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California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A new bill has been introduced in the California legislature that will provide a temporary relief for homeowners impacted by the recent Los Angeles County wildfires. CBS News reports that the “Mortgage Relief for Disaster Survivors Act” would give...
Report: CFPB Staff to Begin Receiving Termination Notices

Report: CFPB Staff to Begin Receiving Termination Notices

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued a new wave of termination notices to its staff on Thursday. The notices could begin as early as today, although official terminations may not happen for several weeks and could impact as much as 90% of the...
California Home Sales Softened During March

California Home Sales Softened During March

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded a seasonally adjusted annualized rate of 277,030 closed escrow sales of existing single-family detached homes during March, down 2.3% from 283,540 sales in February but up 4.9% from 264,200 transactions in March 2024. According to data from the...
Report: Trump Planning to Overhaul Section 8 Voucher Program

Report: Trump Planning to Overhaul Section 8 Voucher Program

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration is reportedly planning an overhaul of federal housing assistance programs that would include the replacement of Section 8 housing vouchers with housing grant systems. The New York Times, sourcing its coverage from “three people familiar with...
NWMLS Suspends Compass’ IDX Feed

NWMLS Suspends Compass’ IDX Feed

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Northwest Multiple Listing Service (NWMLS) has suspended Compass’ IDX feed, citing the brokerage’s private exclusive listings in the Seattle market. Compass began publishing private exclusive listings in the NWMLS market last month. NWMLS did not offer...
NAHREP: Housing Market ‘Threatened’ by Private Listings

NAHREP: Housing Market ‘Threatened’ by Private Listings

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Hispanic Real Estate Professionals (NAHREP) is warning that efforts to encourage private listings will disrupt efforts to ensure fair access to the housing market. In an unattributed statement, the organization declared, “Recent...
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