A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
After resolving an impasse over how to punish the bank in a case over shoddy mortgages, the SEC has reached a decision in the massive settlement.
The Southern California housing market is moving at two different paces: fast for the wealthy and slow for everyone else.
In part to meet increasing regulatory demands, one of the nation's largest banks has plans to create thousands of new compliance and audit positions in 2015.
Overall sales in the state remained flat, but some areas continue to experience low inventory and strong price and sales growth.
The man accused of threatening to kill former Acting Director Edward DeMarco was found not guilty.
The lender-placed insurance market has continually been under fire over allegations of conflicts of interest and inappropriate business practices. Lawmakers are urging that this controversial type of homeowner's insurance be put to an end.