(Free content) Of the 40,000 mortgage originators registered with the California Department of Real Estate, only 15,000 have completed the process to comply with the SAFE Act, Dale DiGennaro, president of the California Association of Mortgage Professionals told attendees at the group’s meeting in Long Beach, Calif. The industry is now showing signs of improvement after three years of upheaval. Much has changed since the last time the organization (then called the California Association of Mortgage Brokers) met in this city back in 2007, he noted. During that convention, First Magnus shut its doors, while depositors became antsy about the future prospects of IndyMac.
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
Most Popular Articles
MBA reports June decline in mortgage credit availability
MBA’s MCAI fell 2% to a reading of 105.8 in June, led by a 4.6% drop in government programs, while conventional dipped 0.1%.
Jul 14, 2026
-
Compass files ethics complaints against Zillow in 26 states
Jul 14, 2026 -
Randian urges loanDepot to consider sale, reassess leadership
Jul 16, 2026 -
Foreclosures climb 21% in first half of 2026, pushed by higher stress in FHA, VA mortgages
Jul 16, 2026 -
Housing costs, delayed marriage and the first-time buyer squeeze
Jul 16, 2026 -
Stanley Martin buying Holiday Builders highlights hyper-scale shift
Jul 16, 2026
Latest Articles
Finance of America’s Graham Fleming on HECM demand, second liens and Onity deal
Finance of America continues to be one of the main faces of the reverse mortgage industry. Last year, FOA was No. 2 nationally for Home Equity Conversion Mortgage endorsements, and the publicly traded company will look to build on a strong first quarter when it releases its second-quarter earnings report on Aug. 4.
-
Can the housing market weather Iran conflict 2.0 and higher rates?
-
California condo defect liability bill on deck after recess
-
How ROAD aims to boost housing supply and cut red tape
-
Most retirement savers want an ‘easy button’ for planning
-
What the ROAD to Housing Act can — and can’t — do for affordability
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio