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California Mortgage Rates 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 Rates News

  • Citi to Pay Back TARP? New Century vs. SEC; Equitable Trust Suspended; Flagstar, Wells, FAMC Updates 8 Dec 2009 15:37 GMT
    ... FHA loans. The FHA kicked Equitable Trust Mortgage (Baltimore) out of its program yesterday , ... and Equitable Trust's loans have a default rate over the national average. For folks keeping track, ... an LLPA are not permitted; MyCommunityMortgage and Home Possible loans are not impacted by these ...

  • real estate, homes for sale, homes, home, home prices, real estate agents, homeowners, listings, rea 8 Dec 2009 15:33 GMT
    ... real estate, homes for sale, homes, home, home prices, ... markets. Recent home price appreciation and rising mortgage rates & interest rates have had only a ...

  • Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October 8 Dec 2009 13:43 GMT
    ... Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October National ... purchase loans and 2 percent were for home equity loans. The prior week, 49 percent ...

  • Reid pushes for public option compromise deal -- Lieberman still a wild card -- Vote on abortion amendment expected today -- More chatter about 'ping-ponging' the Senate bill 8 Dec 2009 13:10 GMT
    ... Private Sector and Government Response to the Mortgage Foreclosure Crisis” : House members filed a ... to reduce interest and principle on primary residential mortgages. A similar measure has passed the ... better news than it seems. The unemployment rate fell to 10 percent in November, and companies shed ...

  • 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 ... Brokers took a break from the second-worst real estate market in a century and descended on ... market. Smith, a 26-year industry veteran who operates a mortgage referral business in Spring Valley, ...

  • As economic recession ends, U.S. stress rate stays the same 8 Dec 2009 07:54 GMT
    ... stabilization, thanks to steadying foreclosure and bankruptcy rates. But the gains may be brief. Unemployment ... woods," said Susan Wachter, a professor of real estate and finance at the University of Pennsylvania. ... Rising unemployment and defaults on payment-option adjustable-rate mortgages. Job losses have become a leading cause ...

  • Analysis shows economy entering slow recovery 8 Dec 2009 07:17 GMT
    ... stabilization, thanks to steadying foreclosure and bankruptcy rates. But the gains may be brief. Unemployment ... woods," said Susan Wachter, a professor of real estate and finance at the University of Pennsylvania. ... Rising unemployment and defaults on payment-option adjustable-rate mortgages. Job losses have become a leading cause ...

  • PRESS DIGEST - New York Times business news - Dec 8 8 Dec 2009 06:13 GMT
    ... Century Financial Corp of hiding losses as homeowners began missing mortgage payments. The claims, made in a civil ... the beleaguered music industry's latest bid to generate more money from its content, two top music ...

  • Shoals still in path of Wall Street regulations 8 Dec 2009 05:26 GMT
    ... issue are provisions that could affect how homebuyers obtain mortgages, how large firms transact complicated financial trades ... overcome procedural hurdles. Democrats have become increasingly frustrated with the pace of loan modifications by mortgage ...

  • Analysis: Economic recovery has begun 8 Dec 2009 05:24 GMT
    ... stabilization, thanks to steadying foreclosure and bankruptcy rates. But the gains may be brief. Unemployment ... woods," said Susan Wachter, a professor of real estate and finance at the University of Pennsylvania. ... Rising unemployment and defaults on payment-option adjustable-rate mortgages. Job losses have become a leading cause ...

  • Real estate consumerism, at any cost 8 Dec 2009 04:37 GMT
    ... lists of cities with the highest foreclosure rates. If that grocery store stat stunned you, ... wondered, are struggling with or missing their mortgage payments this month? How many are out ... is simply the retail version of the real estate lust that led so many of us ...

  • Editorial: Use stimulus funds to extend COBRA 8 Dec 2009 04:35 GMT
    ... the table and pay the rent or mortgage. Fortunately, most of the federal stimulus money ... go to families in need, freeing up household cash for basic necessities and thereby providing ... laid-off workers choosing COBRA coverage, the enrollment rates were still only about 38 percent. And ...

  • AP analysis: US economy entering sluggish recovery 8 Dec 2009 04:34 GMT
    ... stabilization, thanks to steadying foreclosure and bankruptcy rates. But the gains may be brief. Unemployment ... woods," said Susan Wachter, a professor of real estate and finance at the University of Pennsylvania. ... Rising unemployment and defaults on payment-option adjustable-rate mortgages. Job losses have become a leading cause ...

  • SEC accuses 3 ex-New Century execs of fraud 8 Dec 2009 04:34 GMT
    ... accused three former top executives of collapsed mortgage lender New Century Financial Corp. of fraud, ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... and completely fulfilled all her fiduciary and corporate obligations to New Century and its shareholders," Dodge's ...

  • US Economy Entering Sluggish Recovery 8 Dec 2009 04:34 GMT
    ... stabilization, thanks to steadying foreclosure and bankruptcy rates. But the gains may be brief. Unemployment ... woods," said Susan Wachter, a professor of real estate and finance at the University of Pennsylvania. ... Rising unemployment and defaults on payment-option adjustable-rate mortgages. Job losses have become a leading cause ...


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