article thumbnail

New York governor backs moves to fight elder financial exploitation

Housing Wire

Hochul is seeking to mandate specialized training for bank tellers and other banking professionals in New York to identify and stop instances of elder financial abuse before they take place, according to a report from Newsday. Older Americans are often targets of financial scams by bad actors, and New York Gov.

Training 369
article thumbnail

DOJ sues Rocket, appraisal companies over alleged discrimination

Housing Wire

The homeowner submitted a complaint to the HUD, which concluded that the defendants violated the Fair Housing Act , and referred the matter to the DOJ. After she complained to Rocket Mortgage, the company canceled her refinance application. This is the second appraisal bias case involving a top-10 lender and a powerful regulator.

Appraisal 511
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Study: Long-term care services must be expanded to support aging in place

Housing Wire

LTSS refers to the range of paid and unpaid services that help people with physical or cognitive impairments live independently at home, according to a summary of the study on the schools website. They say will lead to an unprecedented demand for long-term care services and supports (LTSS).

Training 370
article thumbnail

Taking Foreclosures Beyond Judicial and Non-Judicial Actions

Appraisal Buzz

Non-Uniform Foreclosures was inspired by a discussion on the rise in reverse mortgages being referred to foreclosure, as well as the processes for completing a foreclosure on tribal lands. Q: Are there other Legal League publications or training you would recommend readers to check out in addition to this White Paper?

Legal 435
article thumbnail

William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

The network that Grimshaw and and Callahan reference stems from William Raveis’ affiliation with Leading Real Estate Companies of the World , a global network of 140,000 agents and 550 brokerages. ” Beaulieu also said the company focuses on developing talent with training, coaching and technology solutions for marketing and sales.

article thumbnail

Real estate license reciprocity and portability: A complete guide to where you can practice

Housing Wire

Real estate license reciprocity means an agent or broker’s ability to get licensed and operate or practice in a new state, whereas real estate license portability refers to an agent or broker’s ability to conduct a single transaction across state lines. No additional training or exams are required. Alaska Reciprocity: None.

article thumbnail

What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Much like lawyers needing to take a separate bar exam in each state they wish to practice in, real estate agents’ training and licensing requirements vary by state. Referral agent: A referral agent is a real estate agent who refers clients to other agents in exchange for a referral fee. The required number of hours varies by state.