Governor Gavin Newsom recently proposed a revamp of the California Department of Business Oversight (“DBO”) with the purpose of stronger consumer protection....

There has been much concern over AB5 and how it may drastically change the “gig” economy in California. However, it may not have much of an effect on mortga...

Minimum Wage The minimum wage requirements in California have changed for 2019. Minimum wage for employers with 25 employees or less goes from $10.50 per hou...

As the calendar changes, employers need to be aware of the changes to California law going into effect this year. Here is an important one: Effective January...

Starting last Friday and over the weekend, Lehman filed 65 new lawsuits against loan originators for loans sold or brokered to it and packaged as residential...

While there has been no official announcement, as of July 9, 2018, the Commissioner of the (now) California Department of Real Estate is no longer Wayne Bell...

The Southern District of NY recently ruled on a case brought by the NY Attorney General and the CFPB against entities that make loans to plaintiffs based on ...

In a recent decision, the California Supreme Court made an important ruling regarding the classification of workers as employees vs. independent contractors....

There was a significant development in the Lehman bankruptcy on Thursday, March 8, 2018. After years of wrangling between Lehman and the RMBS holders, the Co...

BRE licensees are restricted in the way they can be paid and can contract for payment for their services. Many licensees know this as a restriction on advanc...

Over the past few years, the DOJ, on behalf of HUD, has been bringing actions and settling investigations with lenders related to loans underwritten by the l...

The Federal Fair Housing Act and California’s Fair Employment and Housing Act prohibit discrimination based on familial status. A person offering a property ...

In July of 2014, a law firm in San Diego filed a lawsuit against Castle & Cooke Mortgage, LLC (“Castle & Cooke") in the United States District Court for the ...

As you may have heard (or experienced firsthand), Lehman Brothers is issuing demand letters to loan originators who originated loans with Aurora prior to 200...