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California Subprime Mortgage News

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SEC charges ex-N.Century execs in subprime case 7 Dec 2009 21:40 GMT
... attempt to bring major players in the subprime mortgage market to justice. The U.S. Securities and ... 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
... attempt to bring major players in the subprime mortgage market to justice. The U.S. Securities and ... 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 20:41 GMT
... been the No. 2 U.S. maker of subprime mortgage loans, extended to borrowers with inferior credit ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... collapsed after a spike in defaults on subprime mortgages prompted its lenders to pull funding and ...
SEC accuses 3 ex-New Century execs of fraud 7 Dec 2009 19:38 GMT
... been the No. 2 U.S. maker of subprime mortgage loans, extended to borrowers with inferior credit ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... collapsed after a spike in defaults on subprime mortgages prompted its lenders to pull funding and ...
SEC accuses 3 ex-New Century execs of fraud 7 Dec 2009 19:34 GMT
... been the No. 2 U.S. maker of subprime mortgage loans, extended to borrowers with inferior credit ... records and the spark that ignited the home-loan bust. The company filed for bankruptcy protection ... collapsed after a spike in defaults on subprime mortgages prompted its lenders to pull funding and ...
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 ... the whole family's fortunes collapsed with the real estate market because both her father and her ... got it for nothing down on a subprime mortgage, refinanced it and took out an equity ...
Building supply's restructuring leads to Salisbury property sale 6 Dec 2009 14:51 GMT
... home builders and contractors, thrived during the housing boom several years ago, and acquired the ... in September 2006. But in 2007, the subprime mortgage industry collapsed, accelerating the slowdown of the ... director of Newmark Knight Frank, an international real estate advisory firm that handles Stock's real estate. ...
Building supply firm's restructuring leads to Salisbury property sale 6 Dec 2009 10:12 GMT
... home builders and contractors, thrived during the housing boom several years ago, and acquired the ... in September 2006. But in 2007, the subprime mortgage industry collapsed, accelerating the slowdown of the ... director of Newmark Knight Frank, an international real estate advisory firm that handles Stock's real estate. ...
Arrowhead Credit Union says despite setbacks, recovery is on the way 6 Dec 2009 06:56 GMT
... Arrowhead Credit Union is in a tight spot, but executives ... Arrowhead, sporting 24 branches, never dished out subprime mortgages, but it's still burdened by borrowers who ... can't repay car loans, RV loans and home equity lines of credit. The credit union ...
Arrowhead Credit Union union expects to show 4Q profit 6 Dec 2009 06:50 GMT
... Arrowhead Credit Union is in a tight spot, but executives ... Arrowhead, sporting 24 branches, never dished out subprime mortgages, but it's still burdened by borrowers who ... can't repay car loans, RV loans and home equity lines of credit. The credit union ...
Dembrowski to challenge Markey for congressional seat 5 Dec 2009 21:10 GMT
... devastating consequences of federally sponsored Fannie Mae subprime mortgage catastrophe. Even though our actions did not ... critical of Markey as Chairman of the House Select Committee on Independence and Global Warming. “Rep. ... get to work and to heat their homes,” he states. Born in Cambridge, Dembrowski and ...
'Extreme' foreclose No. 2 4 Dec 2009 04:37 GMT
... " homeowner may wind up losing his fancy new house soon. Five years after getting his Encinitas, Calif. ... hit with skyrocketing mortgage rates during the subprime mortgage crisis. Wofford's chiropractic clinic wasn't making enough ...
Unemployment up in half of metro areas 3 Dec 2009 18:12 GMT
... hold a “jobs summit” at the White House that will gather economists, academics and corporate executives ... while Sun Belt cities in Arizona and California remain distressed from the housing bust. At ... cities remain far less damaged from the subprime mortgage collapse, Goss said. The Labor Department is ...
Home for the holidays: Tragic irony for families in foreclosure 3 Dec 2009 17:40 GMT
... 58,474 foreclosures projected for 2009, followed by California with 32,297. However, when CRL analyzed foreclosures ... alone, 301,500 African-American families will lose their homes to foreclosure. By 2012, foreclosures for Black America will ... Latino homeowners by selling these consumers high-cost subprime mortgage loans while White borrowers with similar incomes ...
Bernanke May Defend Fed Powers in Senate Hearing 3 Dec 2009 15:26 GMT
... which manages $590 million in Palo Alto, California. “He has underestimated the political dimension. Being ... companies. In March, 2007, four months before subprime mortgage defaults began to rock the global financial ... confirmation in the full Senate. In the House, the Financial Services Committee last month approved Paul’s ...

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Buying and Selling News

Residential, commercial land, new homes, commercial buildings to sell at bank-ordered real estate auction [07 Dec 2009 - 22:14]
For Sale By owner [07 Dec 2009 - 21:55]
BUYINS.NET: Coinstar (CSTR) Daily Short Sale Trading Volume Through 12-4-09. Nearly 22 Million Shares Shorted in Past 4 Months. [07 Dec 2009 - 21:01]
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Housing Market News

Foreclosure Protection for Arkansas Storm Victims [07 Dec 2009 - 22:37]
Foreclosures rise in Springfield but dip nationwide [07 Dec 2009 - 22:35]
Foreclosure auction of former Ukrop's building postponed [07 Dec 2009 - 22:11]
Veterans more likely to avoid foreclosure with VA-backed loan [07 Dec 2009 - 21:27]
Why Hasn't Canada's Housing Market Blown Up? [07 Dec 2009 - 21:26]

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Institutions News

Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]
Long Realty Company Receives Corporate and Community Achievement Award by the Tucson Association of REALTORS® [05 Dec 2009 - 05:30]
Tucson Association of Realtors names CEO [04 Dec 2009 - 08:42]

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Mortgage Lenders News

Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]
Freddie Mac bill sale: rates rise, demand stronger [07 Dec 2009 - 16:40]
Fannie Mae to sell $4 billion bills on Wednesday [07 Dec 2009 - 15:44]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

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]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

Difference between Second Mortgage and Home Equity Loan [07 Dec 2009 - 22:14]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [07 Dec 2009 - 21:02]
Low Mortgage Rates Lead Many to Consider Refinancing [07 Dec 2009 - 21:00]

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Real Estate Miscellaneous News

Appeals Court Upholds Sentence in Mortgage Fraud [07 Dec 2009 - 21:26]
Mortgage execs face fraud charges [07 Dec 2009 - 21:10]
Columbus man pleads guilty to role in mortgage fraud scheme [07 Dec 2009 - 20:59]
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KIDMAN HAS AN EYE FOR INTERIOR DESIGN [07 Dec 2009 - 17:31]

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