7 home fixes you must complete before selling Jul 18, 2016 Teams banned from using 'real estate' in names by another state Jul 18, 2016 California Realtors file $136M copyright suit against tech firm Jul 20, 2016 Team transactions outpacing top producers' Jul 25, 2016 How white privilege makes my life easier Jul 22, 2016 The No. 1 thing you are doing that is killing your email marketing Jul 21, 2016 11 modern closing gift ideas for every type of buyer Jul 25, 2016 Why win-win always trumps win-lose Jul 25, 2016 6 economists forecast the 2016 housing market Feb 2, 2016 10 ways homebuyers can improve credit scores Jul 13, 2016
More Regulations News
June 30, 2016 by Jennifer Riner
If you’ve been paying attention, you know this year’s presidential election is anything but regular. But is the highly-publicized and lesser-of-two-evils narrative creating hesitation among California homebuyers ...
June 29, 2016 by Kimberly Manning
Real estate buyers in New York have been paying more than they need to during transactions, according to a new study released in June. OneTitle National Guaranty Company, Inc. released a report finding that homebuyers and investors in New York paid an estimated $155.3 million in excess title insurance premiums and fees in ...
June 29, 2016 by Britt Chester
Miami developer NR Investments isn't comparing apples to oranges, but it does think residents of the Big Apple will fit perfectly as snowbirds in the orange-growing climate of Miami. Klara Madlin Real Estate, based in New York, has teamed up with NR Investments to offer New Yorkers exclusive access to the remaining units in Canvas, a new luxury high-rise ...
June 22, 2016 by Kimberly Manning
Community options are limited for individuals seeking a place to live using housing vouchers, but the U.S. Department of Housing and Urban Development hopes to make the process easier ...
June 17, 2016 by Peter Lorimer
Ever need to talk someone though applying for a home loan? In this week's video, Peter Lorimer of PLG Estates talks about the process of home loan qualification ...
June 14, 2016 by Britt Chester
"Those who cannot remember the past are condemned to repeat it," wrote George Santayana in The Life of Reason, Vol. 1 in 1905. Santayana was talking about the inevitable changes that take place in the world, like how pre-building code Manhattan helped shape a burgeoning metropolis. Now, though, thanks to building and zoning codes, those properties would never make it past the brainstorm session ...
June 10, 2016 by Caroline Feeney
Two can play the lawsuit game, and the National Association of Realtors just dealt itself in. On June 8, NAR filed a civil complaint against Data Distribution Technologies (DDT) requesting that its patent on a "remotely updated database system" be declared invalid and unenforceable by the U.S. District Court. In the past few years, DDT has filed lawsuits against three brokerage firms that employ NAR members and sent demand letters to several more brokerages, MLSs and technology vendors ...
June 9, 2016 by Amy Swinderman
When the new disclosure rules were rolled out in October of last year, the biggest concern in the real estate industry was that the TRID (TILA-RESPA Integrated Disclosures) rule would delay closings, causing snafus in buyer and seller timelines. However, a more significant problem for real estate agents has since emerged: Getting access to the Closing Disclosure (CD) ...
June 7, 2016 by Amy Swinderman
The Real Estate Settlement Procedures Act has been around since 1974 -- but the changes over the past few years, combined with the creation and implementation of the Consumer Financial Protection Bureau (CFPB), have caused some confusion in the industry. What is the act? What does it mean for agents and for consumers? Here's what you need to know about RESPA -- explained ...
June 3, 2016 by Peter Lorimer
In this week's video, Peter Lorimer of PLG Estates discusses TRID, otherwise known as TILA-RESPA Integrated Disclosures. How does it affect agents, and how does it affect clients? What do you need to know ...
May 26, 2016 by Britt Chester
Hiroshi Horiike, a retired Chinese millionaire, bought a Malibu house in 2007 for $12.25 million cash. The advertised square footage was 15,000 square feet, but the actual square footage was under 9,500. Horiike sued the listing agent, Chris Cortazzo, and Coldwell Banker, the broker, for violating fiduciary duties ...
May 20, 2016 by Kimberly Manning
Last weekend, the 606 trail was buzzing with more than speedy bikers. The trail that opened nearly a year ago was filled with marchers protesting the gentrification of the elevated trail's surrounding neighborhoods, like Logan Square and Humboldt Park ...
May 19, 2016 by Amy Swinderman
The legal battle between the Consumer Financial Protection Bureau (CFPB) and New Jersey-based mortgage lender PHH Corp., is one of the most-watched cases in the mortgage and real estate industries, and for good reason: It involves a huge enforcement penalty -- $109 million -- and it marks the first time a company has fought back against the bureau for taking such an action ...
May 18, 2016 by Amy Swinderman
A case that -- on its surface -- has nothing to do with RESPA (the Real Estate Settlement Procedures Act) may impact those subject to RESPA nonetheless. The Supreme Court issued a decision Monday in a case involving consumer privacy law that may ultimately have implications for real estate and mortgage industry companies that are subject to certain federal statutes, including the Fair Credit Reporting Act (FCRA) and ...
May 17, 2016 by Caroline Feeney
When you look outside and see maintenance diligently shoveling when it's below zero or expertly manicuring the lawn that you barely have time to mow, you might thank your lucky stars for that homeowners' association. But it doesn't take long for the blessed HOA to join your hit list with new rules and fines. Now, for the first time, homeowners who fail to pay their HOA dues in a timely manner are also risking their credit score, just as they would with a late mortgage payment. ...
May 13, 2016 by Lou Barnes
Oh, the pleasure taken by an old guy at a new tekkie pratfall! Schadenfreude, the Germans call it. Too bad about Lending Club. Shed a crocodile tear. The first online lending appeared about 25 years ago, about the time we got our first email addresses. Then or since, anybody can make a loan online, in the sense of gathering information, approving and closing ...
May 11, 2016 by Kimberly Manning
In April, the Federal Housing Finance Agency unveiled a new mortgage modification program to offer homeowners who are seriously underwater on their housing payments the opportunity to swim their way out and avoid foreclosure ...
May 10, 2016 by Andrea V. Brambila
It's the first day of the National Association of Realtors' Legislative Meetings & Trade Expo. Inman is live on the scene ...
May 10, 2016 by Kimberly Manning
According to a recent report released by Apartment List, saving up to buy a home in Los Angeles or San Francisco is increasingly challenging. First-time homebuyers, if they continue to save at the same pace, will have to wait 20 years to buy a home in Los Angeles and nearly 28 years in San Francisco ...
May 9, 2016 by Amy Swinderman
Realogy Holdings Corp., a real estate franchise group, and PHH Corp., a mortgage solutions provider, might have won the most recent court round, but that doesn't mean their battle is over yet. A class-action lawsuit filed in California federal court alleging that PHH and Realogy violated the Real Estate Settlement Procedures Act (RESPA) in failing to adequately disclose their joint venture and affiliated businesses to consumers may be on its last attempt to see the case through -- but the plaintiffs are not giving up easily ...