Author name: Ricky Vasquez

Key insight: The California legislature has passed a bill empowering the state’s own regulators to enforce fair-lending laws. What’s at stake: The legislation, which has yet to be signed by Gov. Gavin Newsom, arrives as the Trump administration rolls back enforcement of rules against unintentional discrimination. Expert quote: “I think it’s necessary because it’s clear […]

Mortgage rates finally had a decent day on Thursday after spending the previous three days inching into the highest levels in more than a year. Part of the improvement was due to comments from Fed Governor Chris Waller who said that it wouldn’t be necessary to hike rates at the next meeting unless inflation data

While the third quarter will be the true test of the 21st Century ROAD to Housing Act’s impact on investor purchases of single-family homes, indicators show a pullback beginning as it was being debated, Cotality said.But local real estate investors are filling the void, fueling a fresh wave of demand for debt service coverage ratio