Oakdale Real Estate News
Real Estate news for Oakdale, CA continually updated from thousands of sources.
Jun 29, 2015 | via Housing Wire
Seven California residents now face federal charges for their roles in an alleged mortgage fraud scheme that defrauded lenders of more than $3 million. Comment?
Jun 22, 2015 | via Business Wire
Our Ref. MI3104 ISIN Code. XS1078279517 INTEREST AM... )--OP Mortgage Bank plc Issue of EUR 50,000,000 Covered Notes due 18 December 2018 Series 6 Tranche 1 MTN ISSUE NAME. Comment?
Jun 20, 2015 | via San Diego NewsCape
Robert Farrace, 51, of Modesto, was indicted today on three counts of wire fraud in connection with a fraudulent short-sale scheme, United States Attorney Benjamin B. Wagner announced. According to the indictment, Farrace was an attorney specializing in real estate transactions. Comment?
Yesterday | via Housing Wire
A California cooling effect could put a freeze on nationwide appreciation and a sustained housing recovery, according to the latest report from Clear Capital. Since 2012, the churn of California price appreciation has buoyed the West, and helped support nationwide appreciation. Comment?
Sunday | via The Fresno Bee
Keith Swinger and Latishia Sharer , a Fresno Wells Fargo home mortgage team, earned the top 10 percent award in the nation for July 2015. In data just released by the Centers for Medicare and Medicaid Services, HealthCare California achieved an Acute Care Hospitalization rate of 9.5 percent for July compared to a state rate of 19.5 percent and a national rate of 24.4 percent. Comment?
Friday Oct 2 | via Dr. Housing Bubble Blog
The Case Shiller Index is one of the better long-term measures of housing price changes. It looks at repeat home sales so you know what you are tracking versus say an area where new home sales are jacking prices up while old crap shack stucco boxes lag the market. Comment?
Friday Oct 2 | via RollingStone
Wells Fargo was forced under the terms of a robo-signing settlement to launch its much-lauded home-buyer assistance program. All over the country, Wells Fargo is making headlines for launching a multimillion-dollar homeowner assistance program called HomeLIFT, which among other things offers $15,000 down payment grants to prospective home-buyers. Comment?
Friday Oct 2 | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
12 min ago | via Daytona Beach News-Journal Online
Local Little Caesars franchisees have bought the property and building at 162 S. Nova Road in Ormond Beach for another restaurant in front of the Rivergate Village shopping center. Joe and Beverly Marks paid $386,000, according to Chris Butera, a commercial real estate agent with NAI Realvest, who represented the seller, John Hill, who closed Inspirations Cards & Gifts in mid-September. Comment?
15 min ago | via Reuters
Fifth Third Bancorp will pay more than $84.9 million to resolve U.S. civil fraud charges that it failed to disclose material defects in more than 1,400 mortgage loans in a timely manner after certifying that they qualified for federal insurance. Fifth Third admitted and accepted responsibility for taking too long to tell the U.S. Department of Housing and Urban Development about the defects, which made loans ineligible for Federal Housing Administration insurance, after discovering them in post-closing reviews from 2003 to 2013. Comment?
17 min ago | via Housing Wire
Home sales in western Washington state are predicted to slow down the rest of the year and into early 2016 due to scarce inventory, new rules for mortgage closings and affordability concerns, the latest report from the Northwest Multiple Listing Service said. "We simply can't sustain double-digit increases in sales when inventory levels continue to drop every month," said OB Jacobi, president of Windermere Real Estate. Comment?
24 min ago | via Housing Wire
Congressional sources tell HousingWire the House will consider H.R. 3192, the Homebuyers Assistance Act, sponsored by Rep. French Hill, R-Ark., Wednesday afternoon. The House will consider the bill , which would create a concrete grace period through the end of 2015 for the TILA-RESPA Integrated Disclosure rule that went into effect Oct. 3. A number of trade associations have voiced their support for the bill, including the National Association of Realtors , Mortgage Bankers Association , and others. Comment?
27 min ago | via National Mortgage News
"This dispute between HUD and the Inspector General epitomizes what lenders are dealing with when enforcement agencies feel free to disregard legal interpretations by program officials," said mortgage consultant Brian Chappelle. SourceMedia's Partner Insights program enables marketers to deliver relevant content and insights directly to the National Mortgage News audience via SourceMedia's digital media platforms. Comment?
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