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New California wildfire homeowner assistance program includes reverse mortgages

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As communities and organizations continue to reckon with the impact of the Los Angeles-area wildfires, the state is now stepping in with a new assistance program that will include impacted reverse mortgage borrowers whose homes were damaged or lost. California Gov. Gavin Newsom (D) on Thursday announced that the CalAssist Mortgage Fund will launch on […]

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In California, a local senior advocacy group continues under shadow of federal cuts

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Since January, federal funding cuts have struck far and wide across a number of local, state and federal programs that tackle a variety of issues. And while the local “Choice in Aging” program in Contra Costa County, California, would be directly impacted if cuts happen, that’s not stopping people there from advocating on behalf of

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Legal fight between Longbridge and Mutual of Omaha continues

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In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not reach a settlement. That’s according to the court docket reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The lawsuit between Longbridge Financial and Mutual of Omaha Mortgage

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Top-producing California agent joins eXp Realty

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Costanza Genoese Zerbi — a nationally recognized real estate agent and founder of Long Beach, California-based Costanza Genoese Zerbi & Associates — has joined eXp Realty, the company announced Tuesday. Zerbi, a veteran agent with nearly a decade of experience, brings a strong sales record to the brokerage. She closed $91 million in volume during

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Partner Real Estate launches instant offers platform

Artificial Intelligence, California, Homeownership, HWmember, Real Estate, Real Estate Agents, Technology /

California-based Partner Real Estate has introduced a new technology platform aimed at speeding up home sales and expanding options for agents and homeowners. The company’s Instant Offers Exchange (IOX) allows sellers to receive multiple competitive cash offers within minutes without committing to a sale. “Imagine this: your client signs the listing agreement, and you already

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Two maps that show where the housing market is struggling

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Industry professionals were full of optimism heading into the spring that the housing market could pick up after a sluggish start to 2025. But heading into the summer, that optimism has largely faded. Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. In its midyear housing

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Study suggests banks are avoiding mortgages in California wildfire zones

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Following the wildfires that devastated the Los Angeles area at the start of the year, a new study has emerged that suggests banks with physical locations are less likely to extend mortgages to impacted residents, while online lenders are continuing to be active. First reported by the The Washington Post, the study — published on

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New platform aims to ease California down payment burden

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Zown, a real estate platform that offers upfront financial help to homebuyers, is expanding into California with a goal to ease the burden of down payments and elevated home prices. The service has launched in the Golden State after gaining traction in Canada, where it supported more than 250 homebuyers and facilitated $300 million-plus in

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Bipartisan Senate duo finds common ground on fighting wildfires

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In the halls of U.S. democracy, bipartisanship is a difficult concept. But some topics seem more likely to warrant collaboration between Republicans and Democrats, especially when it comes to housing or housing-adjacent issues. One such issue is natural disasters, including wildfires. Two senators with different bases of support are uniting in their efforts to fight

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NAHREP’s top Latino loan officers closed $22B in volume in 2024

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The National Association of Hispanic Real Estate Professionals (NAHREP) on Wednesday released its annual Top 250 Latino Mortgage Originators Report, which recognizes the nation’s top-performing Latino mortgage professionals. NAHREP received nearly 5,000 nominations and is recognizing more than 600 Latino mortgage originators this year across various national and regional rankings. Even in a high interest

NAHREP’s top Latino loan officers closed $22B in volume in 2024 Read More »

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