Realegal Upate

Affordable Housing Fund Document Recording Fee With keen awareness of California’s shortage of affordable housing, the legislature passed more than 20 bills related to housing in this year’s session. Chief among these laws is Senate Bill 2.  This law provides a...

CAR Market Matters

Talking Points Total mortgage application volume rose by 3.1 percent for the week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume is sitting at 8.5 percent below a year ago Refinancing volumes jumped 6 percent for the week,...

CAR Urges Congress to Support Home Ownership

Dear CAR Member, As I begin my term as your 2018 C.A.R. President, I have some very important news to share with you. As you know, for the past several weeks, C.A.R. has been on the forefront advocating for homeownership as Congress moves forward with its tax reform...

CAR Market Matters

Talking Points Fannie Mae’s Book of Business increased at a compound annualized rate of 2.7 percent in September. The Conventional Single-Family Serious Delinquency Rate increased two basis points to 1.01 percent in September. Multifamily Serious Delinquency...
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