California Legislative Update
This week, the California Legislature passed SB 1150 (successors-in-interest), which the California MBA has opposed. Although we are disappointed in the bill’s passage, the California MBA led the effort to improve the bill and voice the concerns of the real estate finance industry. As a result of those efforts, significant improvements were made to the bill’s language, including the following amendments: inclusion of a ‘safe harbor’ for compliance with the CFPB related rule; a 175-foreclosure threshold; and a 3-year sunset. Click here to read our opposition letter. Click here for more information about all the legislation the California MBA is tracking this year!
September 14, 2016 NAR: Renters still not ready to buy a home
September 14, 2016 MBA: Applications For Purchases Increased 9% Labor Day Week
September 14, 2016 Lower FICO Buyers Head For The Hills
September 14, 2016 Some Major Apt. Owners Open To Home Sharing
September 10, 2016 What is an occupant premium in commercial real estate?
September 9, 2016 Why Commercial Real Estate Is Starved For Diversity