Residential Real Estate

Read Administrative Law updates, alerts, news, and legal analysis from leading lawyers and law firms:

News & Analysis as of May 19, 2013

CFPB Fair Lending Updates – Expectations for Enforcement and Regulation in 2013

by Melanie Brody, Tori K. Shinohara | K&L Gates LLP on 12/19/2012

Signaling that 2013 will be another eventful year in the fair lending world, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) issued two items this month that reveal an ambitious agenda for fair lending...more

OCC Issues Bulletin Regarding Extended SCRA Protections

by BuckleySandler LLP on 11/27/2012

On November 19, the OCC issued Bulletin 2012-37, which advises all national banks and federal savings associations of the extension of certain servicemember protections afforded by the Servicemembers Civil Relief Act (SCRA)....more

National Mortgage Settlement Monitor Seeks Servicemember Complaints

by BuckleySandler LLP on 11/19/2012

On November 12, National Mortgage Settlement Monitor Joseph Smith, Jr. launched a military-specific outreach program to encourage servicemembers to report mortgage servicing complaints using an online form. The Monitor...more

Federal Regulators Host Webinar on SCRA Compliance

by BuckleySandler LLP on 9/18/2012

On September 10, federal banking regulators, the CFPB, and the FHFA conducted a webinar on federal servicemember financial protections, recent changes to the Servicemembers’ Civil Relief Act (SCRA), and recent changes to...more

Mortgage Banking Update - August 23, 2012

by Ballard Spahr LLP on 8/23/2012

In This Issue: - FHFA Questions Use of Eminent Domain for Underwater Mortgages - Only Promissory Note Holders Can Initiate Foreclosures in Washington State - Congress Amends SCRA and the Maximum Guaranty for VA...more

State Law Update: Hawaii and California Take Actions on Mortgages and Privacy

by BuckleySandler LLP on 7/24/2012

California AG Announces Privacy Enforcement Unit. On July 19, California Attorney General Kamala Harris announced the creation of the Privacy Enforcement and Protection Unit. The unit will combine the various existing privacy...more

Federal Agencies Announce New Mortgage-Related Policies to Support Military Homeowners

by BuckleySandler LLP on 6/26/2012

On June 21, the CFPB, the federal prudential banking regulators, and the FHFA announced new policies to support servicemember homeowners. The CFPB, the Federal Reserve Board, the FDIC, the NCUA, and the OCC issued joint...more

Agency Guidance on Mortgage Servicing for Servicemembers

by Orrick, Herrington & Sutcliffe LLP on 6/26/2012

On June 21, the Fed, CFPB, FDIC, NCUA, and OCC issued guidance to mortgage servicers to address risks related to military homeowners who have informed the servicer that they have received military Permanent Change of Station...more

Remediation and Redevelopment of FUDS

by Shawna Bligh on 5/1/2010

This article sets forth a strategy by which local entities struggling to redevelop former DOD facilities with residual environmental contamination can utilize local counsel, as augmented by environmental legal specialists, to...more