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.
An interview with Consumer Action’s Joe Ridout on the many issues facing consumers these days, including credit, privacy issues and protecting yourself from scams.
The new Consumer Financial Protection Bureau opened for business on Thursday, with a branch office located in San Francisco.
More than 450,000 homeowners who took out mortgages with Countrywide Financial Corp. will soon receive their slice of a nearly $108 million settlement over claims that the lender overcharged borrowers facing foreclosure.
Mortgage default notices in California have dropped in the second quarter of 2011 to their lowest level in four years.
Home prices San Francisco and other major U.S. cities have risen for the first time in eight months, boosted by an annual flurry of spring buyers.