Los Angeles

‘Insufficient funds’ delay State Farm wildfire check for nearly $900K

A nearly $900,000 insurance check from State Farm failed to clear for more than a week, raising alarm for an Altadena, California, homeowner still displaced by January’s wildfires. Amelia McDonald, a veteran insurance defense attorney, deposited a check for $876,354.07 on June 30. But by July 9, the funds were still unavailable. A Chase bank […]

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Compass affiliate The Gambino Group adds three top agents

The Gambino Group at Compass — led by founder Carl Gambino — has expanded its roster with the addition of three experienced agents in Los Angeles and New York City. Gambino said the additions mark a key step in the team’s growth strategy. “This year has been a standout for growth for our team, and

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Partner Real Estate soars to new heights among mega teams

Partner Real Estate is on the rise — and making its presence felt. The Los Angeles-based independent brokerage achieved its best-ever placement in the 2025 RealTrends rankings, coming in at No. 13 among mega teams by closed sales volume. For Rudy Kusuma, CEO of the team, the distinction represents more than just a number. “We

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New California wildfire homeowner assistance program includes reverse mortgages

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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Study suggests banks are avoiding mortgages in California wildfire zones

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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