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Vetstein Law Group: A Tale Of Two Opinions: Mass. AG Sues Major Banks and MERS Over Foreclosure Mess While Federal Judge Upholds MERS System

By Richard D. Vetstein, ESQ "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness..." - Charles Dickens, A Tale of Two Cities AG Martha Coakley Files Major Civil Action Against Big Banks First, the big news. Attorney General...

Recent Changes to Real Estate-Related Laws Reflect Continuing Housing Woes

By Andrea Lee Negroni, Esq. and Mary M. Pfaff The continuing downdraft in the housing economy has stimulated adoption of a wide variety of consumer protection provisions in real estate laws and statutory requirements for accountability by lenders, real estate brokers, loan servicers, appraisers and...

Real Cases in Real Estate By Andrea Lee Negroni, Esq. – May 21st, 2012 Update

Real Cases in Real Estate is a weekly update on real estate law, with legal principles illustrated and explained by lawsuits from around the country. The topics are wide-ranging for appeal to a broad spectrum of readers including lawyers, homeowners, investors and the general public. Andrea Lee...

Troutman Sanders LLP: CFPB Announces Plan to Implement New Rules for Mortgage Industry

By John C. Lynch , Ethan G. Ostroff and David M. Gettings The Consumer Financial Protection Bureau (CFPB) announced yesterday that it will be taking steps over the course of 2013 to focus on the mortgage industry's compliance with new consumer protections. The 2010 Dodd-Frank Act required the...

Another Exception to Fraud and Contract Don’t Mix

Here at Construction Law Musings, we've discussed the fact that, in Virginia, the "economic loss rule" generally renders claims of fraud and construction contracts like oil and water . This is true in most states, including Florida . What this means is that as a general rule where any...

Caveat Venditor – Let the (Real Estate) Seller Beware: Consumer Protection Procedures Act Strikes Again in the District of Columbia

By Roger D. Winston, Shelah F. Lynn, and Timothy P. Martin A recent court decision emphasizes the need for real estate developers to proceed with caution when making representations to potential home buyers in the District of Columbia, as well as in other jurisdictions with similar consumer protection...