mortgage default home sales market

California Foreclosure Starts Rise This Year

A research firm says California home foreclosure starts increased from January through March after plunging to an eight-year low in the previous quarter.


(credit: Justin Sullivan/Getty Images)

Lawsuit Says California Mortgage Money Mishandled

Three community assistance organizations sued Gov. Jerry Brown and other state officials on Friday, alleging the state improperly diverted nearly $370 million that was intended to help homeowners struggling with foreclosures.

CBS2 / KCAL9–03/14/2014

(credit: CBS)

LA Sues Wells Fargo, Citigroup Over Foreclosures In Minority Communities

The Los Angeles city attorney sued Wells Fargo and Citigroup on Thursday, alleging the companies engaged in mortgage discrimination that led to a wave of foreclosures in minority communities during the housing crash.

CBS2 / KCAL9–12/05/2013

default mortgage loans home

California Foreclosure Victims To Get Checks Worth Nearly $1,500

More than 200,000 Californians will each receive checks worth nearly $1,500 this month as part of the national mortgage settlement, the state attorney general’s office said Tuesday.


(credit: Financial Planning Association)

Local Event Offers Free Financial Planning Advice

If planning your financial future has got you worried, the Los Angeles Chapter of the Financial Planning Association has got just the event for you.

CBS2 / KCAL9–10/13/2012

(credit: George Rose/Getty Images)

Southern California Home Prices Hit 4-Year High

Southern California home prices hit a four-year high in August as buyers snapped up more expensive properties along the coast and sales of foreclosed properties kept drying up, a research firm reported Thursday.


(credit: CBS)

‘Occupy LA’ Calls For Bank Moratorium On ‘All Foreclosures’, Will Meet With Wells Fargo Officials

Protesters gathered to call for banks to temporarily halt all foreclosure proceedings nationwide.

CBS2 / KCAL9–02/03/2012

(credit: Justin Sullivan/Getty Images)

‘Somebody Lives There!’: ‘Occupy’ Protesters Booted From LA Foreclosure Auction

An auction was briefly interrupted Friday by a group of protesters affiliated with a nationwide anti-Wall Street campaign.

KNX 1070 NEWSRADIO–01/13/2012

for sale home

City Extends Protections For Renters Facing Foreclosure-Related Evictions

A unanimous Los Angeles City Council voted Tuesday to extend for a year protections afforded renters facing evictions because of foreclosures.

CBS2 / KCAL9–12/06/2011

(credit: CBS)

Economists: Construction Spending To Fuel California Recovery

A new economic survey predicts construction spending in California is on the rebound.

KNX 1070 NEWSRADIO–07/20/2011

default mortgage loans home

California Default Notices Drop To Lowest Level In 4 Years

Mortgage default notices in California have dropped in the second quarter of 2011 to their lowest level in four years.

KNX 1070 NEWSRADIO–07/19/2011

(credit: ballyscanlon/Getty Images)

West Nile Virus Linked To Foreclosures In San Gabriel Valley

One official said the economy is making the spread of the disease worse due to an abundance of dirty swimming pools in abandoned homes.

KNX 1070 NEWSRADIO–05/12/2011

mortgage lending home sales

Southern California Home Prices Dip 2 Percent

Southern California’s median home price dipped nearly two percent last month to $280,500 from March 2010.


(credit: AP/FILE)

Should Banks Pay $20K Per Foreclosure? Assemblyman Says ‘Yes’

Assemblyman Bob Blumenfeld says the money collected from banks would go to school districts, police and fire departments, and small business loans.


(credit: Joe Raedle/Getty Images)

Bailout Banks Shun Efforts To Stem Foreclosures

The plan is aimed at helping thousands of borrowers who owe more than their properties are worth, but without cooperation from the banks, the program will likely have limited benefits.