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Paul Hastings LLP

Permitting Reform Ramps Up in California With Introduction of ‘Housing Package’

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For years, California has often been held up as the poster child for enervating environmental regulation. A primary target of this criticism has been the California Environmental Quality Act (CEQA), the landmark legislation...more

Allen Matkins

Sustainable Development and Land Use Update 8.12.24

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On June 27, 2024, the California First District Court of Appeal affirmed the denial of a writ petition challenging the City of Lafayette’s determination that a 12-unit residential condominium building qualified for the Class...more

Allen Matkins

Sustainable Development and Land Use Update 3.19.24

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The Los Angeles Superior Court issued a highly anticipated ruling on March 4, 2024, addressing a Builder’s Remedy project denial by the City of La Cañada Flintridge. The decision confirms (i) that a local jurisdiction cannot...more

Rothwell, Figg, Ernst & Manbeck, P.C.

White House AI Order Balances Innovation And Regulation

On Oct. 30, President Joe Biden issued an executive order on safe, secure and trustworthy artificial intelligence. The executive order provides a sprawling list of directives aimed at establishing standards for AI safety...more

K&L Gates LLP

BTR Series Part 5: Debt Funds Options—NHFIC and Alternatives

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Investment in build to rent (BTR) residential developments is being driven by community and government demand, tax and other government incentives, longer term returns and lower maintenance costs and incentives compared to...more

Holland & Knight LLP

California Court of Appeal Affirms Powerful Litigation Tool for Defending Housing

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One of the key problems contributing to California's housing crisis is that it is relatively easy for housing opponents to file litigation challenging housing approvals, and even a completely meritless lawsuit can cause years...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Inflation Reduction Act of 2022: Energy/Climate Provisions

United States Senate negotiators reached an agreement on July 27th on the Inflation Reduction Act of 2022 (“IRA”). The 725-page bill would use fiscal year 2021 reconciliation instructions to raise revenue in order to fund...more

Jenner & Block

CFPB and other Federal Regulators Eye Regulation Aimed at Curbing Algorithmic Bias in Automated Home Valuations

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Late last month, the Consumer Financial Protection Bureau (CFPB) took another step toward adopting rules governing the use of artificial intelligence (AI) and algorithms in appraising home values. Specifically, the CFPB...more

Brownstein Hyatt Farber Schreck

California Governor Signs Into Law 31 New Housing Bills

California’s housing shortage is decades old and getting worse. Housing supply is limited and increasingly less affordable in the Golden State due to pressures such as population growth, high land costs, NIMBYism and...more

Allen Matkins

Sustainable Development and Land Use Update - December 2020

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Lawmakers weigh moratorium extension as eviction cliff looms - Palo Alto Online – December 8 - With California's eviction moratorium set to expire in less than 60 days and 2 million people at risk of losing their rental...more

Ballard Spahr LLP

Fannie Mae Updates Guidance on the Limiting of Servicing Advance Obligations

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In a prior alert, we reported that in view of the ability of mortgage loan borrowers to obtain payment forbearances under the CARES Act, the Federal Housing Finance Agency (FHFA) limited the advance obligation of Fannie Mae...more

Hogan Lovells

You can’t just wash your hands of it… A landlord and tenant’s guide to COVID-19 in the UK

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As hand gels and toilet paper fly off the shelves and children across the world cross their fingers for school closures, the COVID-19 strain of coronavirus has taken over the news. ...more

Robins Kaplan LLP

Financial Daily Dose 3.5.2020 | Top Story: HP Rejects Xerox’s Hostile Takeover Bid

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HP has officially rejected Xerox’s enhanced takeover bid, again calling the offer “too low” and decrying its “disproportionate[] benefit” for Xerox shareholders....more

Ballard Spahr LLP

NYDFS requires regulated institutions to submit plans describing preparations for LIBOR transition by Feb. 7

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The New York Department of Financial Services has sent a letter to the institutions that it regulates requiring each such institution, by February 7, 2020, to provide to DFS a description of its “plan to address its LIBOR...more

Ballard Spahr LLP

SEC Seeks Input on Asset-Level Disclosure Requirements for RMBS

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Securities and Exchange Commission Chairman Jay Clayton issued a public statement October 30, 2019, seeking market input on the asset-level disclosure requirements for SEC-registered residential mortgage-backed securities...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Walmart’s retail efforts to keep pace with Amazon are well documented.  Now it appears that the company’s refusing to concede the entertainment space, either, as evidenced by its new partnerships with Metro-Goldwyn-Mayer and...more

Ballard Spahr LLP

Industry trade groups urge HUD to make significant changes to its disparate impact rule; state attorneys general oppose changes

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The American Bankers Association jointly with state bankers associations, the American Financial Services Association, and the Mortgage Bankers Association are urging the U.S. Department of Housing and Urban Development (HUD)...more

Ballard Spahr LLP

Federal Housing Finance Agency Proposes GSE Goals

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The Federal Housing Finance Agency (“FHFA”) has proposed new single-family and multifamily housing goals for Fannie Mae and Freddie Mac (collectively, the “GSEs”) for 2018-2020....more

Orrick - Finance 20/20

FHFA Issues Final Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets

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On December 13, 2016, the Federal Housing Finance Agency (FHFA) issued a final rule implementing the Duty to Serve provisions mandated by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended...more

Holland & Knight LLP

West Coast Real Estate Update: October 2016 #1

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California Coastal Act Blocks Housing Project in Venice Despite Earlier Approvals - Judge James C. Chalfant of the California Court of Appeal on Sept. 29, 2016, affirmed a lower court ruling denying a developer’s petition...more

Bilzin Sumberg

Foreign Investors Still Stimulating Miami’s Real Estate Boom

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Miami, once the poster child for the recent housing bubble and subsequent crash, now has the strongest housing market in the U.S. and is one of the exclusive high-end real estate “export” economies in the world. This...more

Bilzin Sumberg

Homebuilding Trends Outlined in New Report

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Homebuilding strengthened in 2013, but remains below historical averages, concludes The State of the Nation’s Housing report recently released by the Joint Center for Housing Studies of Harvard University. According to this...more

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