Real Estate News

Ocwen Financial announced late Friday that it reached a $223 million settlement with the California Department of Business Oversight, ridding itself of the restrictions that hampered its mortgage business in California for more than two years. The settlement includes …Read More

Average fixed mortgage rates dropped for the first time in 10 weeks, according to Freddie Mac. Source link …Read More

Call it a Valentine’s Day miracle, but a longtime dysfunctional relationship between Lake Elsinore officials and the proponent of the largest development in the city’s history came up smelling like roses Tuesday, Feb. 14. The City Council voted 5-0…

The real estate economy in the year just past broke records as well as hearts.  As soaring values left homeowners with more equity than they’ve seen in a decade, there’s not much good news in store for thousands of frustrated …Read More

With President Trump rewriting a travel-ban order, many foreign investors are left wondering what happens next. Source link …Read More

Following a bruising confirmation battle that centered on his actions as head of Pasadena’s OneWest Bank, Wall Street executive Steven T. Mnuchin was narrowly confirmed by the Senate as Treasury secretary on Monday. Mnuchin becomes one of President Trump’s top Cabinet officers. …Read More

President Trump’s recent presidential memorandum and executive order regarding financial regulation reform left more questions than answers in the short-term. So what does the Consumer Financial Protection Bureau need to do different now? Truth be told, not much. Source …Read More

Republican Rep. Jeb Hensarling penned a dramatic op-ed denouncing the CFPB in terms usually reserved for condemning tyrannical, intolerant autocratic regimes. Source link …Read More

Corona’s newest subdivision – 292-home Skyline Heights – is moving forward after clearing hurdles with the City Council last week. The four council members at the meeting voted unanimously Feb. 1 to annex 395 acres in the Santa Ana …Read More

Will 2016 be remembered as the peak of the recovery?  It was the best year for sales in more than a decade.  Will sales take a break in 2017, a victim of political uncertainty, rising rates and prices that are …Read More