As previously reported, the federal banking agencies announced an interim final rule in April 2020 due to COVID-19 that allows for appraisals and evaluations of homes and other real property to be obtained up to 120 days...more
Government announced in April 2019 that it would be abolishing section 21 of the Housing Act 1988 which gives Landlords the right to reclaim possession through no fault of the Tenants - so called ‘no fault’ repossessions...more
Earlier this week the Government announced to much media fanfare, significant changes to the private rented sector in England. Jeremy Stephen assesses the announcement and what might really happen going forward....more
The U.S. Department of Housing and Urban Development (HUD) recently published proposed revisions to its Handbook covering its Healthcare Insurance Mortgage Program under Section 232 of the National Housing Act (the Section...more
Financial institutions in Canada witnessed yet another year of significant growth in legislation and regulatory guidance impacting their operations, while the financial marketplace is continuing to adapt to the impact of...more
Recently, the Federal Housing Administration (FHA) withdrew part of a proposed rule that sought to establish a maximum time period within which an FHA approved mortgagee must file a claim with FHA for insurance benefits. The...more