Author name: Ricky Vasquez

As states take varying approaches to regulating home equity investment (HEI) products, the industry faces an increasingly fragmented legal landscape shaped by consumer protection concerns and uncertainty over whether the products should be treated as mortgage loans. Under an HEI, homeowners receive upfront cash in exchange for a share of the home’s future value, typically […]

The California Mortgage Bankers Association (CMBA) voiced strong support for Gov. Gavin Newsom’s proposed $100 million allocation for the Southern California Rebuild Fund included in this month’s revised state budget proposal, the trade group said this week. The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern

Chicagoland area listings are back on Zillow and Trulia as of Friday afternoon, after Chicago-based federal Judge John Tharp, Jr. granted in part Zillow’s preliminary injunction motion seeking to prevent Midwest Real Estate Data (MRED) from suspending its listing feeds.  On Monday, Zillow filed the motion in its antitrust lawsuit against MRED and Compass International