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Judge Says Gov. Brown and Legislature Illegally Raided Homeowners Fund

(Jeff Sorg, OnlineEd) SF Gate is reporting that a judge has ruled Gov. Jerry Brown and the Legislature illegally raided a state fund that was created to help distressed homeowners and took $331 million to balance the budget. The article alleges that money was taken...

CFPB and Other Agencies Issue Final Standards for Assessing Diversity Policies and Practices of Regulated Entities

(Jeff Sorg, OnlineEd) – Federal agencies today issued a final interagency policy statement establishing joint standards for assessing the diversity policies and practices of the entities they regulate. Section 342 of the Dodd-Frank Wall Street Reform and...

Down Payments at 3-year Low Indicating First Time Buyers Enter Marketplace

IRVINE, Calif. – June 4, 2015 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released its Q1 2015 U.S. Home Purchase Down Payment Report, which shows the average down payment for single family homes, condos and...