McShannock v. JP Morgan Chase Bank
Does a national bank on acquiring a mortgage originated by a federal savings association need to pay interest on an impound account?
read more
Due Diligence and Disclosures
Get the most for your clients and protect your hard-earned fee by reviewing the forms you’ll encounter in brokerage services. Stay current on the latest news, videos, forms, and updates for Due Diligence and Disclosures.
Latest Articles
DFPI Bulletin Digest: January 2021
The January 2021 DFPI Bulletin focuses on new laws, annual report deadlines, and California’s newly launched COVID-19 Relief Grant Program. The California Department of Financial Protection and Innovation (DFPI, formerly the Department of Business Oversight),...
SB 1190 expands domestic violence lifeline for tenants
As the COVID-19 pandemic stretches into its second year, California health officials are attempting to slow the spread with safer-at-home restrictions. However, for survivors of domestic abuse, home is often the most dangerous place. On September 28, 2020, Governor...
AB 3182: New California HOA Rental Restrictions
On September 28, 2020, Governor Newsom signed AB 3182 into law, ending homeowner’s association (HOA) restrictions on rental units. This bill may greatly affect rental restrictions in community associations throughout California since it disallows associations from...
Sacramento’s plans to house California’s missing middle
With the passage of AB 725, California intends to soon house it’s ‘missing middle’ population.
New stimulus deal arrives, but won’t repair the economy
With much public disagreement and little time to spare, Congress has finally reached a deal for a new economic stimulus package.
Brokerage Reminder: Home inspectors – the buyer’s choice
Brush up on the ins and outs and the importance of home inspections.
Eviction and foreclosure moratorium extended on federally-backed mortgages
Temporary relief is in sight for homeowners with single-family federally backed mortgages as the foreclosure moratorium is extended through January.
Foreclosure requirements shift in California
Lawmakers are shaking up Wall Street with the signing of a new law aimed at changing the foreclosure process in California.
Errata & Updates
Chapter 2: The MLS environment. The updated statutory Agency Law Disclosure
and confirmation provision went into effect the beginning of 2019. Both the
content of the form and when it is to be used have been modified. For a
thorough analysis of the new disclosure and confirmation practices, see the
January 2019 article, What you need to know about the refreshed – and mostly
improved – Agency Law Disclosure.
Chapter 32: The breaching buyer’s responsibilities. The first subhead on page
350 should read “Interest depends on property use.”