San Fernando Real Estate News
Real Estate news for San Fernando, CA continually updated from thousands of sources.
4 hrs ago | via Hispanic Business
CHW's successful negotiation with HUD to renew a 20-year contract for 81 project-based Section 8 units ensures that the property can serve vulnerable families, individuals living on fixed and minimum wage incomes, or existing homeless. CHW has a successful history as a real estate developer in urban, suburban and rural communities with a portfolio of over comprised of 31 rental communities with nearly 1,800 apartments. Comment?
Yesterday | via Courthouse News Service
Pension plans will not make it to the Supreme Court after all to intervene in a challenge against IndyMac, the justices said Monday. U.S. District Judge Lewis Kaplan, the original jurist to dismiss their claims for lack of standing, had defined such certificates "a type of mortgage-backed security that entitles its owner to a portion of the revenue stream generated by an underlying pool of residential mortgage loans." Comment?
Sunday | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. Comment?
Tuesday Sep 23 | via CBS Local
A couple who operated four foster homes for Los Angeles County pleaded not guilty Tuesday to charges of embezzling more than $460,000. CSJ Kidogo, executive director of Little People's World, and his wife, Hitaji Kidogo, LPW's assistant executive director, have been charged with 11 counts each of misappropriation of public funds and embezzlement by a public or private officer. Comment?
Monday Sep 22 | via MSN Money
"What is making me 'restless' is that I 'should' be able to live on my own. I hate the idea of the very real possibility that I may be 30 and still living with a roommate because I cannot afford to rent by myself." Comment?
18 hrs ago | via GlobeNewswire
CARETS, a service that tracks real estate activity in the Multiple Listing Service for Southern California, reports that in August 2014, an average sold home in Pasadena closed escrow at $1,099,000 at $506 per square foot. On average, single family houses sold at 100% of asking price. Comment?
20 hrs ago | via National Mortgage News
Your Staff Should Look Like Your Customer Base: Capital One's Grace Huebscher Given the customer base in the banking industry, success depends on embracing diversity, says Grace Huebscher, who heads multifamily finance for Capital One. Edward J. DeMarco, who worked to shrink Fannie Mae and Freddie Mac as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets. Comment?
Yesterday | via CBS Atlanta
A key witness whose stormy remarks temporarily halted the trial of a Detroit police officer returned for more testimony Tuesday, speaking slowly and softly about a chaotic raid that killed her 7-year-old... A key witness whose stormy remarks temporarily halted the trial of a Detroit police officer returned for more testimony Tuesday, speaking slowly and softly about a chaotic raid that killed her 7-year-old granddaughter... Ernest Satterwhite was a laid-back former mechanic with some habits, including ignoring police officers who tried to pull him over. Ernest Satterwhite was a laid-back former mechanic with a habit of ignoring police officers who tried to pull him over - an act of defiance that ultimately got him killed. Comment?
Yesterday | via KPIC
U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale. The Standard & Poor's/Case-Shiller 20-city home price index rose 6.7 percent in July from 12 months earlier. Comment?
Yesterday | via KATV Little Rock
Police discovered the body of a missing Arkansas real estate agent in a shallow grave at a concrete company early Tuesday, and a man arrested in connection with her kidnapping is expected to be charged in the... A man accused of abducting and killing a real estate agent in rural Arkansas pleaded not guilty Tuesday to preliminary charges of kidnapping and capital murder, hours after the woman's body was discovered in a shallow... California would become the first state to allow family members to petition judges to take away relatives' guns if they are deemed to be dangerous under a bill facing a Tuesday deadline for action by the governor. Comment?
4 min ago | via The Peninsula
NEW YORK: JPMorgan Chase will face a US class-action lawsuit over the sale of $10 billion worth of allegedly falsely valued mortgage bonds before the financial crisis, a judge has ruled. Late Tuesday New York federal district judge Paul Oetken dismissed the bank's objections to the suit, first filed in 2009, opening the way for pension funds and others to claim losses on the mortgage-backed securities they bought from the it before the crisis. Comment?
1 hr ago | via US News & World Report
The selfie generation probably won't be responsible for the housing market's failure to relaunch, but they're not yet providing the big lift many economists had hoped for following the housing collapse. Two separate housing reports this week offer a few glimmers of hope about millennials, or young adults born after 1980. Comment?
Aug 28, 2014 | via Examiner.com
Supposedly, the great recession is over, and according to the stock market, earnings are up. Real Estate is on the rise, too. Comment?
6 min ago | via Examiner.com
A neighborhood in East New York , Brooklyn that was supposed to be site of New York City Mayor Bill de Blasio's 200,000-unit low-cost housing plan, has seen a tremendous hike in land prices from $32 per square foot to $93, several reports said. Citing data from The Wall Street Journal, Gothamist.com reported that apartments in the area are now priced at $155 per square foot from $143 in 2013. Comment?
7 min ago | via Independent.ie
The Financial Services Ombudsman has been told by the High Court to look again at Danske Bank's decision to hike its variable interest mortgage rates to more than 4 per cent when European Central Bank rates had plunged to almost zero. The Ombudsman had thrown out a complaint by a North County Dublin couple that the bank had acted wrongly in increasing interest rates on six buy-to-let investment mortgages and the couple's family home mortgage at a time when rates had fallen to historically low levels. Comment?
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