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

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  • The £75m banker, his stunning wife and a tryst with an England footballer: The truth about Diana Jenkins 21 Nov 2009 03:20 GMT
    ... She also denied knowing Ferdinand. Just one problem. At that ... nanny to look after their daughter. The property, perched on the most exclusive stretch of ... husband's employer at the height of the credit crunch. It was Diana, apparently, who charmed the ...

  • Home loan defaults prompt concerns about the recovery 20 Nov 2009 08:01 GMT
    ... (AP) — A rising proportion of fixed-rate home loans made to people with good credit are ... home prices downward, especially in the hardest-hit California and Florida cities, places that are also ... loans with adjustable rates that triggered the mortgage crisis. Subprime loans with adjustable rates have ...

  • Why Foreclosures Rise Even as the Economy Expands 20 Nov 2009 17:18 GMT
    ... Obama administration. About 1 in every 7 home loans in the country was either past ... as the most fundamental factor behind the mortgage crisis. A job loss, after all, can prevent ... struggling borrowers to relinquish ownership of their property but remain there as renters. Similar efforts ...

  • Foreclosures hitting more prime loans 20 Nov 2009 00:35 GMT
    ... WASHINGTON -- A rising proportion of fixed-rate home loans made to people with good credit are ... home prices downward, especially in the hardest-hit California and Florida cities, places that are also ... loans with adjustable rates that triggered the mortgage crisis. Subprime loans with adjustable rates have ...

  • Foreclosures hitting more people with prime loans 20 Nov 2009 04:37 GMT
    ... loans -- A rising proportion of fixed-rate home loans made to people with good credit are ... home prices downward, especially in the hardest-hit California and Florida cities, places that are also ... loans with adjustable rates that triggered the mortgage crisis. Subprime loans with adjustable rates have ...

  • Mortgage delinquencies hit record-high in 3Q 20 Nov 2009 06:16 GMT
    ... More than 14 percent of American homeowners with a mortgage were either behind on ... home prices downward, especially in the hardest-hit California and Florida cities, places that are also ... with adjustable rates that kicked off the mortgage crisis. Fixed-rate loans made to so-called prime ...

  • U.S. Fed boosts bank scrutiny 20 Nov 2009 17:13 GMT
    ... Morgan Stanley CEO John Mack says he likes the attention ... in lending standards that contributed to the credit crisis. The central bank's monitoring takes on renewed ... Korea are trying to rein in surging property prices. The U.S. shouldn't adjust monetary policy ...

  • Bond issue for Park East area campus wins approval 20 Nov 2009 07:44 GMT
    ... Bond issue for Park East area campus wins approval Fri. ... bond issue to finance Park East Square apartments. A new design for the apartments is ... apartments to follow. But the recession and credit crunch delayed those plans. His firm, RSC ...

  • Commercial real estate woes imperil US recovery 15 Nov 2009 05:52 GMT
    ... Commercial real estate woes imperil US recovery A faded ... the fragile recovery could falter. An old residential building is reflected on an commercial office ... the effects of the recession and the credit crunch, rather than the type of building boom ...

  • Real Estate Recovery in Southern California: Home Sales Increase for 16th Straight Month 19 Nov 2009 09:16 GMT
    ... Southern California home sales rose in October as prices ... 2007 – one month after the current credit crunch hit – marked the beginning of a ... evidence from October sales data that the real estate market in California has stabilized and is ...

  • Real Estate Recovery in So. California: Home Sales Increase 16th Straight Month, Prices 6th Month 19 Nov 2009 05:14 GMT
    ... month in a row with a year-over-year sales gain, although last ... 2007 – one month after the current credit crunch hit – marked the beginning of a ... evidence from October sales data that the real estate market in California has stabilized and is ...

  • Real Estate Recovery in So. California: Home Sales Increase 16th Straight Month, Prices 6rd Month 18 Nov 2009 22:14 GMT
    ... Southern California home sales rose in October as prices showed ... 2007 – one month after the current credit crunch hit – marked the beginning of a ...

  • Credit crunch strikes Promenade Shops at Centerra 18 Nov 2009 18:56 GMT
    ... LOVELAND — The lenders behind a $116 million loan ... business at Centerra has been good. “The property itself is actually performing very, very well,” ... result of bad luck because of the credit crunch, he doesn't have reason to feel sorry ...

  • Southern California Home Prices Improve In October 18 Nov 2009 16:32 GMT
    ... Despite a small decrease in the median home price, Southern California real estate sales rose in October. This rise can ... 2007 – one month after the current credit crunch hit – marked the beginning of a ...

  • Frank floats loan plan for unemployed homeowners 16 Nov 2009 21:33 GMT
    ... Frank floats loan plan for unemployed homeowners U.S. criticizes Bank of America, Wells Fargo ... according to data being released Tuesday. In California, about 130,000 homeowners have been enrolled in ... the Obama administration's plan to tackle the mortgage crisis. A report by a congressional oversight ...


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