Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit
The lawsuit and countersuit alleging deceptive reverse mortgage marketing practices has seen key deadlines pushed to the end of March and mid-April, respectively.
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Here’s another estimate of the financial losses from the LA wildfires
Real estate technology company Homes.com analyzed the Pacific Palisades and Altadena neighborhoods in order to quantify the number of homes destroyed and measure the financial repercussions of the wildfires.
Art Carter, CRMLS ‘stand firmly’ in support of Clear Cooperation
As the debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) rages on, California Regional MLS (CRMLS) CEO Art Carter chose to voice his stance on the issue in a nine-page op-ed posted on LinkedIn this week.
Education and problem solving are keys to reverse for purchase business, agents say
Two real estate agents explain some of their thoughts on the HECM for Purchase program and the success they’ve seen with it.
All the ways the wildfires could make LA housing more expensive
Residents looking to rebuild or find new housing will face numerous headwinds that could drive up housing costs in LA.
Reverse mortgage servicing safeguard might help LA borrowers
A 2023 safeguard introduced in reverse mortgage servicing software could help borrowers in Los Angeles avoid foreclosure.
LA mayor issues order to expedite home construction amid wildfires
Los Angeles Mayor Karen Bass issued an executive order late on Monday that aims to speed up the rebuilding process in areas destroyed by the wildfires that have burned thousands of homes in Southern California. The order directs city agencies to expedite the building permitting process in affected areas by having discretionary review procedures waived, with a goal of getting permit approvals within 30 days.
Rep. Maxine Waters pushes for serious investigation with proposed wildfire bill
Less than 10 days into 2025, California is experiencing a multibillion-dollar wildfire disaster that is further shaking up the state’s already vulnerable insurance coverage.
Housing resources and help for victims of the LA fires
Many in the real estate and mortgage spaces are pledging monetary relief and relocation help for those affected by the wildfires.
You’ll never guess which state has the highest percentage of inbound movers
United Van Lines surveys movers on where they’re coming from, where they’re going and why. The top destination isn’t usually thought of as a hotspot.