California Foreclosure News

California Foreclosures - Google News

• Key states lean toward foreclosure deal - UPI.com

  Key states lean toward foreclosure deal UPI.com A foreclosed home is seen for sale on 16th Street NW in Washington on August 22, 2010. UPI/Kevin Dietsch WASHINGTON, Feb. 6 (UPI) -- California and New York appear ready to join in an agreement with national banks to settle widespread foreclosure ...

  Created: 2/6/2012 11:07:34 AM
• Prolonging the pain for electoral gain - Victorville Daily Press

  Prolonging the pain for electoral gain Victorville Daily Press In the short run, no region in California — and probably the country — would gain more from President Barack Obama's latest attempt to revive the housing industry than the Victor Valley. Here, foreclosures are still the bane of all our communities, ... and more »

  Created: 2/6/2012 10:35:58 AM
• Renting Out Foreclosures - LoanSafe

  Renting Out Foreclosures LoanSafe Statewide, Georgia has more than 6400 of the homes, second only to California, with nearly 9000. But the region now stands to be one of the biggest winners of a federal pilot program to turn the homes — nearly 84000 total nationally — into rental ... and more »

  Created: 2/6/2012 8:31:22 AM
• Foreclosure Mediation Can Save Millions of Homes and Taxpayer Money - MarketWatch (press release)

  Foreclosure Mediation Can Save Millions of Homes and Taxpayer Money MarketWatch (press release) In comparison, investors lost an average $145000 per home foreclosure in 2008, and foreclosures just in California have resulted in nearly $500 billion in aggregate direct and indirect costs. Effective mediation programs do not prolong foreclosures. and more »

  Created: 2/6/2012 8:01:25 AM
• Landmark foreclosure settlement imminent, officials say - Washington Post

  The Guardian

  Landmark foreclosure settlement imminent, officials say Washington Post The penalties associated with the settlement could shrink significantly if California in particular does not participate, given the state's massive number of foreclosures and the potential liabilities banks could face there. California Attorney General ... Foreclosure Deal Deadline Arrives as States Consider ReleasesSan Francisco Chronicle BofA, JPMorgan, UBS, Foreclosure Deal, Goldman in Court NewsBloomberg US states near $25bn foreclosure settlementThe Guardian eCreditDaily.com all 101 news articles »

  Created: 2/6/2012 7:35:10 AM
• The Ghost of David Stern - St. Augustine Record (blog)

  The Ghost of David Stern St. Augustine Record (blog) December numbers show one in every 360 housing units in Florida received foreclosure filings that month, outpacing the national trend by nearly double. Florida was the highest state in foreclosure activity after California. As the ghost of David Stern ... and more »

  Created: 2/6/2012 6:12:23 AM
• Private Equity Firms Purchase Fannie Mae Foreclosures - Housing Predictor

  Los Angeles Times

  Private Equity Firms Purchase Fannie Mae Foreclosures Housing Predictor But the portfolio of foreclosed homes will first be limited to test bulk purchases in Florida, Arizona and Southern California, which have been hardest hit by the foreclosure crisis. The private equity funds started focusing on bulk foreclosure ... Private equity firms buy Fannie Mae foreclosuresdomain-B Fannie Mae tries partnerships with investors to sell foreclosuresSun-Sentinel Refloating the housing marketLos Angeles Times Wall Street Journal (blog) -The Atlantic Cities all 91 news articles »

  Created: 2/5/2012 7:15:53 PM
• Will I need to file bankruptcy after they foreclose on my home? - JD Supra (press release)

  Will I need to file bankruptcy after they foreclose on my home? JD Supra (press release) You won't owe anything after the foreclosure sale because of California's "anti-deficiency" law that says you don't owe that deficiency amount if the loan was taken for the purpose of buying the home for you to live in. This type of loan is called a ... and more »

  Created: 2/5/2012 9:43:10 AM
• Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 States - Bloomberg

  Los Angeles Times

  Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 States Bloomberg California Attorney General Kamala Harris is one of the highest profile attorneys general to publicly balk at the settlement, saying she won't sign a deal that blocks investigations into mortgage loans. New York Attorney General Eric Schneiderman, ... New York sues 3 big banks over use of mortgage registry databaseLos Angeles Times New York lawsuit accuses banks of misusing mortgage databaseSacramento Bee New York sues banks over electronic mortgage systemBaltimore Sun The Seattle Times all 359 news articles »

  Created: 2/3/2012 4:19:50 PM
• California's Solo Mortgage Probe Complicated by 2008 Deal - Bloomberg

  California's Solo Mortgage Probe Complicated by 2008 Deal Bloomberg 6 deadline to join a proposed multistate agreement over foreclosure practices said to be worth as much as $25 billion if California joins, Harris has said she won't sign onto a deal blocking her from investigating whether the five largest US mortgage ... and more »

  Created: 2/3/2012 6:57:39 AM