California is finally making progress on a stalled program to build tiny homes to address the state’s homelessness crisis. Los Angeles Mayor Karen Bass and City Council member Hugo Soto-Martínez attended a... Read more »
The Moreno Valley Mall reopened Thursday after its owners addressed the safety concerns that prompted the city to shut it down last month. On Feb. 19, city officials “red-tagged” the mall for... Read more »
The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires, a response to the recent pullback in policies by... Read more »
The United States saw an 18.1% increase in homelessness this year, attributed to a lack of affordable housing, devastating natural disasters and a surge of migrants in several parts of the country,... Read more »
While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre-pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage... Read more »
Vice President Kamala Harris made a bold campaign promise: If elected president, she would get 3 million new homes built. It was too late. The rapid rise in rent and home prices... Read more »
The Mortgage Bankers Association (MBA) on Monday announced the launch of a new initiative involving 12 other corporate stakeholders. The entities will seek to find potential solutions for closing the racial homeownership... Read more »
Oregon lawmakers last week approved a landmark $370 million housing package, The Associated Press reported. The vote followed an intense 35-day legislative session. Introduced by Democratic Gov. Tina Kotek, the bill aims... Read more »
The new functionality, added to the quality control process, “gives mortgage lenders the opportunity to address loan defect concerns earlier in the review process,” Scott Olson, executive director of the Community Home Lenders... Read more »