California Real Estate News
Real Estate news for California, MD continually updated from thousands of sources.
Sep 7, 2015 | via NBC Bay Area
Stickers of the Golden State with a line through it have popped up on signs advertising Oregon homes for sale. Other anti-Californian sentiments are being added to signs. Comment?
Aug 24, 2015 | via Credit.com
You're probably already aware that credit scores are a major factor when you're buying a home, because your credit score affects the interest rate you get on your mortgage. Considering how big home loans are, a few credit score points could translate into a slightly higher rate, which ultimately can add up to thousands of dollars in interest over the life of the loan. Comment?
Jun 3, 2015 | via San Bernardino County Sun
California is facing an affordable housing crisis. As property values continue to skyrocket across our state, it won't simply be apartment dwellers and fresh-out-of-college millennials feeling the squeeze. Comment?
Friday | via The Baltimore Sun
More than 1,000 Maryland borrowers who lost their homes to foreclosure after working with HSBC bank on loans are eligible for payments under the terms of a $470 million settlement reached with the British firm over abusive lending practices, Attorney General E. Brian Frosh said Friday. The agreement between HSBC North America Holdings Inc. and the U.S. Justice Department, other federal agencies and attorney generals in 49 states and the District of Columbia requires HSBC to pay $100 million, including $40.5 million to the federal government and $59.3 million to establish a national pool of money for direct payments to borrowers who lost their homes between 2008 and 2012. Comment?
Wednesday Feb 3 | via The Washington Post
Sign in or create an account so we can save this story to your Reading List. You'll be able to access the story from your Reading List on any computer, tablet or smartphone. Comment?
Friday Jan 22 | via FindLaw
"The nine most terrifying words in the English language are, 'I'm from the government and I'm here to help.' " Petitioner, Gail B. Litz, might have welcomed hearing those nine words spoken to her, but, according to her Third Amended Complaint, they were not forthcoming. Comment?
Jan 6, 2016 | via Wall Street Journal
A sign is posted in front of an apartment building in San Francisco, where rents in the area increased 7.6% year-over-year in the fourth quarter, compared with 11.8% in the third quarter, according to Axiometrics. Apartment rents increased faster last year than at any time since 2007, a boon for landlords but one that has stoked concerns about housing affordability for renters. Comment?
Dec 10, 2015 | via Overlawyered
Unintended consequences: "It was the second consecutive month that Maryland led the nation in [the rate of] foreclosure filings, RealtyTrac said." While filings nationwide were down 7 percent from a year earlier, those in Maryland were up 13 percent. Comment?
5 min ago | via Gazette Series
WITH the changes in the buy-to-let arena looming over the sector like an angry schoolteacher, it comes as no surprise that there has been something of a sudden surge in landlord activity. The number of mortgage approvals for buy-to-let properties were up to the substantial amount of 23,300 and, although this was down by six per cent when compared to October, it indicates a 35 per cent increase from the same time last year. Comment?
Friday | via Inside Bay Area
Elizabeth Maulick thought her 19-year-old son, Gregory, was up-to-date with all his shots -- including meningitis -- before he started at Santa Clara University in September. But like thousands of other SCU parents, Maulick was furious to discover this week that the regimen didn't include the shot for the strain of the potentially deadly infection that has so far infected three students at the university and forced thousands more to wait hours for emergency vaccines. Comment?
Tuesday Feb 2 | via Iol.co.za
Property transfer duty is a government tax levied to transfer the property from the seller's name into the buyer's name, and it generally constitutes the major portion of the costs involved. More directly related to housing, we believe that the Reserve Bank will continue to gradually raise interest rates. Comment?
23 min ago | via The Wave
The FTC has a list of other mortgage scams. Also, the FBI provides online resources for spotting and preventing mortgage fraud crimes. Comment?
25 min ago | via Daily Political
Acadian Asset Management cut its position in Ellington Residential Mortgage REIT by 13.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission . The institutional investor owned 250,597 shares of the real estate investment trust's stock after selling 39,299 shares during the period. Comment?
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