The Foreign Investment in Real Property Tax Act, commonly known as FIRPTA, was originally enacted by Congress in 1980. Congress created FIRPTA based on reports that non-U.S. investors (investors without… read more →
On January 7 we posted a blog about the property located at 4395 Pine Tree Drive that sold for $19.48 million to an anonymous buyer. We discussed the benefits of using… read more →
The eight bedroom, eight bathroom, 11,500 square foot spec mansion at 4395 Pine Tree Drive recently sold for $19.48 million. Apparently the new owners wanted to remain anonymous and title is… read more →
The Consumer Financial Protection Bureau (CFPB) issued a letter allaying concerns of mortgage bankers about potential liability and actions by regulators for errors in implementing the integrated disclosure rule.… read more →
It has now been a little over 2 months since the CFPB’s Know Before You Owe TILA-RESPA Integrated Disclosures (TRID) went into effect and several reports show that the number… read more →
Since 2012, Secure Insight has vetted and monitored nearly 15,000 settlement agents in all 50 states, Puerto Rico and the US Virgin Islands. During that time period these agents closed… read more →
Moody’s Investors Services reported that several third-party firms found TRID violations in more than 90 percent of the loans that were audited. The data is based on approximately 300 loans… read more →
Sellers in Spring Hill, Florida were convicted of wire fraud by a federal jury and face the possibility of up to 20 years in prison. According to Florida Realtors® the… read more →
The Home Affordable Refinance Program was introduced a few years ago to help homeowners who were upside down on their mortgages take advantage of lower interest rates. However, few homeowners… read more →