Thursday May 18th there will be a Lender Fair, specifically for loan processionals. I'll be moderating a couple wholesale lender panels applicable to non-Qualified Mortgage loan programs. I'll also be giving an overview of the recent Washington DC & Sacramento Legislation Conferences, and what's ... » Learn More about Lender Fair -California Association of Mortgage Professionals Greater Ventura Chapter May 18
Regulations and Laws
Building Guest Houses in Los Angeles to Help Ease Housing Shortage
Guest House, Granny Flat, Accessory Dwelling Unit... whatever you want to call it, I've been an advocate for decades for allowing property owners in Los Angeles to easily build additional units on their property to help take pressure off the local housing shortage. Sacramento got the clue recently ... » Learn More about Building Guest Houses in Los Angeles to Help Ease Housing Shortage
HERO and PACE Loans Get a New Disclosure Jan 1 – For Good Reasons
As I blogged and gave presentations on over a year ago (Think Twice About Using a HERO Energy – Water Conservation Financing Program), the PACE (Property Assessed Clean Energy) and HERO (Home Energy Renovation Opportunity) loans pitched by the government and sold by contractors to make energy and ... » Learn More about HERO and PACE Loans Get a New Disclosure Jan 1 – For Good Reasons
Condo HOA Special Assessments Possible Due to Mandatory Earthquake Retrofitting
Condominiums or townhouses built pre-1978 may require structural modifications to meet the City of Los Angeles mandatory retrofit ordinances. The seismic retrofit ordinance became law February 2016, and requires the retrofit of pre-1978 wood-frame soft-story buildings and non-ductile concrete ... » Learn More about Condo HOA Special Assessments Possible Due to Mandatory Earthquake Retrofitting
California Homeowner Survivor Bill of Rights Signed Into Law By Gov. Brown
California Gov. Jerry Brown has signed SB 1150, the Homeowner Survivor Bill of Rights (SBOR) with the new law scheduled to go into effect in January. This will help eliminate many "red-tape" or "widows" foreclosures. SB 1150 is designed to protect the rights of surviving homeowners that owns a ... » Learn More about California Homeowner Survivor Bill of Rights Signed Into Law By Gov. Brown