Moraga Real Estate News
Real Estate news for Moraga, CA continually updated from thousands of sources.
Monday Sep 15 | via Sacramento Bee Newspaper
A Contra Costa County man accused of defrauding homeowners in California and elsewhere has been convicted in federal court in Sacramento for his role in a multimillion-dollar foreclosure rescue scheme. After a one-day bench trial, U.S. District Judge Troy L. Nunley on Monday found 46-year-old Alan Tikal of Brentwood guilty of 11 counts of mail fraud and one count of money laundering, according to a U.S. Attorney's Office news release. Comment?
Thursday Sep 11 | via SiliconValley.com
The Bay Area's housing market is cooling off after a red-hot spring and summer, according to an August sales report released Thursday by real estate information company CoreLogic DataQuick. Steady price increases have made the region one of the hottest markets in the nation, but sales have been constrained by a lack of inventory. Comment?
Friday Sep 5 | via Pleasanton Weekly
Luxury home sales in the East Bay continued to climb in July with sales jumping 29% from a year ago. The figures are based on Multiple Listing Service data of all homes sold for more than $1 million last month in Alameda and Contra Costa counties. Comment?
Thursday Sep 4 | via Courthouse News Service
MARTINEZ, Calif. - US Bank defrauded homebuyers by offering to modify their high-interest loans, then dragging it out to keep collecting the high interest, sometimes causing them to lose their homes to foreclosure, a class action claims in Contra Costa County Court. Comment?
Wednesday Sep 3 | via ClayCord.com
Column: East Bay Real Estate with Nancy Bennett - Can You Really Buy a Home in Claycord with Less Than 20% Down? Yes, you can - you can even put as little as 3.5% down with an FHA loan. Comment?
5 hrs ago | via Jewish World Review
Eight years after one of the most severe housing market downturns in history, the slow recovery has finally stanched the bleeding of existing home values. In the past year have experienced the largest increases, ranging from 11.4% to 20.5%, in existing single-family home prices among cities with population of more than 250,000 for the year ending . Comment?
Yesterday | via Post and Courier
Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound while drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong growth as the housing market improves, particularly in once-hard-hit Sun Belt areas including Phoenix, Miami and San Diego, and aging Americans find value in growing old in their homes. Comment?
Friday | via Business Journal
Comstock, which has 16 offices and 180 employees, originated $600 million in mortgages in 2013. For the past several years, Comstock has been acquiring other mortgage companies. Comment?
Thursday Sep 18 | via LA Daily News
Southern California has been called the Silicon Valley of toxic lending since many of the mortgage companies that originated problematic mortgages were headquartered here. Now the successor of one of the biggest culprits of the financial crisis that devastated California communities is poised to take part in a $70 billion bank merger. Comment?
Monday Sep 15 | via Daily Chronicle
Myles Griffin, 74, poses for a photograph Sept. 11 in front of his home in Philadelphia. Comment?
8 min ago | via Examiner.com
Investment property has been used by people for years to diversify their investment portfolio. Deciding if this is a good investment for you, however, can be a tough decision. Comment?
9 min ago | via The Fresno Bee
Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a four-month streak of gains. Comment?
1 hr ago | via Reuters
U.S. stocks were trading lower heading towards midday on Monday after China's finance minister indicated the country will not increase stimulus measures and U.S. housing data fell short of expectations. Recent data in China has been weak, leading many analysts to lower their growth forecasts and hope for more aggressive accommodations from the government. Comment?
10 min ago | via Business Journal
A Scottish-based financial services technology startup that just set up a St. Louis office is in line to add jobs to its local operation thanks to its involvement in the White House's National Strategy for Trusted Identities in Cyberspace pilot program. The contract overall is worth $1.47 million. Comment?
13 min ago | via News10.net
For the past eight years, the mother of three children has lived for free in a three-bedroom Eastside house that has belonged to no one - at least no one who's claimed it. Indianapolis woman lived rent free for years without really trying For the past eight years, the mother of three children has lived for free in a three-bedroom Eastside house that has belonged to no one - at least no one who's claimed it. Comment?
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