Following a lawsuit initiated against Bear Stearns this week, federal investigators warned that more lawsuits are coming against banks stemming from their sales of mortgage-backed securities.
The ongoing controversy of fraudulent practices, excessive assessments, and egregious collection costs of HOA fees on Las Vegas home owners has reached national attention as two local attorneys have filed a federal lawsuit against hundreds of Nevada HOAs and collection agencies.
President Barack Obama and former Gov. Mitt Romney hold starkly different views on recent reforms—and on the best way to preserve the American dream.
A judge granted the FTC $478 million—the largest judgment the agency has ever obtained—against three marketers of real estate infomercials.
After a landmark mortgage settlement against the nation's largest banks earlier this year, the U.S. state attorneys general are now investigating smaller banks for alleged foreclosure mishandlings.
These considerations can assist a broker in evaluating organizations and websites for display of the broker’s listings.
The bipartisan legislation is designed to counter an erroneous Department of Housing and Urban Development interpretive rule that reversed decades of common understanding of RESPA.
At the 2012 NAR Midyear Meetings, the Board of Directors added a new paragraph in MLS Policy Statement 7.31, Lock Box Security Requirements. These FAQ explain the update.
Overshadowed by the Supreme Court’s June 28 decision on the Affordable Care Act, the Court also reversed course and dismissed the appeal of First American Corporation in First American Financial Services v. Edwards challenging whether a claim alleging RESPA violations can be brought in the absence of actual financial injury to a plaintiff.
The U.S. Supreme Court last week provided real estate brokers a lot of clarity about administrative fees charged by brokerages.