|
|
|
Most of you probably already heard about California's Attorney General suing Countrywide Financial, saying the company used deceptive practices to push homeowners into risky loans.
Why? Because in recent years, lenders like Countrywide stopped holding loans in their own portfolios, seeking...
|
Comments [4] - Views [103]
|
|
|
|
Our latest home sales map is ready for a peek.
No need to grab a map and figure out where to find Lorelei Rock Drive or Pheasant Avenue. (Homes on those streets recently sold.)
We’ve done the work for you in this map.
The map is updated with homes that sold in Bakersfield Feb. 1 to Feb....
|
Comments [13] - Views [222]
|
|
|
|
Home Tours
http://www.bakersfield.com/...
In the Bakersfield Californian, there was a story about home tours. That is where an agent...
|
Comments [0] - Views [46]
|
|
|
|
Today a colleague pointed out a CNN story about people so desperate, feeling trapped by overwhelming mortgage payments and facing foreclosure, that they burn their own homes.
I was so shocked that I tracked down the report.
Watch it here.
CNN reported this alarming statistic: Last year 14...
|
Comments [5] - Views [117]
|
|
|
|
Here's Gretchen Wenner's latest report on the market:
Foreclosures reached another new high in Kern last month, according to the latest report from the Kern County Recorder’s office.
The monthly tally shows 586 properties foreclosed in February, up from 512 the previous month and 107 in...
|
Comments [3] - Views [48]
|
|
|
|
Free counseling is available to help homeowners avoid foreclosure. It's coming to communities thoughout California with the help of an $8 million grant, according to a news release from Gov. Arnold Schwarzenegger's folks.
The money's going to the California Housing Finance Agency and...
|
Comments [0] - Views [12]
|
|
|
|
Today Gov. Arnold Schwarzenegger's task force on nontraditonal mortgages launched radio announcments meant to help people struggling with payments learn about ways to keep their homes.
It's known as the 90 Days of Hope campaign.
You can listen to them in English and Spanish.
Here's a summary...
|
Comments [1] - Views [36]
|
|
|
|
GMAC Bank issued a memo to branch managers, underwriters and the like last month, that begins:
"Effective for loans registered with GMAC Bank on or after January 7, 2008
"GMAC Bank Correspondent Funding (GMACB) Approved Correspondents please take notice; current home price trends...
|
Comments [3] - Views [58]
|
|
|
|
Who says L.A. media ignore Bakersfield?
Why, just this afternoon, a Reuters television crew stopped by Bakersfield to ask locals — including The Californian's assistant business editor, John Cox (who actually lives in Frazier Park) — about the state of Kern's housing market.
The...
|
Comments [0] - Views [44]
|
|
|
1
