The June 2022 DFPI Bulletin focuses on public comments regarding a crypto assets, consumer complaints and national homeownership month, among other topics.
DFPI Bulletin Digest: June 2022
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
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Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
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MLO Mentor: California’s Homeowner Bill of Rights
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MLO Mentor: California Financing Law, Part II
This article series walks you through reporting under the California Financing Law.
Higher mortgage rates drain purchasing power and sink sales volume; Monthly Statistical Update (June 2022)
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DRE Hot Seat: Broker engages in trust fund violations and dishonest dealing
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Real estate agents: follow these tips to make sure your career survives the next recession.
Mounting debt is locking Millennials out of real estate
As student loan debt piles on, first-time homebuyers of the Millennial generation feel the weight.
Brokerage Reminder: No place in real estate for arbitration
A stern warning against arbitration provisions in purchase agreements.