 |
 |
 |
 |
 |
Understanding the accessibility, reasonable modifications and reasonable accommodations requirements of state and federal civil rights laws such as the Pennsylvania Human Relations Act (PHRA), the Americans with Disabilities Act (ADA), and the Fair Housing Act (FHA), is increasingly important with the growing aging population and returning injured veterans, according to Sharon Lane, assistant chief...
Read more »
The rule is intended to protect lesbian, gay, bisexual and transgender (LGBT) individuals against discrimination by keeping rental housing and home ownership properties open to all. HUD’s proposed rule will prohibit inquiries about a prospective renter’s or homebuyer’s sexual orientation or gender identity.
Read more »
Under RESPA (Real Estate Settlement Procedures Act), should a lender list a charge for appraisal on the Good Faith Estimate (GFE) if the firm is using a prior appraisal that will not be charged to the borrower?
Read more »
The real estate industry faces “an enormous trust deficit with the next generation of homebuyers,” according to David H. Stevens, assistant secretary of housing at the U.S. Housing and Urban Development (HUD) and commissioner of the Federal Housing Administration (FHA).
Read more »
The PA Senate passed Senate Bill 1481 today, moving it to the House of Representatives for consideration. The bill, introduced by Sen. Wayne Fontana (D-Allegheny), a REALTOR®, would prohibit all future private transfer fees and create reporting and disclosure requirements on the administrators of the private transfer fees that already exist.
Read more »
Nine months after the mortgage industry was forced to adopt new Good Faith Estimates (GFE) and HUD-1 forms, Bankrate.com reports that the new forms are working, providing consumers with more accurate closing cost estimates.
Read more »
FHA will offer the new FHA-insured mortgage to certain “underwater” non-FHA borrowers who are current on their existing mortgage and whose lenders agree to write off at least 10 percent of the unpaid principal balance of the first mortgage.
Read more »
Pennsylvania property owners and their Bucks County management company were charged with housing discrimination by the U.S. Department of Housing and Urban Development (HUD) this week.
Read more »
Fees paid to brokers/REALTORS® for “marketing” home warranties to sellers or buyers are illegal kickbacks or referrals and are prohibited under the Real Estate Settlement Procedures Act (RESPA), according to an announcement last week from the U.S. Department of Housing and Urban Development (HUD). The ruling took effect immediately.
Read more »
Saturday, Feb. 4, 2012
