by Michael Baird | Dec 15, 2022 | Real Estate Law
Merry Christmas from everyone here at BairdLaw! This year, December 25, 2022 will fall on a Sunday. Many offices will observe the Christmas holiday on Monday, December 26, 2022. However, 12/26/22 is still a business day for rescission and CD delivery purposes....
by Michael Baird | Jun 18, 2021 | Real Estate Law
Juneteenth Impact Update Yesterday, we sent a Law Letter regarding the impact of the new Federal Holiday, Juneteenth National Independence Day. This new Federal holiday is June 19 and will be celebrated in 2021, which will have an impact on Closing Disclosure review...
by Michael Baird | Jun 17, 2021 | Real Estate Law
Today, President Biden signed the Juneteenth National Independence Day Act, S. 475, which amends 5 U.S.C. 6103(a) to add “Juneteenth National Independence Day, June 19”. This creates a new federal holiday: Juneteenth National Independence Day. This bill is effective...
by brandon | Aug 26, 2020 | Real Estate Law
On August 25, 2020, the Federal Housing Finance Agency (FHFA), which regulates Fannie Mae and Freddie Mac, announced the adverse market refinance fee implementation would be delayed until December 1, 2020. Additionally, the FHFA announced that refinances with loan...
by brandon | Aug 18, 2020 | Real Estate Law
Fannie Mae, in Lender Letter (LL-2020-12), has announced that an “Adverse Market Refinance Fee” will be imposed on certain loans purchased on or after September 1, 2020. The new fee comes as a loan-level price adjustment of 50 basis points (0.500%)...
by brandon | Apr 30, 2020 | Real Estate Law
Yesterday, we sent a law letter announcing Governor Abbott’s suspension of the in-person requirement for traditional notarizations. We have received a number of inquiries as to whether this order suspends the requirement that home improvement loans or home...
