Housing Wire

DECEMBER 29, 2023

Labor shortages, lot shortages, lending issues, cost of lumber and materials as well as legal and regulatory barriers have made it difficult to deliver more homes to the American market. By contrast, in the decade 2009 through 2019, there was an average of 660,000 single-family homes constructed each year. Dietz estimates that the U.S.

Construction 427

Construction Supply Chain Inventory Housing Market 427

Housing Wire

JANUARY 11, 2021

” “A simple search of his name reveals a history of Shkipin imploring the government to consider legal action against large companies including Amazon, Uber, Lyft, Redfin, Opendoor and others to the benefit of his fledgling startup,” read the statement.

Real Estate Agent 379

Real Estate Agent Real Estate Brokerage Law 379

Housing Wire

APRIL 26, 2021

The gulf between Black and white homeownership is greater today than it was in 1968, when banks “could still legally discriminate against borrowers based on the color of their skin,” she said. In 2009, the credit rose to $8,000. The 2008 law created a $7,500 tax credit for first-time homebuyers.

Buyers 419

Buyers Legal Law Design 419

Housing Wire

DECEMBER 21, 2020

Steve Gottheim, who has been with ALTA since 2009, was promoted to general counsel. This year, he has also been driving ALTA’s internal legal efforts regarding the SECURE Notarization Act while overseeing the Title Insurance Political Action Committee and its regulatory efforts.

Insurance 223

Insurance Government Advertising Legal 223

Housing Wire

OCTOBER 27, 2023

After reaching 3% in 2008 and 2009, it fell to 2.72% in 2019. The slide shows that on the sell side, commissions have fluctuated from roughly 2% in 2002 to around 2.5% in 2010, before gradually climbing to 2.67% in 2019. The buy side, however, has much less fluctuation.

Agents 428

Agents Real Estate Law Realtors 428

Housing Wire

OCTOBER 2, 2020

In the fallout of the housing collapse of 2007- 2009, the U.S. Some nonbank mortgage servicers have struggled to integrate acquired loan portfolios and to locate legal and collateral documents associated with transferred loans. Language matters — and being clear on objectives without appearing prejudicial is critical.

Government 518

Government Investors Lending Mortgage 518

Housing Wire

JULY 14, 2022

In 2009, at the peak of the Great Recession’s foreclosure crisis, more than half (52%) of all foreclosure sales were sold to entities who purchased at least 10 properties in a calendar year, according to data from ATTOM Data Solutions. Public record data looking at the total foreclosure sales market demonstrates this.

Renovations 324

Renovations Investors Buyers Retail 324

Housing Wire

DECEMBER 8, 2023

Includes AZ Legal Updates, AZ Disclosures, Exploring Fair & Affordable Housing, Managing Risk in Real Estate Business CE Sales Package with Ethics: Required 24 hrs of coursework. Includes Agency Law, Contract Law, Commissioner’s Standards, Disclosure, Fair Housing, Legal Issues & General.

Real Estate 320

Real Estate Contracts Law Real Estate Agent 320

Will Springer Realtor

AUGUST 1, 2023

Short sales were a common sight in the housing recession around 2009 but they have since faded from the headlines as homeowners typically find buyers before facing financial doom. What is a short sale? The owner’s lender can either accept the offer and approve the sale, reject the offer or attempt to negotiate more favorable terms.

Sellers 36

Sellers Buyers Real Estate Legal 36

Housing Wire

SEPTEMBER 23, 2021

Richards accuses the CEO, who founded loanDepot in 2009, of directing the company’s Chief Credit Officer, Brian Rugg, to refrain from auditing the 8,000 loans. Two-hundred processors were put in charge of closing these loans in exchange for extra bonuses at the end of the year, the lawsuit claims.

Development 100

Development Retail Law Mortgage 100

AmeriMac

SEPTEMBER 1, 2021

In 2009, Freddie Mac and Fannie Mae, government housing lending institutions, the Federal Housing Finance Agency (FHFA) and the New York Attorney General got together to create the Home Valuation Code of Conduct (HVCC). These legal changes lead to a sharp increase in the use of AMCs. AMCs as a concept were developed in the 1970s.

Appraisal 36

Appraisal Valuation Law Lending 36

AmeriMac

MARCH 15, 2024

One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. By utilizing an AMC, lenders can ensure compliance with appraiser independence guidelines and other regulatory requirements, mitigating the risk of non-compliance and potential legal issues.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. It can be hard to pass up a good deal, especially when it’s on a large purchase like a home. Stage 3: Pre-Foreclosure.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Appraisal Today

JUNE 3, 2022

Mortgage Lenders – 1989: FIREEA and appraiser licensing, 2009: HVCC and AMCs took over. Ripeness is a legal term I learned from an Environmental Law course which means, a time to act after other remedies have been exhausted, although it is used in many different contexts. EDI to UAD – 1994: EDI maybe, 2011: UAD.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52