Previously, in connection with the home loan program of the Department of Veterans Affairs (VA) we reported on the VA’s adoption of a temporary local variance allowing veterans to pay the commission of the real estate broker...more
8/6/2024
/ Broker Commissions ,
Brokers ,
Buyers ,
Consumer Financial Products ,
Department of Veterans Affairs ,
Financial Services Industry ,
Loans ,
Mortgages ,
TILA-RESPA Integrated Disclosure Rule (TRID) ,
Variances ,
Veterans ,
Veterans Administration
In connection with its guaranteed home loan program, in June 2024 the Department of Veterans Affairs (VA) adopted a temporary local variance allowing veterans to pay the commission of the real estate broker or agent assisting...more
Buyer-Broker Commissions -
In connection with its guaranteed home loan program, the Department of Veterans Affairs (VA) recently adopted a temporary local variance allowing veterans to pay the commission of the real estate...more
6/14/2024
/ Borrowers ,
Broker Commissions ,
Brokers ,
Buyers ,
Consumer Financial Products ,
Department of Veterans Affairs ,
Financial Services Industry ,
Lenders ,
Loans ,
Mortgages ,
Real Estate Commissions ,
Veterans
In two recent opinions, the U.S. Court of Appeals for the Fourth Circuit substantially limited the potential scope of liability under the Maryland Finder’s Fee Act. Applying the plain language of the statute, the Fourth...more