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LOS ANGELES, CA - November 18, 2010 - (RealEstateRama) -- More than 5,500 first-time home buyers were approved for the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Housing Affordability Fund (C.A.R.H.A.F.) Mortgage Protection Program (MPP), which provides mortgage payment assistance in the event of a job layoff

October 12, 2009 - (RealEstateRama) -- To help prevent California homeowners and homebuyers from being negatively impacted by the fraudulent mortgage practices that have arisen in the aftermath of the national foreclosure crisis, Governor Arnold Schwarzenegger has signed legislation to increase protections for consumers in the lending market and provide law enforcement with more tools to crack down on deceitful mortgage practices. These bills aim to strengthen California’s reverse mortgage laws by providing senior homeowners with greater consumer protections when considering reverse mortgage agreements, make it a felony to commit fraud in connection with a mortgage application and promote responsibility and accountability in the real estate market.

C.A.R. approves 384 applications for its Mortgage Protection Program for first-time buyers. Association awarded $420,000 Ira Gribin grant to provide additional policies to first-time home buyers. LOS ANGELES, CA - August 4, 2009 - (RealEstateRama) -- More than 380 first-time home buyers have been approved for the CALIFORNIA ASSOCIATION OF REALTORS® Housing Affordability Fund (C.A.R.H.A.F.) Mortgage Protection Program (MPP). As of late July, 384 applications have been approved, and an additional 22 applications were in the pipeline awaiting approval.

LOS ANGELES, CA - April 03, 2009 - (RealEstateRama) —The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP) for first-time home buyers.