One year later, insurance hurdles and red tape slow Los Angeles wildfire recovery

Roughly a year after destructive wildfires tore through parts of Los Angeles, rebuilding in some of the hardest-hit neighborhoods remains slow, hampered by insurance delays, regulatory bottlenecks and rising construction costs. Most of the damage stemmed from the two largest blazes, the Eaton Fire
Read MoreCourt advised to reject legal bid to compel NAR rule enforcement

A magistrate judge in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division has recommended that the court deny plaintiff Jorge Zea’s preliminary injunction motion that seeks to compel the National Association of Realtors (NAR) along with 16 local Realtor associatio
Read MoreHousing activity weakens in latest Fed Beige Book report

Housing activity weakened across much of the country, emerging as one of the clearest drags on overall economic performance, according to the Federal Reserve’s most recent Beige Book report. Most Federal Reserve districts reporting on residential real estate cited softer home sales, slower construct
Read MoreProprietary reverse mortgage market share continues to climb

New View Advisors on Tuesday published the newest installment of its Proprietary Reverse Mortgage Production Index, which showed that private-label reverse mortgages are continuing to become a preferred product among lenders and borrowers. The company estimated that proprietary loan volume totaled $
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