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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

  • Mortgage broker doesn't see market settling ... 8 Dec 2009 08:45 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... was the title of another. The Federal Housing Administration is the biggest player in the mortgage market now that so many other lenders have ...

  • Business briefs: Jolt of GM's Volt is $700 million for Michigan 8 Dec 2009 06:51 GMT
    ... a technological and economic boost for its home state. GM's plant that straddles the border ... 2006. In a case stemming from the mortgage market meltdown, the Securities and Exchange Commission filed ... Coal Co. plans to blast and mine thousands of acres atop the mountain, which has enough ...

  • SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse 8 Dec 2009 02:45 GMT
    ... 2006. In a case stemming from the mortgage market meltdown, the U.S. Securities and Exchange Commission ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • SEC charges ex-N.Century execs in subprime case 7 Dec 2009 21:40 GMT
    ... to bring major players in the subprime mortgage market to justice. The U.S. Securities and Exchange ... one of the largest independent providers of home loans to people with poor credit, filed for ... District Court for the Central District of California, No. 09-01426. ...

  • US SEC charges ex-N.Century execs in subprime case 7 Dec 2009 21:24 GMT
    ... to bring major players in the subprime mortgage market to justice. The U.S. Securities and Exchange ... one of the largest independent providers of home loans to people with poor credit, filed for ... District Court for the Central District of California, No. 09-01426. (Reporting by ...

  • Subprime execs accused of fraud 7 Dec 2009 21:21 GMT
    ... 2006. In a case stemming from the mortgage market meltdown, the Securities and Exchange Commission filed ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • SEC accuses 3 ex-New Century execs of fraud 7 Dec 2009 20:43 GMT
    ... 2006. In a case stemming from the mortgage market meltdown, the Securities and Exchange Commission filed ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • Subprime execs accused of fraud 7 Dec 2009 20:41 GMT
    ... 2006. In a case stemming from the mortgage market meltdown, the Securities and Exchange Commission filed ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • SEC accuses 3 ex-New Century execs of fraud 7 Dec 2009 19:34 GMT
    ... In a case stemming from the mortgage market meltdown, the Securities and Exchange Commission filed ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... March 2008 report, a court examiner in California found that New Century used improper accounting ...

  • 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 ... was the title of another. The Federal Housing Administration is the biggest player in the mortgage market now that so many other lenders have ...

  • 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 ... was the title of another. The Federal Housing Administration is the biggest player in the mortgage market now that so many other lenders have ...

  • TCW's Gundlach fired, replaced by MetWest cofounder 6 Dec 2009 19:55 GMT
    ... Management, speaks during The Future of the Mortgage Market: Where Do We Go From Here ... Milken Institute Global Conference in Beverly Hills, California in this April 28, 2008 file photo. ... rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content ...

  • Mortgage rates at record low 4 Dec 2009 08:41 GMT
    ... yesterday in the weekly Freddie Mac Primary Mortgage Market Survey, were down from last week’s 4.78 ... buying more affordable and prop up the housing market. Despite the government support, qualifying for ... their house is currently worth, according to real estate information company First American CoreLogic. Dave McDonald, ...

  • Lawmakers Want to Make Higher FHA Loan Limits Permanent 3 Dec 2009 22:42 GMT
    ... from its expanded share of the U.S. mortgage market, the agency could face pressure from some ... do anything too dramatic. Lawmakers from high-cost housing districts, for example, want to ensure that the ... for persons who can pay for a home but who are without the necessary down ...

  • BUYINS.NET: Fannie Mae (FNM) Daily Short Sale Trading Volume Through 11-30-09. Over 1.04 Billion Shares Shorted in Past 4 Months. 1 Dec 2009 11:37 GMT
    ... liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage ... operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets. The Single-Family ... in their entirety within the State of California only. By using the services of this ...


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