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California Mortgage Refinancing News

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

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Homebuying tax credit all but dead 29 Nov 2009 08:32 GMT
... Industry Association, a trade group for the residential construction industry. An Assembly bill extending the ... of these buyers used a safe fixed-rate mortgage. Six in 10 first-timers used savings to ... June. About 9,100 buyers filled it out. Refinancing activity is picking up again, insiders say, ...
Mortgage rates at record low 4 Dec 2009 08:41 GMT
... Mortgage rates have reached a historic low of 4.71 ... miniboom among homebuyers and owners wanting to refinance. The rates, reported yesterday in the weekly ... buying more affordable and prop up the housing market. Despite the government support, qualifying for ...
Overview of White Collar Crimes in California 4 Dec 2009 11:32 GMT
... Attorney General has focused recently on prosecuting mortgage fraud cases, law enforcement officials have also been ... With the bottom falling out of the housing market and foreclosure rates reaching all-time highs, ... schemes. This includes investigations into fraudulent mortgage refinancing and loan modification. These schemes may involve ...
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 ...
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 ...
Thirty-Year Fixed Mortgage Rate Continues Rapid Fall; Lowest Rate Since Zillow Mortgage Marketplace Launched in April 2008 1 Dec 2009 13:30 GMT
... Thirty-Year Fixed Mortgage Rate Continues Rapid Fall; Lowest Rate Since Zillow ... last week's requests, 49 percent were for refinance loans, 49 percent were for purchase loans ... Rate Monitor is compiled each week using thousands of mortgage rates for conforming loans quoted ...
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 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 ...
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 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 ...
Option-ARMs: Housing recovery killer? 30 Nov 2009 11:00 GMT
... sounded good at the time." These exotic mortgages allowed homebuyers to come to closing with little ... have the power to derail the nascent housing market recovery. "The crux of the matter ... borrowers will not be good candidates for refinancing or mortgage modifications because their loan-to-value ratios ...
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 ...
UPDATE 1-Lend America ceases operations, mortgage lending 1 Dec 2009 22:30 GMT
... 1 (Reuters) - Lend America, a home mortgage company under fire for allegedly violating government underwriting ... website came a day after the Federal Housing Administration canceled its approval for the lender ... and left borrowers scrambling for help in refinancing loans. To maintain volume, lenders focused their ...
3 Judge Erases $525G Mortgage for N.Y. Couple, Citing 'Repulsive' Acts by Bank > 29 Nov 2009 06:41 GMT
... Judge Jeffrey Spinner wiped out $525,000 in mortgage payments demanded by a California bank, blasting its ... owing absolutely no money on their ranch house in East Patchogue. Spinner pulled no punches ... $200,000. In 2004, court records show, they refinanced, paying off their original mortgage with part ...
3 Judge Erases $525G Mortgage for N.Y. Couple, Citing 'Repulsive' Acts by Bank > 29 Nov 2009 07:16 GMT
... Judge Jeffrey Spinner wiped out $525,000 in mortgage payments demanded by a California bank, blasting its ... owing absolutely no money on their ranch house in East Patchogue. Spinner pulled no punches ... $200,000. In 2004, court records show, they refinanced, paying off their original mortgage with part ...

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BusinessWeek names Tinley Park, Ill., 'Best Place in America to Raise Kids' [23 Nov 2009]

Florida commercial property Answer- Real Estate Subleasing Tip! [20 Nov 2009]

Austin Real Estate Broker Kenn Renner of BuyAustin.com Alert - First Time Homebuyer Credit extension Update! [16 Nov 2009]

West Palm Beach commercial real estate broker offers key points to remember when refinancing a commercial property mortgage [16 Nov 2009]

Choice Home Mortgage Services announces Reverse Mortgage Specialist, Frank Miller, has joined their exclusive Long Island Reverse Mortgages team. [26 Oct 2009]

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Buying and Selling News

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Housing Market News

Toll Brothers' Housing Market Insights [08 Dec 2009 - 13:23]
Otis Subsidiary to Provide More Than a Thousand Elevators for Singapore Public Housing Estates [08 Dec 2009 - 13:22]
Foreclosure policy summit coming to Chicago [08 Dec 2009 - 12:58]
Foreclosures Offer Deals but They're Not Easy to Find [08 Dec 2009 - 12:34]
Kaptur: Helping Veterans with Home Ownership [08 Dec 2009 - 12:17]

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Institutions News

Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [08 Dec 2009 - 06:39]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [08 Dec 2009 - 06:39]
Buyers Protection completes acquisition of 2 LandAmerica units [07 Dec 2009 - 23:57]
Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]

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Mortgage Lenders News

Northern Rock shareholders will get nothing [08 Dec 2009 - 13:59]
Treasury to split Northern Rock next year [08 Dec 2009 - 13:39]
HM Treasury Confirms That Restructuring Of Northern Rock Will Take Place On 1 January 2010 [08 Dec 2009 - 13:23]
Northern Rock split date is set [08 Dec 2009 - 12:59]
Treasury issues Northern Rock transfer order [08 Dec 2009 - 12:58]

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Property Developers News

China's Evergrande sees prop sales up 50 pct in 2010 [08 Dec 2009 - 12:32]
HKEx: Admission Of Evergrande Real Estate Group Ltd To List Of Designated Securities For Short Selling [08 Dec 2009 - 11:33]
China's Evergrande sees home sales up 50 pct in 2010 [08 Dec 2009 - 09:42]
Intellectual Property Watch examines WHO working group on drug development financing [08 Dec 2009 - 06:18]
Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]

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Real Estate Brokers News

ZipRealty Introduces Free iPhone Application Enabling Mobile House-Hunting in More Than 4,800 Locations [08 Dec 2009 - 14:46]
Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]

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Real Estate Financing News

Zillow: Mortgage rates on the rise again [08 Dec 2009 - 14:48]
Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October [08 Dec 2009 - 14:18]
New Issue-Coventry Building Society prices 500 mln stg 2012 bond [08 Dec 2009 - 14:01]
BRFkredit a/s Spreads the Refinancing of Adjustable Rate Mortgage Loans [08 Dec 2009 - 14:01]
Kotak Mahindra Bank unveils special home loan offers [08 Dec 2009 - 13:58]

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Real Estate Miscellaneous News

New projections have Washington looking at higher real estate taxes [08 Dec 2009 - 09:41]
Six accused of dealing in mortgage fraud [08 Dec 2009 - 07:42]
Mortgage execs face fraud charges [08 Dec 2009 - 04:56]
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Herman Miller's Embody Chair Receives FX International Interior Design Award [08 Dec 2009 - 01:18]

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