California Foreclosure Process News
- California Foreclosures Plummet to 4-Year Low Tuesday, July 19, 2011 @ 12:19PMSAN DIEGO (DQNews) --The number of California homes that went into foreclosure fell to a four-year low last quarter, the result of a more stable housing market as well as policy changes in the mortgage servicing industry, a real estate information service reported. A total of 56,633 Notices of Default (NoDs) were recorded at county recorders offices during the April-to-June period. That was down ...
- Teens on a mission make improvements to 60 homes this week Friday, July 15, 2011 @ 11:06PMMIDDLETOWN — They were here for only six days — not long enough to understand the meaning of a “Middie” — but the impact they made may be seen and felt for years.In the community beset by high foreclosure rates and unemployment, with many people unable to afford repairs, more than 400 high school students from across the country — members of the Group Workcamps Foundation — made general home ...
- Bank intends to purchase Paso Golf Club Friday, July 15, 2011 @ 11:01PMThe Paso Robles Golf Club is on its way to foreclosure, but its lender hopes to purchase the longtim
- The Bascom Group Exceeds $500 Million in Renovations Friday, July 15, 2011 @ 6:40AMThe Bascom Group, LLC, a leading national apartment investment firm, has completed a total of $566 million in renovations on 206 multifamily communities since 1996. Aggregated, the actual completed renovation costs for the portfolio are below their original allocated budgets.
- LPS chief executive resigns Thursday, July 7, 2011 @ 1:54PMThe Jacksonville-based company announced Jeffrey Carbiener is leaving because of “significant health-related reasons."
- Agency Receives Grant, Helps California Homeowners Facing Foreclosure Thursday, July 7, 2011 @ 11:41AMThe California Housing Finance Agency has received a $3.2 million federal grant to provide financial counseling for homeowners who face possible foreclosure.
- Council approves tax rebates for new Prairie Gas ownership group Thursday, July 7, 2011 @ 11:13AMThe defunct Prairie Gas convenience store at 4300 South 22nd Ave. E. received new life this week after a development agreement with new ownership group Raceway Gas LLC was approved in a 6-0 vote by the Newton City Council at their meeting Tuesday.
- President, CEO of LPS resigns, cites health reasons Wednesday, July 6, 2011 @ 11:12PMLender Processing Services Inc. announced Wednesday that President and Chief Executive Officer Jeffrey Carbiener is resigning because of "significant health-related reasons," effective immediately. The Jacksonville-based company gave no other details.
- Remarks by the president in twitter town hall Wednesday, July 6, 2011 @ 10:51PMMR. DORSEY: Good afternoon and welcome to the White House . I am Jack Dorsey, from Twitter.
- Real Estate Bid Rigging Defendants Plead Guilty in Federal Case Tuesday, July 5, 2011 @ 7:35AMJul. 5 2011 - 8:21 am | 1,183 views | 0 recommendations | 0 comments As previously reported in Street Sweeper , the Antitrust Division of the United States Department of Justice and the Federal Bureau of Investigation have identified a pattern of collusive schemes among real estate investors aimed at eliminating competition at real estate foreclosure auctions.
- Family slayings leave police grappling for answers Sunday, July 3, 2011 @ 4:46PMDetective Jeff Hobson stared at the suburban townhome's front door for a moment and breathed in to steel his mind for the kind of horror he'd never seen in 11 years on the job - an entire family slain by one of its...
- Foreclosures make dramatic drop in June Saturday, July 2, 2011 @ 1:43AMCollin County recorded a 21 percent drop in foreclosures from the same auction block totals compared to July of 2010, which seems impressive considered it had the lowest foreclosure decrease among the four counties in the DFW area, according to data tabulated by the Foreclosure Listing Service (FLS) of Fort Worth.
- Around Whittier: July 2 Friday, July 1, 2011 @ 10:57PMLA HABRA - Nadya "Octomom" Suleman was given notice of foreclosure Thursday and was threatened with a lawsuit.
- Australia Housing Drop Pits Local Bulls Versus Foreign Bears Friday, July 1, 2011 @ 3:14AMAustralian home prices in 2011 have fallen the most in three years, pitting local banks which say the drop will be short lived against overseas investors betting it’s the start of an overdue rout.
- 8 in East Bay admit to rigging foreclosure auctions Friday, July 1, 2011 @ 2:32AMEight Bay Area real estate investors agreed to plead guilty to rigging foreclosure auctions in Alameda and Contra Costa counties, the Department of Justice said on Thursday. The investors' actions suppressed competition...
- West Coast Democrats fault Obama on housing Thursday, June 30, 2011 @ 7:54PMWASHINGTON - President Barack Obama has made numerous visits in recent months to rejuvenated auto factories and high-tech companies to tout his economic policies to address high unemployment.
- Between the Lines: Manipulating Obama Thursday, June 30, 2011 @ 4:10AM*The reelection bid of President Barack Obama has posed some interesting dilemmas for those who helped push the change agenda. The change agenda has evolved into a manipulation agenda, whereby everybody has a new demand for the President. The new demand is an extension of the old demands of classic “stakeholder” politics; what did the [...]
- Retroweek: A look back on Greenwich news Thursday, June 30, 2011 @ 1:14AM"It's time for a new blood, for younger blood. It's time to get the younger generation involved. There are very smart people there who are very aware of politics."
- Paulson gets more time for bankrupt hotel payoffs Wednesday, June 29, 2011 @ 8:15PMNEW YORK (Reuters) - Hedge fund Paulson & Co. has more time to increase the payout on a group of U.S. luxury resort hotels it owns after bankruptcy court gave it an extension on Wednesday.
- Home prices edge up in April from March but fall from April 2010 Tuesday, June 28, 2011 @ 10:22PMPrices of previously owned single-family homes rose 0.7% in April from March but were down 4% from a year earlier, according to the Case-Shiller index. Analysts expect prices to keep dropping this year but not as fast as they have lately. A closely watched index of home prices in the largest U.S. cities increased from March to April, the first such improvement in recent months, but experts ...
- Provenzano fights for mayor seat with business background Monday, June 27, 2011 @ 1:46PMProvenzano wants to be city's marketing ambassador as he runs against two challengers,
- No-Cost Idea to Save Unemployment Insurance Sunday, June 26, 2011 @ 12:55PMUnemployment rates have recently hit a new high, and in the wake of a potential “double-dip” recession, Hausmann-McNally S.C. President Charles Hausmann has a plan to revolutionize unemployment insurance
- 'It's Politics: State Sen. Bob Huff endorses Mitt Romney for president Friday, June 24, 2011 @ 11:12PMEditor's note: It's Politics reports Saturdays on the ins and outs of Whittier-area politics. State Sen.
- City-subsidized building in Chula Vista faces foreclosure Thursday, June 23, 2011 @ 2:38PMChula Vista could lose hundreds of thousands in property tax revenue.
- Report: 'Shadow' housing inventory decreasing Wednesday, June 22, 2011 @ 11:00PMAbout 1.7 million homes were in the foreclosure process and expected to be put on the market as of April, down 18 percent from the peak, as fewer loans entered delinquency and more distressed homes sold, a California-based real estate information company said Wednesday.
- Foreclosure Defense Seminars Slated for Next Week in St. Louis Tuesday, June 21, 2011 @ 8:00AMKeep Your Hands Off My Home Teaming up with Legal Experts to Provide Homeowners with Foreclosure Information
- Kramer Law: Bank of America Accused of Burdening U.S. Regulators During the Foreclosure Review Process Tuesday, June 21, 2011 @ 8:00AMKramer Kaslow: Philip Kramer weighs in on latest lawsuit concerning Bank of America's alleged misconduct in the area of home foreclosures
- Tribeca Sheds Nine Apartment Buildings Tuesday, June 21, 2011 @ 5:07AMSAN FRANCISCO-San Francisco-based private equity real estate investment firm, Tribeca Cos. , has sold nine properties comprising 155 apartment units and one retail space in San Francisco and Burlingame.
- Amy Hoak's Home Economics: 5 house markets with best, worst outlook Sunday, June 19, 2011 @ 11:17PMSome of the hardest-hit housing markets are beginning to show some signs of strength, though they’re not fully out of the woods yet, according to a recent real-estate market forecast.
- Foreclosed Homes Falling Into Disrepair Saturday, June 18, 2011 @ 8:03PMThere are still foreclosed homes checker-boarded throughout neighborhoods and many are falling into disrepair
- BUSINESS CASUAL: Slow housing market leads to fewer inexperienced real estate agents Thursday, June 16, 2011 @ 9:21PMThe housing market is still woozy after a rowdy few years. Even today, four years after the peak, 2 million U.S. homes are either in banks' hands because of foreclosure or in some stage of that process.
- Foreclosure filings remain elevated in Whatcom County Thursday, June 16, 2011 @ 5:26PMWhile foreclosure filings have slowed down nationally, they remain at an elevated level in Whatcom C
- Foreclosure process slowing in state Thursday, June 16, 2011 @ 1:24AMThe time to foreclose is on the rise throughout California, and Yuba-Sutter is no exception. Statewide, the time between the filing of the notice of default and the final sale at auction set a record in May when it hit 344 days — three weeks shy of...
- Empire: The Death Of A Nevada Company Town Sunday, June 12, 2011 @ 3:59AMWhen it comes to the hardship, heartache and havoc created by the housing collapse, the only difference between giant Las Vegas and this tiny town is this: Next Tuesday, Las Vegas will still exist. Empire, about 100 miles northeast of Reno in the Black
- Movie and comic treasures go for big bucks Wednesday, June 8, 2011 @ 7:21AMLike Captain Ahab hunted the great white Moby Dick, Joe Maddalena is hunting ruby slippers from "The Wizard of Oz." The magical shoes have been missing since 2005 when they were stolen from the Judy Garland Museum in Grand Rapids, Minnesota. There is a $250,000 reward for their return.
- Embarrassingly Lame Federal/”50″ State Attorneys General Mortgage Negotiations Continue Wednesday, June 8, 2011 @ 4:52AMI'm having trouble understanding why anyone is still treating the Federal/state attorney general mortgage "settlement" negotiations as anything other that a fiasco. The more news reports come out, the more the parties aligned against the banks look like fools. The latest confirmation comes in an article by Shahien Nasiripour in the Huffington Post that a member of the Department of Justice ...
- Arizona Land Sells at a 92% Discount Tuesday, June 7, 2011 @ 12:25PMLast month, a 10,200-acre parcel outside of Maricopa, Ariz., sold for pennies on the dollar.
- Foreclosure Sale Pits Old Tenants vs. New Landlord Monday, June 6, 2011 @ 2:56PMOAKLAND—The tenants of Marin Way Court in Oakland have been targeted for displacement by Arroyo & Coates, a San Francisco real estate firm. David Silver is the firm’s executive vice president, and Jamie Clifford is senior vice president.An April...
- Trial set for man accused of killing 11 in Ohio Monday, June 6, 2011 @ 4:59AMJury selection begins Monday in the trial of Anthony Sowell, who faces 85 counts related to the rape and murder of 11 women.
- Gramercy Capital (GKK): A Graham Stock Wrapped in a Mystery Saturday, May 28, 2011 @ 10:06AMBy Above Average Odds. The investment analysis below is our twelfth in our series of guest posts, and is brought to you by friend of the blog PlanMaestro of the fantastic Variant Perceptions. We will keep the intro quick but safe to say we are honored to bring our readers Plan's latest write-up on Gramercy Capital ( GKK ), which is as insightful and illuminating as we have come to expect from ...
- Report: Sales of foreclosed homes fall in first quarter Friday, May 27, 2011 @ 7:18AMLOS ANGELES — Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 percent of all home sales — a share nearly six times higher than what it would be in a healthy housing market.
- Report: Sales of foreclosed homes fell in 1Q Thursday, May 26, 2011 @ 8:36PMLOS ANGELES (AP) — Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 percent of all home sales — a share nearly six times high
- US foreclosures hit record high in 2010 Thursday, May 26, 2011 @ 6:40PMA report shows that a total of 3.82 million foreclosures were reported on a record 2.87 million US properties in 2010, a rise of nearly two percent from 2009.
- Banks settle for $22M in SCRA foreclosures case Thursday, May 26, 2011 @ 6:37PMAbout 180 troops will share in a settlement of more than $22 million that was reached with two lenders who allegedly wrongfully foreclosed on the service members’ homes without obtaining court orders, in violation of the Servicemembers’ Civil Relief Act, the Justice Department announced May 26.
- Report: Sales of Foreclosed Homes Fell in Q1 Thursday, May 26, 2011 @ 4:15PMLOS ANGELES (AP) – Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 p...
- Applied linguistics department closes admissions after failing to meet all of Academic Senate's demands, now in limbo ... Thursday, May 26, 2011 @ 3:49PMAfter allegedly failing to meet requests for change from the Academic Senate, the applied linguistics department will not be allowed to accept new students for the 2012-13 school year.
- Calif. investigates Fla. foreclosure firm Thursday, May 26, 2011 @ 3:22PMSACRAMENTO, May 26 (UPI) -- California's Attorney General Kamala Harris said her office would investigate a Florida firm that processed thousands of foreclosure cases for money lenders.
- Foreclosed Home Sales Down Thursday, May 26, 2011 @ 12:45PMOn Wednesday, data released by RealtyTrac showed that the total number of foreclosed properties sold in the first quarter of 2011 was 158,434, down 16% from the prior quarter and 36% from the prior-year quarter.
- Attorney General Announces Mortgage Fraud Strike Force Monday, May 23, 2011 @ 6:07PMA special task force of attorneys, including some in Los Angeles, will be cracking down on people and companies involved in mortgage fraud, Attorney General Kamala Harris announced today.
- Attorney General Kamala D. Harris Announces Creation of Mortgage Fraud Strike Force to Protect Homeowners Monday, May 23, 2011 @ 5:55PMAttorney General Kamala D. Harris today announced the creation of the California Attorney General's Mortgage Fraud Strike Force, staffed by Department of Justice attorneys and investigators charged with protecting innocent homeowners and bringing to justice those who defraud them.