Enforcement of the anti-business referral provisions of the federal Real Estate Settlement Procedures Act1 has certainly had its ups and downs over the years. Originally enacted in 1974, RESPA provides the following prohibition against payment or receipt of anything of value in exchange for the referral of settlement service business in connection with a federally-related

In recent years, the Maryland Fair Scheduling, Wages, and Benefits Act (the “Act”) has been introduced to the General Assembly, and it is likely to be on the minds of many law makers again during the 2019 session that began on January 9, 2019. Early versions of the Act required, among other things, that employers

On Tuesday, August 29, 2017, the Department of Housing and Urban Development (HUD) announced that it is changing the requirements for its reverse mortgage program. The changes are expected to help protect taxpayers while still pursuing the mission of the program. The purpose underlying the changes is to protect other programs in place that are

By: Marty B. Ellis On June 1, 2015, in two consolidated cases (Bank of America, N. A. v. Caulkett and Bank of America, N. A. v. Toledo-Cardona), the Supreme Court of the United States ruled that in a bankruptcy liquidation Chapter 7 proceeding, the debtor cannot void a second mortgage when the value of the

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Shumaker Williams, P.C. Securities Law Practice Group By Jane G. Davis Companies, including bank holding companies, looking to raise capital through the sale of securities, must either register the securities with the Securities and Exchange Commission (the “SEC”) or rely on an exemption from registration.  In some instances, the securities laws of the states in

Use of Criminal Background Checks in the Hiring Process: What New EEOC Guidelines Mean for Pennsylvania Employers Michael E. Rowan General Counsel, Pennsylvania Restaurant & Lodging Association A criminal background is a common, and often useful, component of the hiring process for many employers in the hospitality industry.  However, in light of recent pronouncements by

By Jane G. Davis Shumaker Williams, P.C. The Jumpstart Our Business Startups Act (the “JOBS Act”) enacted in April 2012 provides for a new method of raising capital without requiring registration of the offering with the Securities and Exchange Commission (the “SEC”).  The securities offered will also be exempt from state registration requirements and, in

by Jane G. Davis The Securities and Exchange Commission (“SEC”) has enacted new rules that will impact companies that do not file reports with the SEC as well as those that do. The sale of securities by a company requires that those securities be registered with the SEC and/or the state where the securities are

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