News & Analysis as of

State and Local Government Housing Market Mortgages

Saul Ewing LLP

Philadelphia Increases Realty Transfer Tax Rate to 3.578% Starting July 1, 2025

Saul Ewing LLP on

Effective July 1, 2025, the realty transfer tax rate for properties or acquired real estate companies sold in the City and County of Philadelphia will increase to 3.578%, in addition to the Commonwealth of Pennsylvania realty...more

Orrick, Herrington & Sutcliffe LLP

Tennessee enacts new home loan rate

On April 28, the governor of Tennessee signed into law HB 908 to amend the maximum effective interest rate for home loans originated in the state. The new law sets the rate at four percentage points above the average prime...more

Cozen O'Connor

Broad Street Brief: City Council Examines HOME Initiative

Cozen O'Connor on

Mayor Cherelle Parker unveiled details about the programs to be funded by her signature Housing Opportunities Made Easy (HOME) Initiative on Monday. More than 75% of the $800 million bond amount will be allocated to seven key...more

Holland & Knight LLP

California's 2021 Housing Laws: What You Need to Know

Holland & Knight LLP on

As California's housing supply and homelessness crisis continues to worsen, the state Legislature has for the past several years passed numerous pieces of housing legislation in each legislative session. ...more

Ballard Spahr LLP

NMLS Reinstatement Period Now Open Through February 29

Ballard Spahr LLP on

The NMLS Reinstatement Period began on January 2, 2020, and will end on February 29, 2020. This period allows individuals and companies that failed to renew their licenses by December 31 to request renewal. ...more

Ballard Spahr LLP

Substitute House Bill No. 5490 Proposes Changes to Connecticut Banking Law

Ballard Spahr LLP on

Substitute House Bill No. 5490, an Act Concerning Consumer Credit Licenses, proposes to make changes to the Banking Law in Connecticut that would expand the banking commissioner's existing authority in the mortgage arena to...more

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