Effective May 1, 2009, Freddie Mac no longer purchases home mortgages from sellers that do not follow the Home Valuation Code of ... Read More
FRAUD CLAIMS ACT USED TO COMBAT FRAUD IN STIMULUS PROJECTS
It is expected that the Federal False Claims Act (FCA) will be used to combat false and fraudulent activity in stimulus projects. The current FCA, 31 ... Read More
STIMULUS PROJECTS – POTENTIAL FOR ABUSE AND MISTAKES
Federal, state and local governments understandably want to quickly implement stimulus projects to put people back to work, jump start the economy and ... Read More
CHANGES TO ANTI-DEFICIENCY STATUTES WON’T GO INTO EFFECT
Governor Brewer repealed the changes to the anti-deficiency statute that were set to go into effect on September 30, 2009. The much debated changes ... Read More
RESTRICTIVE COVENANT RULING AFFIRMED
In this case, Berk Law Group, P.C. represented a group of owners of residential units in Northern Arizona. They regularly rented their units to ... Read More
MORTGAGE ASSET RESEARCH INSTITUTE 2009 FRAUD REPORT
In April 2010, the Mortgage Asset Research Institute issued its 2009 mortgage fraud report. The report gathered and analyzed various sources of data ... Read More