Dec 21st 2011 10:00AM
SAN FRANCISCO -- California's attorney general filed lawsuits against mortgage giants Fannie Mae and Freddie Mac on Tuesday, demanding that the companies that own some 60 percent of the state's mortgages respond to questions in a state investigation. Attorney General Kamala Harris, whose office filed the lawsuits in San... Continue Reading »
Dec 13th 2011 9:00AM
LAS VEGAS -- A new federal report shows that speculative real estate investors played a larger role than originally thought in driving the housing bubble that led to record foreclosures and sent economies plummeting in Nevada, California, Arizona, Florida and other states. Researchers with the Federal Reserve Bank of New... Continue Reading »
Nov 2nd 2011 3:11PM
With the national foreclosure settlement ramping up, victims of the housing crisis may finally be getting some satisfaction. Starting this week, more than 4 million homeowners who faced foreclosure between 2009 and 2010 may be able to get their cases reviewed to determine whether their lenders engaged in robo-signing and... Continue Reading »
Jun 15th 2011 4:00PM
High-tech IPOs like LinkedIn's and the much-speculated-upon Facebook offering are driving up real estate prices in Silicon Valley to pre-bubble levels, reports Bloomberg News. Newly-minted millionaires -- and those who hope to be -- are flocking to the area, starting bidding wars at a time when the rest of California's... Continue Reading »
Aug 16th 2010 1:54PM
Do you have friends that love to go out with you, but never invite you to their home? How about neighbors who are super-nice in the yard, but never let you in the house? Don't worry. It isn't you, it's them. They are hiding a secret that has been kept for years by many homeowners, but the economic decline is causing the... Continue Reading »
