Real Estate News – August 6, 2012




HOA wants disabled woman’s service dog to run in rocks (via Gazette.com): http://ow.ly/cKWDO


Banks coming back home in apartment boom (via StarTribune.com): http://ow.ly/cKWIo


The official overseeing the vast pool of mortgages held by Fannie Mae and Freddie Mac has defied the White House and more than 100 members of Congress for the second time by formally rejecting a plan to use bank bailout funds to write down principal balances for underwater homeowners (via economywatch.nbcnews.com): http://ow.ly/cKWSO


The parents of U.S. Olympic gold-medal swimmer Ryan Lochte cheered their son on in London this week, but they were also embroiled in a foreclosure lawsuit back home in the states (via abcnews.go.com): http://ow.ly/cKX3yv


The Nebraska Supreme Court is giving an Omaha couple another chance to make the case that they were ordered unfairly by their homeowner’s association to shutter their home-based child care service (via journalstar.com): http://ow.ly/cKXhL


Borrowers who think they were the victim of foreclosure abuses or mistakes involving their primary residence in 2009 or 2010 now have until Dec. 31 to request a free and impartial foreclosure review to determine whether they’re eligible for some type of remedy. The previous deadline was Sept. 30 (via StarTribune.com): http://ow.ly/cKXq7


On Wednesday, the U.S. House of Representatives passed HR 2446, The RESPA Home Warranty Clarification Act, which would officially remove home warranties from the settlement services restricted under the Real Estate Settlement Procedures Act (RESPA). If the legislation is signed into law, real estate professionals could market home warranties more easily to consumers once again (via REALTORMag): http://ow.ly/cKXwU



 

Posted in Blog, Real Estate Law