foreclosure
March Foreclosure Rates Lowest In 5 Years
The number of American homes reposed by lenders in March fell to the lowest level in more than five years, according to Los Angeles-based Realty Trac Inc.
Elderly Man Robbed, Beaten During Home Invasion
An elderly man was robbed and beaten in his San Bernardino home, according to authorities.
SoCal Foreclosure Rates Lowest In 6 Years
California has one of the highest foreclosure rates in the nation but overall filings in November reached a low not seen in six years, according to data published by Realty Trac.
City Of El Monte To Fix Up Foreclosed Homes For Low-Income Families
The city of El Monte plans to buy bank-owned homes, fix them up, and then sell them to low-income families in an effort to combat foreclosures in the area.
Calif. Home Prices Rise In September
California home prices rose in September to a four-year high as the supply of properties for sale remained tight, according to surveys released Monday.
11 Indicted In Loan Modification Scam
Eleven people have been indicted by a Los Angeles federal grand jury for a loan modification scam that preyed on more than 4,000 financially distressed homeowners.
Woman Tries To Sell Home, Finds Out Bank Mistakenly Foreclosed It
A Moreno Valley woman tried to sell her home, only to find out the bank mistakenly foreclosed it.
Owners Lose Possessions After Home Near Twentynine Palms Is Mistakenly Foreclosed
The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence.
93-Year-Old Woman Faces Foreclosure On West Hollywood Home
A 93-year-old woman is facing foreclosure after taking a second mortgage out on her West Hollywood home.
Opinion: Mitt Romney’s Bailout Double Standard
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
L.A. County Home Sales Jump Nearly 12 Percent In June
Home sales in Los Angeles County jumped nearly 12 percent in June compared to a year ago, while prices rose by more than 2 percent, according to real estate firm DataQuick.
US Bank Accused Of Being A Slumlord To South LA, San Fernando Valley Homes
The city of Los Angeles is suing US Bank, the fifth largest bank in the country, accusing it of being a slumlord for homes in South LA and the San Fernando Valley.
City Attorney Sues US Bank For Alleged Blight, Illegal Evictions
City Attorney Carmen Trutanich has filed a lawsuit against on the nation’s biggest banks over alleged illegal eviction and maintenance practices.
Realtors, Banks Warn Plan To Seize Distressed Homes May Backfire
A controversial plan to help struggling homeowners in the Inland Empire by invoking eminent domain in order to rescue distress properties was under fire on Friday.
Lawmaker: Homeowners’ ‘Bill Of Rights’ To Spur More Lender Lawsuits
State Senator Tom Harman fears the landmark bill will adversely affect the housing market and allow lawyers to collect huge fees.
