February 2010 SCW
By Connor P. Wallmark • Feb 2nd, 2010 • Category: February 2010 Journal, Supreme Court WatchReal estate related issues pending before the United States and California Supreme Courts.
Real estate related issues pending before the United States and California Supreme Courts.
This article analyzes the due diligence investigations by a mortgage loan broker (MLB) into a trust deed note available for purchase by his trust deed investor.
Statewide, 41,837 homes were sold in December, up 16.7% from November, and up 10.6% from one year ago. 22,328 of these homes were sold in Southern California (So Cal), up 16.4% from November, and up 12.1% from one year ago. The statewide median price paid for the phantom median-priced home was $264,000, up 1.1% from [...]
Statewide, 35, 860 homes were sold in November, down 13.1% from October, but up 11.5% from one year ago. 19,181 of these homes were sold in Southern California (So Cal), down 13.3% from October, but up 14.7% from one year ago. The statewide median price paid for the phantom median-priced home was $261,000, up 1.6% [...]
Real estate related issues pending before the United States and California Supreme Courts.
This article discusses contemporary attitudes toward mortgage default and turns a critical eye to the social consequences and economic results of strategic default.
Is China the future of real estate in California? A recent report in the International Property Journal anticipates a future surge in Chinese buyers. In Southern California, the report notes, Chinese language listings have already replaced Spanish as the most searched foreign language listings, and Chinese buyers made up 7.5% of international buyers in the [...]
This article discusses the history, purpose and function of the Federal Reserve as the nation’s central bank and how its monetary policies sustain the economy of the United States.
Real estate related issues pending before the United States and California Supreme Courts.
Landlords, investors and owners of second homes in various stages of default are not eligible for a loan modification under the federal government’s Home Affordable Modification Program (HAMP). However, Fannie Mae has recently introduced a Payment Reduction Plan (PRP) made specifically for these individuals. Under the PRP, landlords, investors and owners of second homes (borrowers) [...]