Lawmakers Want Mortgage Answers

Banks Modify Loan Procedures With One-In-Five Bay Area Homes Under Water

As the housing crisis continues, banks are evolving in the way they handle loan modifications. 22% of homes in the Bay are under water, according to the real estate tracking website Zillow.


real estate, housing, home, property

California-Based Lawyers Accused Of Loan Lawsuit Scam

California prosecutors have filed a major lawsuit against several lawyers and call center operators for allegedly running a nationwide scam to dupe desperate homeowners into paying thousands of dollars to join dubious lawsuits against the country’s largest banks.

KPIX 5 | CBS San Francisco–08/18/2011

Mortgage-holders line up for a NACA modification event in San Jose (CBS)

South Bay Homeowners Line Up For Mortgage Modification Help

A mortgage modification event being held this week at the San Jose Convention Center represents a last ditch- effort for hundreds of homeowners keep the roofs over their heads.

KPIX 5 | CBS San Francisco–06/17/2011