Monthly Archives: February 2011

9th Circuit Court of Appeals Finds City’s Preservation of Industrial Zoned Land for Industrial Uses May Impose a Substantial Burden on Religious Exercise for Church Desiring to Locate There

In 2006, the International Church of the Foursquare Gospel found and signed a purchase and sale agreement for a two-parcel property in San Leandro. The property was located in an Industrial Park zoning district and within the “West San Leandro … Continue reading

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Lawyer’s Suit Against Developer Claims Condo Was Missing 109 Square Feet

Rishi Bhandari agreed to pay $795,000 for a two-bedroom apartment in a building being converted to condominiums, the New York Times reports. Shortly before closing, he noticed the unit was smaller than he expected. The bedrooms, living room and kitchen … Continue reading

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Details Emerge for Fannie Mae Grading System Servicers

Fannie Mae released more details of its new mortgage servicer evaluation program Wednesday afternoon, ultimately laying out plans to align the grades with compensation. The government-sponsored enterprise announced Wednesday at the Mortgage Bankers Association Servicing conference its new two-part Servicer … Continue reading

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New Fed Rule for Mortgage Brokers

The new rule is known as the Loan Originator Compensation amendment to Regulation Z, part of a strengthened Truth in Lending Act passed by Congress in 2008. Designed to prevent consumers from being steered into high-cost, risky loans, it covers … Continue reading

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Bernanke Says Dodd-Frank Law Is ‘Major Step Forward’

Federal Reserve Chairman Ben S. Bernanke said the central bank is working “expeditiously” to enact the overhaul of U.S. financial regulation signed into law last year. “The Dodd-Frank Act is a major step forward for financial regulation,” Bernanke said in … Continue reading

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OH Appeals Court Finds Application by Adult Entertainment Establishment Not Subject to Nonconforming Use Regulations but Application was Otherwise Defective

Plaintiff operated an adult-entertaining establishment and sought to expand its building’s office and add a bar area. Township had previously passed zoning resolutions to regulate the zoning of adult-entertainment businesses. The permit application was denied and plaintiff appealed.  Township concluded … Continue reading

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Judge Axes Foreclosure, Bans Do-Over, Holds Lawyer in Contempt; Fannie Mae Pulls Files from Firm

  Last week clearly was not a good one for Ben-Ezra & Katz. The south Florida law firm was terminated from the mortgage foreclosure cases in which Fannie Mae is involved. And on Friday a Miami-Dade Circuit Judge held the … Continue reading

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