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Your firsttuesday real estate news
Week of April 25, 2022

Are landlords overcharging renters of color?
A new study finds renters of color pay higher security deposits than whites in today's tight market.

MLO Mentor: The California Residential Mortgage Loan Act
This article reviews mortgage loan originator licensing and reporting under the CRMLA.

Mortgage Concepts: Red Flags Rule and identity theft
This video reviews the Red Flags Rule, and policies that reduce the risk of identity theft.

California’s home remodeling boom set to peak in 2022
The home remodeling market is poised to become a $430 billion behemoth this year.

Average U.S. homeowner tenure dips after pandemic upheaval
In California, Prop 13 is still propping up long homeowner tenures.

Client Q&A: What is an ADU and how do I build one?
Download our Client Q&A Letter on accessory dwelling units to educate your clients on this trend.

DRE Hot Seat: Broker conceals non-licensed escrow
Find out how the DRE caught a broker using an unlicensed escrow service and commingling trust funds, among other violations.

Recent Case Decision: Foley Investments v. Alisal Water Corp.
May the owner of an apartment file an inverse condemnation claim for a taking by a contractor due to a ruptured water line?

Current market rates
The average 30-year fixed rate mortgage continued rising to 5.11% in the week ending April 22, 2022. The average 15-year FRM rate also increased, to 4.38%.

Form udpates  RPI Form Updates

NEW Form 575-4: Recovery of COVID-19 Rental Debt Notice, for COVID-19 collection efforts between April 1, 2022 – June 30th, 2022


To access all updated forms, view our RPI Forms library here.
Click on Download the Full Forms Library to download our entire catalog.


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