by countyproperties | Mar 12, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news
Home-Saving Loans Afoot Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages. Rep. Barney Frank, chairman of the House Financial Services Committee, last week sent a letter to the four biggest...
by countyproperties | Mar 12, 2010 | Real Estate news, Riverside Real Estate, San Diego Investment Properties
Affordable home prices, tax credits for home buyers, historically low interest rates, and a large number of distressed properties prompted many first-time home buyers to enter the market in 2009, according to C.A.R.’s 2009-2010 “State of the California Housing Market”...
by countyproperties | Mar 12, 2010 | Finance, Real Estate news
The U.S. Treasury has allocated nearly $700 million to CalHFA to help low-and moderate-income borrowers who have been impacted by unemployment and declining home values. CalHFA now must submit a proposal by April 16 to the Treasury outlining innovative programs...
by countyproperties | Mar 5, 2010 | Finance, Real Estate news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Washington, DC — Federal Housing Finance Agency Acting Director Ed DeMarco today announced the extension of the Home Affordable Refinance Program, (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2011. The program is a key...
by countyproperties | Mar 5, 2010 | New Homes, Real Estate news, Riverside Real Estate, San Diego Real Estate
Statistics compiled by the Construction Industry Research Board (CIRB) show home builders pulled permits for 2,979 total housing units in January, a 49 percent increase compared with January 2008 but an 18 percent decline compared with December 2009. Permits for...
by countyproperties | Mar 5, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Real Estate, San Diego Short Sales
The U.S. Dept. of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, launched http://www.preventloanscams.org/, a new Web site to prevent loan modification scams. The Loan Modification Scam Prevention Network developed...
