Large banks have historically been the rulers of the jumbo market. Economic conditions, however, are opening up space for new entrants eyeing market share. This is because surging mortgage rates, upcoming regulatory changes and regional bank collapses have forced large depositories to pull back. The

With home sale transactions down, fraudsters are turning to mortgage payoff fraud to secure bigger payouts.Mortgage payoff fraud occurs when a title company mistakenly sends a mortgage payoff to a fraudulent bank account after receiving wiring instructions that appear to be from the mortgage service

Eminent domain is a real-world example of the Trolley Problem from moral philosophy. Eminent domain allows the government to take private property for the public good.

Two properties—a 6,000-square-foot estate in Palos Verdes Estates and a 10-acre hilltop residence in Rolling Hills Estates—sold for the top price in the last six months.