Brea, California-based ""Fremont General Corp."":http://www.fremontgeneral.com (FGC), which issues subprime mortgages through its subsidiary Fremont Investment & Loan, announced the completion of the sale of its remaining mortgage servicing rights to...
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PMI Takes to the Net to Help Distressed Borrowers
Walnut Creek, California-based ""PMI Mortgage Insurance Co."":http://www.pmigroup.com, a subsidiary of The PMI Group, Inc., said Wednesday that the company hopes to help consumers through the launch of a new Web...
Read More »First American CoreLogic Releases LoanPerformance Index
...670 counties, 50 states and the District of Columbia. The State of California continues to have the most statistical areas with significant price declines. In fact, First American CoreLogic says...
Read More »California Assembly Passes Subprime Reform Bill
...California State Assembly this week. The Subprime Lending Reform Act of 2008 (AB 1830) is sponsored by Assemblymember Ted Lieu (D-Torrance) and includes provisions that would abolish certain bonuses that...
Read More »California Assembly Passes Financial Literacy Bill
A bill proposing the creation of a financial clearinghouse that will provide California citizens with critical information about credit scores, interest rates, responsible borrowing and overall financial literacy has passed...
Read More »ValuFinders Promotes Flexibility of Appraisal CONCIERGE
Culver City, California-based ""ValuFinders, Inc."":http://www.valufinders.com, is promoting the flexibility of its Web-based Appraisal CONCIERGE appraisal ordering system in light of recent discussions about the ""Office of Federal Housing Enterprise Oversight"":http://www.ofheo.gov...
Read More »OFHEO: Home Prices Decline in 1st Quarter
...rates."" %{=text-decoration: underline;}More Significant Data from OFHEO's HPI Index:% 43 states experienced price declines eight states had declines greater than 3-percent California and Nevada had price declines above 8-percent prices...
Read More »Impac Mortgage Reports Net Loss
Irvine, California-based ""Impac Mortgage Holdings, Inc."":http://www.impaccompanies.com, a real estate investment trust (REIT), announced this week that the company lost $2.0 billion, or $27.10 per diluted common share in 2007, a...
Read More »RealtyTrac Partners with Point2 Technologies
Irvine, California-based ""RealtyTrac"":http://www.realtytrac.com, an online foreclosure marketplace, announced Thursday that is has entered into a strategic partnership with ""Point2 Technologies, Inc"":http://technologies.point2.com.—a company that provides real estate professionals with Web site...
Read More »REOTrans Handles Thousands of Transactions Online
Having the ability to sell REO properties in a safe, online environment is no longer an aspiration for California-based ""REOTrans, LLC."":https://www.reotrans.com/index.cfmx, but an existent reality that has produced many positive...
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