Elon Musk calls for the CFPB to be ‘deleted’

Elon Musk calls for the CFPB to be ‘deleted’

Elon Musk, who has become a confidant of president-elect Donald Trump, has called for the Consumer Financial Protection Bureau to be dismantled. (Image generated by AI in Midjourney) Elon Musk, the world’s... Read more »
USC Casden Forecast Calls for SoCal Rent Increases to Continue

USC Casden Forecast Calls for SoCal Rent Increases to Continue

This year’s University of Southern California Casden Real Estate Economics Forecast predicts rent increases for the next two years throughout the region.  However, the annual report also noted that the economy’s surprising resilience... Read more »
Mayor who recommended reverse mortgages calls comments ‘regrettable’

Mayor who recommended reverse mortgages calls comments ‘regrettable’

As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse mortgages as a potential option to... Read more »
Indiana senator seeks information on HECM stability, calls for ‘congressional scrutiny’

Indiana senator seeks information on HECM stability, calls for ‘congressional scrutiny’

The Home Equity Conversion Mortgage (HECM) program faces stability and viability challenges stemming from the 2022 collapse of a major industry lender and its extinguishment from the HECM-backed Securities (HMBS) program, which... Read more »
New School economist calls for a ‘Gray New Deal’ for retirees

New School economist calls for a ‘Gray New Deal’ for retirees

Economics professor Teresa Ghilarducci of The New School in New York recently painted a dire picture of the retirement situation in the U.S., calling on policymakers to enact what she calls a... Read more »
Resident Task Force for Irvine’s Great Park Calls It Quits

Resident Task Force for Irvine’s Great Park Calls It Quits

A resident task force representing Irvine’s Great Park Neighborhoods has ended after completing its mission to guide the city’s $1 billion effort to establish one of the world’s largest municipal parks. The... Read more »