Housing Wire

APRIL 9, 2024

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. More recently, Patriot Bank paid $1.9

Modernization 463

Modernization Lending Legal Legal Fees 463

Housing Wire

APRIL 6, 2021

Full e-Closings reduce the use of paper, legal fees, mailing and courier costs. Truliant announced in 2019 it would be the first North Carolina Credit Union to offer complete eClosing services on mortgages, and the second North Carolina-based financial institution to use it.

Mortgage 372

Mortgage Legal Fees Law Legal 372

Appraisal Buzz

AUGUST 23, 2024

In September 2021, Fendee recorded its lien against Gould for unpaid association assessments, fines, penalties, interest, and legal fees. The Gould decision illustrates the importance of immediately recording the mortgage and perfecting the lien when lending for the purchase of a property in a community association development.

HOA 222

HOA Mortgage Government Legal Fees 222

Appraisal Today

JUNE 7, 2024

Without general liability insurance an appraisal company may be responsible for paying large out-of-pocket expenses for things like: Legal fees, Compensation to injured parties Reputational harm, Property damage repairs Commercial property insurance This type of appraisal insurance keeps the physical aspects of your company safe.

Appraisal 87

Appraisal Insurance Contracts Business 87

Property Metrics

MARCH 13, 2025

Multifamily (5+ Units): Larger apartment complexes that, for lending and investment, are categorized as commercial. Purpose: While residential real estate is designed primarily for housing, CRE is about tenant businesses or organizations that pay rent (or other fees) to operate in the space.

Real Estate 36

Real Estate Investing Tenants Investors 36