The “Bank of Mom & Dad” is playing an increasingly powerful role in the next generation’s path to homeownership. A new study released today by Veterans United Home Loans shows about 6 in 10 parents (59%) have provided or plan to provide financial assistance to help their child buy a home. The survey by the…

The post 6 in 10 Parents Are Helping Their Kids Buy Homes, Survey Finds appeared first on RISMedia.

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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. U.S. Veterans sue Veterans United Home Loans, alleging RESPA violations and steering A proposed class-action lawsuit, Peyton v. Veterans United Home Loans, has been filed in the Western District of Missouri against Veterans…

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Three mortgage companies have been accused of violating the Real Estate Settlement Procedures Act (RESPA) in a new lawsuit filed in the Western District of Missouri. The newly filed Peyton v. Veterans United Home Loans takes aim at the mortgage company as well as Realty Search Solutions (aka Veterans United Realty) and the Mortgage Research…

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