Realtors, Banks Warn Plan To Seize Distressed Homes May BackfireA 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.
Landlord Underwater? What To Do If You're Renting A Foreclosed HomeWhat happens when you're renting a house and the owner goes into foreclosure?
SoCal Democrats Call On Obama To Refinance All 'Underwater' MortgagesA group of Democratic lawmakers from the Southland are pushing for the U.S. to refinance all mortgages currently owned by the federal government.
Family Sues Bank For Alleged Loan Modification Snub The Velasco family said despite making an agreement to save their home — which they've owned for over 12 years — the bank plans to auction off the property.
Realtors Say Banks Are Slow To Consider Short SalesReal estate agents in California are accusing banks of dragging their feet on so-called short sale transactions, where lenders allow homes to be sold for less than what is owed on them.
New State Program To Help Troubled HomeownersFour new state programs are committed to helping homeowners with hardships. The first one kicked off this month and is intended to help out-of-work homeowners.
Sinking Home Values Leave Half Of Riverside Homeowners UnderwaterA steep decline in home values across California and the U.S. are leaving more Americans underwater in their mortgages in 2011.
774K Homeowners Drop Out Of Obama's Mortgage-Aid ProgramMore troubled homeowners are dropping out of the Obama administration's main foreclosure-relief program, which has been widely criticized for failing to help more people keep their homes.
Body Of Missing Scuba Diver Found Near Underwater CaveThe body of a scuba diver who vanished over the weekend in Santa Barbara County has been found near an underwater cave.
Thousands Line Up For Free Mortgage HelpThousands of people who want to avoid losing their homes are lining up in downtown Los Angeles for free mortgage help.