Four Californians accused of running mortgage fraud scheme that targeted minorities
According to the office of California Attorney General Xavier Becerra, Andrew Valles, Jemal Lilly, Mark Bellinger, and Arnold Millman were indicted recently for grand theft, filing false or forged documents in a public office, conspiracy to commit ...
Teton Gravity Research
California's Affordability Creating Winners and Losers
Teton Gravity Research
Of course, this doesn't mean there aren't cities benefiting from California's affordability crisis. The city that's actually benefited the most is Stockton. During the recession, Stockton went bankrupt and had the highest number of foreclosures in the ...
On the Move: Tracking the Ins and Outs of California Lawyers
Mia Butera joins East Bay firm Wendel, Rosen, Black & Dean as an associate in their Business Practice Group. With experience in business and contract law, Butera previously served with Rogoway Law Group and as a contract attorney for Stripe. A ninth ...
County prepares to take ownership of tax foreclosures
Blue Mountain Eagle
The back taxes for the 42 properties totaled $171,460 at the time of the judgment. With interest accrued to that time, the amount totaled $364,756 — more than double the taxes owed. As of Feb. 7, eight of the 42 properties have been redeemed, reducing ...
Battling the Foreclosure Crisis in Fresno California
Fresno California today has many 'We Buy Houses' investors who can offer home owners with attractive terms that are hard to resist. Foreclosures are today a reality in the region, and homeowners have a variety of reasons why to sell quickly and move to ...
Pennsylvania counties with the most foreclosures
Pennsylvania foreclosures are at their lowest level since before the recession, but the state still has one of the highest rates in the country. Nearly 31,000 properties in Pennsylvania were foreclosed last year, according to a report from ATTOM Data ...
Debate on safety of reverse mortgages for US seniors heats up
Foreclosure is a frightening word — especially if the person losing her home is a senior living on a modest, fixed income. And some housing advocates worry that the number of foreclosures has risen sharply among one group of seniors: those who have ...
Former Fannie Mae employee accused of taking bribes, selling foreclosures below market value
According to the U.S. Attorney's Office for the Central District of California, Shirene Hernandez formerly worked at Fannie Mae in Irvine. At Fannie Mae, Hernandez worked as a REO foreclosure specialist and was tasked with the disposition of properties ...
California house of horrors kids were only days away from moving
The teen who saved her 12 siblings from a California house of horrors reportedly jumped out a window and called 911 with just days to spare before a cross-country move. Accused abusers David and Louise Turpin appeared on the verge of relocating their ...
Modifications to the California Homeowner Bill of Rights
In sum, mortgage servicers with California foreclosures need to adjust their foreclosure process and loss mitigation policies in accordance with the revised statutes. In terms of litigation, these changes are unlikely to impact any current litigation ...