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Survey Results Show Lenders Not Helping Borrowers Keep Their Homes

SAN FRANCISCO, Oct. 10 /PRNewswire-USNewswire/ -- California's largest lenders are not helping borrowers, who struggle to make their mortgage payments, avoid foreclosure. The California Reinvestment Coalition (CRC) surveyed 33 of the state's more than 80 mortgage counseling agencies that offer assistance to financially strained borrowers, and found that most borrowers are pushed to foreclosure or short sale, leaving them without the homes they worked so hard to own.

Mortgage Meltdown

Ever since the real estate market boiled over, melting down the mortgage industry and its cheap-money feeding frenzy, I've been waiting for one happy outcome: an end to the roar of mortgage brokers at my various doors.

Countrywide Home Loans Partners with RealEC Technologies to Deliver Online Closing Platform

SANTA ANA, Calif., Oct. 10 /PRNewswire-FirstCall/ -- RealEC Technologies Inc., the leading provider of collaborative network solutions to the mortgage industry, today announced it has entered into an agreement with Countrywide Home Loans, Inc., a division of Countrywide Financial Corporation, allowing Countrywide to use RealEC's Web-based closing platform for mortgage refinance and home equity lending transactions.

PMI Mortgage Insurance Co. Heralds House Vote to Extend Tax Deductibility for Mortgage Insurance...

WALNUT CREEK, Calif., Oct. 4 /PRNewswire-FirstCall/ -- The PMI Group, Inc. (NYSE: PMI) applauds Thursday's overwhelming vote in the House of Representatives to pass H.R. 3648, which, among other things, extends the tax provision enabling low- to moderate-income homebuyers to deduct the cost of mortgage insurance premiums from their federal income tax returns until 2014. Similar legislation, S. 1416, was introduced in the Senate in July.

Triyar Hospitality and Warburg Pincus Launch Joint Venture Targeting Select Service Hotel Development

LOS ANGELES, Oct. 4 /PRNewswire/ -- Triyar Hospitality announced today that it has launched its first $160 million joint venture with Warburg Pincus Real Estate I, L.P. to acquire and develop select-service hotels in the Western and Southwestern United States.

California Landslide Destroys 2 Homes, Damages Several Others

Dozens of city workers remained at site of a landslide Thursday morning, monitoring the area for signs of fresh slippage and keeping evacuated residents from returning home.

Dalton Investments Launches Distressed Mortgage Strategy

LOS ANGELES, Oct. 2 /PRNewswire/ -- Dalton Investments, LLC, a SEC- registered investment management firm serving institutional and private clients, today announced that it is offering a new distressed-mortgage strategy that will buy defaulted loans from mortgage servicing companies at significant discounts and restructure them, providing affordable monthly payments for homeowners and a residential mortgage- and real estate-backed investment vehicle for Dalton's investors.

Media Advisory: World’s Largest Festival Mural to be completed at Downtown Los Angeles’ Grand...

100 foot long LA River Mural banner to be finished with painted hand-print border. Public invited to participate.

Residents Begin to Move Into The Potrero 65% of the 165 homes have sold

SAN FRANCISCO, Sept. 27 /PRNewswire/ -- It's move-in time for residents of The Potrero, San Francisco's new condominium development located on sunny Potrero Hill. The Potrero offers residents an intimate retreat in the heart of one of San Francisco's most dynamic, creative and established neighborhoods.

First American LoanPerformance Announces Availability Of TrueStandings(R) Home Price Index

New Analytics Provide the Most Comprehensive Home Price Indices Available to Monitor and Simultaneously Evaluate Real Estate Risk and Opportunity

Hood Estate: The Manual for Success & Wealth Through Real Estate

American entrepreneurs have made millions in the real estate market. Unfortunately it is an industry that is too often closed to underprivileged people, though they have their own enterprising dreams. Despite the current real estate slump, real estate mogul

Hood Estate: The Manual for Success & Wealth Through Real Estate

American entrepreneurs have made millions in the real estate market. Unfortunately it is an industry that is too often closed to underprivileged people, though they have their own enterprising dreams. Despite the current real estate slump, real estate mogul

Trulia Leaps Ahead to Become One of the Top 3 Traffic Drivers to Real...

Internet's fastest-growing real estate search engine is competitive with global search leaders Google and Yahoo!

Best Markets For Landlords

Whether they're waiting out the housing storm, or smack in the middle of it, an increasing number of Americans are choosing to rent, not own. And that's good news for landlords and investors.

LoopNet Named ‘Company of the Year’ by Entrepreneurs Foundation

SAN FRANCISCO , Sept. 19 /PRNewswire-FirstCall/ -- LoopNet, Inc. (Nasdaq: LOOP), which operates the largest online commercial real estate marketplace, has been named "Company of the Year" for 2006 by the Entrepreneurs Foundation, the San Francisco Bay Area organization, for its outstanding commitment to community involvement. LoopNet is headquartered in San Francisco with additional office locations in Los Angeles and New York City.

Foreclosure Activity Increases 36 Percent in August According to RealtyTrac(TM) U.S. Foreclosure Market Report

IRVINE, Calif., Sept. 18 /PRNewswire/ -- RealtyTrac(R), the leading online marketplace for foreclosure properties, today released its August 2007 U.S. Foreclosure Market Report, which shows a total of 243,947 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported during the month, up 36 percent from the previous month and up 115 percent from August 2006.

Regional Executive Conference Addresses Tri-County Concerns; Los Angeles, Ventura and Kern County Leaders Convene

VALENCIA, Calif., Sept. 18 /PRNewswire/ -- The Valley Industrial Association of Santa Clarita hosts the second annual Regional Executive Summit on Wednesday, October 24, offering business executives from Los Angeles, Ventura and Kern counties a forum for discussion related to issues in the tri-county area. The conference convenes at 7:30 a.m. at the Hyatt Valencia, 24500 Town Center Drive, Valencia, California.

Joffrey Long: Loan Officers Gearing up for Reverse Mortgages

GRANADA HILLS, Calif., Sept. 18 /PRNewswire/ -- With the huge falloff in loan volume for most types of loan products, reverse mortgages are getting increased attention from the mortgage industry. According to Joffrey Long, President of Southwestern Mortgage, there's a lot of interest in reverse mortgage training. "Our training sessions are filling up almost as fast as we can schedule them," said Long, whose company is a provider of reverse mortgages and reverse mortgage training for loan officers.

AMB Property Corporation(R) to Hold Analyst/Investor Forum on Tuesday, September 18, 2007

SAN FRANCISCO, Sept. 17 /PRNewswire-FirstCall/ -- AMB Property Corporation(R) (NYSE: AMB), a leading global developer and owner of industrial real estate, will host an analyst and investor forum on Tuesday, September 18, 2007 in New York City at the Palace Hotel. Additionally, AMB executives will ring The Closing Bell(R) at the New York Stock Exchange on Monday, September 17, 2007.

Barratt's City Square Debunking Market Trends

ESCONDIDO, Calif., Sept. 17 /PRNewswire/ -- Contrary to cooling market trends, Barratt American's City Square neighborhood in downtown Escondido has sold an astounding 18 homes in the month since its grand opening, it was announced by President of Barratt American's Urban Division Larry Clemens.

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

Senators: Include Legal Protections for Military Families in Privatized Housing in...

Senators Dianne Feinstein (D-Calif.), Mark Warner (D-Va.), Kamala D. Harris (D-Calif.) and Tim Kaine (D-Va.) today called on the Senate Armed Services Committee to include in the upcoming National Defense Authorization Act portions of the Ensuring Safe Housing for our Military Act