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California Mortgage Refinancing 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 Refinancing News

  • Built on infomercial, Lend America fails homeowners 8 Dec 2009 16:44 GMT
    ... infomercials, did not fulfill all obligations when refinancing loans into government-backed mortgages, including paying off existing liens. As of Dec. ... company closed its doors after the Federal Housing Administration withdrew its approval for Lend America ...

  • How to win at playing retirement catch-up 8 Dec 2009 16:00 GMT
    ... travel, and cable and cell service. Skip two or three meals out each month. Refinance the mortgage before rates go up. Get a higher-deductible homeowners policy. Jog or ride a bike, and let the health-club membership lapse. Direct your ...

  • 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 , claiming ... withdrawn FHA approval for 270 others. for warehouse lines. They were told that, just like ... If a DU Refi Plus loan is refinancing an existing loan that has less than ...

  • 2 jobs, 1 goal: Serve people 8 Dec 2009 15:18 GMT
    ... long before he set foot in a firehouse. As a young man, he envisioned himself ... with his decision to open his own mortgage company instead of going to law school. It ... Salt Lake County Fire Department, who was refinancing his home. The captain suggested another career ...

  • 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 ... last week's requests, 51 percent were for refinance loans, 48 percent were for purchase loans ... Rate Monitor is compiled each week using thousands of mortgage rates for conforming loans quoted ...

  • 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 ... the industry leader in the Home Affordable Refinance Program (HARP), the second key component of ... America customers who are current on their mortgage payments have benefitted from enhanced loan-to-value ratios or ...

  • Consumer Housing Q&A: Talk to Financial Counselor before Giving up House 7 Dec 2009 22:28 GMT
    ... Consumer Housing Q&A: Talk to Financial Counselor before Giving ... last 16 years. It has an adjustable-rate mortgage of $162,000, which will adjust next year. I ... and that we have no equity in? Refinancing doesn't seem to be an option. We've ...

  • Bank of America says it modified 600,000 mortgages since January 2008 7 Dec 2009 19:28 GMT
    ... America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since January 2008. The renegotiated loans were ... said it has provided $215 billion to refinance existing mortgages. Bank of America was one ...

  • Bank of America says 600,000 mortgages modified 7 Dec 2009 19:20 GMT
    ... America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since January 2008. The renegotiated loans were ... said it has provided $215 billion to refinance existing mortgages. Bank of America was one ...

  • Bank of America Provides Relief to More Than 600,000 Homeowners Through Mortgage Modification Efforts 7 Dec 2009 14:37 GMT
    ... /PRNewswire/ -- Bank of America has provided mortgage relief through concluded and trial modifications to more ... long-term solutions to help distressed customers sustain homeownership," said Jack Schakett, credit loss mitigation strategies ... the industry leader in the Home Affordable Refinance Program (HARP), the second key component of ...

  • Bank of America Provides Relief to More Than 600,000 Homeowners Through Mortgage Modification Efforts 7 Dec 2009 13:52 GMT
    ... America Provides Relief to More Than 600,000 Homeowners Through Mortgage Modification Efforts Bank Offers Assistance through Home Affordable, ... the industry leader in the Home Affordable Refinance Program (HARP), the second key component of ...

  • Bank of America Provides Relief to More Than 600,000 Homeowners Through Mortgage Modification Effort 7 Dec 2009 13:44 GMT
    ... America Provides Relief to More Than 600,000 Homeowners Through Mortgage Modification Efforts Bank of America Provides Relief to ... the industry leader in the Home Affordable Refinance Program (HARP), the second key component of ...

  • Talk to financial counselor before giving up house 7 Dec 2009 13:43 GMT
    ... Question: We bought a house that has been a rental property for ... last 16 years. It has an adjustable-rate mortgage of $162,000, which will adjust next year. I ... and that we have no equity in? Refinancing doesn't seem to be an option. We've ...

  • Deputies witness recession's toll as evictions increase 6 Dec 2009 22:57 GMT
    ... rapped lightly on the door of a house on Sunbrook Court. He was there on ... Clara County Superior Court. But if the mortgage payments are no longer being made, the judge ... for nothing down on a subprime mortgage, refinanced it and took out an equity line ...

  • Trying to modify home loan? 6 Dec 2009 22:15 GMT
    ... the Ochoas win a permanent modification, their housing payments will be cut roughly in half, ... owes on their loan, making a mere refinance impossible. The federal program allows eligible borrowers ... flood of requests to modify millions of mortgages. "Lenders and servicers are making an unprecedented effort ...


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