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California Home Equity Loan News

Wells Fargo to Help Inland Empire and Los Angeles Customers Facing Mortgage ... - MarketWatch (press release)


Wells Fargo to Help Inland Empire and Los Angeles Customers Facing Mortgage ...
MarketWatch (press release)
Options include Wells Fargo's own loan modification program and the federal government's Home Affordable Modification Program (HAMP). The Inland Empire and Los Angeles events will be the fifth and sixth workshops in the Southern California region since ...

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Two Defendants Indicted for Home Equity Loan Fraud - RealEstateRama (press release)


Two Defendants Indicted for Home Equity Loan Fraud
RealEstateRama (press release)
According to court records, Kim and Rashidov were responsible for taking out more than $236000 in home equity loans for a single property in West Sacramento. As part of the loan application process, Kim allegedly submitted false and fraudulent ...

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Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages - Bloomberg


Mortgage Rates & Trends (blog)

Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages
Bloomberg
$200000 Short Farley, whose home construction lending business dried up after the housing crash, said the New York-based bank agreed to let her sell her San Marcos, California, home for $592000 -- about $200000 less than what she owes.
Report: Banks paying big incentives to sellers in short salesPhiladelphia Inquirer (blog)
Some Lenders Paying Borrowers Thousands to Short Sell Their HomesMortgage Rates & Trends (blog)

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Foreclosure Deal Gets Closer - Wall Street Journal


Wall Street Journal

Foreclosure Deal Gets Closer
Wall Street Journal
Still, several sticking points remain, including whether California will sign on. California is the state with the most homeowners who owe more than their homes are worth and, as a result, stands to benefit more than any other state from the agreement.
US states near $25bn foreclosure settlementThe Guardian
Will I need to file bankruptcy after they foreclose on my home?JD Supra (press release)

all 778 news articles »

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Bay Equity Names Paul Chevez Director of Finance - MarketWatch (press release)


Bay Equity Names Paul Chevez Director of Finance
MarketWatch (press release)
SAN FRANCISCO, CA, Feb 06, 2012 (MARKETWIRE via COMTEX) -- Bay Equity Home Loans, one of the San Francisco area's most respected and successful mortgage lending institutions and recently ranked No. 5 on the San Francisco Business Times list of the "Top ...

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California Mortgage Rates at 4.23% - TheStreet.com


California Mortgage Rates at 4.23%
TheStreet.com
The current average rate for a HELOC in California is 6.77% ranging from 3.00% to 11.80%. When looking into home equity loans, we are using the lowest tier of loan (less than $25000) with a loan amount of up to 80% of the value of the home over a ...

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Foreign homebuyers keep markets hot - Fox Business


Foreign homebuyers keep markets hot
Fox Business
Other states popular with foreign homebuyers include California, Texas, Arizona, Illinois, Tennessee and New York. Judy Hamblen, a loan officer with First Equity Mortgage Bankers in Fort Lauderdale, Fla., says she has seen a noticeable increase in ...

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