Residential Real Estate Updates – May 24, 2012

by Jonathan Foxx on 5/24/2012

Kicked in the gut by a "flat fee" proposal, the already winded mortgage industry seems to be barely able to catch its breath from the CFPB's recent lurching toward yet another vaguely expected and somewhat ill-defined...more

by BuckleySandler LLP on 5/23/2012

On May 14, the Federal Housing Finance Agency released for public comment a draft strategic plan for fiscal years 2013-2017. The draft plan updates FHFA’s existing strategic plan document to incorporate a proposal sent to...more

by BuckleySandler LLP on 5/23/2012

Alabama Enacts Residential Mortgage Satisfaction Act. On May 3, Alabama enacted Senate Bill 347, which establishes procedures by which a borrower can obtain a payoff statement for a residential mortgage, including the form of...more

by Rosa Eckstein Schechter on 5/23/2012

Looks like Florida is getting popular in real estate investment circles again. Builders are building, planning to build, looking for places to build. It's an amazing thing to consider, given the past few years of dire...more

by BuckleySandler LLP on 5/23/2012

Topics In This Issue: Federal Issues - State Issues - Courts - Miscellany - Firm News - Mortgages - Banking - Consumer Finance - E-Commerce Excerpt from Federal Issues: Federal Prudential Regulators Issue Final...more

by Cullen and Dykman LLP on 5/22/2012

Introduction No. 501-A, titled A Local Law to amend the administrative code of the city of New York, in relation to notification by a mortgagee commencing an action to recover residential real property, was approved by the...more

by Sheppard Mullin Richter & Hampton LLP on 5/21/2012

In Debrunner v. Deutsche Bank Nat. Trust Co. (Cal.App. 6 Dist., 2012) --- Cal.Rptr.3d ----, 2012 WL 883128, the California Court of Appeal affirmed the dismissal of a complaint for wrongful foreclosure with prejudice, holding...more

by Patton Boggs LLP on 5/18/2012

Qatar does not have a single, codified, source of property law. Instead, a collection of laws, ministerial decrees and resolutions, dating back to 1963, constitute the country’s jurisprudence on the subject. The general rule...more