Tag Archives: Lenders

REAL ESTATE: California knocked off Top 10 foreclosure chart – Press

Posted on | April 10, 2013 | Comments Sometimes, it’s nice not to get noticed. California failed to make the Top 10 list of states with the most foreclosures in March, a new report by RealtyTrac says. The state where … 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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Foreclosures Fall Due to New Laws

Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading

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Banks to Pay $8.5 Million in Robo-Signing Settlement

“We support the new approach because it expands the number of borrowers who will receive payment, speeds the delivery of those payments, and will provide support for homeowners still struggling to make payments and encourages continued community stabilization efforts and … Continue reading

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Builders Bump Up Thanks to Drop in Existing Home Supply

Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high. There are just 2.1 million existing homes for sale, which is a … Continue reading

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Home Builders Need Mortgage Bankers to Keep Recovery Alive

A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading

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REAL ESTATE: Counting the days of foreclosure – Press

Posted on | October 23, 2012 | Comments DataQuick, in a recent report on foreclosure activity, said it took 7.9 months on average, for homes in California to wind their way through the entire process during the third quarter of … Continue reading

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Recent California Real Estate Survey Finds Mixed Results in Market

(Source: CAR) — Lenders have made incremental improvements in closing short sale transactions since last summer, but still have a long way to go, according to findings from the latest Lender Satisfaction Survey conducted by the CALIFORNIA ASSOCIATION OF REALTORS® … Continue reading

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Real Estate Column: Questions about foreclosure?

Is your house underwater? Are you in pre-foreclosure? Do you have a NOD or notice of default filed? Is the notice that came form the bank an actual notice of default or just a warning? These are some of the … Continue reading

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Foreclosures, default notices plunge

The deluge is over. Foreclosures and default notices in California and the Bay Area have subsided back to their 2007 levels. Foreclosures are still running about double historical averages, but are a far cry from the sky-high levels during the … Continue reading

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