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California Mortgage Market 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 Market News

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  • U.S. Fed boosts bank scrutiny 20 Nov 2009 17:13 GMT
    ... a note posted on the Newport Beach, California-based company's Web site Thursday. Finance officials in ... Korea are trying to rein in surging property prices. The U.S. shouldn't adjust monetary policy to ... highest since the 2007 collapse of the subprime-mortgage market, as investment-banking revenue helped it overcome ...

  • California Coastal Communities, Inc. Reports Third Quarter Results 16 Nov 2009 21:30 GMT
    ... the homebuilding industry. The weakness in the housing market continues to reflect a supply-demand imbalance ... reduced job losses, gradual stabilization in the mortgage market, and recent increases in home sales volumes ... and from year-to-year. The Company is a residential land development and homebuilding company operating in ...

  • Home Sales Expected To Increase In 2010 18 Nov 2009 16:32 GMT
    ... in 2010, staggering unemployment continues to handicap real estate recovery. Housing deflation rates are expected to drop below ... drag towards improving stabilization without a healthy mortgage market. After more than a three year downturn ...

  • Housing Markets Forecast to Improve in 2010 18 Nov 2009 01:32 GMT
    ... Housing Markets Forecast to Improve in 2010 Housing ... deflation is the lowest average since the real estate downturn began nearly four years ago. Markets ... dot com. On going problems in the mortgage market and slow government response to the crisis ...

  • Why Foreclosures Rise Even as the Economy Expands 19 Nov 2009 23:53 GMT
    ... Obama administration. About 1 in every 7 home loans in the country was either past ... the foreclosure crisis. Initial problems in the mortgage market were largely rooted in subprime loans and ... California—four states at the center of the housing boom and bust—accounted for 43 percent of all ...

  • CMG Mortgage Expands Into Denver Market 16 Nov 2009 17:17 GMT
    ... our company’s ability to offer our proprietary Home Ownership Accelerator (HOA) loan product to an ... 2008 due to the onset of the mortgage market meltdown. The HOA loan product offers ... year-end.  SOURCE: Don't miss the latest real estate finance news -- ...

  • Redwood Trust Announces Appointment of Diane L. Merdian as CFO and Election of Jeffrey T. Pero to the Board of Directors 18 Nov 2009 17:12 GMT
    ... 2009 Fannie Mae exists to expand affordable housing and bring global capital to local communities in ... federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage ... lenders so that they may lend to home buyers. MCLEAN, Va., Nov. 16 /PRNewswire-FirstCall/ -- ...

  • Lower rates open doors for buyers, refinancing homeowners 13 Nov 2009 05:56 GMT
    ... If you purchased a home a year ago and have the equity ... lower than your rent. Freddie Mac's Primary Mortgage Market Survey last week put the average ... broker owner of Platinum Capital Mortgage And Real Estate in Salinas. So at 6.39 percent a ...


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