Some housing industry observers wouldn’t hesitate to mention Southern California when asked about the most competitive real estate markets. But despite rising home prices and stiff competition, a new report from John Burns Research & Consulting (JBREC) says it’s time to close the curtain on the “California exodus” narrative. Scott Wild, senior vice president of…
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Once your apartment is no longer rent stabilized, there are laws that can protect you from eviction and unreasonable increases.
A bill introduced into the Oregon Senate that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property could potentially halt the availability of proprietary product offerings in the state. This is according to a version of the bill reviewed by HousingWire’s Reverse Mortgage…
Mortgage servicing is more complex than ever, and while some large servicers are sinking real resources into innovation, many are hesitant to branch out beyond the decades-old systems they’re comfortable with. This could be risky if delinquencies continue to rise in the coming years. “I think servicers are hesitant to branch out beyond these 60-year-old…