Friday | via RecordNET
In the past year, Salvation Army Capt. Timothy Rockey has watched a new crowd of people coming into his Wilson Way thrift store. Comment?
First 'miserable,' now bad for business
Thursday Dec 17 | via RecordNET
Stockton has once again finished on the wrong end in a national survey. The Stockton area - still trying to recover from the nationwide foreclosure crisis - has joined two other San Joaquin Valley communities near the bottom of an annual list of the top 101 cities best for business. Comment?
Foreclosure notices decline in S.J.
Wednesday Dec 16 | via RecordNET
The number of daily foreclosure cancellations in San Joaquin County increased by 65 percent in November, a sign that home loan modification programs are having a big impact on the region's struggling homeowners. Comment?
Bay Biz Buzz: New-home sales jump in parts of Bay Ar...
Thursday Dec 10 | via Contra Costa Times
New-home sales soared in the East Bay, South Bay, the Peninsula-San Francisco area, and Solano County - but they plunged in San Joaquin County, Sonoma County and Napa County, the California Building Industry Association reported. Comment?
Strategic Defaults: Walking away from a mortgage
Sunday Dec 13 | via Modesto Bee
Most of the 17,500 Stanislaus County homeowners whose houses have been foreclosed upon since 2006 didn't have a choice. Comment?
Top News: Two Years of House Price Depreciation Halted
3 hrs ago | via Qualified Remodeler
The uptick was led by a 2.1 percent increase in California , according to a quarterly housing valuation analysis by IHS Global Insight. Comment?
Whata s selling? Check out our Bakersfield home map
5 hrs ago | via Bakersfield.com
Felix Adamo/ The Californian This home located at 2201 Thelma Drive sold for $177,500 on Oct. Comment?
FDIC shutters two big California banks, five others
10 hrs ago | via InvestmentNews
Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults. Comment?
First Federal acquisition bulks up OneWest Bank
Yesterday | via The Daily Breeze
OneWest Bank FSB just got a lot bigger. The Pasadena-based bank that scooped up failed mortgage lender IndyMac Bank earlier this year announced Friday it has completed its acquisition of the banking operations of First Federal Bank of California from the Federal Deposit Insurance Corp. Comment?
Latest News : First Federal Bank of California and I...
Yesterday | via Tehran Times
Two more loss-battered Southern California banks were shut down by regulators Friday and immediately sold to two of the largest financial institutions based in the region. Comment?
As More Landlords Stagger Under Debts, Thousands of ...
2 min ago | via New York Magazine
Stuy Town: the tip of the iceberg? The impending financial disaster at Stuyvesant Town has gotten plenty of ink - including our new behind-the-scenes breakdown - but it may only be the beginning of a nightmare for tenants citywide. Comment?
Homeowners with modified loans falling into trouble
3 min ago | via Monroe News Star
Homeowners who get a substantial cut in their monthly mortgage payments still stand a good chance of falling behind again, a report by two federal regulators says. Comment?
State program helps thousands avoid foreclosure
3 min ago | via WRAL.com - Local News
A program launched a year ago has helped more than 2,500 North Carolina homeowners avoid foreclosure, officials said Monday. Comment?
Mortgage owner at risk of default
4 min ago | via The Age
THE listed mortgage owner RHG risks being in default on $2.5 billion in financing for its mortgages - or about a third of its business - after it lost a NSW Supreme Court case last week. Comment?
Centro extends loans again to stay afloat
6 min ago | via The Age
TWO years and two days after its spectacular implosion sent the Australian property market into a meltdown, Centro Properties and its satellite Centro Retail have negotiated another round of loan extensions worth $370 million. Comment?