A Contra Costa County man faces nine felony counts ranging from grand theft to perjury and burglary in what prosecutors call a sophisticated foreclosure rental scam.
The City and County of San Francisco’s Office of Assessor-Recorder released a report Wednesday saying that a review of nearly 400 foreclosures in the county revealed that bank and lender mistakes were found in nearly 99% of the cases.
It’s not every day homeowner’s march to their banks demanding a loan modification. But a North Bay family says it’s the only option they have to save their home.
The real estate tracking firm RealtyTrac recorded a 17 percent increase in default notices in California during October, a sign the housing market has yet to hit bottom despite a marked improvement from 2010.
A Chase branch bank in downtown San Jose was briefly occupied by about two dozen protesters Wednesday, demanding a loan modification for a customer.
There isn’t much time left for some Bay Area home buyers to qualify for a decent mortgage term. What’s considered a conventional loan today will be a pricey jumbo loan in less than a month.
Richmond has some of the most strict laws about taking care of foreclosed properties, but residents say three banks have found a way around those regulations.
Bay Area homeowners are rushing to take advantage of mortgage rates that have hit another record low.
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.
Underwater homeowners frantic to hold onto their homes have become a tempting target for scam artists offering loan modification help at a hefty price.