The 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.
The city is the first in the country to take the step of threatening eminent domain to handle underwater mortgages.
This despite the state’s incentive program winding down with its goal nearly achieved.
128,000 homeowners in the South Bay will soon see increases on future property tax bills.
Halus, a company that installs refurbished windmills for the purpose of generating electricity, has proposed erecting a 100 ft. tall windmill roughly 500 ft. from the boundary of Heron Bay.
It’s a breed ban for the much-maligned pit bull, as a major insurance company has dropped coverage for the the dog’s owners.
Despite low mortgage rates and attractive prices for starter homes in many pockets of the Bay Area, plenty of first-time home buyers are finding the door closed to them, nonetheless.
A taxpayer group is joining with plaintiffs throughout California in seeking to block a fee that is being assessed on more than 800,000 property owners to raise money for fire prevention.
Fairfield residents have been receiving what appear to be violation notices from the city’s Code Enforcement Division, but police have said the notices are fakes.
Underwater California homeowners may soon get some relief. The state-run program Keep Your Home California is changing its rules in effort to help homeowners qualify for a principal reduction of up to $100,000.