Warning on RESPA Enforcement Actions

The Consumer Financial Protection Bureau (CFPB) has recently started taking enforcement actions against illegal referral fees in violation of the federal Real Estate Settlement Procedures Act (RESPA). This serves as a good reminder for real estate agents to understand...

CAR Market Matters

Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Traditional Housing Affordability Index (HAI), the percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California dropped to 32 percent...

Flood Insurance Premium Increase

Effective October 1, 2013, subsidized flood insurance premiums are being phased out for certain properties that have not been elevated, but are located within a Special Flood Hazard Area. Additionally, starting last year, buyers of these properties are no longer being...

November CAR Standard Forms Release Scheduled

The following forms are scheduled for revision the week of November 25, 2013. zipForm® Plus and zipForm® 6 Professional users will see the new forms automatically.  Below is the list of forms scheduled for revision. Click here to view the Quick Summary of the changes....