INDUSTRY UPDATES
Calculated Risk by Bill McBride Here is an example flop from Zillow. This home is at 271 Capella Ave in La Habra California. It is listed by Active Realty (that seems to…
To provide an optimum user-friendly experience, the Financial Crimes Enforcement Network has launched enhancements and improved capabilities to their e-filing system in 2021. These modernizations will centralize the private side homepage and…
Lender and Servicer Alert By Bruce J. Bergman October 15, 2021 CONDO LEGAL FEES – PAYABLE EVEN IF LIEN SMALL Foreclosure of a condominium common charge lien is pursued in the form…
Starting Oct. 28, a new $67 user fee will apply to any estate that requests a closing letter for its federal estate tax return. The new user fee was authorized under final…
Contributed by: James Thanasules New Federal Law Requires LLC Disclosure https://www.forbes.com/sites/joshuastein/2021/02/18/new-federal-law-requires-llc-disclosure/ Contributed by: Bill Collins Zillow’s I-Buying Algorithm Was Too Optimistic (curbed.com) Why American Cities Lost Their Public Bathrooms – Bloomberg…
Mortgage Foreclosures/Licensed “Debt Collection Agency” Under Section 20-490 (“License required”) of New York City’s Administrative Code (“Code”), “[i]t shall be unlawful for any person to act as a debt collection agency without…
The New York State Department of Financial Services has released a new regulation regarding the Continuing Education courses that all non-attorney licensed title agents must take. New Section 20.7 of Regulation 11…
LAKE SUCCESS, N.Y. – AUG. 24, 2021 – Core Title Services, a modern New York real estate title company specializing in high-end residential and commercial closings, can now accept Bitcoin and select…
Contracts of Sale/Caveat Emptor The certificate of occupancy for a barn on property in the Town of Farmington was voided because the barn encroached onto adjoining land. After the sale of the…
New York City News Tax Lien Sale The New York City Department of Finance has scheduled a sale of tax liens on November 17th, 2021. The sale of tax liens to third…