California's Solo Mortgage Probe Complicated by 2008 Deal Bloomberg 6 deadline to join a proposed multistate agreement over foreclosure practices said to be worth as much as $25 billion if California joins, Harris has said she won't sign onto a deal blocking her from investigating whether the five largest US mortgage ...
Calif. city is recovering from bankruptcy CBS News Foreclosures were up. Tax revenues down. The city still reeling after the Navy abandoned a shipyard there. Eighty-percent of the city budget was its ballooning payroll. "You're overpaid and your pensions are too big. That's what some of the public says ...
Renting out foreclosures Atlanta Journal Constitution Statewide, Georgia has more than 6400 of the homes, second only to California, with nearly 9000. But the region now stands to be one of the biggest winners of a federal pilot program to turn the homes — nearly 84000 total nationally — into rental ...
Fannie Mae tries partnerships with investors to sell foreclosures Sun-Sentinel By John Gittelsohn and James Nash, Bloomberg News Fannie Mae's plan to convert foreclosed homes into rentals through sales to investors hinges on offering concentrated packages of properties in areas such as Florida, Arizona and Southern California...
A Face Of The Latino Foreclosure Crisis (VIDEO) Huffington Post (blog) This weekend marks the third time that Ramos, a housekeeper, and her husband Jose, a housepainter, have held their breath hoping the bank will reschedule the sale of their foreclosed home. The Ramoses are representative of a broad trend in California: ...