Jeffery Marino | firsttuesday Journal

Sunset provision for common interest development (CID) manager regulations is extended

Posted by Jeffery Marino | Feb 9, 2011 | New Laws, Real Estate |

A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For our archive of the Legislative Watch for years past, click here.

The FHA — a flipper’s best friend

Posted by Jeffery Marino | Feb 9, 2011 | Loan Products, Real Estate |

Flippers rejoice! The Federal Housing Administration (FHA) will continue supporting your churn-and-burn efforts through 2012. Prior to February 2010, the FHA effectively suppressed damaging speculator influence on prices in the...

The generations have spoken, who will listen?

Posted by Jeffery Marino | Feb 9, 2011 | Real Estate |

For Generation Y (Gen Y), the sons and daughters of the Boomers, conceptions of the home are changing. According to survey data recently presented at the National Association of Homebuilders conference, the progeny of the Baby...

The Fed flexes its ARM muscles

Posted by Jeffery Marino | Feb 4, 2011 | Real Estate |

The Federal Reserve Bank (the Fed) is sticking to its word to enforce consumer protection requirements now that the Dodd-Frank amendments to the Truth in Lending Act (TILA) have gone in to effect. As of January 30, 2011, TILA...

A lender’s oral promise to negotiate a loan modification with a homeowner is enforceable

Posted by Jeffery Marino | Feb 2, 2011 | Real Estate, Recent Case Decisions |

A homeowner obtained an adjustable rate mortgage (ARM) from a lender and was unable to make the monthly payments after the loan was reset to fully amortize. The homeowner defaulted and the lender initiated foreclosure...