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California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding
The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California wildfires by helping to bridge the gap between insurance payouts and actual rebuilding costs.
California legislators re-try to ‘loophole-proof’ starter home law
California lawmakers are adding muscle to the state’s five-year-old starter home law to prevent cities and counties from quietly neutralizing it through local rules. Senate Bill 1116, which passed the state Senate on May 20 without a single no vote, would strengthen the Starter Home Revitalization Act, a 2021 law requiring local governments to fast-track […]
Homeowners need more than a mortgage — they need the tools to stay
As Florida homeowners face an escalating property insurance and affordability crisis, access to accessible financing like R-PACE is essential for funding critical, storm-resilient home upgrades. Federal regulators must roll back restrictive red tape to preserve these low-risk financial tools, ensuring families have the resources they need to protect and keep their homes.
The MRED Zillow legal fight just hit agents and sellers directly
MRED cut Zillow and Trulia listing feeds amid an antitrust suit, pulling 40,000 listings after 9 were banned under Zillow display standards.
Rocket Mortgage, Rocket Pro adopt VantageScore 4.0
Rocket began using VantageScore 4.0 with Classic FICO, as FHFA pilots the model and lenders delivered $10 million in loans to Freddie Mac.
Single-family housing starts fell in April, but multifamily gained momentum
April housing starts rose 4.6% year over year while single-family starts fell 2.4%, and new home inventory declined 4.6% from last year.
