Tag Archives: Jp Morgan

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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Now It’s the Big Banks That Are Getting Foreclosed On

Posted on July 20, 2012 by sheri

Call it a case of man bites dog. Since the start of the housing crash, millions of Americans have lost their homes to foreclosure. Many of them lived in homeowner or condo associations. These are organizations that collect monthly dues … 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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The Real Estate Recovery: The Good, the Bad—and the Ugly

Posted on March 31, 2012 by sheri

In Miami, condominiums are hot again. In Phoenix, builders are opening new communities. In New Jersey, buyers are finding it takes about three years to foreclose on a property In Atlanta, home prices are down 14 percent annually, thanks to … 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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New Home Prices Facing Growing Pressure

Posted on November 28, 2011 by sheri

Sales of newly built homes are bouncing around a bottom, but prices are now at the lowest level of the year. The median price of a new home came in at $212,300 for October, which is up from a year … 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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Home Ownership May Fall More Than Expected

Posted on July 14, 2011 by sheri

Sometimes you hear one thing and don’t think much of it, and then you hear another thing that makes the first thing seem much more important. This morning the Mortgage Bankers Association put out a report from two UCLA researchers … 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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