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California Home Loans News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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  • Freddie Mac Posts Loss, Says It Doesn't Need Aid 7 Nov 2009 07:37 GMT
    ... , the mortgage-finance company in government conservatorship, posted a narrower ... and temporary programs delaying foreclosures expired, Irvine, California-based data company RealtyTrac Inc. said. and Fannie ... or guarantee almost half of the U.S. residential mortgage debt. They were chartered by the ...

  • 4 Things You Should Know About FHA Loans 6 Nov 2009 17:57 GMT
    ... 4 Things You Should Know About FHA Loans By: Miranda ... the house you purchase is. The maximum home loan in most real estate markets is $271,050. However, if you live ...

  • First PacTrust Bancorp, Inc. Announces 3rd Quarter and Year to Date 2009 Earnings (Unaudited) 6 Nov 2009 11:11 GMT
    ... CHULA VISTA, Calif.--(BUSINESS WIRE)-- First PacTrust Bancorp, Inc. (Nasdaq: ... $46.8 million at December 31, 2008. Other real estate owned acquired in settlement of loans declined ... insurance investment 17,846 17,565 Advances from Federal Home Loan Bank 150,000 175,000 Shareholders' equity 97,014 98,723 Minimum ...

  • Fannie Mae offers borrowers option to foreclosure 6 Nov 2009 00:11 GMT
    ... By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) - Can't pay the ... they own or guarantee almost 31 million home loans worth about $5.5 trillion, about half of ... months ago. To find out whether your home loan is owned by Fannie Mae or Freddie Mac, ...

  • First PacTrust Bancorp, Inc. Announces 3rd Quarter and Year to Date 2009 Earnings (Unaudited) (BIZ) 6 Nov 2009 11:10 GMT
    ... Hans Ganz, President and Chief Executive Officer, stated, "The ... $46.8 million at December 31, 2008. Other real estate owned acquired in settlement of loans declined ... insurance investment 17,846 17,565 Advances from Federal Home Loan Bank 150,000 175,000 Shareholders' equity 97,014 98,723 Minimum ...

  • UPDATE 1-PennyMac Trust reports net loss in first 2 months 6 Nov 2009 01:43 GMT
    ... Countrywide Financial Corp executives to buy distressed home loans, reported a net loss in its first ... the proceeds from its equity offerings in residential mortgage-backed securities having an aggregate unpaid principal ... principal balance of approximately $72.9 million. The real estate investment trust, based in Calabasas, California, acquired ...

  • California American Water Appoints Former Senator Kevin Murray to Board of Directors 1 Nov 2009 19:41 GMT
    ... California American Water announced today that Kevin Murray, ... sits on several boards, including the Federal Home Loan Bank of San Francisco and Premier Power, a ... holds a license to practice law and real estate in California. He earned his law degree ...

  • Hanmi Financial Corporation Reports Third-Quarter 2009 Financial Results and Formalizes Agreement with Regulators 5 Nov 2009 11:50 GMT
    ... LOS ANGELES--(BUSINESS WIRE)-- Hanmi Financial Corporation (NASDAQ: ) ("we," ... (30.9 )% Assets, Net Investment in Federal Home Loan 30,697 30,697 -- 30,424 0.9 % Bank ... 4,605 3.72 % 208,519 8,081 5.18 % Residential 83,387 1,050 5.00 % 86,913 1,119 5.16 ...

  • Why did blue-chip Goldman take a walk on subprime's wild side? 4 Nov 2009 05:50 GMT
    ... was seizing an outsize share of the home loan market. Traversing the country in private jets ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ... dollars to finance the issuance of more home loans to other marginal borrowers. Goldman Sachs' mortgage ...

  • Goldman got cozy with loan star that crashed and burned 4 Nov 2009 09:56 GMT
    ... was seizing an outsize share of the home loan market. Traversing the country in private jets ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ... dollars to finance the issuance of more home loans to other marginal borrowers. Goldman Sachs' mortgage ...

  • Goldman got cozy with rash lender 4 Nov 2009 05:53 GMT
    ... was seizing an outsize share of the home loan market. Traversing the country in private jets ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ... dollars to finance the issuance of more home loans to other marginal borrowers. Goldman Sachs' mortgage ...

  • Goldman's walk on subprime wild side 4 Nov 2009 06:35 GMT
    ... was seizing an outsize share of the home loan market. Traversing the country in private jets ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ... dollars to finance the issuance of more home loans to other marginal borrowers. Goldman Sachs' mortgage ...

  • Series: Goldman cozy with loan star that crashed, burned 5 Nov 2009 14:12 GMT
    ... dollars in securities tied to risky U.S. home loans. Unlike U.S. investors that lost money on ... was seizing an outsize share of the home loan market. Traversing the country in private jets ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ...

  • Goldman got cozy with loan star that crashed and burned 1 Nov 2009 11:51 GMT
    ... was seizing an outsize share of the home loan market. Traversing the country in private jets ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ... dollars to finance the issuance of more home loans to other marginal borrowers. Goldman Sachs' mortgage ...

  • Five More Stress-Free Banks 4 Nov 2009 04:36 GMT
    ... a simple business model: It writes jumbo home loans to borrowers with immaculate credit histories. Hudson City ... ratios are through July 28). Although the real estate slump has been fierce in California, it hasn't filtered down to many business ...


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