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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...

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...

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...

California to Receive $18 Billion in Mortgage Settlement

by countyproperties | Feb 17, 2012 | Latest News, loan modification, Real Estate news, San Diego Real Estate, San Diego Short Sales

On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country’s five largest loan servicers. More than $12 billion will...

Details on new plan to help responsible homeowners

by countyproperties | Feb 12, 2012 | Latest News, loan modification, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales

In his State of the Union address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Key aspects of the president’s plan include: Broad-based refinancing: The president’s plan will provide borrowers who...

Fannie Mae principal-reduction program

by countyproperties | Feb 12, 2012 | Latest News, loan modification, San Diego Short Sales

Fannie defends ending pilot principal-reduction program. A small pilot principal reduction program Fannie Mae killed in 2010 was not performing well enough for executives to expand, the mortgage giant claims. Reps. Elijah Cummings, D-Md., and John Tierney, D-Mass.,...
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