It’s been approximately one year since devastating wildfires swept through Southern California in early 2025. After the smoke and fire dissipated, Pacific Palisades and Altadena lost thousands of homes, which…
The Federal Reserve is making headlines again. As the curiosity surrounding interest rates has spiked, there’s a bigger question looming: Can a president actually fire Fed Chair Jerome Powell? As…
President Donald Trump announced a plan to buy $200 billion in mortgage bonds to help lower mortgage rates and reduce home loan costs. This bond purchase will be made by…
Fannie Mae recently issued some new credit guidance, allowing mortgage lenders to remove the minimum credit score requirement for conventional financing. Instead of relying on a single credit score, lenders…
The VA loan is a mortgage option for eligible Veterans, offering benefits such as mortgage financing with no down payment and no monthly mortgage insurance. In exchange for these benefits,…
Loan Servicing: What to Expect After a Real Estate Closing After a loan closes, it is assigned to a loan servicing agency. This servicer manages and maintains the monthly mortgage…
Mortgage lenders are required to document where a borrower’s funds are being sourced from during the loan underwriting process. Two common requests that surface often are (1.) bank statements and…
Closing on a home should be a celebration, but scammers see it as an opportunity to strike. Fraudsters target new homeowners with convincing scams designed to steal money or personal…
In recent years, many California homeowners have struggled to find home insurance. Between wildfire risks and private insurance companies scaling back coverage in high-risk areas, some properties have become nearly…
Buying a home is exciting, but there are some upfront costs associated with the home purchase process. These are some of the expenses that must be paid in advance when…
