http://www.better-california-mortgage.com/californiamortgagenews.html California Mortgage News en-us
Christian Science Monitor

California Mortgage Rates at 4.23%
TheStreet.com
01/23/12 - 11:23 AM EST California (Rate Wire) -- The benchmark 30-year fixed mortgage rate in CA has moved down over the last year. In our year-ago review on Jan. 28 the rates averaged 4.93%; this week the average stands at 4.23%, a drop of 70 basis ...
Mortgage Rates: Low Mortgage Rates Holding Steady as Focus Turns to EuropeFreeRateUpdate.com
Dec. new home sales fall, mortgage rates riseTucson Citizen

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Risks when refinancing your home
The Downey Patriot
These provisions of section 580b of the California Code of Civil Procedure protects the consumer from the lender institution from coming back and making the consumer pay for any losses associated with the failure to pay their mortgage after they have ...
San Ramon, California Mortgage Expert Reveals the Truth About Mortgage RefinancingSBWire (press release)

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PW-Philadelphia Weekly

Mortgage Deal Reached In 2008 Shows Pitfalls To Avoid In Current Settlement
Huffington Post
... would provide $25 billion in assistance to needy homeowners by changing the terms of their mortgage, refinancing their mortgage, or reducing the amount of principal owed on their mortgage. Five states -- California, Nevada, New York, Massachusetts, ...
Foreclosure Accord Said to Ensure Same Terms for All 50 StatesBusinessWeek
Finally, A Foreclosure Settlement (Maybe)KCCI Des Moines
Limiting Immunity for Banks Key in Foreclosure 'Robo' DealeCreditDaily.com

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California's Solo Mortgage Probe Complicated by 2008 Deal
BusinessWeek
6 deadline to join a proposed multistate agreement over foreclosure practices said to be worth as much as $25 billion if California joins, Harris has said she won't sign onto a deal blocking her from investigating whether the five largest US mortgage ...

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Los Angeles Times

New York sues banks over electronic mortgage system
Reuters
Schneiderman is also a central figure in widely publicized negotiations to reach a federal-state settlement with the top US banks over mortgage abuses. A key question is whether holdouts, including Schneiderman and California Attorney General Kamala ...
New York sues 3 big banks over use of mortgage registry databaseLos Angeles Times
Foreclosure Settlement Will Settle NothingTheStreet.com
Foreclosure Deal With Banks Said to Ensure Same Terms for All 50 StatesBloomberg
Bizjournals.com (blog)
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Around Dublin Blog (blog)

California Governor Jerry Brown Delivers State of the State Address
Around Dublin Blog (blog)
“After the mortgage bubble burst in 2007, California lost a million jobs, much of it driven by the overleveraged construction industry and its financial partners in the under-regulated mortgage industry. The result is a recovery far slower than after ...

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Bloomberg

With Role Lessened, Loan Chief Exits BofA
Wall Street Journal
Mr. Lewis tapped her to run the mortgage business in 2008, after the purchase of troubled California mortgage lender Countrywide Financial Corp. Ms. Desoer moved from Charlotte to California so she could oversee operations first hand.
BofA Wins Dismissal From Allstate Mortgage Losses Suit Against CountrywideBloomberg
Bank of America home loans president retiringReuters
Bank of America's Desoer to retireCharlotte Observer
PropertyCasualty360 -Bizjournals.com (blog)
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Press-Enterprise

Provident mortgage office set in Roseville
Sacramento Bee
Riverside-based Provident Financial Holdings Inc., the holding company for Provident Savings Bank, said it has hired a retail mortgage banking group to operate from three Northern California cities, including Roseville. The other cities are Fairfield ...
Provident Bank Recruits Northern California Retail Mortgage Banking GroupMarketWatch (press release)
Provident Financial Holdings Hires Mortgage Banking GroupLoanSafe
BANKING: Provident hires mortgage banking groupPress-Enterprise
American Banker -Mortgage Daily -Middle East North Africa Financial Network
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Kinecta CEO Sees Signs of Mortgage Recovery
Credit Union Times
By Jim Rubenstein California's $3.1 billion Kinecta Federal Credit Union, party to a delayed mega-merger with the $1.1 billion NuVision CU, is in recovery mode this month, tending to a battered mortgage portfolio. It is perhaps a setback for Kinecta of ...

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RisMedia.com (press release)

Tales from the Field: A Homeowner Who Fought Foreclosure and Won
RisMedia.com (press release)
“We are making some headway, even in California, though it has been slow,” said Walter Hackett, an attorney who represents homeowners in California's Inland Empire. “As attorneys become savvier about the realities of mortgage lending, they are starting ...

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