Lakeside Real Estate News
Real Estate news for Lakeside, CA continually updated from thousands of sources.
Monday Feb 1 | via JD Supra
The California Supreme Court has published its much anticipated decision clarifying the scope of anti-deficiency protection under Code of Civil Procedure section 580b after short sales involving purchase money loans in Coker v. JPMorgan Chase Bank . Comment?
Wednesday Jan 27 | via The San Diego Union-Tribune
Real estate broker/property manager Roberta Murphy stands on the balcony of an upper floor, one-bedroom condo for sale in May at the La Costa Resort and Spa. Many of the units in the building have been short-term vacation rentals since the building was constructed in 1972. Comment?
Tuesday Jan 26 | via The San Diego Union-Tribune
San Diego County home prices were up 0.7 percent in November, said the S&P/Case-Shiller Home Price Index. Pictured are homes in Chula Vista. Comment?
Saturday Jan 23 | via National Mortgage News
Distressed homeowners who, with their lender's approval, arrange a short sale of their property - for less than they owe - can't be sued for the balance of their debt, the state Supreme Court ruled Thursday. The unanimous decision protects borrowers who increasingly resorted to short sales as property values fell at the end of the last decade. Comment?
Thursday Jan 21 | via FindLaw
Aimee Feinberg; Stilwell & Associates and Andrew R. Stilwell for Plaintiff and Appellant. Elizabeth S. Letcher; Kent Qian; Arthur D. Levy; Hunter Landerholm; and Sarah Steinheimer for Housing and Economic Rights Advocates, National Housing Law Project, Neighborhood Legal Services of Los Angeles County, California Homeowner Bill of Rights Collaborative, Legal Services of Northern California and Public Counsel as Amicus Curiae on behalf of Plaintiff and Appellant. Comment?
Monday Feb 8 | via Pasadena Star-News
California is routinely ranked as one of the most expensive places to live in the nation, mostly due to our state's sky-high housing costs. In fact, the average price of a California home is roughly $440,000, more than double the national average of $179,000. Comment?
Jun 20, 2012 | via City Journal
Say this for the $92 billion budget that California's legislature sent to Governor Jerry Brown on Friday: at least it wasn't late. 'The deadline was met,' state senate leader Darrell Steinberg announced with little fanfare or much evident pride. Comment?
Oct 19, 2008 | via City Journal
Treasury secretary Hank Paulson has spent the past six months using the trillions of dollars in promises and loans that only the government is powerful enough to make to avert the immediate collapse of the insurance giant AIG and those two mortgage behemoths, Fannie Mae and Freddie Mac. Government officials had hoped that their actions would persuade the financial world's private lenders, trading partners, and customers to stop fleeing financial institutions in a Depression-style terror. Comment?
Friday Feb 5 | via Local TV Station KTVZ
The Oregon Department of Consumer and Business Services warned consumers Thursday not to seek loan modification services from Liberty One Mortgage, a California-based unlicensed and unregistered company that has engaged in mortgage fraud. The department, through its Division of Financial Regulation, has issued two orders requiring Liberty One Mortgage to stop all unlawful activity in Oregon and assessed $30,000 in civil penalties against the company. Comment?
Thursday Feb 4 | via Business Wire
A detailed list of rating actions follow... )--Fitch Ratings has affirmed 10 classes of UBS Commercial Trust 2012-C1 commercial mortgage pass-through certificates. A detailed list of rating actions follo... )--Westin Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. , today announced that the highly-anticipated Westin Nashville will o... )--Second row in list of dates for release dated February 2, 2016, should read: Ex-date: 02/11/2016 . Comment?
Monday Feb 8 | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Monday Feb 8 | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Monday Feb 8 | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
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