News & Analysis as of

First Time Homebuyers

Real Estate News in Metro DC

by Ballard Spahr LLP on

Ballard Spahr’s mixed-use, condominium, and multifamily lawyers are pleased to provide this newsletter to keep you apprised of important developments and trends in real estate law in Maryland, Virginia, and Washington, D.C....more

Starter Homes: what we know

by Dentons on

In the Autumn Statement and Spending Review 2015, the government reaffirmed the commitment to Starter Homes launched in December 2014 with a plan to build 200,000 homes over the next five years. The announcement, together...more

What does the Spending Review and Autumn Statement mean for house-builders and developers?

by DLA Piper on

George Osborne’s Spending Review and Autumn Statement 2015 promises to double the housing budget from 2018/19 and focuses on support for low cost home ownership for first time buyers. We go behind the headlines to see what...more

Transitional period and initial supervisory practice over TRID

by Ballard Spahr LLP on

The CFPB sent industry trade groups a letter on October 1, 2015 to address the approach of the Federal Financial Institutions Examination Council (FFIEC) member agencies during the initial months following the implementation...more

House Financial Services Committee passes CFPB-related bills including bill creating TRID Rule hold harmless period

by Ballard Spahr LLP on

On July 29, the following four CFPB-related bills were passed by the House Financial Services Committee: H.R. 3192, the “Homebuyers Assistance Act”: The bill would provide a hold harmless period for the TILA/RESPA Integrated...more

House Financial Services Committee passes CFPB-related bills including bill creating TRID Rule hold harmless period

by Ballard Spahr LLP on

Wednesday, the following four CFPB-related bills were passed by the House Financial Services Committee: H.R. 3192, the “Homebuyers Assistance Act”: The bill would provide a hold harmless period for the TILA/RESPA Integrated...more

HUD Solicits Comments on Proposed Housing Counseling Pilot, HAWK for New Homebuyers

by Ballard Spahr LLP on

HUD recently issued a notice in the Federal Register soliciting public comment on a proposed four-year, two-phase housing counseling pilot, HAWK for New Homebuyers. HAWK (Homeowners Armed With Knowledge) is linked to HUD’s...more

Young Adults Underrepresented Among Homebuyers

As the housing market springs back to life, one demographic remains underrepresented among homebuyers. U.S. census data shows that the rate of homeownership for adults under the age of 35 has declined by almost 8% in the last...more

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