Country Club Mortgage to lay off employees, including CEO, and shutter offices
Country Club Mortgage, a home lender based in California, has decided to lay off over 100 employees due to “facility closures,” documents sent to state regulators show.
“This letter serves...
MBA, NHC laud lawmakers for unveiling bipartisan tax agreement
Just ahead of a deadline to avert a partial U.S. government shutdown, lawmakers in the U.S. House of Representatives and the U.S. Senate unveiled the “Tax...
Fannie Mae optimistic that mortgage rates will dip below 6% by year-end
Fannie Mae has a rosy outlook for mortgage rates. The government sponsored enterprise is projecting that rates will drop below 6% by the end of 2024,...
Qualia accuses title startup Settlor of stealing trade secrets
Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets.
In a lawsuit filed on Tuesday in...
Japanese builder Sekisui House to acquire MDC for $4.9B
Japanese homebuilder Sekisui House, Ltd. has struck a deal to acquire its U.S.-based peer M.D.C. Holdings, Inc. in an all-cash transaction that values the target at $4.9 billion, the companies...
California commission suit alleges collusion in the City of Angels
Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles.
The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home...
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...
CFPB advises the public of scammers posing as Bureau officials
The Consumer Financial Protection Bureau (CFPB) is sounding the alarm about an accelerating rate of scams that most commonly target older Americans, where a bad actor...
Opinion: Proptech’s big miss – HousingWire
The value of all residential real estate worldwide is approximately $200 trillion. Of this, the U.S. accounts for approximately 23%. Every year, transaction volume in the U.S. exceeds...
How to get a real estate license in California (CA) in 6 steps
Read appropriate license instructions carefully (RE 435A or RE 436A).
List your legal name on the application.
Include the items listed below in your packet (check off each item...