Underwater

(credit: Justin Sullivan/Getty Images)

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.

07/06/2012

(Getty Images)

Landlord Underwater? What To Do If You’re Renting A Foreclosed Home

What happens when you’re renting a house and the owner goes into foreclosure?

CBS2 / KCAL9–11/03/2011

(credit: istockphoto.com)

SoCal Democrats Call On Obama To Refinance All ‘Underwater’ Mortgages

A group of Democratic lawmakers from the Southland are pushing for the U.S. to refinance all mortgages currently owned by the federal government.

10/17/2011

(credit: Justin Sullivan/Getty Images)

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.

KNX 1070 NEWSRADIO–07/07/2011

for sale home

Realtors Say Banks Are Slow To Consider Short Sales

Real 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.

03/08/2011

(credit: AP Photo/Damian Dovarganes)

New State Program To Help Troubled Homeowners

Four 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.

CBS2 / KCAL9–02/11/2011

(Getty Images)

Sinking Home Values Leave Half Of Riverside Homeowners Underwater

A steep decline in home values across California and the U.S. are leaving more Americans underwater in their mortgages in 2011.

CBS Los Angeles–02/09/2011

(credit: Nicholas Kamm/AFP/Getty Images)

774K Homeowners Drop Out Of Obama’s Mortgage-Aid Program

More 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.

12/22/2010

(credit: Chris Hames/CBS)

Body Of Missing Scuba Diver Found Near Underwater Cave

The body of a scuba diver who vanished over the weekend in Santa Barbara County has been found near an underwater cave.

12/06/2010

for sale home

Thousands Line Up For Free Mortgage Help

Thousands of people who want to avoid losing their homes are lining up in downtown Los Angeles for free mortgage help.

10/01/2010

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