From msnbc.com: One Baltimore homeowner has found a way to make her message resonate across the nation, and also get her into the office of Maryland Gov. Martin O'Malley. Unlike many homeowners who are facing foreclosure, Lauren Rymer has been steadily employed...
This should demonstrate the depth of the $700,000-buyer pool for Southeast Carlsbad - of the 24 houses sold this year in La Costa Oaks, only one has closed under $700,000 (Adam's, which was even closer to El Camino Real). At one spot in the kitchen I got so excited I...
From the sacbee.com: The same industry whose lax lending standards led to the economic downturn is now being blamed by local officials for letting neighborhoods rot. Those on the front lines of the battle for Sacramento neighborhoods say many banks and other lenders...
Hat tip to Kwaping for sending this along, from the U-T: OCEANSIDE — Crews are working to clean up a huge cache of hazardous waste discovered Thursday stored behind a home near Camp Pendleton. Firefighters found four storage buildings, numerous containers and an...
Another reason Carmel Valley has been so hot is because of the competition nearby. Fairbanks Ranch is the neighbor to the north of Carmel Valley's 92130 zip code, before you get to Rancho Santa Fe. While CV has newer tract houses on smaller lots, in Fairbanks Ranch...
The big four banks have $234.1 billion in foreclosure or delinquent. From HW: JPMorgan Chase, Wells Fargo Bank and Bank of America each reported more than $20 billion in single-family mortgages currently foreclosed or in the process of foreclosure as of midyear,...
The foreclosure activity has been throttled around the coastal areas this year. There are only 27 La Jolla SFRs on the auction list, and the few that get foreclosed every month (26 this year) are fairly unremarkable. Here are the latest from the Jewel:
From Sean at www.foreclosureradar.com: Five major lenders made announcements last week that they would be suspending certain foreclosure activities in various states. These lenders included Ally (GMAC), JPMorgan Chase, Bank of America, Litton and PNC. While this...
Pat, John, and several other readers have wondered about the recent news regarding the banks and servicers who are suspending foreclosures across the country. It's a paperwork-signing problem. The servicers are probably working this weekend to identify the...
The Bank of America conducted a seminar yesterday for its designated REO agents in San Diego. No new game-changers, but plenty of confirmation of what we've been experiencing - short sales and loan mods have dominated the space in 2010:
