Real estate
fromwww.housingwire.com
1 hour agoKnock launches enhanced Bridge Loan Plus for homebuyers
The financing option pays off a homeowner's existing mortgage upfront, eliminating double payments and increasing buyers' purchasing power.
With just days remaining until the end of the legislative session, the Governor's Department of Finance informed lawmakers it will not be finalizing a critical bridge loan to prevent serious service cuts to BART, Muni, AC Transit, and other Bay Area public transit operators next year. Not authorizing the loan now could lead to quick service cuts by major Bay Area transit systems. Senators Scott Wiener (D-San Francisco) and Jesse Arreguin (D-Oakland) have been working for months to try to finalize loan terms.