DRE in the News – DRE

DRE in the News – DRE

COVERAGE INFORMATION: California Department of Real Estate (DRE) NEWS CLIPS service coverage: Monday through Friday (except state holidays) each week includes electronic format articles retrieved from newspapers or news services that... Read more »
Cherokee Nation engages in HUD housing program for skilled workers

Cherokee Nation engages in HUD housing program for skilled workers

A U.S. Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The Cherokee Nation announced... Read more »

Licensee Advisory- Updated Guidelines for Unlicensed Assistants

Updated Guidelines fur Unlicensed Assistants (1/8/2018) Source link Read more »
LA’s Top Real Estate Lawsuits Run the Gamut in 2023

LA’s Top Real Estate Lawsuits Run the Gamut in 2023

From left: Shangri-La Industries CEO Andy Meyers, Ultimate Host’s Mokhtar Jabli, Arthur Aslanian and LA Councilmember Hugo Soto-Martinez (Illustration by The Real Deal) Among the thousands of real estate lawsuits filed every... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Pennymac issued pink slips to more than 80 staff at year end 

Nonbank mortgage lender and servicer Pennymac Financial Services issued pink slips to more than 80 employees in November as it faced tough headwinds in 2023.  A total of 84 staff were affected... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Erbey back as chairman of Altisource Asset Management Corp.

William Erbey, the controversial founder of Ocwen Financial Corp., is back as chairman at Altisource Asset Management Corp. (AAMC). The company appointed Erbey to the role of CEO in late December and... Read more »
Housing Market Will Remain Stable & Affordable in 2024

Housing Market Will Remain Stable & Affordable in 2024

In a housing market that has recently experienced a cooling trend, experts are unanimous in asserting that it’s not heading toward a crash. As we approach 2024, experts shed light on the... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Home equity could make a difference for long-term care funding (but there’s a catch)

As the U.S. population grows older with each passing year, looking for new and novel ways to fund long-term care for the aging population could include home equity. A reverse mortgage can... Read more »
Movement’s ex-national sales director countersues for M over unpaid wages

Movement’s ex-national sales director countersues for $13M over unpaid wages

Deran Pennington, a former Movement Mortgage top sales executive sued for poaching by the lender, filed a counterclaim alleging that Movement breached the contract by failing and refusing to pay his due compensation. In... Read more »
Pennymac issued pink slips to more than 80 staff at year end 

Celink files objection seeking dismissal of fees lawsuit

Reverse mortgage servicing company Celink is seeking the dismissal of a lawsuit alleging that it had added unlawful servicing fees to reverse mortgage loans alongside now-bankrupt lender Reverse Mortgage Funding (RMF). In... Read more »