> News View all News LICENSING: NJ Medical Marijuana Program and it’s issues The first Alternative Treatment Center (Medical Marijuana Dispensary), which grows and distributes marijuana for medical purposes, has opened in Monclair, NJ in December of 2012. What is surprising is that although overall 6 facilities have already been selected to participate in the …
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> News REAL ESTATE: CFPB issues their new Ability-to-Repay rule On January 10th, 2013, the Consumer Financial Protection Bureau issued an important rule which they consider to be one of their most important rules to date. It is called the Ability-to-Repay rule. The reason for the rule is to avoid what partly cause the housing crash …
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> News REAL ESTATE: Manhattan Rent Hikes are Slowing A Bloomberg article published on January 10th, 2013, suggests that Manhattan rent increases have slowed for the third consecutive month in December. "The median monthly rent rose to $3,150, up 0.8 percent from a year earlier," however, rents are not on "frenzied upward trajectory anymore". There …
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> News BANKRUPTCY: Rising Rate of Foreclosures in the High End Home Market According to RealtyTrac, since 2007, the share of foreclosures on properties valued at more than $2 million out of all foreclosure activity has increased by 273%. The owners of high end homes were able to delay the foreclosure process as others struggled, …
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> News HEALTH LAW: Home Health-Care Fraud In a February 29th, 2012 article, Bloomberg reported about an arrest of Texas Home Health-care owners and office manager. According to the Justice Department, the seven individuals were arrested for billing the U.S. government health programs $374 million in services for “services that weren’t provided or necessary”. We …
