.”

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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

JANUARY 9, 2025

To comply with state law, the city must pass new density rules by June 2025, the Times reported. Neighborhood councils have expressed concerns about the plans impact on the citys tree canopy, their neighborhoods specific character and the ability of infrastructure to keep up, according to the Times.

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Housing Wire

DECEMBER 9, 2024

According to the claims, the firm was purchasing homes of cash-strapped consumers at bargain-basement prices and then renting them back to the consumers, at times for unfair rents, in violation of the states consumer protection law. After that, consumer lawsuits were filed in Texas, Maryland, South Carolina, Pennsylvania and Ohio.

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Housing Wire

MARCH 10, 2025

Weston ultimately recommends that the readers mother enlist the services of an elder law attorney to determine the potential next steps. [An An attorney] can advise her about qualifying for Medicaid, the government health program for the poor, she said.

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Housing Wire

NOVEMBER 13, 2024

There’s much more to consider — like insurance regulations or local zoning laws — making having an expert in this space crucial.” . “Agents become more like wealth managers, helping them evaluate investment potential, seasonal rental opportunities, and resale value.

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Housing Wire

DECEMBER 9, 2024

The exam is designed to include adjustments for distinctions in fair housing laws pertaining to Tribes and the unique status of trust land, the department explained in June. It established a new category of HUD-certified tribal housing counselor along with a new tribal housing counselor certification exam.

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Housing Wire

FEBRUARY 26, 2025

Additionally, more stringent laws and regulations continue to shape landlord decision-making across all regions and portfolio sizes. Time commitment is the top barrier, cited by 31% of respondents. Rising maintenance costs, property taxes and insurance expenses are also pressing concerns.

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