Lamacchia Realty

DECEMBER 13, 2023

A REMINDER ABOUT SNOW REMOVAL LAWS Winter is fast approaching, which means the snow is soon to arrive! Here is a reminder of the crucial snow removal laws if you’re a property owner in Massachusetts , New Hampshire , or Connecticut! Some Massachusetts property owners are still unaware of this law that went into effect in July 2010.

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Law Real Estate Agent Legal Realty 66

Housing Wire

AUGUST 6, 2021

The company, one of the “Big Four” title insurers, agreed to pay a $1.185 million penalty after California state regulators alleged that a marketing representative provided agents illegal perks such as video marketing and drone footage of listings with placement on social media sites, and bus caravans to promote listings.

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Agents Real Estate Agent Insurance Real Estate 432

Housing Wire

JANUARY 28, 2021

Rentals listed on Zillow will now show whether or not they lie in a jurisdiction with local laws protecting renters from discrimination based on the use of Housing Choice Vouchers. The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent.

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Landlords Tenants Law Legal 466

Housing Wire

MAY 27, 2022

All lenders must explain their rationale when denying credit to loan applicants, the Consumer Financial Protection Bureau affirmed Thursday, after looking into whether companies claiming exemption because they rely on “complex algorithms” were in violation of federal anti-discrimination law.

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Housing Wire

JUNE 30, 2023

million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Therefore, lenders must follow FHA and VA rules to ensure only loans that meet credit and underwriting criteria are insured or guaranteed by the government.

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Government Insurance Mortgage Legal 384

Housing Wire

FEBRUARY 1, 2021

Clinton’s long-standing career in public service, in-depth legal expertise in housing policy and executive leadership skills will help bolster FHFA’s work as a world-class prudential regulator.”. Prior to joining the agency, he served for 24 years in various senior legal roles at the U.S.

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Legal Law Brokerage Finance 458

Housing Wire

NOVEMBER 13, 2023

In recent years, the value proposition of title insurance has come under attack following Fannie Mae’s announcement that it would accept attorney opinion letters in lieu of title insurance, as well as Fannie Mae and Freddie Mac’s title waiver programs , which were eventually scrapped. “If

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Insurance Real Estate Agents Real Estate Agent 421

Housing Wire

FEBRUARY 17, 2021

This HousingWire Daily podcast transcription features an interview with Monique Winston , vice president-national business development executive and chair of the diversity and inclusion council at WFG National Title Insurance Company. And I found, to me, I found an industry that was as versatile as the law degree that I had.

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Legal Insurance Law Real Estate 287

Housing Wire

NOVEMBER 9, 2020

In 2017, the associations collaborated to create standard legislation that is safe for consumers, ensures the transaction can be insurable and is technology neutral. The model legislation creates legal certainty across the country by providing a uniform and consistent framework that is based on a common set of core principles.

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Law Legal Technology Real Estate 441

Housing Wire

AUGUST 7, 2020

Before that Yankowski was president and CEO of Executive Title Insurance Services. Financial services law firm Garris Horn announced that mortgage attorney Melanie Feliciano has joined as a partner. Yankowski has more than 30 years of experience in the industry and was most recently senior division president at Stewart Title.

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Technology Law Lending Legal 358

Housing Wire

OCTOBER 1, 2020

The complaint announced on Friday alleges that in order to significantly increase its loan production, Nutter used unqualified underwriters lacking the requirements established by HUD to review and approve HECMs that Nutter ultimately insured with the FHA. When reached for comment, Edward T.

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Housing Wire

JANUARY 27, 2022

housing entities are at odds over the future of the federal government’s cash-strapped flood insurance program. NAR, meanwhile, no longer wants to see states excluded from the federal government’s flood insurance program due to not meeting FEMA standards. Two of the most powerful U.S.

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Insurance Government Law Real Estate Agent 384

Housing Wire

JUNE 21, 2023

Other measures in the “proposed rule” stage include rulemaking on personal financial data rights; Property Assessed Clean Energy (PACE) financing and its interactions with the Truth in Lending Act (TILA); and the supervision of certain, larger nonbank covered participants for compliance with federal consumer financial laws.

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Valuation Finance Legal Development 370

Housing Wire

OCTOBER 24, 2023

Goldberg said he wasn’t sure, deferring the decision to the trade group’s legal team. ” However, if an MLS didn’t want to adopt a mandatory NAR rule, the MLS would lose its NAR-provided errors and omissions insurance, Gansho said. Glass returned to the floor after Ketchmark to ask Goldberg to clarify a few points.

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Realtors Agents Clients Buyers 421

Housing Wire

JANUARY 12, 2024

“The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

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Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government. government.

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Lending Advertising Mortgage Law 384

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Includes all Salesperson classes + Broker Management clinics.

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Real Estate Contracts Law Real Estate Agent 409

Housing Wire

SEPTEMBER 15, 2023

Non-Repudiation : E-sign became federal law in 2000 but digital signatures are only a subset of the integrity component. Data is imported from multiple sources including credit agencies, public records aggregators, appraisers, inspectors, title and insurance firms and Realtors.

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Supply Chain Technology Investors Legal 410

Housing Wire

NOVEMBER 2, 2023

Former employees accused Strauss of not paying salaries and suspending their health insurance coverage retroactively despite collecting contributions from paychecks. Smart Rate marked Strauss’s return to the mortgage market after abruptly shuttering Sprout Mortgage in July 2022.

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Business Loan Officers Law Mortgage 441

Housing Wire

FEBRUARY 14, 2022

If the regulated party in the post consent period violates the law in a way that also violates the injunctive provisions of the consent, the regulatory agency is free to either pursue a contempt action or to bring a new case alleging the law enforcement violations,” DeMille-Wagman argued. “It The CFPB declined to comment.

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Law Legal Insurance Mortgage 370

Housing Wire

AUGUST 22, 2023

In addition, regulators should be aware of any unbalanced market effects of AVMs regulations, conflicting interpretations of the legal framework, and the lack of established methodologies in examining systemic bias in the U.S., the trade groups state. Department of the Treasury ; and the Federal Reserve System.

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Valuation Appraisal Government Real Estate 370

Housing Wire

APRIL 24, 2023

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Between the launch of FHA in 1934 and when President Lyndon B.

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Legal Housing Market Government Buyers 384

Housing Wire

MARCH 26, 2024

While the person sits back and watches the value of their house climb to levels that have never been seen before, they are still struggling to get back to their pre-pandemic income level while also having to pay more for homeowner’s insurance and property taxes, not to mention the fact that all of their other bills have increased as well.

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Law Real Estate Property Taxes Marketing 432

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Digital adoption has been hampered by state laws since a federal law that outlines practices for remote online notarizations does not exist.

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Business Law Real Estate Investors 491

Cleveland Appraisal Blog

JUNE 18, 2022

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. This is why eminent domain appraisers often work closely with eminent domain attorneys to insure that these important concepts are fully understood and applied properly.

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Appraisal Law Development Valuation 309

Housing Wire

AUGUST 9, 2022

I was originally interested in doing journalism or law. I like that title has a legal aspect to it, but I also like that we are able to talk to people and get to know them a bit through their transaction. But I like that there is a balance between legal stuff and people. Luna: I definitely stumbled into it.

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Real Estate Agent Real Estate Insurance Business 384

Housing Wire

JUNE 27, 2023

In its seventh securitization on June 14, The Change Company attracted 16 investors to a $306 million offering, including money managers, banks, insurance companies, and private funds. The loans in the pool had a weighted average FICO of 740, LVT of 71.1%, 43 months of reserves, and an 8.72% note rate, the lender said.

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Housing Wire

OCTOBER 12, 2020

They need to not only help borrowers enter forbearance but are also required to reach out before the end of each forbearance period to determine the appropriate post-forbearance relief option based on investor/insurer waterfalls.

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D Fritz Appraisals

MAY 9, 2022

A separation is when a married or common-law couple decides to stop living together. Insurance policies. Even if only one spouse’s name is on any of these, the law says it’s still family property. The law calls you and your partner spouses if you are married, or living common-law for at least 2 years. . Businesses.

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Law Legal Appraisal Market Value 115

Housing Wire

MAY 26, 2023

But the patchwork of state, county and municipal requirements — in addition to federal rules and regulations — demands that a growing firm have access to an attorney or legal resources deeply familiar with the industry, as well as the region in which that firm intends to grow.

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Business Marketing Law Technology 370

Housing Wire

AUGUST 5, 2022

Some of the nearly 360 comments came in late on Thursday, a day before the deadline imposed by the Office of the Comptroller of the Currency , the Federal Reserve and the Federal Deposit Insurance Corporation. Some think that the proposed rule already addresses concerns that including race more explicitly would draw a legal challenge.

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Lending Development Mortgage Retail 421

Will Springer Realtor

NOVEMBER 21, 2023

The seller of the property receives a secured promissory note, a fancy term for a legal IOU, which details the reshaped loan (principal and interest). While buyers won’t have legal title to the property (that remains with the lender), they gain equitable title, allowing them to occup the property. Cancel Risk. Due-on-Sale Clause.

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Mortgage Legal Sellers Buyers 64

Housing Wire

FEBRUARY 8, 2022

Federal laws aren’t the only ones servicers have to contend with. The National Consumer Law Center (NCLC) identified executive declarations and court orders in 34 states as of April 2021. So, I don’t expect to see a lot of activity in courts or in the legal system to accelerate the foreclosure process.”.

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Law Mortgage Legal Finance 370

The Robert Weiler Company

JANUARY 2, 2021

While the buyer takes possession of the property, as with mortgages, the seller retains the deed and legal title to the property as security and collateral until the installment payments are completed. First and foremost, specific costs associated with the property, namely taxes and insurance, are not the responsibility of the buyer.

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Contracts Tenants Legal Sellers 143

Housing Wire

MARCH 14, 2022

in which title insurance companies are required by law to file reports identifying individuals who made all-cash real estate purchases exceeding $300,000 through shell companies. home purchases, there are plenty of legal and practical reasons for buying a home through an LLC or trust. trillion in existing home sales in 2021.

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Real Estate Insurance Law Real Estate Agent 410

Housing Wire

APRIL 5, 2022

There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” Today, the law is not yet clear on whether or not virtual land in the Metaverse is “actual” real estate. Defining virtual real estate. Each parcel is worth real money.

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Real Estate Mortgage Property Taxes Law 530

Realtor

JANUARY 27, 2020

stocknshares/iStock Probate is the legal process of sorting and distributing someone’s personal property when they die. According to Nolo , a legal website, the state of Florida, as one example, uses the following fees: Value of estate up to $40,000: $1,500. Court fees are usually set by state law and will vary based on location.

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Real Estate Insurance Legal Appraisal 92