Real Estate & Construction Updates – May 24, 2012

by Ballard Spahr LLP on 5/23/2012

Arizona’s non-judicial foreclosure statutes do not require the beneficiary to prove its authority or “show the note” before a trustee may commence a non-judicial foreclosure, the Arizona Supreme Court has ruled. The May...more

by BuckleySandler LLP on 5/23/2012

On May 15, Fannie Mae issued Selling Guide Announcement SEL-2012-04, which includes numerous changes to various Selling Guide topics. To address questions from lenders, the Announcement enhances and clarifies certain DU Refi...more

by BuckleySandler LLP on 5/23/2012

On May 1, the U.S. Court of Appeals for the Eleventh Circuit reversed and remanded a lower court’s dismissal of an FDCPA claim, finding that the contents of a “dunning” notice from the lender’s foreclosing law firm...more

by Heenan Blaikie LLP on 5/23/2012

In our previous posts on this topic, we looked at the level of consultation required when the board contemplates renovation to the condominium or changes to the services provided to the owners. Last post dealt specifically...more

by Ballard Spahr LLP on 5/22/2012

The California Court of Appeal has ruled that the Mortgage Electronic Registration Systems, Inc., or MERS, has the power, as nominee beneficiary, to assign its interest under a deed of trust. In its May 17, 2012, opinion...more

by LXBN on 5/21/2012

Did you know that in 2012, for the first time ever, LEED Certification on old buildings surpassed certification on new buildings. Just one of many indications we've seen that green building is on the rise. To discuss what...more

by Qin Qu on 5/20/2012

Following are the contents of this edition: News Update Two Different Types of Senior Community Emerge Respectively in Shanghai and Beijing Senior Nursing –- a Rising and Promising Career Indemnificatory Housing is...more

by Rosa Eckstein Schechter on 5/18/2012

Here's another piece of evidence that Florida real estate is bouncing back: national builder Meritage Homes has announced that it will be developing a new community of custom-build homes near Medical City, in the Lake Nona...more