Housing Wire
JUNE 25, 2021
” In other words, the agency said the 2020 update to the Fair Housing Act would have made it harder for those seeking justice to meet the legal threshold for proving unintentional discrimination. Supreme Court, which upheld the rule in 2015. ” Prior to the effective date of the 2020 rule, the U.S.
Housing Wire
MAY 3, 2023
Two forces could quickly change the calculus – inventory shortages and strong demographics demand, as well as the specter of class-action lawsuits that attack the traditional agent commission structure. The legal threat that looms largest is what’s known as the “Moehrl case.”
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Housing Wire
OCTOBER 10, 2023
” Kickbacks in a shrinking market A shrinking market, defined by high mortgage rates and low inventory levels , appears to have exacerbated the existing mortgage kickbacks problem, industry pros told HousingWire. However, the Freedom case represented a “wakeup call.”
Housing Wire
AUGUST 31, 2022
Mortgage application volume has declined 69% from its recent peak in January 2021, as a combination of factors such a higher rates, lack of housing inventory, affordability challenges, and economic uncertainty weigh on both purchase and refinance activity. Source: Bureau of Labor Statistics, Mortgage Bankers Association.
Houston Properties
JANUARY 13, 2021
In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. Neighborhoods like Energy Corridor and The Woodlands still haven’t recovered from 2015 (although the latter should benefit from the recent news about HP relocating to The Woodlands area).
Appraisal Today
DECEMBER 8, 2023
The process took several years of securing building permits, and the house was completed in 2015. The first question to talk about is this: “Does the real estate appraiser have any ethical, moral, or legal responsibility to protect the consumer/mortgagor2, 3, 4 when appraising a property for a mortgagee/client?”…
Appraisal Today
MAY 10, 2024
There is administrative time involved, as well as legal factors. Appraisers must consider broader economic indicators, such as inflation rates and GDP growth, in tandem with localized market conditions, including inventory levels and median price changes, to provide accurate and timely valuations. First, the burden on borrowers.
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