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News

Ventura County Star
vcstar.com > story > news > state > california > 07/21/2026 > california-fair-plan-insurance-used-in-home-loans > 90658174007

California's insurer of last resort is playing a role in mortgages

10+ hour, 26+ min ago   (451+ words) More than 1 in 17 new California home loans are being written using the state’s insurer of last resort — the California FAIR Plan, which has ballooned in growth in recent years. In the first quarter of 2026, 5.6% of mortgage originations for owner-occupied, single-family…...