Residential

  • September 09, 2026

    Wells Fargo Beats Cert. Bid In Rate-Lock Extension Fee Suit

    A California federal judge declined on Wednesday to certify a proposed class of Wells Fargo customers alleging it wrongly charged certain mortgage fees due to closing delays, ruling that liability cannot be determined without an individual file-by-file analysis to see whether the borrower or the bank was responsible for the delays.

  • September 09, 2026

    Two Men Cop To Bribing Ex-NYC Buildings Commissioner

    Two men on Wednesday pled guilty to bribing former New York City Buildings Commissioner Eric Ulrich just weeks before the longtime city official is slated to stand trial in New York state court.

  • September 09, 2026

    Real Estate Firm Says Insurers Owe $5.3M For Motel Damage

    A pair of insurers under the Berkshire Hathaway Inc. and Munich Re umbrellas wrongly refused to cover over $5.3 million in damage to a motel that a real estate company purchased to convert into affordable housing, according to a complaint removed to Washington federal court.

  • September 09, 2026

    What Billionaires' Row Co-Op Victory Means For NY Arbitration

    Shareholders at a residential cooperative on New York City's Billionaire's Row scored a victory last week when the Appellate Division vacated an arbitration award that would have seen the ground-lease rent increase nearly sixfold to $24.6 million. Gayle Pollack, a partner at Morrison Cohen LLP who led the team representing the tenants, spoke to Law360 about her work on the case.

  • September 09, 2026

    Rent-Stabilized Tenants Claim NY Landlord Overcharged $35M

    Tenants alleged Wednesday in a New York state court lawsuit that Housing Rights Initiative, a housing watchdog group, found that a landlord collected more than $35 million through wrongful rent increases imposed on a stabilized complex, despite receiving $107 million in tax credits since 2019 to maintain tenant protections at the property.

  • September 09, 2026

    Redfin Says Home Listings Jump Means Leverage For Buyers

    Real estate brokerage Redfin in a Wednesday report said new listings of U.S. homes for sale reached their highest level in four years, giving buyers more bargaining power even as stubbornly high housing costs continued to stunt homebuying demand.

  • September 09, 2026

    Wells Fargo Slashes Construction Debt By Another $1B

    Wells Fargo continued to reduce its construction debt on the books in the second quarter, trimming that figure by another $1 billion, while JPMorgan saw a smaller reduction of about $200 million in construction loans on its books during the period.

  • September 09, 2026

    California Judge Ends Tribe's Challenge Over Village Site

    A federal magistrate judge has ended a dispute between two California tribes over the management of an Indigenous coastal village site, determining that the Cher-Ae Heights Indian Community of the Trinidad Rancheria is an indispensable party in the litigation that is protected by sovereign immunity.

  • September 09, 2026

    Starwood Capital, Trinitas Form Student Housing JV

    Private investment firm Starwood Capital Group and real estate company Trinitas Ventures have teamed up to create a joint venture that will build housing for students attending the University of Pittsburgh, University of Oklahoma and University of Wisconsin–Madison, Starwood announced Wednesday.

  • September 09, 2026

    Ohio Bill Would Limit Tax Breaks For Institutional Investors

    Ohio would limit interest and depreciation tax deductions for institutional investors who own single-family or two-family properties under a bill introduced in the state House of Representatives.

  • September 09, 2026

    Troutman, Wachtell Guide $8.1B IRT-Centerspace REIT Merger

    Independence Realty Trust Inc. and Centerspace said Wednesday they have agreed to merge in an all-stock deal that would value the combined entity at about $8.1 billion, including debt, with Troutman Pepper Locke LLP and Wachtell Lipton Rosen & Katz advising.

  • September 08, 2026

    Freddie Mac Asks 6th Circ. To Rehear Financial Crisis Case

    Freddie Mac is urging the Sixth Circuit to reconsider its recent revival of a shareholder lawsuit dating to the 2008 financial crisis, arguing an appellate panel "usurped" the lower court's authority by allowing investors to argue for class certification a third time.

  • September 08, 2026

    Fla. Court Misread Complex's Mural Rights Claim, Panel Told

    A Miami property owner on Tuesday urged a Florida state appellate panel to remand its case for a trial on damages over hosting exterior advertisements, arguing that a lower court misapplied the law when it found the complex couldn't establish liability after the city excluded it from a mural district.

  • September 08, 2026

    With New Tax Partner, Simpson Thacher Boosts Sports Focus

    Jonathan Westreich joined Simpson Thacher & Bartlett LLP as a tax partner in its Los Angeles office, the firm announced Tuesday, deepening the firm's sports, media and entertainment bench.

  • September 08, 2026

    Philly Co-Op Owner Says Contractor's Insurer Hid Coverage

    The owner of a Philadelphia housing co-op told a Pennsylvania federal court that it has incurred over $1 million to defend itself against an underlying suit over concrete damage after a general contractor's insurer failed to disclose that it and another carrier had a duty to defend.

  • September 08, 2026

    DOJ, Pinnacle Reach RealPage Rent-Fixing Settlement

    The federal government wants to settle its antitrust claims against Cushman & Wakefield unit Pinnacle Property Management Services LLC, which was accused in North Carolina federal court of using property management software company RealPage Inc.'s revenue management technology to fix rental prices, according to the U.S. Department of Justice.

  • September 08, 2026

    NYC Real Estate Week In Review

    Lippes Mathias and Fried Frank are among the law firms that helped with the largest New York City real estate deals made public last week, with a $50 million Manhattan hotel trade leading the way.

  • September 07, 2026

    Contradictor To Weigh Mayweathers, Omni Bridgeway Fees

    A New South Wales Supreme Court judge has appointed a contradictor to weigh in on the split of a tentative $18 million settlement in a class action over homes damaged by land subsidence, after raising concerns about a large cut of the deal going to lawyers Mayweathers and litigation funder Omni Bridgeway.

  • September 04, 2026

    Fintech Lender Escapes 'Bait-And-Switch' Suit In NC Court

    Fintech company Figure Lending LLC has escaped a consumer's proposed class action over the alleged false marketing of its loans, with a federal judge ruling the plaintiff did not show the North Carolina court has subject matter jurisdiction over the claims.

  • September 04, 2026

    Manhattan Tower Tenants Say Blackstone Overcharged Rents

    A proposed class of tenants at a Manhattan skyscraper accused Blackstone Inc.'s BREIT Operating Partnership LP of overcharging for their rent-stabilized apartments and not properly registering them with the New York state government.

  • September 03, 2026

    Developer Settles High-Profile Miami Condo Termination Suit

    Two Roads Development has reached a deal to resolve closely watched litigation brought by a group of holdout unit owners over the firm's bid to redevelop a waterfront condominium tower in Miami.

  • September 03, 2026

    LA's Target On State Farm May Test Industry Wildfire Practices

    A lawsuit brought by Los Angeles County officials over allegations that insurance giant State Farm shortchanged property owners following devastating fires has the insurance industry on alert.

  • September 03, 2026

    Mortgage Co. Must Face Consumer Claims Over Dispute Flags

    An Illinois federal judge has rejected requests from mortgage servicer Dovenmuehle Mortgage Inc. and a consumer leading a proposed class action accusing it of sending inaccurate payment history information to consumer reporting agencies, saying neither summary judgment for the servicer nor class certification are appropriate at this time.

  • September 03, 2026

    Pa. Property Manager Beats RE Agent's $10M Defamation Suit

    A Florida state jury has ruled against a real estate agent in her $10 million defamation suit, in which she accused the board chairman of a Pennsylvania property management company of repeatedly harassing and defaming her.

  • September 03, 2026

    Developer Seeks To Restore $78M In Conservation Tax Perks

    The Internal Revenue Service was wrong to disallow two conservation easement deductions worth a combined $78 million based on potential mining activity without adequately explaining why, an Alabama real estate developer told the U.S. Tax Court.

Expert Analysis

  • Tips For Consumer Finance GCs Navigating AI In Pro Se Suits

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    There are several avenues for consumer finance in-house counsel to make artificial intelligence use disclosure requirements a standardized tool when facing pro se litigants, including preservation demands and discovery requests to ease friction and root out inaccurate legal representations, says Lee Barrett at Planet Home Lending.

  • OCC Mortgage Escrow Rules Add Fuel To Preemption Debate

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    Two rules proposed in December by the Office of the Comptroller of the Currency, which would preempt state laws requiring national banks to pay interest on mortgage escrow accounts, are a bold new federal gambit in the debate over how much authority Congress intended to hand state regulators under the Dodd-Frank Act, says Christian Hancock at Bradley Arant.

  • When Tokenized Real-World Assets Collide With Real World

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    The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.

  • How Lenders Can Be Ready For Disparate Impact Variabilities

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    Amid state attorneys general's and regulators' mixed messaging around disparate impact liability, financial institutions can take several steps to minimize risk, including ensuring compliance management aligns with current law and avoiding decisions that impede growth in business and service, says Elena Babinecz at Baker Donelson.

  • Reflections From High Court Oral Args Over Fed Gov. Removal

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    In the oral arguments last month for Trump v. Cook, which asks the U.S. Supreme Court to clarify the circumstances under which the president can remove a Federal Reserve Board governor, the justices appeared skeptical about ruling on the substantive issues in view of the limited record and analysis, say attorneys at Ballard Spahr.

  • Next Steps For Fair Housing Enforcement As HUD Backs Out

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    A soon-to-be-finalized U.S. Department of Housing and Urban Development rule, which would hand responsibility for determining disparate impact liability under the Fair Housing Act to the courts, reinforces the Trump administration’s wider rollback of fair lending enforcement, yet there are reasons to expect litigation challenging this change, say attorneys at Spencer Fane.

  • Breaking Down Expense Allocation In Mixed-Use Properties

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    Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.

  • Can OCC State Banking Law Preemption Survive The Courts?

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    While two December proposals from the Office of the Comptroller of the Currency seek to foreclose pending consumer litigation against national banks related to residential mortgage lending, it's unclear whether this aggressive approach will withstand judicial scrutiny under the U.S. Supreme Court's 2024 rulings in Cantero and Loper Bright, say attorneys at Davis Wright.

  • 3 Key Ohio Financial Services Developments From 2025

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    Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.

  • State Of Insurance: Q4 Notes From Pennsylvania

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    Last quarter in Pennsylvania, a Superior Court ruling underscored the centrality of careful policy drafting and judicial scrutiny of exclusionary language, and another provided practical guidance on the calculation of attorney fees and interest in bad faith cases, while a proposed bill endeavored to cover insurance gaps for homeowners, says Todd Leon at Marshall Dennehey.

  • Key Sectors, Antitrust Risks In Pricing Algorithm Litigation

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    Algorithmic pricing lawsuits have proliferated in rental housing, hotels, health insurance and equipment rental industries, and companies should consider emerging risk factors when implementing business strategies this year, say attorneys at Hunton.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • Takeaways From 7th Circ.'s Bank Fraud Conviction Reversal

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    The Seventh Circuit’s recent decision in U.S. v. Robinson, holding that a bank fraud conviction must be grounded in a clear misrepresentation to the financial institution itself, signals that the court will not hesitate to correct substantive errors, even in unpreserved challenges, say attorneys at Quinn Emanuel.