Conflicts of interest facing appraisers and mortgage lenders
An appraiser must not have a direct or indirect interest, financial, personal or otherwise, in the property they have been retained to prepare an appraisal.
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Author: Carrie B. Reyes
Financial risk is high in these California metros
In terms of financial safety, most California metros rank low, with the housing market to blame.
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New law prioritizes local general plan over zoning ordinances
A local government’s general plan doesn’t always mesh with local zoning ordinances.
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DRE Commissioner to retire
DRE Commissioner, Doug McCauley, will retire at the end of 2023.
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Mortgage industry sees more originations in 2024, despite also anticipating a recession
The MBA’s crystal ball shows more mortgage originations in 2024 – but also a recession.
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