“Monumental” Update to LA’s Adaptive Reuse Ordinance Takes Effect This Month

“Monumental” Update to LA’s Adaptive Reuse Ordinance Takes Effect This Month

An update to Los Angeles’ 1999 adaptive reuse ordinance takes effect this month, and developers are already planning to convert underutilized commercial buildings across the city into apartments. The Los Angeles Times... Read more »
December mortgage delinquencies rise due to calendar effect: ICE

December mortgage delinquencies rise due to calendar effect: ICE

Delinquencies rose in December but the rise is mostly due to the calendar: December ended on a Sunday, so payments made on the last day of the month were credited to January.... Read more »
December mortgage delinquencies rise due to calendar effect: ICE

More homeowners might be ready to sell despite the lock-in effect: Redfin

Despite the still-challenging rate environment, some homeowners might opt to bite the bullet and give up their low rate to move, according to a Redfin study.    Nationwide, the share of homeowners with... Read more »
Beneficial-ownership filing mandate takes effect in 2024

Beneficial-ownership filing mandate takes effect in 2024

The Financial Crimes Enforcement Network (FinCEN) as of Jan. 1, 2024, is accepting beneficial-ownership information reports from existing and newly created companies, a mandate that applies to many real estate-related entities. FinCEN, part of... Read more »