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Airbnb plans more advocacy organizations in wake of San Francisco victory
SAN FRANCISCO - The failure of a controversial ballot measure that aimed to place stricter regulations on short-term housing rentals in San Francisco has Airbnb claiming victory. Airbnb spent more than $8 million to defeat Proposition F, which would have capped...
San Jose weighs bond to fight homelessness
SAN JOSE -- The city of San Jose is about to launch a feasibility study about putting a $250,000 million housing and homelessness bond on the ballot next year. The far-reaching measure would be aimed directly at offering a range of help to public servants, destitute...
Wells Fargo to pay $81.6M to homeowners in bankruptcy
It's amazing how Department of Justice settles these violations! Each family here gets $1,285 dollars for losing their homes to a foreclosure. What do you think? ********************************************** Wells Fargo Bank has agreed to pay $81.6 million to...
Alameda: City Council imposes moratorium on some rent increases
Yesterday we praised the City of Richmond, California for avoiding the implementation of rent control. Today, we have no choice but to raise concerns about City of Alameda sticking their nose where it does not belong. These kind of measures are ineffective and...
Mortgage Denial Rates Down, Especially Among Black Borrowers
SEATTLE, Nov. 5, 2015 /PRNewswire/ -- The percentage of U.S. mortgage applicants getting approved has increasedi, especially among middle-income black and Hispanic loan applicants, indicating that easing mortgage restrictions are making it easier for more Americans to...
Richmond: Rent control ordinance formally repealed
We have written in the past about the challenge that Rent Control that creates by keeping investors away. Here's some news about Richmond city officials deciding against Rent Control which we salute. *********************************** By Karina Ioffee...