Mortgage
J.D. Power and Associates Reports: Despite Recent Turmoil in the Mortgage Market, Overall Satisfaction with Primary Mortgage Lenders Remains Stable
December 12, 2007 Posted by California RealEstateRama
Wachovia Ranks Highest in Primary Mortgage Origination Customer Satisfaction
WESTLAKE VILLAGE, Calif.: 12 December 2007 — Although the housing market has been in turmoil for much of 2007, most borrowers have not been negatively impacted and overall satisfaction across the mortgage lending industry has remained stable since 2006, according to the J.D. Power and Associates 2007 […]
Countrywide Wants to Help Dispel Home Buying Myths
December 7, 2007 Posted by California RealEstateRama
Calabasas, CA – (December 6, 2007) — It’s not hard to have questions about today’s real estate market – especially if you’re the one considering purchasing your first home or making a move. With all the recent news reports about mortgage lending options, refinancing and interest rates, there is plenty of information floating around. To […]
Countrywide Applauds Mortgage Freeze Plan
December 7, 2007 Posted by California RealEstateRama
Company’s $16 Billion Home Preservation Program Inline with New National Program
CALABASAS, Calif., Dec. 6 /PRNewswire/ — Countrywide Financial Corporation (NYSE: CFC) applauds the Administration’s endorsement of the industry’s HOPE NOW initiative to provide loan modification assistance to borrowers at risk of delinquency due to interest rate resets.
Countrywide Wants to Help Dispel Home Buying Myths
December 7, 2007 Posted by California RealEstateRama
CALABASAS, Calif., Dec. 6 /PRNewswire-FirstCall/ — It’s not hard to have questions about today’s real estate market — especially if you’re the one considering purchasing your first home or making a move. With all the recent news reports about mortgage lending options, refinancing and interest rates, there is plenty of information floating around. To help […]
The PMI Group, Inc. Endorses New Foreclosure Prevention Initiative
December 7, 2007 Posted by California RealEstateRama
WALNUT CREEK, Calif., Dec. 6 /PRNewswire-FirstCall/ — The PMI Group, Inc. (NYSE: PMI) announced support for the U.S. Department of the Treasury’s new plan to bring together mortgage industry participants, government agencies, and non-profit organizations to reduce preventable foreclosures.
Oasis Real Estate Services has Started up a Free Private Financing Workshop Offering Solutions to the Many Problems Associated with Private Mortgages
December 6, 2007 Posted by California RealEstateRama
All of your questions concerning what to do with those mysterious Private Mortgages will be answered at this Work Shop. Buying and selling private mortgage notes will also be featured in this workshop.
AMB Property Corporation(R) to Present at the UBS Global Real Estate Conference
November 28, 2007 Posted by California RealEstateRama
SAN FRANCISCO, Nov. 27 /PRNewswire-FirstCall/ — AMB Property Corporation(R) (NYSE: AMB), a leading developer and owner of industrial real estate, today announced that Thomas S. Olinger, the company’s chief financial officer, is scheduled to make an appearance at the UBS 2007 Global Real Estate Conference being held at the Renaissance Chancery Court Hotel in London.
Give Them What They Really Want This Year: A Smaller Mortgage
November 27, 2007 Posted by California RealEstateRama
Countrywide’s Credit Card Rewards Feature Enables Cardmembers to Pay Down Their Mortgages Faster; Rewards Fully Transferable to Friend, Family Member’s Countrywide Mortgage - Survey: 71 percent of cardmembers opting to redeem points to pay down their mortgage
Data: U.S. Rep. Baca Can Act to Save 3,243 Homes in Congressional District From Foreclosure During Subprime Mortgage Crisis
November 26, 2007 Posted by California RealEstateRama
Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center for Responsible Lending; Rep. Baca Urged to Support Pending Bills to Eliminate Unfairness in Mortgage Foreclosure Process
SAN BERNADINO, Calif., Nov. 26 /PRNewswire-USNewswire/ — There is promising news today for distressed homeowners in the San Bernadino area. The National Association […]
State, Lenders Agree to Wide-Scale Loan Modifications in Calif.
November 21, 2007 Posted by California RealEstateRama
Progress must be measured to track success, impact
OAKLAND, Calif., Nov. 20 /PRNewswire-USNewswire/ — Gov. Arnold Schwarzenegger and California mortgage lenders Countrywide, GMAC, Litton and HomeEq announced today that they plan to follow the direction of FDIC Chairman Sheila Bair and institute systematic loan modifications for borrowers with resetting ARMs.
FNTG Offers 50 Percent Discount and Free Credit Monitoring to Homeowners With Property Damage From California Wildfires
November 19, 2007 Posted by California RealEstateRama
SAN DIEGO, Nov. 19 /PRNewswire-FirstCall/ — Three of Fidelity National Title Group’s (FNTG’s) underwriters are cutting their title insurance rates in half for homeowners whose residences have been partially or completely destroyed by the recent wildfires in California, the Company announced today. Title insurance discounts are available from Chicago Title, Fidelity National Title and Ticor […]
PriceMyLoan Delivers On Its Promises With Private Testing Suite
November 15, 2007 Posted by California RealEstateRama
COSTA MESA, Calif., Nov. 15 /PRNewswire/ — PriceMyLoan (PML) today announced that Spectra Funding has implemented their automated underwriting and loan pricing technology. Spectra Funding was convinced of PriceMyLoan’s capabilities in large part because of the private testing suite that was offered to them during the vendor due diligence process.
Credit union a casualty of housing crisis
November 7, 2007 Posted by California RealEstateRama
Real estate loan defaults force conservatorship on Cal State 9 while it stays open for business
The weight of defaults on real estate loans has forced the Bay Area-based Cal State 9 Credit Union into federal conservatorship.
GMAC ResCap to Offer Mortgage Relief to Customers Affected By California Wildfires
November 1, 2007 Posted by California RealEstateRama
GMAC ResCap will offer mortgage relief counseling, and other assistance to about 330,000 GMAC Mortgage and Homecomings Financial customers that may be affected by the Southern California wildfires within the areas that have been declared federal disaster areas.
Nearly 600 Southern California Foreclosed Homes Totaling $198 Million Up For Auction
October 30, 2007 Posted by California RealEstateRama
With Homes Valued from $100,000 to nearly $700,000, Buyers Will Likely Find Pick of Deals at Auction Scheduled November 6-11
LOS ANGELES, Oct. 30 /PRNewswire/ — A souring housing market brimming over with foreclosures and falling home prices translates into sweet news for buyers in search of deals. As property values continue their spiral downward, more […]