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15 May 2024, 12:31 pm by Mark Ashton
We all know what happened to residential real estate during the pandemic. [read post]
6 May 2024, 10:00 pm by Sherica Celine
Foreclosure of Real Property See this practice note on commercial and residential real property foreclosures and how they vary substantially from state to state. [read post]
2 Apr 2024, 9:05 pm by Brian Connor
A stress test model informed by climate risk would therefore show an increase in credit risk for the bank that holds these mortgages. [read post]
14 Mar 2024, 9:03 pm by Gianna Hill
The rule aims to facilitate investment and development in underserved communities. [read post]
23 Feb 2024, 11:19 am by The White Law Group
The company’s involvement in litigation over its Naples residential community, coupled with a defaulted mortgage loan, adds to the uncertainty. [read post]
23 Feb 2024, 3:00 am by Jim Sedor
National/Federal The Quiet Way Democrats Hope to Expand Their Power at the State Level DNyuz – Nick Corasaniti (New York Times) | Published: 2/20/2024 Locked out of power on the U.S. [read post]
12 Feb 2024, 10:00 pm by Sherica Celine
Fair Lending Guidance and Disclosure Requirements for Residential Mortgages Access this comprehensive overview of fair lending laws, regulations, and disclosure requirements related to residential mortgages under the Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA), and the Fair Housing Act (FHA). [read post]
19 Jan 2024, 2:56 am by Tessa Shepperson
Mark Michaelides, VP of strategy at Molo said I’d advise tenants to communicate promptly, explaining reasons for delays and requesting additional time. [read post]
24 Dec 2023, 10:29 am by Michael L. Hyman
The article, which is titled “Fannie Mae and Freddie Mac to Add Transparency to Condo Lending Blacklists,” focuses on the news from a recent Herald article on the confidential blacklists of condominium communities by the government-sponsored Fannie Mae and Freddie Mac mortgage buyers and backers behind more than 70 percent of all U.S. residential loans. [read post]
14 Nov 2023, 2:00 pm by Sherica Celine
State Law Comparison Tool—Consumer Financial Regulation Laws Topic Access this state law comparison tool for state-specific guidance and the ability to compare state laws in the areas of consumer lending, credit card lending, and residential mortgage loans. [read post]
6 Nov 2023, 9:00 pm by Sherica Celine
State Law Comparison Tool—Consumer Financial Regulation Laws Topic Access this state law comparison tool for state-specific guidance and the ability to compare state laws in the areas of consumer lending, credit card lending, and residential mortgage loans. [read post]
31 Oct 2023, 2:00 am
BANK ENGAGED IN “REDLINING” AND AVOIDED RHODE ISLAND COMMUNITIES OF COLORAccording to a press release issued by the Justice Department in late September, Washington Trust Company, the nation’s oldest community bank, has agreed to settle a lending discrimination claim for $9 million.Apparently, the bank allegedly engaged in “redlining” -- i.e., avoided providing credit to people living in Rhode Island's Black and Hispanic neighborhoods – in… [read post]
30 Oct 2023, 11:00 pm by Sherica Celine
State Law Comparison Tool--Consumer Financial Regulations Topic Access this state law comparison tool for state-specific guidance and the ability to compare state laws in the areas of consumer lending, credit card lending, and residential mortgage loans. [read post]
29 Oct 2023, 1:08 pm by J
We already know that there will be a (residential) leasehold reform bill as part of the King’s Speech, but the Sunday Times today (29.10.23) has some more details about what might be included. [read post]
23 Oct 2023, 11:00 pm by Sherica Celine
Mortgage Servicing Regulation Resource Kit and Mortgage Origination Regulation Resource Kit are two resource kits for guidance related to residential mortgages. [read post]
16 Oct 2023, 11:00 pm by Sherica Celine
State Law Comparison Tool for Consumer Financial Regulations Access the state law comparison tool, Consumer Financial Regulations topic, for state-specific guidance and the ability to compare state laws in the areas of consumer lending, credit card lending, and residential mortgage loans. [read post]
9 Oct 2023, 11:00 pm by Sherica Celine
State Law Comparison Tool Access the state law comparison tool, Consumer Financial Regulations topic, for state-specific guidance and the ability to compare state laws in the areas of consumer lending, credit card lending, and residential mortgage loans. [read post]
8 Oct 2023, 9:13 am by Alec
Foreclosure  Foreclosure is the legal process by which a lender evicts a tenant, takes control, and sells a property after the owner fails to cover their mortgage payments according to the mortgage contract. [read post]