WASHINGTON, DC - April 29, 2013 - (RealEstateRama) -- The Community Housing Development Corporation (CHDC) of North Richmond will receive $145,720 in federal grants to promote affordable housing and bolster foreclosure counseling, U.S. Rep. George Miller (D-Contra Costa) announced today.
SACRAMENTO - April 25, 2013 - (RealEstateRama) -- The California Housing Finance Agency (CalHFA) today announced that it will receive nearly $1.3 million in additional federal dollars to provide free counseling to homeowners struggling to avoid foreclosure.
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Housing Opportunity and Mortgage Equity (HOME) Act of 2013 to help underwater homeowners avoid foreclosure. The HOME Act will help lower homeowners’ monthly mortgage payments, providing them with a path to stay in their homes
WASHINGTON, D.C. - April 23, 2013 - (RealEstateRama) -- The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter. The unusually sharp drop in the number of mortgage default notices filed by lenders stems mainly from rising home values, a strengthening economy and government efforts to reduce foreclosures, a real estate information service reported
SAN FRANCISCO, CA - April 19, 2013 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced California’s National Mortgage Settlement Grant Program has...
WASHINGTON, D.C. - March 28, 2013 - (RealEstateRama) -- Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, introduced the Project Rebuild Act of 2013 on Thursday afternoon. This legislation would provide funding for the rehabilitation of foreclosed and abandoned properties, helping to prevent the deterioration of neighborhoods which leads to plummeting housing prices and lower quality of life for residents.
LOS ANGELES, CA - March 19, 2013 - (RealEstateRama) -- The California Department of Insurance (CDI) announced today that Harold John Shields of Hawthorne, CA, 57, was extradited from Houston, Texas on March 7, 2013 and booked in the Century Sheriff Station in Lynwood, CA. The suspect has been arraigned and charged with two felony counts of grand theft and two felony counts of theft from elder. Shields is being held on $500,000 bail.
Los Angeles, CA - March 8, 2013 - (RealEstateRama) -- Neighborhood Housing Services of Los Angeles County is joining forces with City of Pico Rivera to help families with homeownership. Home affordability is higher now than in the past, this is a great time for families to purchase their first home. Although foreclosure filings in California reached the lowest it’s seen in six years during the fourth quarter of 2012, there are still families struggling to save their homes. Southern California residents can take the first step in the home buying process or saving the home they already own from foreclosure, by attending this FREE event on Saturday, March 9, 2013
WASHINGTON, DC - March 8, 2013 - (RealEstateRama) -- Two Northern California real estate investors have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced
Neighborhood Housing Services of Los Angeles County (NHS), Assemblymember Raul Bocanegra and Pacoima Neighborhood...
Los Angeles, CA - March 4, 2013 - (RealEstateRama) -- At first glance, Pacoima looks like any other quaint neighborhood. What makes this community different is that it’s located in an area that has been significantly affected by the foreclosure crisis. Neighborhood Housing Services of Los Angeles County (NHS) along with Assemblymember Raul Bocanegra, the Pacoima Neighborhood Council and over 100 residents and volunteers will join together with paint brushes, brooms and shovels to beautify a block in Pacoima, CA on Saturday, March 2, 2013 for Neighborhood Pride Day
Washington, DC - February 6, 2013 - (RealEstateRama) -- Congresswoman Maxine Waters, ranking member of the House Financial Services Committee, today sent the attached letter to Jeb Hensarling, chairman of the committee, requesting that he hold a hearing about the abrupt end of the Independent Foreclosure Review (IFR) process
WASHINGTON, DC - February 5, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.
La Jolla, CA - January 28, 2013 - (RealEstateRama) -- The number of California homeowners pushed into the foreclosure process fell last quarter to the lowest level in six years, the result of rising home values, an improving economy and a shift toward short sales, a real estate information service reported.
SACRAMENTO, CA - December 21, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced that the California Homeowner Bill of Rights, a landmark package of legislation that extends key mortgage and foreclosure protections to California homeowners and borrowers, will take effect on January 1, 2013
SAN FRANCISCO, CA - November 22, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced a $10.4 million grant program for organizations that provide housing counseling and legal services to homeowners. The grant funds were secured through the National Mortgage Settlement with the goal of providing assistance to homeowners impacted by California's foreclosure crisis.
WASHINGTON, DC - November 1, 2012 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.
LOS ANGELES, CA - September 27, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. today directed Ally Financial, Inc., formerly known as GMAC, to prove immediately that it is complying with state law or, if it cannot, to cease and desist from foreclosing on California homes.
Stockton, CA - September 25, 2012 - (RealEstateRama) -- Next Sat., Sept. 29, 2012, Congressman Jerry McNerney (D-Stockton) will attend a foreclosure assistance and first-time homebuyers workshop in Stockton. The Congressman will speak at the event at 10 am. HUD-certified counselors will be on hand to provide assistance, and first-time homebuyers can find out how to take advantage of the lowest interest rates in 20 years.
LOS ANGELES, CA - September 13, 2012 - (RealEstateRama) -- Federal agents this morning arrested 10 defendants who worked at a Rancho Cucamonga-based business that allegedly offered bogus loan modification programs to financially distressed homeowners. As a result of the scheme allegedly run out of 21st Century Real Estate Investment Corp. and several related companies, more than 4,000 financially distressed homeowners lost at least $7 million in fees they paid to the company, and many homeowners lost their homes to foreclosure.
LOS ANGELES, CA - September 3, 2012 - (RealEstateRama) -- With thousands of California homeowners facing foreclosure, U.S. Rep. Karen Bass held a community town hall and consumer rights workshop to provide residents with one-on-one foreclosure counseling, financial guidance, as well as brief attendees on current legislation in Congress to help homeowners who are facing foreclosure stay in their homes.