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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Privacy

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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 …

Mortgages

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 …

Privacy

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 …

Retirement

Reports: President Obama nominates new secretary of HUD

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Privacy

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 …

Federal

Important Trends And Factors To Consider As Empty Nesters Downsize

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Privacy

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

April 3, 2014<p>Embed<p>Imagine driving down the paved street of a suburban community. Children are riding their bikes toward a neighborhood playground. …

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

March 17, 2014<p>Embed<p>Generally speaking, publicly traded homebuilders and other public companies must disclose material information in their SEC …

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

March 12, 2014<p>by Jeffer Mangels Butler & Mitchell LLP<p>Embed<p><b>Appellate Court Rules in Favor of Saudi Prince in Benedict Canyon Case</b> <i><br>Rejects arguments</i> …

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)

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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>Embed<p>Earlier this week, Japan’s biggest homebuilder by market value, Daiwa House Industry Co., announced its plan to invest ¥ 150 …

CFPB Takes Enforcement Action Against Mortgage Lender for Alleged RESPA Violations

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

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President Releases FY 2015 HUD Budget

March 7, 2014<p>Embed<p>President Obama's fiscal year 2015 budget for the U.S. Department of Housing and Urban Development (HUD), released on March 4, …

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Drones And HOAs: How Homeowners Associations And Condominium Associations Can Be Prepared To Deal With The New Technology

Amazon.com’s recent announcement – that in the future it may utilize unmanned drones to deliver packages to individual residences – has created a …