News & Analysis as of

Fair Housing Act (FHA) Real Estate Transactions

Troutman Pepper Locke

HUD and OMB Effectively Disband the PAVE Task Force

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On July 10, the U.S. Department of Housing and Urban Development (HUD) and the Office of Management and Budget (OMB) jointly announced the effective disbandment of the interagency Property Appraisal and Valuation Equity...more

Miller Starr Regalia

Anti-Discrimination And Disability Rights In Real Estate: Past, Present, And Future

Miller Starr Regalia on

Despite decades of legislative progress, individuals with disabilities continue to face significant barriers in finding fair and accessible housing. From inaccessible design to unlawful denials of reasonable accommodations,...more

Troutman Pepper Locke

Maryland Ramps Up Fair Housing Enforcement

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Maryland Attorney General (AG) Anthony G. Brown recently announced three settlements with real estate and property management companies, resulting in more than $310,000 in combined civil penalties and restitution. Brown...more

Orrick, Herrington & Sutcliffe LLP

Maryland attorney general announces three housing settlements

On May 20, the Maryland Office of the Attorney General announced three significant actions to enforce both Maryland and federal fair housing laws. The attorney general’s efforts resulted in three major settlements by the...more

Clark Hill PLC

Recent Changes to Illinois Real Estate Law Affecting Landlords, Tenants in 2025

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2025 brought over 300 changes to the laws of the State of Illinois. Some of these new laws impact the relationship between landlords and tenants and also impose further restrictions on condominium associations. At the start...more

Orrick, Herrington & Sutcliffe LLP

Washington, D.C., enacts the Fairness and Stability in Housing Amendment Act of 2024

On January 16, the Council of the District of Columbia enacted the “Fairness and Stability in Housing Amendment Act of 2024” to amend housing-related laws including the District of Columbia Housing Finance Agency Act, the...more

Ballard Spahr LLP

FHA Seeks Comment on Third Party Originator Fraud With Short Comment Timeframe

Ballard Spahr LLP on

On June 17, 2024, FHA announced in draft Mortgage Letter 2024-12 a proposed revision to its Defect Taxonomy to clarify that fraud or material misrepresentation involving a sponsored Third-Party Originator (TPO) is a Tier 1...more

Troutman Pepper Locke

New Policies From FHA and FHFA Allow Borrowers to Challenge Property Appraisals

Troutman Pepper Locke on

On May 1, the Federal Housing Administration (FHA), and the Federal Housing Finance Agency (FHFA) announced new policies that will allow borrowers to challenge property appraisals they believe to be inaccurate or biased....more

Holland & Knight LLP

Update on Florida Law Limiting Persons from "Foreign Countries of Concern"

Holland & Knight LLP on

Florida enacted Senate Bill (SB) 264 in May 2023, creating Chapter 692, Florida Statutes (the Act), to limit select persons from "foreign countries of concern" from owning, having a controlling interest in or acquiring an...more

Bilzin Sumberg

Florida Law on Foreign Ownership of Real Property Survives For Now – Compliance Still an Issue

Bilzin Sumberg on

On August 17, 2023, Judge Allen Winsor of the U.S. District Court of the Northern District of Florida denied the Plaintiffs’ motion for temporary injunction in Shen v. Simpson, Case No. 4:23-cv-208-AW-MAF, the pending...more

McGlinchey Stafford

New Opportunities for Lenders and Borrowers under Special Purpose Programs

McGlinchey Stafford on

Problems with lack of affordability and access to housing are longstanding in the U.S. The CFPB has indicated that “minority households… continue to lack fair and equitable access to credit,” including mortgage lending. These...more

Goodwin

Far Beyond Real Estate: The Real Impact of Florida’s SB 264

Goodwin on

On May 8, 2023, Florida Gov. Ron DeSantis signed into law Senate Bill 264: Interests of Foreign Countries (SB 264), effective July 1, 2023. The law may affect not only traditional real property owners and investors but also...more

Bilzin Sumberg

Enter the Fray: Florida Restricts Certain Foreign Ownership of Real Property

Bilzin Sumberg on

Lawsuit Against Florida Law Restricting Certain Foreign Ownership of Real Property Set for Hearing This Week, DOJ Supports but 12 States Oppose - On July 1, 2023, SB 264 (Chapter No. 2023-33, Laws of Florida) took effect....more

Nelson Mullins Riley & Scarborough LLP

DOJ Redlining Initiative Revealed

For the past six months, we have received calls from banks and non-depository mortgage lenders regarding Department of Justice (“DOJ”) investigations into mortgage lending discrimination. These DOJ inquiries are bypassing the...more

Dentons

Navigating the Fair Housing Act and Iowa Landlord-Tenant Law during COVID-19

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In light of COVID-19, landlords, property managers, homeowners’ associations, and others in the business of renting or selling residential properties are in uncharted territory. Landlords are asking what can and should be...more

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