Compliance Alerts

The Tennessee legislature recently amended its laws governing condominium unit owner’s association liens, effective June 1, 2016, and certain provisions of the Tennessee Identity Theft Deterrence Act of 1999 (“Act”),...

The Wisconsin legislature recently enacted a new chapter under its laws affecting property entitled Wisconsin Digital Property Act (the “Act”); and also amended existing statutes to incorporate a reference to...

The Utah legislature recently amended certain provisions related to foreclosure of residential rental property and non-judicial foreclosure.  Both bills discussed in this memorandum are effective May 9, 2016.   UTAH SENATE BILL...

The Utah legislature recently amended certain provisions of its Mortgage Lending and Servicing Act (the “Act”) and various provisions of the law relating to real estate.  Both bills discussed in...

OCC BULLETIN 2016-8 The Office of the Comptroller of the Currency (“OCC”) issued Bulletin 2016-8 dated March 4, 2016, to provide the interagency advisory on the use of evaluations in real...

Twenty Eleven, LLC v. Michael J. Botelho, et al., 2015 R.I. LEXIS 112 (DatedDecember 4, 2015) The Rhode Island Supreme Court recently upheld a law that allows condominium associations to foreclose...

The Colorado Department of Regulatory Agencies, Division of Real Estate (“Division”), recently promulgated rules related to mortgage loan originator licensing, effective March 1, 2016. COLORADO 4 CCR 725-3   Requirement for Original Licensure An...

The Illinois legislature amended the Code of Civil Procedure related to mortgage foreclosures, the Counties Code to add a section for a foreclosure property pilot program to be implemented in...

The Alabama legislature has amended its statutes relating to redemption of certain real property foreclosed under a mortgage or sold by virtue of a judgment, effective January 1, 2016.   ALABAMA SENATE...