Tag Archives: Financial Institutions

Rep. Miller Applauds Federal Grants to Promote Affordable Housing in Richmond

WASHINGTON, DC – April 29, 2013 – (RealEstateRama) — The Community Housing Development Corporation (CHDC) of North Richmond will receive $145,720 in federal grants to promote affordable housing and bolster foreclosure counseling, U.S. Rep. George Miller (D-Contra Costa) announced today. … Continue reading

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Mortgage Fix Failing at ‘Alarming Rate’

A new report from Special Inspector General for the Troubled Asset Relief Program points to disturbing numbers, but offers no reason for the high rates. Treasury’s data shows that the longer a homeowner remains in HAMP, the more likely he … Continue reading

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California Real Estate Market Prospering in the New Year

The California Association of Realtors recently reported a major decline in foreclosure activity for the state. That trend is continuing and other states have also begun seeing some major improvements. Besides fewer foreclosure starts, California recently enacted a Homeowner Bill … Continue reading

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Southern California home prices rise; foreclosures fall statewide

Southern California’s housing market in January posted strong median home price gains as new foreclosure starts plummeted dramatically across the state. The six-county region’s median home price rose 23.5% from the same month a year earlier to $321,000, according to … Continue reading

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California Luxury Home Values Rise Again

California Luxury Home Values Rise Again Prices Climb Strongly in San Francisco, Rise Modestly in Los Angeles and San Diego SAN FRANCISCO–(BUSINESS WIRE)– Luxury home values rose in California’s major metropolitan markets in the third quarter of 2012 compared to … Continue reading

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Real Estate Law Center P.C. Levels the Playing Field Between Distressed …

LOS ANGELES, Nov. 6, 2012 — /PRNewswire/ – Real Estate Law Center P.C. takes the side of homeowners in the fight to defend their homes from banks. Real Estate Law Center P.C.’s office includes seven seasoned attorneys and numerous experienced paralegals … Continue reading

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New: What is the California Real Estate Independent Expenditure Committee …

The Moore (District 2) and Capitelli (District 5) campaigns for city council have received support, in the form of mailings and on-line advertising, from an independent expenditure committee known as CREIEC: The California Real Estate Independent Expenditure Committee.  Who is … Continue reading

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California Luxury Home Values Rise

Luxury home values rose in California’s major metropolitan markets in the second quarter of 2012 compared to a year ago, according to the First Republic Prestige Home Index™ by First Republic Bank, a leading private bank and wealth management company. … Continue reading

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California lawmakers pass historic foreclosure protections

SACRAMENTO — California lawmakers have passed legislation that would provide homeowners with some of the nation’s strongest protections from foreclosure and such aggressive bank practices as seizing a home while the owner is negotiating to lower mortgage payments. After years … Continue reading

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Investors tout ‘condemnation’ for housing fix

NEW YORK — Here’s a controversial but intriguing approach to the U.S. housing crisis: keep cash-strapped residents in their homes by condemning their mortgages. A mortgage firm backed by a number of prominent West Coast financiers is pushing local politicians in … Continue reading

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