Lenders

(credit: CBS)

New California Law Will Stop ‘Abusive’ Home Lending

California has a new law to stop what Gov. Jerry Brown calls abusive home lending tactics.

07/11/2012

(credit: Kevork Djansezian/Getty Images)

RealtyTrac: Bank Backlog, Not Recovery, Behind Drop In Foreclosures

The number of delinquent mortgages fell in May to the lowest level since 2006, the result of a slowing housing market and delays in banks’ foreclosure process.

KNX 1070 NEWSRADIO–06/16/2011

mortgage default home sales market

Calif. Jobless Rate Likely To Spur More Foreclosures

As long as unemployment stays high in California, more people will likely be forced out of their homes by foreclosure, a state panel warned on Monday.

KNX 1070 NEWSRADIO–01/31/2011

Wells Fargo To Modify 15,000 Adjustable-Rate Loans

California Attorney General Jerry Brown says Wells Fargo Bank N.A. has agreed to modify adjustable-rate loans made to nearly 15,000 Californians by lenders that it acquired.

12/20/2010

mortgage default home sales market

SoCal Foreclosures, Defaults Dip in 3Q

The recent data suggests foreclosures may be leveling off, but one analyst notes that may have more to with how lenders are opting to proceed when it comes to defaults.

10/26/2010

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