“Granny flats” are having their image spruced up as Los Angeles recovers from the deadly wildfires of January 2025. Local officials are turning to smaller homes to deal with an affordable housing shortage. (Image generated by AI in Midjourney) Last month’s wildfires in the Los Angeles area have left many homeowners in need of affordable…
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The Trump administration’s plan to defund the Consumer Financial Protection Bureau (CFPB) has been put on pause. The City of Baltimore and the Economic Action Maryland Fund (EAMF) filed a lawsuit on Wednesday against the CFPB and its acting director, Russell Vought, seeking to prevent the Trump administration from unilaterally defunding the department. A day…
The dual shocks of the 2022–2024 housing market downturn and the outcomes of significant litigation are now in the rearview mirror. In response, many brokerage firms have adapted their business models to navigate these challenges. While these adjustments have allowed firms to achieve profitability at current sales levels and comply with the changes to MLS…
MISMO, the real estate finance industry’s standards organization, on Thursday announced its board of directors for 2025. “MISMO brings key problem solvers together to collaborate on critical issues in the mortgage industry,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA), which oversees MISMO. “I welcome this talented group of industry executives…