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California looks poised to finally pass RON legislation

Housing Wire

Gavin Newsom of California on Tuesday received a senate bill legalizing remote online notarizations ( RON ). As amended, the bill provides that California notaries could begin to offer online notarization services beginning January 1, 2030 though stakeholders like Notarize hope it will be years earlier. He has until Oct.

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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. From 2020 to 2030, the Urban Institute projects 8.5

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

According to the Urban Institute , the gap between white and Black homeownership rates is wider today than it was when redlining was legal — 42% of Black families are homeowners vs. 72% of white families. There is also an important racial justice aspect to Neighborhood Homes. average — creating much-needed comparable sales.

Investing 444
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Opinion: More can be done to shorten the average time to close

Housing Wire

Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. Real estate will look different in 2030, perhaps even in 2024. It doesn’t lend itself to a 24-hour cycle. Yet more can be done to ease that 45-day average.

HOA 455
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Opinion: More should be done to shorten the average time to close

Housing Wire

And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. Real estate will look different in 2030, perhaps even in 2024. It doesn’t lend itself to a 24-hour cycle. Yet more can be done to ease that 45-day average.

HOA 428
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Not Using eSignatures? Here’s What You’re Risking

GoForrmz

In an ideal world, everything in your business runs without disruption; no paperwork is ever lost, no data is ever incorrect, and every signature is legally binding and captured quickly. But legally binding signatures aren’t always required for your documents either. But how many businesses live in that ideal world?

Legal 78
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California finally passes RON legislation

Housing Wire

The Secretary of State will then implement the legislation of the course of the next few years, with full functionality expected by 2030. The passage of RON in California comes nearly a year after senators from the state opposed a bill that would have legalized RON nationwide.

Legal 401