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4 questions to determine if Keep Your Home California could work for you

by countyproperties | Feb 26, 2012 | loan modification, Real Estate news

Four easy-to-answer questions will determine if Keep Your Home California could work for you. And we’re not talking about fingers-and-toes counting, mind-numbing questions. Do you own and occupy your home as your primary residence? Is your home in California? Is...

Jobless claims at lowest level since 2008

by countyproperties | Feb 26, 2012 | Finance, Latest News, Real Estate news

The Labor Department said the seasonally adjusted figure of initial claims for the week ended Feb. 18 was 351,000 unchanged from the previous week, which was revised upward 3,000. Analysts surveyed by Econoday expected 355,000 new jobless claims last week with a range...

Proposed bill for home loan principal reduction in bankruptcy courts

by countyproperties | Feb 26, 2012 | Latest News, loan modification, Real Estate news, Short Sales

An Oregon congressman is backing a bill that, if passed, would allow bankruptcy judges to force principal modifications on primary home mortgages during bankruptcy. Rep. Earl Blumenauer, D-Ore., proposed The Bankruptcy Equity Act to amend bankruptcy laws to allow...

Fannie Mae says housing to boost GDP for first time in 7 years

by countyproperties | Feb 26, 2012 | Latest News, Real Estate news

The housing market is expected to make a positive contribution to gross domestic product for the first time in seven years in 2012, albeit a very modest one, Fannie Mae said Tuesday. The government-sponsored enterprise reported GDP growth of 2.8% in the fourth quarter...

New California homeowner relief programs now available

by countyproperties | Feb 17, 2012 | loan modification, San Diego Foreclosure news, San Diego Real Estate

California’s housing market may get some much needed relief with last week’s announcement of the national mortgage settlement reached with the country’s five largest loan servicers. In the deal, 49 states, including California, agreed to a $25...
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