Tag: lenders

Due-on leasing regulations

by Amy Platero | Mar 20, 2023 | Property Management, Real Estate, Recessions | 1

Landlords and property managers need to know what triggers and exempts the due-on clause, since mortgage holders enforce the due-on clause more frequently in times of rising interest rates.

Redlining practices cost LA-based lender $31 million in settlement

by Amy Platero | Mar 10, 2023 | Fair Housing, first tuesday Local, Fundamentals, Laws and Regulations, Los Angeles-Santa Barbara-Ventura, Mortgages, Real Estate | 0

The largest redlining settlement in the Justice Department’s history involved a lender servicing Los Angeles who achieved disproportionately low numbers of mortgages from minority areas.