Archive for the ‘Real Estate’ Category

Trump Waikiki Beach Buyers Sue Real Estate Developer

Posted by Mark Blane on July 29th, 2009 under Real Estate Tags: , , , ,  •  No Comments

On July 13, 2009, buyers of 11 of the units available at the Trump International Hotel & Tower in Waikiki filed a lawsuit against the real estate developer seeking to cancel their real estate purchase contracts because the “use of the Donald Trump name on the luxury condominium project is not guaranteed.”  The law suit [...]

New Federal Rules to Protect Borrowers of Mortgages in Real Estate Transactions

Posted by Mark Blane on July 29th, 2009 under Real Estate Tags: , , ,  •  No Comments

On July 23, 2009, the Federal Reserve instituted new protections for borrowers for home-equity loans and mortgages.  The protections seek to review the content of disclosures to consumers and the timing said disclosures are given; further, they add “teeth” to the regulations to prevent kick backs for steering consumers to higher cost (interest rate/closing costs) [...]