Tag Archives: Jp Morgan Chase

REAL ESTATE: Wells Fargo on mortgage help for CA – Press

Posted on September 1, 2012 by sheri

Posted on | September 1, 2012 | Comments Wells Fargo Co. this week reported that nearly one-third of 27,090 homeowners it has worked with under the National Mortgage Settlement are from California. The Office of Mortgage Settlement Oversight was told … Continue reading →

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Venture West Funding Arranges $11.97 Million Package of Apartment Loans in Los …

Posted on June 6, 2012 by sheri

EL SEGUNDO, Calif., Jun 05, 2012 (BUSINESS WIRE) – Venture West Funding, Inc., a mortgage company headquartered in El Segundo, CA, announced it has arranged loans totaling $11.97 million for the refinance of four apartment buildings located in Los Angeles … Continue reading →

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REAL ESTATE: California receives up to $18 billion in multistate settlement – Press

Posted on February 10, 2012 by sheri

California will receive up to $18 billion over the next three years to help hundreds of thousands of struggling homeowners in a landmark nationwide agreement with the country’s five largest mortgage service companies, government officials announced Thursday. California is claiming … Continue reading →

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‘Friction’ in Obama’s Refi Proposal

Posted on September 13, 2011 by sheri

The response to President Obama’s recent proposal to refinance more borrowers into lower interest rate mortgages was at best underwhelming and at worst scathing. The plan would expand the government’s so-far disappointing, Home Affordable Refinance Program (HARP), which helps current … Continue reading →

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Realtors’ Short Sale Woes Continue

Posted on August 26, 2011 by sheri

The California Association of Realtors, apparently backing away from previous statements pushing a generally positive outlook on the state’s housing market, says in a news release that “short sales will be a part of the California real estate landscape for … Continue reading →

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Short Sales Surge, But No Thanks to Government Program

Posted on June 13, 2011 by sheri

Any time I see a 74 percent jump in anything, I hear alarm bells, so when the Treasury Department reported just that big a jump in its Home Affordable Foreclosure Alternatives (HAFA) program, I figured there had to be something … Continue reading →

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Spring Housing Season

Posted on June 7, 2011 by sheri

I don’t know what the official end of the Spring housing market is, but it seems as if the experts have called the close, and it ain’t great. Last week, after the folks at the vaunted SP/Case Shiller Indices put … Continue reading →

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Spring Housing Ends on a Sour, Sinking Note

Posted on June 6, 2011 by sheri

I don’t know what the official end of the Spring housing market is, but it seems as if the experts have called the close, and it ain’t great. Last week, after the folks at the vaunted SP Case Shiller Indices … Continue reading →

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Federal Regulators Hit Banks on Mortgage Practices

Posted on April 13, 2011 by sheri

It’s not the big penalty from the fifty state attorneys general, but it will hit big bank bottom lines in a big way. The Office of the Comptroller of the Currency, the Federal Reserve and the Office of Thrift Supervision … Continue reading →

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Banks Fight Mortgage Principal Reduction

Posted on April 1, 2011 by sheri

At the end of a day-long negotiation session over the foreclosure paperwork mess at the Department of Justice, Iowa Attorney General Tom Miller and Associate Attorney General Thomas Perrelli came out for a brief chat with reporters. They essentially said … Continue reading →

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