California freefall: Home prices down 26% in February

Signs of distress are piling up in the California housing market, where prices are falling at three times the national rate of decline. --Statewide, median sales prices fell by a stunning 26% from year-ago levels in ... More... (Real Estate News)
Add a Comment , March 27th, 2008

California Senate approves bill on mortgage debt

SACRAMENTO -- The state Senate approved a bill Monday to help California homeowners whose lenders have forgiven part of their mortgage debt. The bill would end a requirement that homeowners report that part of the loan ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , March 25th, 2008

Mortgage News: Seven firms closed in Calif. mortgage fraud probe

LOS ANGELES — In August 2007, investigator Eric Bremner found evidence in a shredder at Olympic Escrow that he says confirmed borrowers' complaints that they had never signed the mortgage documents that pushed them into ... More... (Mortgage News)
Add a Comment , March 20th, 2008

It’s a red-hot buyer’s market

And time to take advantage of our strong dollar, lower U.S. prices Every week, Ann Bosley's Toronto-based real estate company gets several phone calls from Florida developers keen to promote their properties to Canadians. "It's a ... More... (Real Estate News)
Add a Comment , , , March 1st, 2008

Inland real estate industry holds its breath as FHA crunches numbers for new loan ceiling

Homeowners and buyers in Inland Southern California will learn next month if they will benefit from new federal guidelines designed to spur house sales and to help people refinance to avert foreclosure. Ironically, this area's fast-falling ... More... (Mortgage Education, Mortgage News)
Add a Comment , , , , February 25th, 2008

California to retrain laid-off mortgage workers

SAN FRANCISCO, Feb 20 (Reuters) - California plans to spend up to $5.6 million in grant money from the U.S. government to retrain mortgage industry workers who lost their jobs in the wake of the ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , , , , February 20th, 2008