San Francisco

Edwardian Craftsman in Jordan Park exudes period charm

Jun 22, 2017 |

Twice a week, The Chronicle features a home on the market that caught our eye for its architecture, history or character. All the bedrooms — including the master suite — are on the upper level, with one opening to a sprawling sunroom that frames neighborhood views. A wood-burning fireplace warms a handsome dining room that […more]

Federal Reserve: All banks passed stress tests again

Jun 22, 2017 |

On Thursday, the Federal Reserve announced the results of the annual stress testing, which showed that all 34 participating financial institutions are adequately capitalized and could withstand a “severe recession.” It’s the second year in a row that all of the participating banks passed the stress test.

Housing industry’s largest trade groups want CFPB director replaced by bipartisan commission

Jun 22, 2017 |

More than 20 of the housing industry’s largest trade groups are calling on Congress to enact legislation that would change the leadership structure of the Consumer Financial Protection Bureau from a single director to a bipartisan commission. The groups say that a bipartisan commission would help provide a “balanced” approach to financial regulation and supervision.

Neighborhood Spotlight: Glen Park Real Estate

Jun 22, 2017 |

There’s a reason why Glen Park real estate is in high demand! A primarily residential neighborhood, Glen Park offers a seemingly effortless small town vibe while still close in proximity to the hustle and bustle of city life. Nestled in the southeastern edge of the San Francisco hills, this quaint yet flourishing community is home […more]

loanDepot expands executive leadership team, adding two new EVPs

Jun 22, 2017 |

loanDepot announced an expansion of its executive leadership team with the creation of two new positions, appointing Eric Gutierrez as its executive vice president of marketing, and Pat Flanagan as executive vice president of Next Generation Lending. Both will report to CEO Anthony Hsieh.

Puerto Rican foreclosure crisis sends residents flooding to U.S.

Jun 22, 2017 |

The Puerto Rican foreclosure crisis is currently worse than the U.S. foreclosure crisis at its peak in 2010. As the economy worsens, residents continue to flee the island, flooding into Texas and Florida. Some homeowners even leave their keys in their home, abandoning everything on their way out.

Zillow on track to pay $4 million to VHT after judge chops jury award in half

Jun 22, 2017 |

VHT, a real estate photography company, was all set to receive $8.32 million in damages from Zillow Group after a jury found that images from VHT appeared on the Zillow Digs site without VHT’s consent, but that’s not the case anymore. This week, a judge cut the original $8.32 million award in half because there […more]

Guild Mortgage promotes Gemma Currier to VP of national retail sales

Jun 22, 2017 |

Currier will oversee retail administration, project management, sales technology, training and development for the independent mortgage lender.

Here are the 5 most unaffordable cities in the world

Jun 22, 2017 |

The U.S. isn’t the only country seeing high rents. A new study from RentCafé showed the five most unaffordable cities in the world among top emerging or striving economies based on median income for the area. Even in cities where the median income is very high, it’s still not always enough to keep up with […more]

Starwood Capital ups its offer for Forestar as battle with D.R. Horton intensifies

Jun 22, 2017 |

There’s a battle brewing between two real estate titans as Starwood Capital Group and D.R. Horton are both angling to acquire Forestar Group, a residential and mixed-use real estate developer. Starwood wants to buy the company for $14.25 per share, while D.R. Horton wants to buy 75% of the company for $16.25 per share. But […more]