Erin L. Kline's (erinklinelaw) Blog

The good news is that Alabama has fewer foreclosures and better stability in home prices than the national average by far. The bad news is that no one here seems to know it or they just can't buy and sell anyway.You can't make it through one day without being bombarded by media messages of mortga...

I have been thinking about publishing a newsletter, monthly or quarterly, that explains in brief the latest legal decisions and opinions in the federal and local courts relating to real estate transactions.  Several pertinent suits have come to my attention lately, as the appellate courts hand do...

Recently, I was asked to give a short presentation, as part of an ensemble cast of sorts, on the basics of a real estate closing.  Three agents in a local realty office offered a three-hour seminar for first-time hombuyers on a Saturday morning.  The lineup was modeled after the home buying proce...

FICO 08, Fair Isaac's updated version of their credit-scoring model, is jumping into action sooner than expected. Pressured by lenders' demand for more accurate credit risk predictions, credit bureaus Experian and TransUnion will implement FICO 08 sometime this spring, while Equifax may adopt the...