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New Homeowner Home Price Decline Protection incentives

by countyproperties | Aug 15, 2009 | Riverside foreclosure news, San Diego Foreclosure news

As part of an ongoing effort to expand relief to struggling homeowners, the U.S. Dept. of  the Treasury has released the Supplemental Directive for its Home Price Decline Protection (HPDP) program, a component of the Home Affordable Modification Program (HAMP)....

Home owners dealing with loan servicers and current mortgage rates.

by countyproperties | Aug 15, 2009 | Riverside foreclosure news, San Diego Foreclosure news

Dealing with loan servicers and current mortgage rates. Tips for borrowers dealing with loan servicersMany homeowners have experienced difficulties and frustration getting through to their loan servicer when trying to obtain a loan modification.  To help...

Federal Reserve maintains target range for federal funds rate

by countyproperties | Aug 15, 2009 | Finance

The Federal Reserve today announced it will “maintain the target range for the federal funds rate at zero to 0.25 percent, and continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an...

Making Home Affordable Program on pace to help millions of homeowners

by countyproperties | Aug 15, 2009 | Riverside foreclosure news, San Diego Foreclosure news

The Obama Administration recently released its first monthly Servicer Performance Report detailing the progress to date of the Making Home Affordable (MHA) loan modification program.  The purpose of the report is to document the number of struggling homeowners...

California’s popularity fading for new immigrants

by countyproperties | Aug 15, 2009 | Current Affairs

California’s popularity as a destination for immigrants has declined significantly, according to a study recently released by the Public Policy Institute of California (PPIC). In a shift that began in the late 1990s and has accelerated this decade, new arrivals...
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