Foreclosures

Foreclosures

Neighborhood Housing Services of Los Angeles County (NHS) Along With the City of Pico...

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

Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at...

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

Waters Requests Hearing on Termination of Independent Foreclosure Review Process

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

Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...

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.

California: Foreclosure Starts Lowest Since 2006

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.

Attorney General Kamala D. Harris Announces the California Homeowner Bill of Rights to Take...

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

Attorney General Kamala D. Harris Announces Homeowner Assistance Grant Program

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.

Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...

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.

Brown Directs Nation’s Fourth Largest Home Lender to Suspend Foreclosures Until It Proves It...

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.

Congressman McNerney Announces Foreclosure Assistance And First-Time Homebuyers Workshop

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.

Grand Jury Indicts 11 Linked to an Inland Empire Loan Modification Scam That Targeted...

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.

U.S. Rep. Karen Bass Addresses Housing Crisis in Town Hall, One-on-One Counseling, Workshop for...

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.

Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...

WASHINGTON, DC - August 16, 2012 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for her role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

Congressman Miller Questions Fed Chairman on Fannie Mae Property Bulk Sale

Washington, DC - July 23, 2012 - (RealEstateRama) -- Click here for entire Capitol Connection Newsletter During Federal Reserve Chairman Ben Bernanke’s appearance before the House Financial Services Committee on Wednesday, Congressman Miller expressed his serious concerns about the Federal Housing Finance Agency’s (FHFA) pilot program to sell Fannie Mae-owned foreclosed properties in California in bulk.

McNerney On A Mission To Help Area Homeowners

Washington, D.C. - July 20, 2012 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Fast Help For Homeowners (FHFH) Act, H.R. 6153, to help speed up the short sale process, a necessary step to addressing the housing crisis. McNerney’s bill was met with broad bipartisan support and industry endorsements

SATURDAY, JULY 21st: Office of Congressman Cardoza to Host Free Foreclosure Assistance and Recovery...

WASHINGTON, DC - July 16, 2012 - (RealEstateRama) -- On Saturday July 21st, Congressman Dennis Cardoza (D-Merced), the California Partnership for San Joaquin Valley, and the San Joaquin Valley Housing Collaborative will be hosting a free foreclosure and recovery workshop where current and former homeowners can receive valuable advice and counseling from experts.

Pelosi Statement on Signing of California Homeowner Bill of Rights

Washington, D.C. - July 16, 2012 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement after California Governor Jerry Brown, joined by Attorney General Kamala Harris, signed the California Homeowner Bill of Rights into law today in Los Angeles.

California Homeowner Bill of Rights Signed into Law

LOS ANGELES, CA - July 12, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris announced that the Homeowner Bill of Rights, which will protect homeowners and borrowers during the mortgage and foreclosure process, was signed into law today by Governor Edmund G. Brown Jr.

First-in-the-nation legislative package will make foreclosure process fairer, hold banks accountable

WASHINGTON, D.C. - July 3, 2012 - (RealEstateRama) -- Both houses of the California Legislature today approved the Foreclosure Reduction Act, a bill designed to reduce unnecessary foreclosures in the state. The bill is the centerpiece legislation of Attorney General Kamala Harris' Homeowner Bill of Rights.

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Congressman John Garamendi

Congressman John Garamendi’s Statement on FEMA approval of request for Emergency...

Congressman John Garamendi (D-Davis, Fairfield, Yuba City) issued the following statement after the Federal Emergency Management Agency (FEMA) approved Governor Jerry Brown’s request for an Emergency Disaster Declaration in response to the Oroville Dam spillway situation and a Major Disaster Declaration as a result of the January storms:

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