Los Angeles County is investing more money in affordable housing projects. The Los Angeles County Board of Supervisors approved more than $23 million in loans for two affordable housing developments in Bellflower... Read more »
For years, the housing industry anticipated that the aging demographic would steadily release inventory into the resale market. Instead, many older homeowners are remaining in place longer than expected — and the... Read more »
Thirty-eight percent of early voters said housing affordability influenced their presidential vote. Harris voters (43 percent) were more likely to care about housing than Trump voters (29 percent), Redfin said. Whether it’s... Read more »
Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. The two companies issued the first-ever securitization backed entirely... Read more »
The Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act (CRA), which addresses systemic inequalities in... Read more »