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Results: 1-10 of 103

Court finds construction of sewage lagoons did not cause de facto taking
  • Fox Rothschild LLP
  • USA
  • July 23 2012

A Berks County trial court recently rejected the claim of property owners that the construction of sewage lagoons adjacent to their homes caused a “de facto” taking of their properties


NJ expedites foreclosure process for abandoned homes
  • Fox Rothschild LLP
  • USA
  • January 27 2013

New Jersey has adopted a process which may expedite foreclosures on vacant and abandoned residential properties. Under this procedure, vacancy and


New appraisal standards approved for higher-risk mortgages
  • Fox Rothschild LLP
  • USA
  • January 28 2013

A new rule passed Jan. 15 gives mortgage lenders an additional year to institute appraisal standards for higher-risk loans. Six agencies were


PA court rules that "ongoing subdivision concerns" should not be considered in valuing individual subdivision lots
  • Fox Rothschild LLP
  • USA
  • July 18 2012

In Greth Development v. Berks County Board of Assessment Appeals, the Berks County trial court considered whether the tax assessment of individual lots of a residential subdivision should take into account “ongoing subdivision concerns, including cash flow, absorption rate of lot sales, and ongoing expenses.”


Pennsylvania adopts "restyled rules of evidence"
  • Fox Rothschild LLP
  • USA
  • January 27 2013

On January 17, 2013, the Pennsylvania Supreme Court rescinded the Pennsylvania Rules of Evidence and adopted "restyled rules of evidence" which take


Appraisal Institute advises US Sentencing Commission to require appraisals
  • Fox Rothschild LLP
  • USA
  • March 14 2012

The Appraisal Institute urged the U.S. Sentencing Commission to require the use of real estate appraisals when calculating loss in mortgage fraud cases


Supreme Court considers temporary takings case
  • Fox Rothschild LLP
  • USA
  • December 2 2012

The US Supreme Court recently heard oral argument regarding a condemnation case which could have significant impacts


Foreclosures reach lowest level since 2007
  • Fox Rothschild LLP
  • USA
  • October 26 2012

The New Jersey Department of Banking and Insurance performed 173 examinations of mortgage licensees in 2011


PennDOT awards record contract for second stage of I-95Cottman Avenue interchange project
  • Fox Rothschild LLP
  • USA
  • June 21 2012

PennDOT announced the award of the largest construction contract in agency history, a $212.3 million contract to improve Interstate 95 and its interchange at Cottman Avenue (Route 73) in Northeast Philadelphia


Sandy will delay loans and require reappraisals
  • Fox Rothschild LLP
  • USA
  • November 2 2012

Loans involving properties in the path of Hurricane Sandy will certainly be delayed according to National Mortgage News