HARP 2.0, a more liberal version of the original Home Affordable Refinance Program, was unveiled in 2011. The new program started picking up steam just a few months ago, according to Rick Harper of the Consumer Credit Counseling Service.
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.
The proposals by Attorney General Kamala Harris would provide safeguards for homeowners while giving her office more leeway to investigate financial crimes.
Wells Fargo said its first-quarter profit jumped 13 percent on strong mortgage lending and a drop in delinquent loans.
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.