CA Housing Market: Prospective Homebuyers Leery Due to High Home Prices in Q2...
(Source: CAR) – Significantly higher home prices, particularly in the San Francisco Bay Area and coastal regions, shut out more home buyers in the state during the second quarter of … Read →
View ArticleFBI: Elk Grove Woman Sentenced to Prison for $5.5 Million Mortgage Fraud Scheme
(Source: FBI) – Hoda Samuel, 62, of Elk Grove, California, was sentenced today to 10 years in prison for a mortgage fraud scheme that caused more than $5.5 million in … Read →
View ArticleHousing Market Recovery Index Reveals Housing Boosts Across the Country
(Source: RealtyTrac) – RealtyTrac®, the nation’s leading source for comprehensive housing data, today released its first-ever Housing Market Recovery Index (Housing MRI), which shows metro area...
View ArticleCAR: California Equity Sales Continued to Grow Last Month
(Source: CAR) – The share of equity home sales continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged … Read →
View ArticleCalHFA: Extra Credit Teacher Home Purchase Program
(Source: CalHFA) -- CalHFA is pleased to announce new first-time homebuyer loan programs starting August 26, 2013. Two of these programs are first mortgage loans which can be used with … Read →
View ArticleEminent Domain Being Challenged in Richmond, California
(Source: Structured Finance Industry Group, Inc.) – The Structured Finance Industry Group, Inc. (“SFIG”), a member-based trade industry advocacy group focused on improving and strengthening the broader...
View ArticleCalifornia Senate Bill 30 Fails to Save Underwater Homeowners From Being...
(Source: CAR) – Thanks to partisan political gamesmanship by the Assembly Appropriations Committee, struggling homeowners who sold their homes in a short sale in the past eight months will be … Read →
View ArticleCalifornia Realtors Announce Easement of Single Family Home Sales While Condo...
(Source: CAR) – 302 Following a strong performance in July, California’s housing market pulled back in August as mortgage rates continued to inch up, although sales of condominiums and townhomes … Read →
View ArticleDistressed Home Sales in California Fall to Lowest Level in 6 Years
(Source: CAR) – Rising mortgage rates dampened pending home sales in August, while distressed home sales fell to levels not seen in nearly six years, the CALIFORNIA ASSOCIATION OF REALTORS® … Read →
View ArticleNACA Homeowner Event Being Held in the Inland Empire – October 24 Through 28
(LoanSafe.org) – Homeowners and buyers are all welcome to attend this event, where they can receive one on one mortgage assistance.Borrowers in the area who are facing the threat of … Read →
View ArticleCalifornia Home Prices and Sales Declined in September
(Source: CAR) – California home sales declined for the second straight month in September, following rising interest rates and economic uncertainty, which put the demand for housing on hold for … Read →
View ArticlePleasanton Man to Plead Guilty for Participating in Fraudulent Foreclosure...
(Source: FBI) – A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate … Read →
View ArticleRedding Man to Serve 4 Years in Prison for Defrauding Mortgage Lenders
(Source: FBI) – U.S. District Judge William B. Shubb sentenced Brandon Hanly, 33, of Redding, today to four years in prison for a mortgage fraud scheme, United States Attorney Benjamin … Read →
View ArticleCalifornia Housing Market: Pending Home Sales Rose 2.5% in October
(Source: CAR) – California pending home sales reversed a two-month decline to post higher in October, but were down from a year earlier, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported … Read →
View ArticleCalifornia Couple Convicted in a Sophisticated Credit Card & Identity Theft...
(Source: FBI) – Elton Lee Flenaugh and Deje D. Silas have been convicted of federal credit card fraud and identity theft charges.“This case highlights the need for aggressive federal investigation …...
View ArticlePending Home Sales in California Dropped Over 13% in November
(Source: CAR) – Seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November, the CALIFORNIA ASSOCIATION OF...
View ArticleCalifornia Telemarketer Faces Lawsuit for Soliciting Timeshare Services in...
(Source: Attorney General Chris Koster) - Jefferson City, Mo. – Attorney General Chris Koster said today he has filed a lawsuit against California-based Timeshare Relief, Inc., and its owner, David …...
View ArticleFive Individuals Busted by California AG for Statewide Housing Scam
(Source: Attorney General Kamala D. Harris) – Attorney General Kamala D. Harris yesterday announced the arrest of five individuals who allegedly ran a statewide housing scheme by using adverse...
View ArticleHome Sellers Content Over Home Price Gains and Low Mortgage Rates
(Source: CAR) – Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better … Read →
View ArticleNorth California Investor Caught in Foreclosure Bid Rigging Scheme
(Source: FBI) – A Northern California real estate investor has agreed to plead guilty to his role in conspiracies to … Read →
View ArticleCalifornia Housing Market is Doing Great Following the Housing Recession
(Source: CAR) – Vastly improved home prices over the past five years have changed the landscape of California’s distressed housing … Read →
View ArticleBank of America Committing Resources to Help Out Drought Stricken California
(Source: Bank of America) – As California experiences its worst drought in modern history, leading to anticipated increases in agriculture-related … Read →
View ArticleLos Angeles and San Francisco Residents Charged for Defrauding 20,000...
(Source: FBI) – A federal grand jury returned a 23-count indictment Thursday against Mihran Melkonyan, 33, of Sacramento, and Androuslan … Read →
View ArticleCalifornia Market Faces Reduction in Housing Supply
(Source: CAR) – California home sales fell in February, but housing inventory increased as sellers gear up for the spring … Read →
View ArticleProperty Assessed Clean Energy (PACE) Program to Help California Homeowners...
(Source: CaliforniaFIRST) – With the decision to launch the nation’s largest Property Assessed Clean Energy (PACE) program, California homeowners will … Read →
View ArticleMan From Orangevale, California Indicted for Using False Information on Loan...
(Source: FBI) – A five-count grand jury indictment was unsealed today charging Valeri Kalyuzhnyy, 41, of Orangevale, with false statements … Read →
View ArticleCalifornia Housing Affordability Report for Q1 2013 Released
(Source: CAR) – Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, the … Read →
View ArticleCalifornia Governor Brown State Budget to Improve Economy by Investing in...
(Source: Governor Edmund G. Brown Jr.) – Governor Edmund G. Brown Jr. released a revised and balanced state budget today … Read →
View ArticleCongressman McNerney Joins Fellow Members of Congress to Convince HUD to Keep...
(Source: Congressman Jerry McNerney) – Congressman Jerry McNerney (D-Stockton), joined by Congresswoman Doris Matsui, Congressman John Garamendi, and Congressman Ami … Read →
View ArticleUnderwater Homes Gaining Equity in California
(Source: CAR) – Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the … Read →
View ArticleTwo Southern California Residents Convicted for Stealing $15M from Homeowners...
(Source: StopFraud) – After a nearly four-week trial, a federal jury in Sacramento returned guilty verdicts against Charles Head, 36, … Read →
View ArticleCalHFA Receives Nearly $12M to Help Californians with Extremely Low Income...
(Source: HUD) – In an effort to spare hundreds of Californians with disabilities from homelessness or unnecessary institutionalization, the U.S. … Read →
View ArticleCalifornia Shows Largest Year-to-Year Gains in Median Home Prices in the Past...
(Source: CAR) – Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price … Read →
View ArticleCalifornia Reinvestment Coalition Comments on NMS and Noncompliance from...
(Source: CRC) – Today, in response to the release of a new report from the Monitor of the national mortgage … Read →
View ArticleCalifornia Congresswoman Brownley Seeks to Revitalize Homeless Veterans Programs
(Source: Congresswoman Julia Brownley ) – Today, Representative Julia Brownley (D- Westlake Village) introduced the “Helping Homeless Veterans Act,” legislation … Read →
View ArticleCAR: Housing Finance Legislation May Harm California Housing Market Recovery
(Source: CAR) – The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) yesterday issued the following statement on the “Housing Finance Reform and … Read →
View ArticleAnother 4 Real Estate Investors From NorCal Plead Guilty to Foreclosure...
(Source: Justice Department) – Four Northern California real estate investors have agreed to plead guilty for their role in conspiracies … Read →
View ArticleCalifornia Congressman Thompson’s Address to Congress: Student Loan Rates...
(Source: Congressman Mike Thompson) – With student loan rates having been set to double this morning, U.S. Rep. Mike Thompson … Read →
View ArticleCalifornia Distressed Home Sales Continue to Go Down with Home Equity Sales...
(Source: CAR) – Pending home sales posted stronger than average gains in February for the second straight month, thanks to … Read →
View ArticleFive Day Homeowner and Buyer Assistance Event Starting This Thursday in...
(LoanSafe.org) – Homeowners and homebuyers in the area are invited to this free event being held by NACA. At this … Read →
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