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Top 7 Foreclosure Stories of Past Year
Jun 19, 2008 | via Realty Trac
The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...
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Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage
Local Headlines
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Wednesday | via Inside Bay Area
Home loans in default rocketed higher during the second quarter in the East Bay and elsewhere, and housing starts plunged to new depths.
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Related Topix: Real Estate, Foreclosures, San Mateo County, CA, Alameda County, CA, Contra Costa County, CA, Brentwood, CA
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Wednesday | via San Francisco Examiner
San Mateo County does not have enough money to fix a levee that was deemed unsafe by the federal government, a county official said Tuesday, putting thousands of southern Peninsula residents much closer to the ...
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Related Topix: Mortgage, Personal Finance, San Mateo County, CA, Redwood City, CA, Natural Disasters, Flood, US News, Federal Aviation Administration
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Foreclosures rise in state, Bay Area
Wednesday | via Almanac
Foreclosure proceedings were brought upon a record-number of California homeowners last quarter, a real estate information service announced Tuesday.
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Related Topix: San Mateo County, CA, Marin County, CA, San Francisco, CA, Foreclosures, Home, Mortgage
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Hope for housing market grows despite painful numbers
Tuesday | via Inside Bay Area
The housing market remains trapped in a quagmire, according to two reports released Tuesday, but some signs emerged that hint the sector could start to see daylight before long.
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Related Topix: Real Estate, San Mateo County, CA, Alameda County, CA, Contra Costa County, CA, Solano County, CA, Foreclosures
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Tuesday Jul 22 | via San Francisco Examiner
San Mateo County homeowners are selling their houses for an average of $105,000 less than they were at this time last year, new data shows, proving that even the state's second-wealthiest county is not immune ...
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Related Topix: Foreclosures, Home, Mortgage, Mortgage, Personal Finance, San Mateo County, CA, San Mateo, CA
Regional Headlines
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Merced Sun-Star: Governor takes bold action
5 hrs ago | via Los Banos Enterprise
Gov. Arnold Schwarzenegger appears to have taken a bold step in finding a solution to one segment of the state's housing crisis.
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Related Topix: Arnold Schwarzenegger, Merced Metro, Merced, CA, California, California Government, Home, Mortgage
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Home sales in June plunge 2.6%, a 10-year low, but West sees rise /...
8 hrs ago | via SFGate
With an already huge glut of homes on the market, median prices fell compared with a year ago and analysts predicted prices would keep falling until next spring as tighter credit, a slipping job market and ...
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Related Topix: Housing, Real Estate, Foreclosures, California
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Monday Jul 14 | via Voice of San Diego
I've been meaning to post this stat for a while. One-quarter of all foreclosed single-family homes in the state are occupied by renters, the California Apartment Association estimates.
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Related Topix: Foreclosures, California Government, California
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Report: Grand jury investigating subprime lenders
19 hrs ago | via The Record
A federal grand jury reportedly is investigating the nation's largest subprime mortgage lenders, Countrywide Financial Corp., New Century Financial Corp.
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Related Topix: Financial Services, Countrywide Financial, Home, Mortgage, California
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Don't Let Them Slash Your Credit-Card Limits
22 hrs ago | via WTVF Nashville
As big banks such as Wachovia, Citigroup and Bank of America continue to post multimillion-dollar writedowns to cover mortgage loan losses and other bad investments, credit-card holders are increasingly getting ...
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Related Topix: Mortgage, Personal Finance, Home, Mortgage, California
National Headlines
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Washington Mutual Bond Risk Rises as Credit-Default Swaps Climb to Record
4 min ago | via Bloomberg Business News
The cost to protect Washington Mutual Inc. bonds from default rose for a third day to a record amid concern that the biggest U.S. savings and loan won't be able to weather the worst housing crisis since the ...
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Related Topix: Financial Services, Stamford, CT, Stamford Metro, New Haven Metro, Financial Markets, Home, Mortgage
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Foreclosure Filings More Than Double
4 min ago | via KNBC Los Angeles Channel 4
The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday.
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Related Topix: Irvine, CA, Stockton Metro, Stockton, CA, Housing, Foreclosures
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Housing rescue on track to pass Senate by Saturday
4 min ago | via WAND-TV Decatur
The Senate has cleared the last hurdle to passing a massive housing rescue bill.
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Related Topix: US Politics, US News, 2008 Presidential Election, George Bush, Foreclosures, Mortgage, Personal Finance
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Michigan ranks 7th in foreclosures
6 min ago | via MLive.com
Michigan ranked seventh in the country in foreclosures during the second quarter of this year, according to data released July 25 by RealtyTrac.
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Related Topix: Foreclosures, Stockton, CA, Stockton Metro
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More people are out of work than expected this month
7 min ago | via WBIR-TV Knoxville
A domino effect on Wall Street. A down day triggered by dismal earnings posted by Ford, a steep drop in existing home sales, and a spike in jobless claims.
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Related Topix: Home, Home Selling, Housing, Ford, Mortgage
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