From the category archives:

Electronic Closings

Massachusetts Real Estate Law Year In Review: Top Posts Of 2009 And Predictions For 2010

by Richard D. Vetstein, Esq. December 28, 2009 Closings

In the spirit of the New Year, let’s look back at the top legal issues of the past year and peer into the crystal ball for a glimpse at 2010.
Top 5 Posts For 2009
#1. The Catch-22 Impact of New Fannie Mae Condominium Regulations. In January, Fannie Mae was the first government agency to drop a [...]

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Are You Ready For Some RESPA Reform? Part I, An Overview Of The New Regulations

by Richard D. Vetstein, Esq. November 17, 2009 Closings

New, sweeping changes regulating how lenders, closing attorneys and title companies disclose loan and closing costs are set to go into effect January 1, 2010. The new regulations are part of a long awaited reform to the 30 year old Real Estate Settlement Practices Act known as RESPA aimed at providing greater transparency and fostering [...]

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Electronic Real Estate Closings (E-Closings): The Future Of The Real Estate Closing Industry

by Richard D. Vetstein, Esq. September 25, 2009 Closings

An excited young couple about to close on their first home walk into into the closing attorney’s office. The day before they received via secure email all of the loan documents to review and approve with their personal attorney. The closing attorney arrives without any paper, armed only with a laptop attached to a digital [...]

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- @BostonFineHomes that would be great. how about getting together for Titlehub e-closing demo? http://ow.ly/1oOGc 2010/03/20
- interesting, but misguided commentary on my post on choosing #realtor on Boston.com. Stop bashing agents! http://ow.ly/1oOCP 2010/03/20
- New Blog Post: Guest Post: Massachusetts Mortgage Rate Weekly Report by Brian Cavanaugh of Smarterborrowering.com http://bit.ly/9r7Hfa 2010/03/18
- Now that FHA spot approvals are done, looking to talk with lenders about DELRAP approval process for blog post. #fha #mortgage 2010/03/17
- New Blog Post: A Real Estate Attorney's Guide To Choosing A Massachusetts Real Estate Broker http://bit.ly/bCQeud 2010/03/16
Boston.com Real Estate Now With Contributing Blogger Richard Vetstein
- Condo rule enforcement March 19, 2010
  I have seen some questionable condo rules in my day. I have heard of even more. I have seen rules that require: The outward facing side of all curtains had to be white or off-white. No flags, furniture or satellite... […]
- Home buyer tax credit set to sunset? Don't bank on it March 19, 2010
  This could very well be the biggest real estate industry con since the bubble years. What's touted as the final deadline for cashing in on the home buyer tax credit looms just six weeks away. And the real estate industry... […]
- Condo owner's right to rent March 18, 2010
  From the email, Jason asked: We just bought a condo in a new condo conversion in July. We are a new association and fine tuning the condo docs to fit the original owners and making sure everything is in place.... […]
- Have $7.9 million to spare? Manny finally serious about selling, broker says March 18, 2010
  Really? Is this guy ever serious about anything? Leaving that larger cosmic question aside, former Sox slugger turned Dodger Manny Ramirez is finally ready to cut a deal and sell his 4,500-square-foot penthouse atop one of Boston's top condo towers,... […]
- A real estate attorney’s guide to choosing a Realtor March 17, 2010
  Attorney Richard D. Vetstein. was going to write about Acts of God, but he was too busy bailing out his basement. Instead, he gives advice on finding an agent: Step 1: Search, Create A List, Do Your Due Diligence. You’ll... […]

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- Fed Ends Exemption Aimed at Adding Mortgage Liquidity (Update2) March 19, 2010
  The Federal Reserve Board today removed an exemption it had given to six banks at the start of the financial crisis in 2007 aimed at boosting liquidity in financing markets for mortgage- and asset-backed securities....(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]
- House GOP calls for Fannie, Freddie phase out March 19, 2010
  WASHINGTON (Reuters) - Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market....(read more)Forward this article via email: […]
- FHA Hires Compliance Manager to Oversee Inventory of 'HUD Homes' March 19, 2010
  Contract designed to reduce risk and increasing return on resale of property...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]
- Freddie Mac & Fannie Mae Update HVCC FAQs : Appraisal Insight March 19, 2010
  "The government sponsored enterprises (GSE), Fannie Mae and Freddie Mac, recently updated their Home Valuation Code of Conduct (HVCC) frequently asked questions (FAQ). Both GSEs state that while there may be some differences with two sets of FAQs in terms......(read more)Forward this article via email: Send a copy of this story to someone you know that […]
- Fannie/Freddie/FHA Loan Volume Falling Fast March 19, 2010
  Fannie Mae took a big scissors to its forecast for residential investment (mortgage funding) this quarter. A month ago they thought the it would rise 2.8 percent in Q1, but now they're saying it could drop 17.2 percent. That's some change....(read more)Forward this article via email: Send a copy of this story to someone you know that may want to r […]