http://www.better-california-mortgage.com/californiamortgagenews.html California Mortgage News en-us
Digital News Report

Homes keep falling into foreclosure as programs fail to help
McClatchy Washington Bureau
In a recent survey of 53 California mortgage counselors with caseloads of more than 14000 homeowners, 60 percent said they had clients who lost their homes ...
Feds put up $1 billion more for mortgage reliefSan Francisco Chronicle

all 118 news articles »

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PMI Plunges, Leading Drop in Mortgage-Insurance Shares, After Posting Loss
Bloomberg
The loss narrowed to $150.6 million, or $1.11 a share, from $222.6 million, or $2.71, in the year-earlier period, the Walnut Creek, California-based company ...
PMI Group posts 12th straight quarterly loss; shrs fallReuters

all 100 news articles »

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msnbc.com

Sharga Sees `Slim Chances' of Recovery for U.S. Housing: Video
Bloomberg
... the first half as high unemployment left many homeowners unable to pay their mortgages, according to the Irvine, California-based mortgage-data company. ...
N. Texas mortgage delinquencies up year-over-yearFort Worth Star Telegram
Foreclosure rate may be easing in metro Birmingham marketal.com (blog)
Foreclosures ease in cities hit hardest by housing crisisChristian Science Monitor
VEE 2 -Memphis Business Journal -Dayton Business Journal
all 396 news articles »

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US Crackdown Forces Calif. To Yank Home Solar, Energy-Retrofit Loans
New York Times
California pulled funding for its home solar and energy-retrofit loans yesterday in response to federal mortgage overseers' ...
California Energy Commission $3.6 million energy efficiency loan program can ...New Streetlights

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Bakersfield Now

California Mortgage Defaults Hit 3-Year Low
TheStreet.com
California's mid and high-end markets tended to see smaller quarter-to-quarter and year-over-year declines in mortgage defaults last quarter. ...
Mortgage defaults fall as short sales riseModesto Bee
State sees fewer default notices in 2nd quarterSan Francisco Chronicle
California foreclosures: Defaults fall to 3-year lowLos Angeles Times
San Diego Union Tribune -Inman.com -Inland Empire News
all 92 news articles »

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Problem Solver: Mortgage modifications take patience, extra help
Chicago Tribune
According to RealtyTrac, a California-based foreclosure tracking company, banks took back a record number of homes through foreclosure during the second ...

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Sonoma County resists feds on home energy loans
San Francisco Chronicle
The feds implied that a homeowner who acquired PACE money would be violating the terms of their mortgage and stated outright that lenders in areas with PACE ...
Energy Commission cancels $30M in PACE fundingBizjournals.com
Feds balk at home energy-efficiency loan programPioneer Press
Outlook Dims For Popular Energy-Efficiency LoansNPR
CleanTechnica -San Jose Business Journal -Housing Wire
all 31 news articles »

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Narula's Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain
Bloomberg
... the first half as high unemployment left many homeowners unable to pay their mortgages, according to the Irvine, California-based mortgage-data company. ...

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Goldman Sachs $788.5M Commercial Mortgage Bond Announced
Wall Street Journal
A majority of the properties are in New York, Minnesota, Michigan, Virginia and California. The deal book is expected to launch and price next week. ...

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Mortgage Brokers Get Criminal Background Checks
Reverse Mortgage Daily
Bloomberg is reporting that California mortgage brokers are facing closer scrutiny as the state adopts a federal law aimed at curbing the fraud and abuse ...

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