June 6, 2025

Orange County

Banking

Banking on more changes in Brea – Orange County Register

For 39 years, the Bank of America maintained a massive call center with up to 3,000 employees on Valencia Avenue in Brea. But in July 2022, it shut the doors of the center for good. Since then, the three-story, 637,503-square-foot building has sat empty, along with the on-site parking lot plus an additional one on

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Finance

How to finance blacklisted Fannie Mae condos – Orange County Register

Fannie Mae tightened the screws on every condo association in America after the 2021 Chaplain Towers collapse in Surfside, Florida, where 98 lives were tragically lost. Financial and operational standards must be met, or the association is blacklisted. That’s budgeting, financial reserves, acceptable property maintenance and the like. In industry parlance, these blacklisted associations are

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