Items Tagged with 'California'

ARTICLES

California loss-mitigation bill creates more problems than it solves

Here are 8 unclear and dangerous provisions of bill
California continues its effort to pass a law that would require loan servicers to work with successors to borrowers on loss mitigation options. Unfortunately, SB 1150, while well intended, has the potential to create more problems than it solves. Here are just some of the unclear and dangerous provisions of bill.
Read More

California pending home sales decrease for third consecutive month

Real estate deals also become increasingly harder to find
It’s no secret that California holds some of the hottest markets for real estate, but its ever-increasing sales prices and lack of new inventory is reducing the number of sales. The California Association of Realtors made predictions for the 2016 market, but how close were those predictions to reality?
Read More

California AG backs expansion of Homeowners' Bill of Rights

Throws support behind bill that would help widowed spouses keep their homes
California Attorney General Kamala Harris is throwing her support behind a bill that expand the state’s Homeowners’ Bill of Rights to include a provision designed to help widowed spouses and children stay in their homes after the primary mortgage holder passes away.
Read More

Los Angeles Realtor 'hijacks' Coachella social media feeds

California music festival attendees unwittingly and repeatedly tagged agent
It’s not often that we at HousingWire talk about things reported by The Hollywood Reporter, but this one is just too good to pass up. A Los Angeles Realtor is in a bit of social media hot water after his name and profile suddenly began showing up all over social media posts emanating from the Coachella Valley Music and Arts Festival over the weekend.
Read More

LA demolishes affordable housing to build luxury homes

More than 20,000 units taken off the market since 2001
There is already a huge gap when it comes to income as well as finding a place to stay in California, especially in Los Angeles. In the city, instead of helping low income families, investors are demolishing rent-controlled buildings in favor of luxury homes.
Read More