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California Mortgage Affordability News

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

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Congress demands banks do more on mortgages 8 Dec 2009 21:30 GMT
... WASHINGTON (CNN) -- Executives for mortgage companies and government officials faced an angry ... the complaints lodged by members of the House Financial Services Committee focused on the slow ... eligible for the $75 billion Making Home Affordable program are people who occupy the home as ...
Washington Post: Democrats push more mortgage aid 8 Dec 2009 21:15 GMT
... Post Staff Writers Tuesday, December 8, 2009 House Democrats are seeking to tap the government's ... jobs and are struggling to make their mortgage payments. House Financial Services Committee Chairman Barney ... foreclosure prevention program, known as Making Home Affordable, has faced pressure recently because lenders have ...
Frank agrees to $3 bln for unemployed homeowners 8 Dec 2009 21:00 GMT
... to concerns from the Congressional Black Caucus, House Financial Services Committee Chairman Barney Frank has ... a Consumer Financial Protection Agency to oversee mortgage and credit card products and investor protection ... an effort to increase the supply of affordable rental housing in blighted neighborhoods. Members of the ...
City National Makes $5 Million Investment in Neighborhood Housing Services of America to Support Org 8 Dec 2009 19:16 GMT
... Oakland, Calif., NHSA is a national nonprofit affordable housing and community development organization. The $5 ... maintain dividend payments to investors holding distressed mortgages while it works with homeowners to refinance, ... National, which has foreclosed on only two residential properties since it began originating home mortgage ...
City National Makes $5 Million Investment in Neighborhood Housing Services of America to Support Organization's Foreclo 8 Dec 2009 19:13 GMT
... Oakland, Calif., NHSA is a national nonprofit affordable housing and community development organization. The $5 ... maintain dividend payments to investors holding distressed mortgages while it works with homeowners to refinance, ... National, which has foreclosed on only two residential properties since it began originating home mortgage ...
City National Makes $5 Million Investment in Neighborhood Housing Services of America to Support Organization's Foreclosure Mitigation Program 8 Dec 2009 19:11 GMT
... Oakland, Calif., NHSA is a national nonprofit affordable housing and community development organization. The $5 ... maintain dividend payments to investors holding distressed mortgages while it works with homeowners to refinance, ... National, which has foreclosed on only two residential properties since it began originating home mortgage ...
New West Best Books in the West 2009, Part 2 8 Dec 2009 16:15 GMT
... one of the first to be laid off when the paper downsized. Matt couldn't afford to lose his job: he's got an enormous mortgage on a big house, a car payment, a garage full of supposedly collectible crap that his wife purchased ...
Creator Dealing With Family Foreclosure Builds an Affordable Home That Everyone Can Buy Called 'Hous 8 Dec 2009 16:13 GMT
... Creator Dealing With Family Foreclosure Builds an Affordable Home That Everyone Can Buy Called 'House In A Box(TM)' Creator Dealing With Family ... homeowner's emotional, stress free, dream home. No mortgage payments, no utilities bills, no property taxes, ...
Chase Offers 568,000 Modifications on More Than $100 Billion of Mortgages in 2009 8 Dec 2009 15:55 GMT
... to help struggling borrowers using the Home Affordable Mortgage Program. If they are not eligible for ... modifications permanent," Scharf said. "We have hired thousands of employees and expanded our outreach, and ...
ACORN Did Nothing Illegal, Independent Probe Finds 8 Dec 2009 15:50 GMT
... videos, the pair plans to buy a house for use as a brothel, pretends to ... advocacy about foreclosure prevention, fair wage laws, affordable housing, first-time home ownership, predatory lending reform and ... first-time home ownership, predatory lending reform and mortgage protection. The video controversy erupted as ACORN ...
Creator Dealing With Family Foreclosure Builds an Affordable Home That Everyone Can Buy Called 'House In A Box(TM)' 8 Dec 2009 15:30 GMT
... Creator Dealing With Family Foreclosure Builds an Affordable Home That Everyone Can Buy Called 'House In A Box(TM)' NEWARK, Calif., Dec. 8 ... homeowner's emotional, stress free, dream home. No mortgage payments, no utilities bills, no property taxes, ...
Bank of America Mortgage Modification Efforts 8 Dec 2009 10:55 GMT
... long-term solutions to help distressed customers sustain homeownership," said Jack Schakett, credit loss mitigation strategies ... America Home Loans. "Through the government's Home Affordable Modification Program (HAMP) and our own programs, we ... America customers who are current on their mortgage payments have benefitted from enhanced loan-to-value ratios ...
Mortgage broker doesn't see market settling ... 8 Dec 2009 08:45 GMT
... College : Has been involved in the mortgage industry since 1982, including Plaza Bank and ... was the title of another. The Federal Housing Administration is the biggest player in the ... on the streets. I believe the Home Affordable Mortgage Program (aimed at encouraging lenders to modify ...
Real estate consumerism, at any cost 8 Dec 2009 04:37 GMT
... Unfortunately, neither can you drive down a residential street without seeing several "For Sale" signs ... wondered, are struggling with or missing their mortgage payments this month? How many are out ... bigger homes as long as we could afford the next month's payment, on the assumption ...
Editorial: Use stimulus funds to extend COBRA 8 Dec 2009 04:35 GMT
... program that has made health insurance more affordable for millions of laid-off workers and their families. ... Congress doesn't extend the subsidy, hundreds of thousands more each month will face a tripling ... the table and pay the rent or mortgage. Fortunately, most of the federal stimulus money ...

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BusinessWeek names Tinley Park, Ill., 'Best Place in America to Raise Kids' [23 Nov 2009]

Florida commercial property Answer- Real Estate Subleasing Tip! [20 Nov 2009]

Austin Real Estate Broker Kenn Renner of BuyAustin.com Alert - First Time Homebuyer Credit extension Update! [16 Nov 2009]

West Palm Beach commercial real estate broker offers key points to remember when refinancing a commercial property mortgage [16 Nov 2009]

Choice Home Mortgage Services announces Reverse Mortgage Specialist, Frank Miller, has joined their exclusive Long Island Reverse Mortgages team. [26 Oct 2009]

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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

Regional Spotlight: Connecticut Home Sales Rise 11.5% in October 2009; Condo Sales Increase 10% [08 Dec 2009 - 22:56]
Patton Earns NAR Short Sales and Foreclosure Certification [08 Dec 2009 - 20:16]
LV home prices rise as sales take seasonal fall [08 Dec 2009 - 20:14]
Car Financing for the First Time Buyer [08 Dec 2009 - 20:14]
For the 10th consecutive month, existing home sales in Jackson County improved by double digits over the same period last year. [08 Dec 2009 - 19:14]

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Housing Market News

Home Mistakenly Sold At Foreclosure [08 Dec 2009 - 22:47]
US charges 5 with foreclosure scam in Philly area [08 Dec 2009 - 22:01]
Home prices up in third quarter [08 Dec 2009 - 21:26]
Florida home prices up 0.6% in 3Q [08 Dec 2009 - 20:54]
Housing Markets Most Likely to Have Hit Bottom [08 Dec 2009 - 20:52]

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Institutions News

Texas Association of Realtors Names Travis Kessler CEO [08 Dec 2009 - 21:25]
Federal Housing Administration's condo financing rules already scuttling projects [08 Dec 2009 - 20:49]
LandAmerica Financial Group, Inc. (LFGRQ: Pink Quote) | Deleted Symbol [08 Dec 2009 - 18:14]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [08 Dec 2009 - 06:39]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [08 Dec 2009 - 06:39]

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Mortgage Lenders News

Fannie Mae to redeem about $540M of securities [08 Dec 2009 - 20:20]
No compensation for Northern Rock investors [08 Dec 2009 - 20:17]
Northern Rock shareholders stiffed [08 Dec 2009 - 19:43]
Northern Rock shares worthless, says valuer [08 Dec 2009 - 18:47]
Northern Rock shares worthless - valuer [08 Dec 2009 - 18:47]

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Property Developers News

ING Real Estate Community sells off US and Canadian seniors [08 Dec 2009 - 18:14]
China's Evergrande sees prop sales up 50 pct in 2010 [08 Dec 2009 - 12:32]
HKEx: Admission Of Evergrande Real Estate Group Ltd To List Of Designated Securities For Short Selling [08 Dec 2009 - 11:33]
China's Evergrande sees home sales up 50 pct in 2010 [08 Dec 2009 - 09:42]
Intellectual Property Watch examines WHO working group on drug development financing [08 Dec 2009 - 06:18]

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Real Estate Brokers News

Natick Re/Max collecting coats for needy people [08 Dec 2009 - 20:16]
Menards Joins Re/Max as Co-Presenting Title Sponsor of ARCA Series in 2010 [08 Dec 2009 - 16:47]
Menards, RE/MAX Named Presenting Sponsors [08 Dec 2009 - 15:45]
ZipRealty Introduces Free iPhone Application Enabling Mobile House-Hunting in More Than 4,800 Locati [08 Dec 2009 - 15:12]
ZipRealty Introduces Free iPhone Application Enabling Mobile House-Hunting in More Than 4,800 Locations [08 Dec 2009 - 14:46]

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Real Estate Financing News

Shinseki Says VA's Home Loan Program a 'Continued Success' [08 Dec 2009 - 22:46]
ICICI joins home loan war; offers 8.25% for 2 years [08 Dec 2009 - 21:27]
Home loan battle heats up as ICICI, Kotak cut rates [08 Dec 2009 - 21:18]
Chase offers to redo $100B in home loans [08 Dec 2009 - 20:51]
Shinseki Says VA's Home Loan Program a Continued Success [08 Dec 2009 - 20:49]

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Real Estate Miscellaneous News

Webster man pleads guilty to $7M mortgage fraud [08 Dec 2009 - 22:56]
Massanelli continues to offer interior design services [08 Dec 2009 - 20:20]
Shoppers urged to check if home insurance covers gifts [08 Dec 2009 - 20:15]
Best Deal on Home Insurance [08 Dec 2009 - 19:49]
Mortgage costs return to levels seen at start of the year, says Moneyfacts [08 Dec 2009 - 18:01]

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