The last executive of the Morris and Stewart families that founded and ran Stewart Title since its inception in 1893 has announced his departure. Matthew Morris, the president of Stewart Title and former CEO, announced his departure from the company, effective immediately.

Qualia has launched a cloud-based real estate platform designed for large and growing title and escrow operations, the company announced. Read on for more details.

Seila Law’s dispute with the Consumer Financial Protection Bureau (CFPB) over a civil investigative demand (CID) is not the proper case to decide the constitutionality of the bureau.

That’s according to the amicus brief filed Jan. 15 by court-appointed attorney Paul Clement, who will argue in support of the CFPB’s structure March 3 before the Supreme Court since the Department of Justice (DOJ) has chosen not to defend the constitutionality of the agency.

The Consumer Financial Protection Bureau (CFPB) has agreed not to bring supervisory or enforcement actions against Bank of America for its funding arrangements with Department of Housing and Urban Development (HUD) housing counseling agencies (HCAs) – even if the arrangements could be construed as referrals under RESPA Section 8 (a).

The bureau recently granted Bank of America’s request for a no-action letter (NAL)

Read on for details from Bank of America’s NAL – the first under the bureau’s revised NAL policy.

Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), was recently announced as special policy advisory at the New York Department of Financial Services. Former CFPB Director Richard Cordray’s second-in-command may be best known for being involved in a dispute with former acting director Mick Mulvaney over who was to lead the bureau after Cordray’s departure. Read on for more details.

The current owner of property in Pennsylvania brought suit against Pennsylvania state court judges, the Court of Common Pleas of Philadelphia County, the tax revenue bureau and chairwoman Nancy Kammerdeiner, alleging that the city of Philadelphia began foreclosure proceedings despite providing the city with accord and satisfaction. She argued she was unaware of the delinquent taxes on the property when she purchased it in 2007. Read on for more details.

In some golf communities, the additional buy-in fee can be more than $80K with annual fees as much as $30K, so the cost of amenities overrides the cost of real estate.

2020 will mark a 40-year high for new apartments – but 80% are luxury, a niche with light demand, and a smaller percentage will appeal to lower-income families.