The lack of mandatory earthquake insurance in California would result in high levels of mortgage defaults that would further cripple the United States housing market if a major earthquake occurred,...
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Report: November’s Existing-Home Sales Decline in Economic Uncertainty
...softening in sales, NAR reports a solid trend of rising activity in some of the areas hardest hit by the mortgage downturn, including the California, Nevada, Arizona, and Florida markets....
Read More »Home Price Decline Slowed In October
...moderating pace throughout 2009, particularly given the surge in FHA lending which typically has a lower than average sales price," he said. California is home to 9 of the 10...
Read More »FAS Rolls Out New Reconciliation Process for Valuations
Newport Beach, California-based ""Financial Asset Services"":http://www.fasinc.com (FAS), a national company specializing in asset management, property disposition, and valuation services to mortgage companies and financial institutions, recently announced the launch of...
Read More »National Loan Auditors Creates Legal Resource for Foreclosures
Walnut Creek, California-based ""National Loan Auditors"":http://www.nlaudit.com (NLA) now offers an online resource portal for clients to gain up-to-date information on statues and case law pertaining to lending and foreclosure. In...
Read More »More Homeowners Turning to Short Sales to Avoid Foreclosure
...hit an all-time high in Arizona, Nevada, California and Florida. The trend toward distressed property sales is evident across the nation - 11.7 million homeowners who bought at the top...
Read More »Fidelity National Receives Approval to Purchase LandAmerica Subsidiaries
...Co., for approximately $16 million. That transaction must still be approved by California regulators, but is expected to close in the first quarter of 2009. The acquisitions will make Fidelity...
Read More »ForeclosureS.com: Housing Markets Will Roar Back in 2009
...to the _2009 Outlook_ from California-based ""ForeclosureS.com"":http://www.ForeclosureS.com. ""Recovery is underway. Affordable is back in the housing market,"" said Alexis McGee, president of ForeclosureS.com. ""In 2009, housing will not only recover,...
Read More »USFN Participates in Holiday for Heroes to Honor U.S. Marines
""USFN"":http://www.usfn.org, America’s Mortgage Banking Attorneys, was among several companies in Southern California that participated in Holiday for Heroes, a special event to salute United States Marines and their families stationed...
Read More »California Realtors Release '08-'09 Housing Market Report
Rising home sales, declining home prices, stricter loan underwriting standards, and the financial market meltdown all contributed to a turbulent year in California’s housing market, according to the ""California Association...
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