Foreclosures
California To Receive More Than $20 Billion From Mortgage Settlement
California should receive at least $20.6 billion from a settlement with the nation’s major mortgage lenders, the largest share of any state and about $2 billion more than expected when the agreement to assist homeowners was announced last year, according to a report released Thursday.
California Attorney General Sues Standard & Poor’s Over Investment Ratings
California’s attorney general has filed a lawsuit against debt rating agency Standard & Poor’s, claiming it inflated its ratings of certain investments, costing the state’s public pension funds and other investors billions of dollars.
California Foreclosure Activity Reaches 6-Year Low
A real estate research firm says California home foreclosure activity has fallen to a six-year low.
Bay Area Home Prices Jump On Lack Of Foreclosures
A research firm says San Francisco Bay area home prices rose last month at the fastest clip in more than 20 years.
Bay Area Home Prices Jump In November
A research firm says San Francisco Bay area home prices in November were up more than 20 percent from last year as buyers competed for scarce supplies.
California Home Prices Rise To 4-Year High
A research firm says California homes prices rose during September to new a four-year high as the supply of foreclosed homes for sale dwindled.
Mayor Quan Announces Oakland’s Plan To Help Homeowners Facing Foreclosure
The city of Oakland announced on Tuesday that it wants to help the estimated 3,500 homeowners who currently face foreclosure by buying up properties and selling them back to the homeowners at current rates.
SJ Renter’s Brush With Foreclosure Led To New Disclosure Requirements For Landlords
When Samantha James signed a lease on a San Jose apartment in the spring of 2011, she had no idea the duplex in College Park had been in foreclosure for about two years.
Melissa Griffin: Could California Use Eminent Domain To Save Troubled Mortgages?
On Friday July 27 Lieutenant Governor Gavin Newsom came out in support of a controversial plan to allow local governments to seize underwater properties and restructure the debts.
East Bay Lawmaker Pusing New Protections For Renters
Just days after Gov. Jerry Brown signed California’s so-called “homeowner bill of rights” into law, Assemblymember Nancy Skinner (D-Berkeley) is pushing for new protection for renters.
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