by countyproperties | Sep 25, 2009 | Finance
FHA will tighten credit standards Although the Federal Housing Administration (FHA) has confirmed that as of Sept. 30 it will fall short of its legal requirement to maintain supplementary reserves of 2 percent of the loans it insures, FHA Commissioner David Stevens...
by countyproperties | Sep 25, 2009 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Short sales spread across real estate market, leaving frustration in their wake As more homeowners find themselves underwater — owing more on their mortgage than their home is currently worth — and unable to make the monthly mortgage payments, many are...
by countyproperties | Sep 21, 2009 | Current Affairs, Real Estate news
From: [email protected] [mailto:[email protected]] Sent: Monday, September 21, 2009 11:50 AMTo: ArnieSubject: U.S. Senator Dianne Feinstein responding to your message Dear Dr. Levine: Thank you for contacting me to express your support for...
by countyproperties | Sep 18, 2009 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate
WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, said Tuesday that it was “very likely” that the recession had ended although he cautioned that it could be months before unemployment rates dropped significantly. “Even though from a technical perspective the...
by countyproperties | Sep 18, 2009 | Finance, Real Estate news
Legislation to extend California's maximum $10,000 new-home buyer tax credit to thousands more buyers has stalled, failing to pass during the Legislature's weekend rush to adjournment. Assembly Bill 765, a priority for home builders in the capital region and...
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