1848
CALIFORNIA WAS PURCHASED BY U.S FROM MEXICO
- As part of
"TREATY OF GUADALUPE
SEPT 9, 1850
BECAME
"CALIFORNIA STATE
1862
FEDERAL HOMESTEAD ACT
(whereby the Government encouraged Settlement (gave land free to those who made certain improvement) page 66
1911
MELLO ROOS
(
STREET IMPROVEMENT ACT
)
1917
CALIFORNIA'S LEGISLATURE PASSED THE NATION'S FIRST REAL ESTATE LAW
1938
FANNIE MAE
1960
EARTHQUAKE
1961
THE CALIFORNIA STATE LEGISLATURE ENACTED LAW- "RACE RESTRICTION" ILLEGAL
1968
FAIR HOUSING ACT
TILA
TILA: The Truth in Lending Act (TILA) of 1968
is United States federal law designed to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated
1970
FCRA
The Fair Credit Reporting Act (FCRA) is the act that regulates the collection of credit information and access to your credit report. It was passed in 1970 to ensure fairness, accuracy and privacy of the personal information contained in the files of
1974
or
1975
RESPA
--The Real Estate Settlement Procedures Act of 1974 (RESPA) (became effective on June 20, 1975)*. The Act requires lenders, mortgage brokers, or
servicers of home loans to provide borrowers with pertinent and timely disclosures
regarding the nature
1976
MOBILE HOME
1978
LEAD BASE PAINT
This requires that potential buyers and renters of housing built prior to 1978 receive certain information about lead and lead hazards in the residence prior to becoming obligated to buy or rent, and provides the opportunity for an indepen
1988
AGENCY RELATIONSHIP DISCLOSURE
1994
HOEPA
The
Home Ownership and Equity Protection Act
(HOEPA) was enacted in 1994 as an amendment to the Truth in Lending Act (TILA) to address abusive practices in refinances and closed-end home equity loans with high interest rates or high fees. Since HOEP
2008
SAFE ACT
(Secure and Fair Enforcement Mortgage Licensing Act was passed by Congress Housing and Recovering Act (HERA)