At least there will be rules - from the utsandiego.com: A set of proposed laws that aim to protect California homeowners from foreclosure abuses is working its way through the Legislature. Two key pieces of legislation in that package, widely called the "Homeowner...
From the wsj.com: For at least the last six months or so, a lot of people were talking about a “new wave” of foreclosures threatening to smother the U.S. housing market in gloom once again. The reasoning was that because of the “robo-signing” scandal, and the...
CoreLogic, a leading provider of information, analytics and business services, today released its National Foreclosure Report for January, which provides monthly data on completed foreclosures, foreclosure inventory and 90+ delinquency rates. There were 69,000...
CR noted here this morning that national foreclosure filings are increasing, making it 6.08 million loans delinquent or in foreclosure in January. Sure enough, the San Diego County foreclosure filings are on the rise too: You can't blame the HARP 2.0 refinance...
The mainstream media loves pushing bad news, and the 1%-ers are the latest trendy target. Marin County has approximately 81,186 single-family homes, according to the latest census. The guy in this video makes it sound like the sky is falling, but didn't include the...
Hat tip to Bob for sending this in from American Banker: ORLANDO, Fla. — Banks unloading real-estate-owned properties face some tough choices, such as whether to auction off homes or sell them to investors, and whether to fix them up first. But whatever they decide,...
A good primer on trustee sales by Sean O'Toole, founder and CEO of foreclosureradar.com. He shows trustee sales at the SD Court House, but they have since moved to the Scottish Rite.
Are the local foreclosure filings starting to rise? The San Diego County foreclosure activity is meandering along with some recent pick-up - at least it's not going down! Whether it's by short sales or foreclosures, please end the free-rent program!
From yesterday's latimes.com: Foreclosure activity in the U.S. in January declined 19% from a year earlier, according to a report by RealtyTrac of Irvine. Despite the drop in foreclosure filings — from the default notice that begins the foreclosure process to the...
The warehouse-type older tract homes in SE Carlsbad are sitting patiently, hoping that the spring selling season might bring some love their way. The list would be longer if those who failed to sell last year would have trudged on, instead of renting:
