This article examines the presence of Fannie Mae and Freddie Mac in the housing industry, yesterday, today and the changes ahead.
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.
This article examines the presence of Fannie Mae and Freddie Mac in the housing industry, yesterday, today and the changes ahead.
Conroy v. Wells Fargo Bank, N.A. Facts: After refinancing a residential mortgage secured by a deed of trust, a borrower experiences a substantial drop in income and defaults on their mortgage. The borrower applies for a mortgage modification multiple times. During...
Our proposal to resurrect the California Department of Real Estate’s (DRE’s) Code of Ethics.
Deutsche Bank National Trust v. Pyle Facts: A property owner obtains a mortgage secured by a trust deed on their property. The owner later defaults on the mortgage. The property is sold at a trustee’s sale and a trustee’s deed is recorded. The owner files a court...
California prohibits discrimination based on gender identity or sexual orientation through the Unruh Civil Rights Act.
California legislatures are considering two bills that will impact renters.
Our proposal to mandate agent disclosure of known tax consequences of a transaction.
No more will old disciplinary actions haunt a licensee in perpetuity.
Our proposal to eliminate the MID and increase mortgage payment assistance.
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.”