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If this bill is passed all private lenders will be required to have a mortgage license! Senator Tadeo recently tried to get this into SB 1632 and fortunately, this past week, the American Association of Private Lenders (AAPL) had their general counsel speak on their behalf to the Senate Committee on Banking and Insurance. As the points were.
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04/23/2019 Rent control could be back on California ballot by 2020 . Landlords in California (every state for that matter) must remain vigilant in watching for early signs of legislation that is expanding or moving in direction of rent control and be ready to stand up with other rental property owners and support positions that reject or ban rent control.
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