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Ex-CFPB Director Rohit Chopra Nominated to Run California Consumer-Focused Agency

Ex-CFPB Director Rohit Chopra Nominated to Run California Consumer-Focused Agency

by Phil Hall | May 14, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Rohit Chopra, who served as director of the Consumer Financial Protection Bureau (CFPB) during the Biden administration, has been nominated by California Gov. Gavin Newsom to serve as secretary of the new Business and Consumer Services Agency (BCSA), the state’s...

Douglas Elliman Expands Mortgage Platform to California

by Phil Hall | May 13, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Douglas Elliman Realty LLC has expanded its Elliman Capital mortgage platform to the California market. The company launched the platform last July in Florida and brought it to New York in January. It is designed to support non-traditional borrowers such as...

California Housing Affordability at Highest Level in 4 Years

by Phil Hall | May 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing affordability in California in the first quarter reached its highest level in four years, according to data from the California Association of Realtors (CAR). During the first three months of the year, CAR determined that 22% of the state’s homebuyers...
California Takes Action Against State Farm Over Handling of LA Wildfire Claims

California Takes Action Against State Farm Over Handling of LA Wildfire Claims

by Phil Hall | May 5, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The California Department of Insurance has launched an enforcement action against State Farm General Insurance Company after an investigation revealed the company’s mishandling of claims filed by survivors of the 2025 Los Angeles wildfires. According to the...
Historic California Hotel Acquired by Native American Tribe

Historic California Hotel Acquired by Native American Tribe

by Phil Hall | May 5, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A California hotel that can trace its operations back 150 years ago has been sold to a Native American tribe. The 238-room Mission Inn Hotel & Spa in Riverside was purchased by the Yuhaaviatam of San Manuel Nation in Highland. The federally recognized tribe’s San...
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