According to a new First American Financial Company blog post, millennials are poised to surpass boomers as the largest generation and will be the major purchasers of their homes. Here’s what that will mean for the industry.
Read More »NAR Announces New Leadership Organization
The new structure is comprised of 10 new reorganized groups across NAR’s two offices in Chicago and Washington D.C.
Read More »Pennsylvania Appellate Court Rules that State Attorney General Cannot Seek Restitution Under State UDAP Statute
By Stephen M. Hladik, Esq. and Douglas Sullivan, Esq., Hladik, Onorato & Federman, LLP. In a major decision, the Pennsylvania Commonwealth Court ruled that the Attorney General cannot seek the remedy of consumer restitution under the Unfair Trade Practices and ...
Read More »SCOTUS Rules that Fair Debt Practices Act Does Not Apply to Time-Barred Proofs of Claims Filed in Bankruptcy Cases
By Jason K. Wright, Weltman, Weinberg & Reis On May 15, 2017, the Supreme Court of the United States (SCOTUS) issued a decision in Midland Funding, LLC v. Johnson, ruling that filing an obviously time-barred proof of claim in a Chapter ...
Read More »Two Bills That Affect Maryland Foreclosure Notices
By John Ansell, Rosenberg & Associates The Maryland legislature has passed House Bill 26 (“HB26”) which amends the foreclosure notice provisions contained in Maryland Real Property Article 7-105.2. HB26, slated to take effect on October 1, 2017, provides that notice ...
Read More »Mandatory E-Filing Comes to Illinois, Additional Rules and Amendments Anticipated
By Codilis & Associates, P.C. Mandatory electronic filing will be required by the Illinois Supreme Court and Appellate Courts effective July 1, 2017, and in all circuit courts effective January 1, 2018. Barring extensions to the mandate, once these deadlines ...
Read More »Handling a Property Code Violation in New Jersey Municipal Court
By Mario A. Serra, Jr. & Robert E. Smithson, Jr., Fein Such Kahn & Shepard Municipal court violations have become a more common occurrence for chancery practitioners over the past couple of years. Until recently, handling matters in these courts ...
Read More »Foreclosing the FHA Loan in Ohio Gets More Complicated
By Rick DeBlasis, Lerner, Sampson & Rothfuss The FHA promissory note and mortgage widely in use today limit a lender’s right to accelerate by first requiring compliance with HUD regulations. The FHA Note provides, “In many circumstances regulations issued by ...
Read More »Illinois Appellate Court Holds that the Statute of Limitations for TILA Counterclaims to Debt Collection Actions is not Indefinite
By: Ryan Sawyer – Codilis & Associates, P.C. Section 1640(e) of the Truth in Lending Act provides that any action under the TILA may be brought “within one year from the date of the occurrence of the violation . . ...
Read More »National Real Estate Solutions Names New COO
Denia Graham served as President of Nations Property Solutions, Executive Consultant for Aspen Grove Solution, COO at Tenant Access, and SVP for Field Asset Services.
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