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10
Friday
January 2025
13 min read

Jan. 10: LO jobs; wholesale & correspondent news; STRATMOR’s Tech survey; M&A alive and well; CA fires impact lives and housing

In Los Angeles County, with 4,058 square miles of land (more than Delaware and Rhode Island combined) at least ten people have died, and more than 10,000 structures have burned and hundreds of thousands of residents are under evacuation orders in what will be the costliest wildfire disaster in American history. Lenders and mortgage servicers doing business in California have implemented policies and procedures in dealing with borrowers, lending, inspections, and fundings, given FEMA’s response, disaster declaration, and financial assistance. Assistance and shelter reconstruction are what is needed, not finger pointing.

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