Real Estate Watch

By JD Supra Business Advisor | JD Supra's magazine for real estate professionals, with timely, need-to-know insights & advisories by industry insiders. Stay smart.

New Markets Tax Credits for Real Estate Development

<b>Tax Management Real Estate Journal</b><p>The new markets tax credit (‘‘NMTC’’) was added to the Internal Revenue Code as §45D2 by the Community Renewal Tax …

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Supreme Court to Rule on Controversial Right of Rescission Timeline for Mortgages

May 27, 2014<p>Embed<p>The Supreme Court agreed this month to resolve a stark divide in the United State Courts of Appeals regarding the time bar for …

Mortgage Lead Generator To Pay $250,000 in FTC Settlement on Deceptively Advertised Mortgage Rate Charges

GoLoansOnline.com, Inc., a Houston, Texas-based mortgage lead generator, will pay the Federal Trade Commission $250,000 under a settlement announced …

Are eClosings for Residential Loans the Future?

May 27, 2014<p>Embed<p>Noting that the residential mortgage origination process is often "fraught with anxiety" for consumers, CFPB Director Richard …

Billboard Tax Imposed on New York City’s Commercial Renters

<b>Companies with ads on New York’s billboards may find that tax collectors are their first customers.</b><p>New York City imposes a little-known commercial …

Reports: President Obama nominates new secretary of HUD

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License? We Don’t Need No Stinking License!

I know.<p>You’ve heard it from me, or your construction attorney, <i>ad naseum</i>.<p>When in doubt get a license.<p>We’ve paraded out the list of terribles:<p>If you …

Important Trends And Factors To Consider As Empty Nesters Downsize

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Federal court unseals rare False Claims Act complaint against home mortgage servicer

<b>In Brief</b><p><b>The complaint claims lender OneWest falsely certified that it made required disclosures to homeowners, leading the federal government to pay</b> …

CFPB Launches Pilot Program for Electronic Mortgage Closing Process

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Why Miami Hotel Prices Are Breaking Records

Bilzin Sumberg Baena Price & Axelrod LLPhttp://www.jdsupra.com/img/logo.gif

Ready to Print Your Next Building?

This past year I read an article on Forbes about the nascent 3D printing movement and a young man named Cody Wilson who literally printed himself a …

Agrihoods: The New “Farm-To-Table” Homebuilding Trend

Imagine driving down the paved street of a suburban community. Children are riding their bikes toward a neighborhood playground. Couples are walking …

Tenant’s Use – Illegal or Not?

<b>Impact on lease provisions of state laws allowing marijuana cultivation and distribution.</b><p>The State of California was a pioneer in legalizing the use, …

Beyond Real Estate: Publicly Traded Homebuilders (And Other Public Companies) Must be Aware of Cybersecurity and Data Breach Disclosure Requirements Applicable to SEC Filings

Generally speaking, publicly traded homebuilders and other public companies must disclose material information in their SEC filings. “Information is …

Lending Focus: Insurance Proceeds & Casualty Events

<b>Rebuilding After a Casualty</b><b>.</b> Recent events such as Hurricane Sandy confirm that commercial properties can incur substantial damage and that insurance …

Appellate Court Rules in Favor of Saudi Prince in Benedict Canyon Case

<b>Appellate Court Rules in Favor of Saudi Prince in Benedict Canyon Case</b> <i><br>Rejects arguments that ordinance requires environmental review</i><p>In the much …

CFPB Publishes Source Code for HUD-Approved Housing Counselors

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LIFE-CYCLE: A legal guide to developing, investing in and managing buildings sustainably (Global)

Real estate is a major consumer of resources. Everyone needs a place to live and work and we use real estate for that purpose. Modern life means that …

House Passes Energy Efficiency Bill

On March 5, 2014, the House of Representatives passed H.R. 2126, the “Energy Efficiency Improvement Act of 2014.” The bill was co-sponsored by …

Japanese Homebuilder Eyes Big Investment In U.S. Rental Housing Market

March 10, 2014<p>by Bilzin Sumberg Baena Price & Axelrod LLP<p>Embed<p>Earlier this week, Japan’s biggest homebuilder by market value, Daiwa House Industry …

CFPB Takes Enforcement Action Against Mortgage Lender for Alleged RESPA Violations

The CFPB announced it has entered into a consent order with a mortgage lender, engaged primarily in loss-mitigation refinancing, for violations of …

Congresswoman Urges OCC to Scrutinize Mortgage Servicing Rights Sales to Nonbank Servicers

Congresswoman Maxine Waters, who serves as the ranking member on the House of Representatives Committee on Financial Services, sent a letter to the …

President Releases FY 2015 HUD Budget

President Obama's fiscal year 2015 budget for the U.S. Department of Housing and Urban Development (HUD), released on March 4, 2014, increases …

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