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California looks poised to finally pass RON legislation

Housing Wire

Digital closings could be coming to California , the country’s largest real estate market, within the decade. Gavin Newsom of California on Tuesday received a senate bill legalizing remote online notarizations ( RON ). It’s really a center of innovation, including for real estate technology.

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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. From 2020 to 2030, the Urban Institute projects 8.5

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

This initiative has won backing from 72 bipartisan sponsors in the House and Senate, the White House and stakeholders ranging from civil rights groups and nonprofits to financial institutions and real estate trade associations. Over time, this approach will help stabilize real estate markets previously dominated by distressed sales.

Investing 431
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Opinion: More can be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 440
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Opinion: More should be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 417
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California finally passes RON legislation

Housing Wire

The Secretary of State will then implement the legislation of the course of the next few years, with full functionality expected by 2030. The passage of RON in California comes nearly a year after senators from the state opposed a bill that would have legalized RON nationwide.

Legal 390