Arroyo Grande Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

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  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• Foreclosures continue to soar

  4 hrs ago | via Monterey County Herald 

  Foreclosures in Monterey County continue to climb at a record pace, with 847 homes lost to foreclosure in the second quarter, reflecting an increase of 443 percent over the second quarter of 2007.

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  Related Topix: Santa Cruz County, CA, San Luis Obispo County, CA, Santa Barbara County, CA, Housing, Monterey County, CA

• Hurst's suspension marks third strike for local lenders

  10 hrs ago | via SanLuisObispo.com 

  State regulators say Atascadero's Hurst Financial has fraudulent business practices; the action follows similar orders to two other lenders The state's Department of Corporations has suspended Atascadero-based ...

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  Related Topix: Housing, Atascadero, CA, San Luis Obispo, CA, San Luis Obispo Metro, San Luis Obispo County, CA

• Foreclosures continue to skyrocket in California

  Yesterday | via KSBY-TV San Luis Obispo 

  DataQuick studies showed more than 63,000 California homes were lost to foreclosure between April and June."); var headline = escape ; OpenWin "> DataQuick studies showed more than 63,000 California homes were ...

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  Related Topix: California, Foreclosures

• State suspends Atascadero-based Hurst Financial's securities permit

  21 hrs ago | via SanLuisObispo.com 

  The state's Department of Corporations has suspended Atascadero-based Hurst Financial's permit to collect and sell securities to California investors, describing the business's practices as "tending to work a ...

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  Related Topix: Housing, San Luis Obispo Metro, Atascadero, CA, San Luis Obispo County, CA

• Night Moves: EFI files fund Chapter 11

  Friday Jul 4 | via UncoveredSLO 

  Estate Financial Inc. principals Karen Guth and Joshua Yaguda placed EFI's Mortgage Fund LLC into voluntary Chapter 11 bankruptcy with a July 1 appearance in .

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  Related Topix: Paso Robles, CA, San Luis Obispo County, CA, Home, Mortgage, Mortgage, Personal Finance

Regional Headlines

• Calif. foreclosures jump to 20-yr high

  32 min ago | via Reuters 

  The number of homes lost to foreclosure in California soared to a 20-year high in the second quarter and mortgage default notices jumped to a record as well, underscoring the depth of the state's housing ...

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  Related Topix: California, California Government, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• WA state to revoke license of CA mortgage company

  9 hrs ago | via Tri-cityherald.com 

  Washington state plans to revoke the license of a California mortgage broker. The state Department of Financial Institutions says an investigation has found Paramount Equity Mortgage, Inc.

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  Related Topix: California, Home, Mortgage, Mortgage, Personal Finance

• Foreclosures Hit 20 Year High in California

  14 hrs ago | via KCBS 

  More than 120,000 notices of default were mailed to California home owners in the second quarter of this year, up 125 percent from the second quarter of 2007.

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  Related Topix: California, Foreclosures, Home, Mortgage

• California Foreclosures Soar To 20 Year High

  Aug 9, 2007 | via NBC11.com 

  A real estate research firm says foreclosures in California soared in the second quarter to the highest level in at least 20 years.

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  Related Topix: California, Foreclosures

• Foreclosures in Calif. soared in the second quarter to the highest level in at 20 years.

  16 hrs ago | via KABC 

  Foreclosures in California soared in the second quarter to the highest level in at least 20 years, as many homeowners who bought at the height of the housing boom were unable to make mortgage payments, a real ...

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  Related Topix: California, California Government, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Housing

National Headlines

• 17,000 valley homes seized as foreclosures continue to skyrocket

  3 min ago | via The Modesto Bee 

  More than 17,000 Northern San Joaquin Valley homes have been lost to foreclosure during the past year, data released Tuesday shows.

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  Related Topix: San Joaquin County, CA, Merced County, CA, San Joaquin, CA, Foreclosures, Merced, CA

• Meredith returns to real estate market

  3 min ago | via KGAN 

  Better Homes and Gardens is back in the real estate business. Des Moines-based Meredith Corp., which publishes Better Homes and Gardens magazine, is teaming with Realogy Corp.

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  Related Topix: Meredith Corporation, Publishing, Media, Real Estate

• MBA: Mortgage Rates Up Sharply

  4 min ago | via Calculated Risk 

  The MBA released their weekly survey of mortgage applications and interest rates this morning: Mortgage Applications Decrease In Latest MBA Weekly Survey The average contract interest rate for 30-year ...

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• Fannie's REOs Piling Up

  4 min ago | via Calculated Risk 

  Fannie Mae acquired twice as many homes through foreclosure in the first quarter as it sold, regulatory filings show.

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  Related Topix: Foreclosures, Mortgage, Mortgage, Personal Finance, Housing

• Rescue of mortgage giants could hit $25 billion

  5 min ago | via San Diego Source 

  A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said, as the House scheduled a Wednesday vote on legislation that would tap the mortgage giants' ...

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  Related Topix: Personal Finance, Mortgage, Foreclosures, San Diego Metro