A 93-year-old woman is facing foreclosure after taking a second mortgage out on her West Hollywood home.
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.
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.
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 Carmen Trutanich has filed a lawsuit against on the nation’s biggest banks over alleged illegal eviction and maintenance practices.
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.
State Senator Tom Harman fears the landmark bill will adversely affect the housing market and allow lawyers to collect huge fees.
There is a temporary reprieve for a family of eight, including a child with cancer, who were evicted from their home in Orange on Thursday.
An Orange County family was kicked out of their home despite paying the rent on time, and, now, eight people, including a child with cancer, are homeless.
A Riverside County jury has convicted a husband and wife of vandalizing their French Valley home after it slid into foreclosure, causing $100,000 in damage.
A woman is packing up her home after being served an eviction notice — a situation that drove her husband to commit suicide.
“Octomom” Nadya Suleman could soon be forced to move out of her La Habra home. Suleman’s bankruptcy case was tossed out of court after she reportedly failed fill out all of the necessary paperwork.
Southern California home prices increased in April as the supply of properties for sale — especially low-cost homes in foreclosure — remained tight, a research firm said Wednesday.
There may be more relief on the way for struggling homeowners in Southern California.
Two women were charged Wednesday in connection with a massive real estate scheme in Orange County and one of those women had previously been featured in a CBS2 News investigation.