News & Analysis as of

Residential Real Estate Updates

Read Residential Real Estate law updates, news, and legal analysis from leading lawyers and law firms:

Minnesota Modifies MLO Licensing Requirements

by Weiner Brodsky Kider PC on

The state of Minnesota recently amended its mortgage loan originator (MLO) licensing provisions to now require individuals to take the Nationwide Multistate Licensing System and Registry’s (NMLSR) National Test Component with...more

Maryland Allows Lenders to Create Escrow Accounts for Water and Sewer Facilities Assessments

by Weiner Brodsky Kider PC on

The Maryland governor signed into law Senate Bill 755 on April 24, 2018. Once effective, upon request by the borrower, a lending institution that lends money secured by a first mortgage or first deed of trust on any interest...more

Choice-of-laws Clauses

This is one of a series of blog posts discussing typical “boilerplate” terms and how they impact real estate contracts. Choice-of-Law Clauses - Choice-of-Law clauses usually read something like the following: The...more

Maryland Requires Notice of a Change in Information from Purchasers of Foreclosure Property

by Weiner Brodsky Kider PC on

The governor of Maryland signed House Bill 78 on April 24, 2018. The bill requires the Department of Labor, Licensing and Regulation (“Department”) to establish procedures which require a purchaser of foreclosure property to...more

Reverse Mortgage Update: New York Law Mandates New Foreclosure Notices and Certificate of Merit

New York has signed into law an amendment redefining a reverse mortgage as a “home loan.” With this amendment, statutory pre-foreclosure ninety day notices (RPAPL 1304) and a “certificate of merit” (CPLR 3012-b) will be...more

FFIEC Releases 2017 HMDA Data

by Weiner Brodsky Kider PC on

The Federal Financial Institutions Examinations Council (FFIEC) released the 2017 Home Mortgage Disclosure Act (HMDA) data on mortgage lending transactions at 5,852 financial institutions....more

Ninth Circuit Gives Cities Boost in Regulating Rent Increases - Limitations on Rent Increases Imposed by Cities Not Considered a...

by Best Best & Krieger LLP on

City governments’ broad powers to enforce rent control and other regulations — even if that results in lower profits for landlords — were reinforced in a recent opinion from the U.S. Ninth Circuit Court of Appeals. ...more

Governor Baker Submits List of 138 Opportunity Zones to U.S. Treasury

by Bowditch & Dewey on

On April 19, 2018, the Commonwealth’s Executive Office of Housing and Economic Development announced that Governor Baker submitted a list of Opportunity Zone designations to the U.S. Treasury. The full list of Massachusetts...more

Sustainable Development Update - May 2018 #3

by Allen Matkins on

Sustainable Development Focus - Federal judge rules in Berkeley’s favor in fight over post office - BERKELEYSIDE - May 15 A federal judge on Monday rejected arguments by the federal government that the city of Berkeley...more

HUD to Reconsider Disparate Impact Rule

by Morrison & Foerster LLP on

The U.S. Department of Housing and Urban Development (HUD) announced that it will “shortly” seek public comment on whether its controversial disparate impact rule is consistent with the Supreme Court’s Inclusive Communities...more

Most Agreements for Sale of Shares No Longer Stampable

by Allen & Overy LLP on

Stamp duties for agreements for the sale of shares or any interest in shares were remitted with effect from 11 April 2018 except where the shares to be transferred are in property-holding entities. Duty remains payable on the...more

Redlining Legal Theories Remain Unresolved

by Poyner Spruill LLP on

On May 8, 2018, the United States Department of Justice (DOJ) settled its fair lending “redlining” lawsuit against Minnesota-based KleinBank, a family-owned bank with assets of more than $1.9 billion. The settlement follows...more

The Developer’s Toolbox to Manage Risk of Future Condominium Conversion

Developers need to keep an open mind to protect themselves against construction defect claims. Insurance is a vital tool, but it should not be the only one in a developer’s risk management toolbox. Another useful tool—the...more

CFPB Revises TRID Guides to Reflect Black Hole Fix

by Ballard Spahr LLP on

The CFPB recently issued revised TILA/RESPA Integrated Disclosure (TRID) rule guides to reflect the adoption of an amendment to the rule to fix the so-called “black hole” issue.  ...more

Financial Services Weekly News - May 2018 #3

by Goodwin on

Editor's Note - In This Issue. The Consumer Financial Protection Bureau (CFPB) published its Spring 2018 rulemaking agenda; the U.S. Department of Housing and Urban Development (HUD) announced that it will seek public...more

New Regulations Require Disclosure of Energy Use in Certain Buildings

On March 7, 2018, the California Energy Commission (CEC) implemented the regulations behind California Assembly Bill 802 (AB 802). AB 802 directed the CEC to create a statewide building energy use benchmarking and public...more

What's on the radar for real estate?

by Hogan Lovells on

In this short guide, we have highlighted some of the key legal changes that are on the real estate radar in a variety of international jurisdictions. Please see full Publication below for more information. ...more

Sustainable Development Update - May 2018 #2

by Allen Matkins on

Sustainable Development Focus - California becomes first state requiring all new homes be built with solar - THE SAN DIEGO UNION-TRIBUNE - May 9 The California Energy Commission (CEC) passed a first-in-the nation rule...more

Banks & A Deed In Lieu

by Husch Blackwell LLP on

An association in southeastern Wisconsin is made up of condominiums that are also rented out for the owners (condotels). In this particular case, a unit owner, who lived in Illinois, was in financial difficulty and wanted to...more

Real Property, Financial Services, & Title Insurance Update: Week Ending May 11, 2018

by Carlton Fields on

REAL PROPERTY UPDATE - Summary Judgment: incorporation of an affirmative defense by referencing “previously filed pleadings” does not obviate movant’s obligation to comply with particularity requirements mandated by rule...more

Flip or Flop: What to Know and Ask When Buying a House

by Hellmuth & Johnson PLLC on

While the adage “What you don’t know can’t hurt you,” is typically more of a hope than a fact, it can be particularly wrong for home buyers and investors. In recent years as the real estate market as gone up and down,...more

West Coast Real Estate Update - May 2018

by Holland & Knight LLP on

New Rules on the Horizon to Reduce Emissions and Improve Air Quality - Facing pressure to meet federal clean air standards, California's South Coast Air Quality Management District (SCAQMD) voted 7-6 to direct staff to...more

Let it Shine: California Mandates Rooftop Solar for New Residential Construction

California. Birthplace of the Frisbee, skateboard, television, canned tuna and (yup) fortune cookies has added another first to the list: California has become the first state in the nation to mandate the use of solar panels...more

Answering Questions About Assistance Animals, Swimming Pools, And Food Service Areas

by Fox Rothschild LLP on

A couple of assistance animal related questions have hit my desk recently. At properties which have pools, can assistance animals accompany residents into the pool area? How about into the pool? No, I am not making that...more

What's So Great About Being Great?

by Tonkon Torp LLP on

Of the 125 largest cities in the USA, U.S. News and World Report recently ranked Portland as the #6 best place to live. This is a big jump from Portland's #32 ranking in 2017. The evaluators at US News describe Portland as...more

12,193 Results
|
View per page
Page: of 488
Cybersecurity

Follow Residential Real Estate Updates on:

"My best business intelligence,
in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.