The real estate industry is undergoing seismic changes, and the recent NAR Sitzer lawsuit has turned the world of real estate commissions on its head. Whether you’re a broker, an agent, or someone looking to buy or sell a home, understanding these changes is crucial to navigating the new landscape. The Landmark Sitzer...
Thursday, August 29, 2024
29
Aug
29
Aug
Effective December 1, 2025, certain individuals involved in real estate closings and settlements are going to be required to report and maintain records on non-financed transfers of residential real property to legal entities and trusts pursuant to this Final Rule, 31 CFR Chapter X, RIN 1506-AB54.Key Points:Reporting...
Tuesday, August 13, 2024
13
Aug
Attorney Andrew Lieb's CLE course through Lawline on “Navigating Failure-to-Accommodate Housing Discrimination Lawsuits.” has hundreds of 5 star reviews! Attorneys can register for the 2 Credit CLE here. OverviewDiscrimination litigation is happening everywhere, every day, across the United States. Did you know that a...
Job description: Associate Attorney or Senior Associate AttorneyRole Overview:Lieb at Law, P.C. is a small but powerful firm, tackling high-stakes cases that require both sharp legal expertise and a hands-on approach. We are seeking an Attorney with over 4 years of litigation experience, particularly in complex motion...
Wednesday, August 07, 2024
07
Aug
DOJ just launched the Corporate Whistleblower Awards Pilot Program to reveal and prosecute corporate crime. Companies should take advantage of Self-Disclosure to earn a presumption of a declination – avoidance of prosecution – by voluntarily notifying the DOJ of corporate misconduct initially reported to them by internal...
Thursday, July 25, 2024
25
Jul
In ruling that College Athletes may be entitled to sue for unpaid compensable work and recover minimum wages, plus double damages called liquidated damages, and attorneys' fees, for the prior 2-years (3-years if violations were found to have been willful), the 3rd Circuit Court of Appeals, in Johnson v. NCAA, held "that...
Wednesday, July 24, 2024
24
Jul
Whistleblowers are not blocked from NDAs.The
Consumer Financial Protection Bureau (CFPB) released Consumer Financial Protection Circular 2024-04, which warns that NDAs may violate whistleblower laws if they do not have appropriate carve-outs.
A
provision of the Consumer Financial Protection Act (CFPA) safeguards
whistleblowers...
Monday, July 22, 2024
22
Jul
On July 18, 2024, the Consumer Financial Protection Bureau and 4 other government agencies issued guidance to financial institutions about Reconsiderations Of Value (ROVs) in the real estate lending process to avoid litigation for deficient valuations. ROVs are valuation reports, which includes reconsideration...
Tuesday, July 16, 2024
16
Jul
Welcome to the age of AI Discrimination Regs. Do you have an auditing program in place? On July 11th, 2024, the New York State Department of Financial Services (DFS) released Circular Letter No. 2024-7 about the expectations for insurers in NYS regarding the use of Emerging Consumer Data & Information Sources...
Thursday, July 11, 2024
The Consumer Financial Protection
Bureau (CFPB) proposed new rules on July 10, 2024 that would obligate large mortgage servicers
to help homeowners/borrowers avoid foreclosure, expand access to borrowers
seeking mortgage payment assistance, and strengthen communication between
borrowers and servicers.These rules would...