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Asian real estate group, other advocates claim Florida law violates Fair Housing Act

Housing Wire

and the Fair Housing Center of the Greater Palm Beaches , have filed a lawsuit that contends Florida Housing Law Senate Bill 264 violates the federal Fair Housing Act. We alleged that the law denies access to housing to people from China and these other countries. The suit was filed on Monday in U.S. District Court in Miami.

Law 222
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Opinion: Don’t let red tape strangle city development

Housing Wire

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. The results are uneven, but can be inspiring.

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Contract Data Is Pending Data Is Lagging Data

Miller Samuel

Throughout my career, I have seen brokerage firms publish pending/contract reports, touting pending trends as more reliable than reports based on closings. The simplistic, uninformed argument for pending sales is that contract dates occur before closing dates, so they are more current. I plan to develop one someday.

Contracts 195
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Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac

Housing Wire

million in damages related to a breach of contract claim (plus interest and attorney’s fees), representing six years of avoided license fees. Black Knight filed a complaint against PennyMac in November 2019 for breaching contracts and misappropriating trade secrets. 28, an arbitrator awarded Black Knight $155.2 per share.

Contracts 421
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HUD Inspector General discusses NYC corruption investigation

Housing Wire

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), the New York City Department of Investigations (DOI), the U.S. That is bread and butter to us at federal law enforcement agencies, and certainly for SDNY, so we jumped right in and we’ve been working the case ever since.

Law 421
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5 best Arizona real estate schools for 2024

Housing Wire

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

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Cherokee Nation engages in HUD housing program for skilled workers

Housing Wire

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. They are one of the first tribes to be approved for the program, according to the announcement.