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Top 7 Foreclosure Stories of Past Year
Jun 19, 2008 | via Realty Trac
The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...
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Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage
Local Headlines
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Candidates' silence speaks volumes
14 hrs ago | via San Bernardino County Sun
You're running for the highest office in the land, the economy is in the toilet and your plan to save it is ... what? The silence from John McCain and Barack Obama on the economy is as disturbing as it is ...
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Related Topix: US Politics, John McCain, US News, Barack Obama, Home, Mortgage, Foreclosures, Opinion
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Increase in home mortgage defaults slows
Yesterday | via The Press-Enterprise
Home mortgage defaults in California increased less dramatically in the second quarter of 2008 than in the first quarter and Riverside County even saw a quarter-to-quarter leveling off in default notices, the ...
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Related Topix: Riverside County, CA, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, San Bernardino County, CA
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Two more arrests in San Bernadino fraud case
Yesterday | via Mortgage Fraud News
In the following press release The San Bernardino County District Attorney's Office announced it has filed charges against Gregory Craig Sandoval , 25, and Souha Nabil Traboulsi , 40, both of Los Angeles , for ...
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Related Topix: San Bernardino County, CA, Mortgage, Home, Valley Village, CA
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: Foreclosures triple in SB County
Yesterday | via San Bernardino County Sun
A report released today said home foreclosures soared in the second quarter of this year, tripling in San Bernardino County and more than doubling in Riverside County when compared to the same period in 2007.
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Related Topix: Foreclosures, San Bernardino County, CA, Riverside County, CA, Mortgage, Home
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4 arrested in raids on suspected Southland pot operations
Tuesday | via Los Angeles Times
In Southern California's tough real estate market, federal authorities allege that one Asian crime group thought that it had found a way to make suburban tract homes profitable: clandestine indoor marijuana ...
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Related Topix: Real Estate, Drug Enforcement Administration
Regional Headlines
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Report: Grand jury investigating subprime lenders
1 hr ago | via The Record
A federal grand jury reportedly is investigating the nation's largest subprime mortgage lenders, Countrywide Financial Corp., New Century Financial Corp.
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Related Topix: Financial Services, Countrywide Financial, Home, Mortgage, California
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Don't Let Them Slash Your Credit-Card Limits
3 hrs ago | via WTVF Nashville
As big banks such as Wachovia, Citigroup and Bank of America continue to post multimillion-dollar writedowns to cover mortgage loan losses and other bad investments, credit-card holders are increasingly getting ...
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Related Topix: Mortgage, Personal Finance, Home, Mortgage, California
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Resets begin peaking on subprime loans
4 hrs ago | via Ledger Dispatch
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders and others to keep those people out of foreclosure and ...
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Related Topix: California, Home, Mortgage, Mortgage, Personal Finance
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Subprime Today: National City posts record loss
8 hrs ago | via MarketWatch
Each morning, Subprime Today provides a summary of MarketWatch's financial coverage as well as stories from other news outlets, providing links to those original articles.
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Related Topix: National City Corporation, Banking, Financial Services, MarketWatch, Startups, Home, Mortgage, Mortgage, Personal Finance, California
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10 hrs ago | via San Bernardino County Sun
Help may be on the way for homeowners, banks and communities hit hard by the mortgage crisis after the House of Representatives approved a relief package on Wednesday.
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Related Topix: Claremont Graduate University, Claremont Consortium of Colleges, California, Home, Mortgage, Mortgage, Personal Finance
National Headlines
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4 min ago | via Business Standard
Oil prices have dipped a good 15 per cent in the last few days, and suddenly the forecasts on oil prices talk of a dip, not a further rise in prices.
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Related Topix: Mortgage, Personal Finance, Home, Mortgage, Opinion
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Housing, jobs send stocks skidding
4 min ago | via SI.com
Renewed fears about the battered housing market and rising unemployment sent stocks into a tailspin Thursday.
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Related Topix: Mortgage, Mortgage, Personal Finance, Housing
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On the Market: Chad Rogers's Beverly Hills Listing
5 min ago | via CurbedLA
Last week, everyone met Chad Rogers , one of the real estate agents behind the forthcoming "Million Dollar Listings," Bravo's new television show about three "hot" Los Angeles real estate agents.
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Related Topix: Beverly Hills, CA, Real Estate, Los Angeles, CA, Million Dollar Listing, Reality TV, Entertainment, Television
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PricewaterhouseCoopers: Credit and mortgage crisis cause companies to delay public offerings
5 min ago | via International Herald Tribune
NEW YORK : PricewaterhouseCoopers on Thursday reported that the number of initial public offerings for the first half of the year has fallen to a four-year low because of turbulent market conditions.
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Related Topix: Mortgage, Financial Services, Accounting, Mortgage, Personal Finance, Visa Inc., Financial Markets
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Credit Suisse profit plunges 62%, less than analysts said
7 min ago | via The Taipei Times
Credit Suisse has been able to cut risky positions a bit faster than probably the average in the sector.
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Related Topix: Insurance, Credit Suisse Group, Home, Mortgage, Banking, Financial Services, Ubs Ag
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