Tag Archives: Mortgage Lenders

CAR offers free home buyers fair to help prospective home buyers prepare for …

LOS ANGELES, CA – May 13, 2013 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) will host a free “Endeavor to Achieve Homeownership Home Buyers Fair” to help prepare prospective first-time home buyers enter the California housing market and … Continue reading

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Five Arrested in Orange County-Based ‘Builder Bailout’ Mortgage Fraud Scheme …

SANTA ANA, CA – January 11, 2012 – (RealEstateRama) — Federal authorities have arrested five people allegedly involved in a “builder bailout” real estate scheme that fraudulently purchased more than 100 condominium units around the country with mortgages that mostly … Continue reading

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Short sales in California surpass sales of foreclosed homes

When housing prices first went off the cliff, most mortgage lenders refused to cut deals with homeowners, choosing instead to repossess homes on a grand scale. Five years and billions of dollars in losses later, many banks can’t cut those … Continue reading

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North Lake Tahoe Home Sales Up 21% in Third Quarter Over 2011

Luxury home sales in the North Lake Tahoe and Truckee areas jumped 21 percent in the third quarter of 2012, according to a new report by Coldwell Banker Residential Brokerage, Northern California’s leading luxury real estate services company. The figures … Continue reading

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The California Real Estate Market is Heating Up

It wasn’t just heating up outside this summer and fall. The real estate market was definitely heating up as well! Prices in California are up again. Our home prices are now at a four-year high. “The median price for new … Continue reading

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California’s Home Sales Up in August From July, Down From 2011

California pending home sales rose in August from July, but a continuing shortage of housing inventory sent pending sales lower from the previous year. Additionally, the lack of supply, particularly of REO properties, sent the share of equity sales to … Continue reading

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Chico Business Partners Sentenced for Mortgage/Real Estate Fraud Scheme

(Source: FBI) – SACRAMENTO, CA—Two Chico business partners were sentenced today to prison for a mortgage fraud scheme they operated in 2006-2007, United States Attorney Benjamin B. Wagner announced. Garret Griffith Gililland, III, 31, formerly of Chico and Paradise, was … Continue reading

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California homeowners warned about mortgage relief scams

The recent nationwide settlement between states and mortgage lenders is intended to help struggling homeowners, but it may also unleash a new wave of attempts to fleece them. The $25 billion in mortgage assistance promised by the settlement will be … Continue reading

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California Real Estate Bust Offers US Hope

The boom bust cycle of California real estate holds historic lessons that every where else in the U.S. can learn from as the nation sustains the housing crisis driven by the sharpest foreclosure epidemic on record. California has seen home … Continue reading

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New Mortgage Technology Cloud Solution Connecting Lenders and Real Estate …

FOOTHILL RANCH, Calif. /California Newswire/ — Quandis, Inc., a leading provider of default management mortgage technology solutions, announced it launched a solution that connects mortgage service companies with a nationwide network of real estate vendors. The module provides a centralized … Continue reading

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