home sale, mortgage, foreclosed, foreclosure, real estate, house

Brentwood Man Charged In Multi-Million Dollar Mortgage Scam

A Contra Costa County man is facing charges that he bilked more than 1,000 homeowners in a multi-state, multi-million dollar mortgage scam.


house mortgage rate, foreclosure

Melissa Griffin: Could California Use Eminent Domain To Save Troubled Mortgages?

On Friday July 27 Lieutenant Governor Gavin Newsom came out in support of a controversial plan to allow local governments to seize underwater properties and restructure the debts.


San Francisco Homes For Sale

Gov. Brown Signs ‘Homeowners Bill of Rights’ Into Law

California has a new law to stop what Gov. Jerry Brown calls abusive home lending tactics.


A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

California Lawmakers Approve Bill To Make Mortgage Reform Permanent

California’s State Assembly and Senate both passed a package of protections for homeowners designed to prevent further foreclosure abuse. The legislation now goes to Gov. Brown.


Casino mogul Sheldon Adelson (Photo by aaron tam/AFP/Getty Images)

Market Rates For The Middle Class

With a couple of simple fixes from Congress, billions of dollars could be put into the economy by allowing middle class families to refinance their mortgages and by keeping student loans at market rates. Maybe […]


A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011. (Justin Sullivan/Getty Images)

Foreclosure Crisis Prompts Oakland Bank Demonstrations

Members of a coalition aimed at making mortgage relief a key issue this election demonstrated at major banks in Oakland Thursday


The exterior of an Oakland Wells Fargo Bank branch. (Justin Sullivan/Getty Images)

ConsumerWatch: Wells Fargo Holds Richmond Loan Modification Event

Wells Fargo is holding a loan modification event in Richmond on Wednesday and Thursday intended to save hundreds of homeowners from losing their homes.


San Francisco Homes For Sale

AG Harris Sues Fannie Mae, Freddie Mac Demanding Answers

California’s attorney general is suing mortgage giants Fannie Mae and Freddie Mac, demanding that the government-backed companies respond to questions in a state investigation.



ConsumerWatch: Loan Modification Takes Years For East Bay Woman

Despite a drop in foreclosures, getting a loan modification is still a challenge. For a Brentwood woman, no one seemed to pay attention to her case until she turned to CBS 5 ConsumerWatch.

KPIX 5 | CBS San Francisco–08/15/2011

Wells Fargo Bank in San Francisco

Wells Fargo Reaches $590 Million Wachovia Settlement

The settlement would end a 2008 suit that charges Wachovia misled investors in its bonds and preferred securities by understating losses associated with risky mortgages. Wells bought Wachovia that year.

CBS San Francisco–08/05/2011