Long Beach Seeks Aerospace Developer for Land Near Airport

Long Beach Seeks Aerospace Developer for Land Near Airport

Wanted: Builder to redevelop a 17-acre parking lot and slice of Long Beach Airport for aeronautical use. The City of Long Beach has issued a request for proposals to develop the lot... Read more »
Former Live Well CEO seeks delay of deadline to file for new trial

Former Live Well CEO seeks delay of deadline to file for new trial

Michael Hild, who served as CEO of now-defunct reverse mortgage lender Live Well Financial, is seeking a one-year delay of a deadline to file a motion for a new trial based on... Read more »
Miami seeks new debt package to finance affordable housing: Bloomberg

Miami seeks new debt package to finance affordable housing: Bloomberg

The mayor of Miami-Dade County wants to leverage the bond market to create a fund that will finance affordable housing projects, according to a Bloomberg report published Monday.  Mayor Daniella Levine Cava... Read more »
New Jersey bill seeks to require face-to-face counseling for reverse mortgages

New Jersey bill seeks to require face-to-face counseling for reverse mortgages

A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would nullify any loans originated without proof of such counseling having taken place.... Read more »
RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy

RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy

The bankruptcy plan administrator for Reverse Mortgage Investment Trust (RMIT), the parent company of former industry lender Reverse Mortgage Funding (RMF), has filed a court petition to convert from Chapter 11 bankruptcy... Read more »
New Jersey bill seeks to require face-to-face counseling for reverse mortgages

Ginnie Mae fires back over RMF lending suit, seeks case dismissal

After a long period of silence and extensions granted by the U.S. District Court for the Northern District of Texas, Ginnie Mae has filed its response to a lawsuit brought against it... Read more »
Goldrich Kest Seeks to Build 296-Unit Complex in Monrovia

Goldrich Kest Seeks to Build 296-Unit Complex in Monrovia

Goldrich Kest wants to bulldoze half-century old apartments in Monrovia and build a 296-unit complex.  The Culver City-based developer has filed plans to build the six-story complex at 150 West Colorado Avenue... Read more »
LA City Council Seeks to Expand Tenants Rights

LA City Council Seeks to Expand Tenants Rights

Los Angeles City Council could enact safeguards for city renters dealing with legal representation and pets — both after-effects of the waning COVID-19 crisis. In a move to bolster tenant protections, the... Read more »