Housing Forward appoints new president 

Housing Forward appoints new president 

Housing Forward, the leading organization fighting homelessness in Dallas, appointed Sarah Kahn as interim president and chief executive officer, the nonprofit announced on Tuesday. Kahn starts her new role on Dec. 21.... Read more »
Apartment Rents Projected to Rise Up to 4% Across SoCal

Apartment Rents Projected to Rise Up to 4% Across SoCal

Apartment rents across Southern California are expected to rise up to 4 percent through 2025, according to a new study. Rents are projected to rise between 2 and 4 percent across the... Read more »
What is the Interest Rate Forecast for Housing in 2024?

What is the Interest Rate Forecast for Housing in 2024?

Interest rates are a key factor that affects the housing market, as they influence the cost and availability of mortgages for homebuyers and sellers. Interest rates have been rising in 2022 and... Read more »
Defunct FGMC, former employees seek .75M settlement on WARN Act suit 

Defunct FGMC, former employees seek $1.75M settlement on WARN Act suit 

The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a class-action suit after an abrupt layoff – are seeking a Delaware bankruptcy judge... Read more »
Cushman & Wakefield Terminates LA Head

Cushman & Wakefield Terminates LA Head

Cushman & Wakefield has terminated the head of its Los Angeles operations, Phil Brodkin, as the commercial brokerage continues cost-cutting measures.  Brodkin joined Cushman & Wakefield in mid-2021 and oversaw Downtown, West... Read more »
Rhode Island Housing Market: Prices, Trends, Forecast 2023

Rhode Island Housing Market: Prices, Trends, Forecast 2023

Rhode Island houisng market data released by the Rhode Island Association of Realtors unveils some intriguing trends in the state’s real estate landscape. In October, single-family home sales continued a downward trend, experiencing... Read more »
Guild hires Adam O’Daniel as chief marketing officer

Guild hires Adam O’Daniel as chief marketing officer

Industry veteran Adam O’Daniel is transitioning to Guild Mortgage as senior vice president and chief marketing officer, a newly created role, after about two years at Open Mortgage, the company announced on Tuesday.  “We’re going to expand... Read more »
0M Listing Lifts Manhattan Beach to Top of Luxury Market

$150M Listing Lifts Manhattan Beach to Top of Luxury Market

Listing prices in Manhattan Beach have approached the low end of the ultra luxe markets in Malibu and Beverly Hills, but a new entry goes far beyond what most mansion in L.A.... Read more »
How technology can help mortgage lenders combat repurchase risk

How technology can help mortgage lenders combat repurchase risk

When individual mortgages are originated by lenders like banks or credit unions, they maybundle groups of these mortgages together into financial vehicles called mortgage-backedsecurities (MBS) that are then sold to investors on... Read more »
Shangri-La Industries Defaults on Project Homekey Loans

Shangri-La Industries Defaults on Project Homekey Loans

Shangri-La Industries CEO Andy Meyers and 21 Conejo Boulevard in Thousand Oaks (Getty, Google Maps, Shangri-La Industries) UPDATED, Dec. 1, 2023, 9:40 p.m.: In 2020, the State of California gave Shangri-La Industries,... Read more »