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Broker's Statutory Defense Rejected

April 24, 2013: 

California court rules that the statute of limitations for sellers’ brokers did not apply to a dual agent when the claims were made by the buyer.

They're Back: Mortgage Schemes

April 19, 2013: 

If there was one major takeaway from the National Crime Prevention Council's 2013 Mortgage Fraud Virtual Conference, it was this: The mortgage market, while no longer a wicked stepchild of the housing crisis, must still be carefully monitored.

HUD Issues New Discriminatory Effects Rule

April 17, 2013: 

HUD has formalized its recognition of discriminatory effects liability under the Fair Housing Act. An article on the REALTOR® Action Center explains HUD's proposed test.

Broker Wins Lawsuit over Escrow Retention

April 17, 2013: 

Massachusetts court affirms small claims court ruling that listing agreement allowed broker to retain a portion of the escrow for buyer’s default.

Sham Rating Site? Oregon Agents Raise the Alert

April 15, 2013: 

Another ratings site appears to be selling positive reviews to real estate professionals concerned about reputation management.

Obama Budget Request Repeats Past Housing Proposals

April 11, 2013: 

President Obama calls for an itemized deductions value cap, including mortgage-interest and property-tax deductions, in his 2014 federal budget request.

Selling a Foreclosure? Don't Ignore the Tenant

April 10, 2013: 

Watch this 5-minute video to learn about the protections afforded to foreclosed-upon tenants under the Protecting Tenants at Foreclosure Act.

4 Top Mortgage Insurers Fined For Kickbacks

April 5, 2013: 

The Consumer Financial Protection Bureau has fined four of the nation's largest mortgage-insurance providers for alleged kickbacks to lenders in order to win more business.

Award for MLS Violations Upheld

April 3, 2013: 

Pennsylvania court determines that broker violated terms of stipulation and so affirms award of damages to the association.

Fannie REO Specialist Faces Kickback Allegations

March 28, 2013: 

A Fannie Mae REO specialist is being accused of trying to arrange a deal with a real estate broker that he'd supply listings in exchange for a cut of the commission on the sale of the properties.

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