California is rolling out the CalAssist Mortgage Fund on June 12, which will allocate grants up to homeowners whose homes were destroyed or left uninhabitable in recent fire, floods, and other disasters that occurred between January 2023 and January 2025. The new...
Ethan Penner, who is credited as being the father of the commercial mortgage-backed securities (CMBS) sector, is setting his sights on the 2026 race for California governor. The Real Deal reports that Penner, the CEO of Calabasas-based Mosaic Real Estate Investments,...
Two prominent advocacy groups focused on homelessness has blasted California Gov. Gavin Newsom for blaming city and county governments for exacerbating the state’s elevated homeless population. Yesterday, Newsom issued a model ordinance for cities and counties to...
California Gov. Gavin Newsom has called on the state’s localities to address the presence of homeless encampments on their streets. “There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. “Local leaders asked for resources...
California Gov. Gavin Newsom signed an executive order suspending what he dubbed as “unnecessary permitting and review requirements” by the utilities working to rebuild the areas devastated by January’s wildfires in Los Angeles County. to accelerate the rebuild of...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
