Foreclosure Crisis

Richmond Demands Wells Fargo Drop Lawsuit Over Eminent Domain Mortgage PlanThe mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank's headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of "underwater" mortgages.
Richmond Threatens Eminent Domain To Address Foreclosure CrisisThe city is the first in the country to take the step of threatening eminent domain to handle underwater mortgages.
Foreclosure Crisis Prompts Oakland Bank DemonstrationsMembers of a coalition aimed at making mortgage relief a key issue this election demonstrated at major banks in Oakland Thursday
Governor Plans To Divert Foreclosure Settlement Money For Budget Jerry Brown is proposing using more than $400 million of the settlement money to help close the budget gap.
San Francisco Renters Face Eviction After Landlord ForeclosedTenant and housing advocates gathered outside a San Francisco Mission District bank on Thursday with three single mothers who are facing eviction.
Affordable Rentals Becoming Scarce In The Bay AreaAffordable places to rent are becoming more difficult to find, especially in the Bay Area, where rent is increasing rapidly in San Jose, San Francisco and Oakland.
Signs Of Life Appear In Vallejo's Beleaguered Housing MarketThe end may finally be in sight for the Bay Area foreclosure crisis, as some cities that have suffered the most see their home prices stabilize.
California Legislation Fights Ongoing Foreclosure CrisisCalifornia legislators are taking the ongoing foreclosure crisis head on, with a new slate of bills known as the Homeowners Protection Act.
Loan Modification Scams Slow In Silicon ValleyAs California plunged into the foreclosure crisis, many desperate consumers began falling victim to shady companies offering bogus loan modification programs.