Author name: Ricky Vasquez

Fannie Mae and Freddie Mac last week enacted updates to condominium project standards and property insurance rules for one- to four-unit properties and larger developments, aiming to lower costs for homeowners. The moves have been met with mixed opinions from mortgage professionals. The updates, which Fannie Mae and Freddie Mac announced on March 18, allow greater leeway […]

With the Social Security trust fund less than seven years from insolvency — at which point a 24% across-the-board benefit cut could be triggered — a new proposal suggests capping annual payouts for the nation’s wealthiest retirees. A white paper released by the Committee for a Responsible Federal Budget advocates for a “six-figure limit” that

California Gov. Gavin Newsom is threatening legal action against cities and counties that do not comply with a 2025 housing reform law that allows higher density near public transit. During a Wednesday press conference, Newsom said his administration has warned 15 cities and counties that they have 30 days to comply with Senate Bill 79