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California Home Equity News

California Home Equity News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.

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Weak real estate market has many paying less property tax this year 6 Dec 2009 10:35 GMT
... Thursday, but also a slip in their home equity. The trend toward declining home values may ... last year, suggesting a renewed confidence in real estate, says county Assessor-Recorder Sean Saldavia. "I'm hopeful ... hopeful we've hit a bottom in the residential market. I think this is reflective of ...
Report: Nearly 70 percent of LV homeowners underwater on mortgage 30 Nov 2009 16:53 GMT
... negative equity numbers for home mortgages and home equity lines of credit. The company, based in ... nearly 10.7 million, or 23 percent, of residential properties nationwide with mortgages were in negative ... rate as high as 16 percent. Residential real estate prices in Nevada have suffered through the ...
Quarter of Home Borrowers Are Upside Down 30 Nov 2009 16:41 GMT
... are upside down in terms of their home equity. Close to 1 out of every 4 ... trend could pose a threat to a residential real estate recovery, because it increases the number of ...
Why Obama Won't Do What's Needed to Deal With the Mortgage Crisis 2 Dec 2009 18:17 GMT
... many people live. says anyone with negative home equity should simply walk away. Arizona, like California, ... equity in excess of 25%. The total residential mortgage debt in Nevada is 1.14 times ... 1.14 times the value of the underlying real estate. The majority of America's underwater mortgages, about ...
No cartwheels for mortgage broker 7 Dec 2009 08:43 GMT
... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... especially true in the minority population, where home equity is often the principal source of wealth. ...
Mortgage broker doesn't see market settling until at least 2012 7 Dec 2009 17:22 GMT
... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... especially true in the minority population, where home equity is often the principal source of wealth. ...
The sweet deal that financed Erik and Angela Osborn's Polo Club home has turned sour 29 Nov 2009 22:54 GMT
... 's money go? Documents filed in connection with more than ... ). But this past June, the Colorado Real Estate Commission voted to allow regulators to revoke ... Not only did this inflation of the property price beyond its market value enable Angela ...
Gov't unveils rules to speed up 'short sales' 1 Dec 2009 22:51 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...
Treasury unveil rules to quicken short sales 1 Dec 2009 23:31 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...
Gov't unveils rules to speed up 'short sales' 2 Dec 2009 07:34 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...
Treasury unveil rules to quicken homeowners' short sales 2 Dec 2009 17:15 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggyback loans. The Treasury Department ...
Feds unveil new short sale rules 3 Dec 2009 08:49 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...
Many area homeowners are 'underwater' . 7 Dec 2009 16:53 GMT
... Worth-Arlington, 12.3 percent, or 46,082, of all residential properties with a mortgage were in negative ... factoring in amortization and utilization rates for home equity lines of credit, or HELOC. By comparison, ... Florida (45 percent), Michigan (37 percent) and California (35 percent). “The rise in negative equity ...
Government unveils rules to speed up 'short sales' 2 Dec 2009 03:35 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...
New fed rules speed up 'short sales` 3 Dec 2009 04:32 GMT
... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...

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Pictures of the Day

reuters.com:
Quarter in U.S. Foreclosure Plan Late on Payments
United States Foreclosures News

news.com.au:
Yuletide Rush on Homes in Melbourne and Sydney
Australia Real Estate News

nzherald.co.nz:
New Zealand: House Values Climb But Many Vendors Choose to Stay Put
New Zealand Real Estate News

thisismoney.co.uk:
Could You Still Cash in on Your Home?
Equity Release News

timesonline.co.uk:
Wish You Weren't Here
Second Home Market News

telegraph.co.uk:
Beauty - But at What Price?
UK Real Estate News

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Buying and Selling News

Pending Home Sales Best In 3 1/2 Years As Factories Expand and China's Reluctance To Let Yuan Rise Is Mixed Bag For U.S. [08 Dec 2009 - 03:33]
The Winnipeg real estate market recorded its second-best November for home sales in the organization's 106-year-history. [08 Dec 2009 - 02:06]
Jamie Oliver enjoys tasty home sales [08 Dec 2009 - 00:34]
Ireland - Lakeside Home with Private Marina for Sale [07 Dec 2009 - 23:10]
C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]

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Housing Market News

Home prices dive [08 Dec 2009 - 04:56]
Peel residents get hand with housing market [08 Dec 2009 - 04:37]
Foreclosure auction finds buyers for 75 SWFL homes [08 Dec 2009 - 04:36]
Court grants lenders 13 orders for repossession [08 Dec 2009 - 02:44]
Survey: Decline in housing market halting [08 Dec 2009 - 02:06]

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Institutions News

Buyers Protection completes acquisition of 2 LandAmerica units [07 Dec 2009 - 23:57]
Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]

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Mortgage Lenders News

Fannie Mae to redeem about $265M of securities [08 Dec 2009 - 01:23]
Bank of America says 600,000 mortgages modified [08 Dec 2009 - 01:01]
Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

Ellington's Vranos to bet $208M IPO on mortgage bonds [08 Dec 2009 - 04:31]
Difference between Second Mortgage and Home Equity Loan [07 Dec 2009 - 22:14]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [07 Dec 2009 - 21:02]

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Real Estate Miscellaneous News

Mortgage execs face fraud charges [08 Dec 2009 - 04:56]
Herman Miller's Embody Chair Receives FX International Interior Design Award [08 Dec 2009 - 01:18]
Weak Real Estate Market Has Many Paying Less Property Tax This Year [07 Dec 2009 - 23:32]
Court Upholds Sentence In Mortgage Fraud [07 Dec 2009 - 23:05]
Appeals Court Upholds Sentence in Mortgage Fraud [07 Dec 2009 - 21:26]

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