June 2010 RCDs
By ft Editorial Staff • Jun 2nd, 2010 • Category: June 2010 Journal, Recent Case DecisionsA digest of recent court cases affecting real estate.
A digest of recent court cases affecting real estate.
A digest of recent court cases affecting real estate.
A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For an archive of Legislative Watch years, click here.
This article explores the failure of Congress to grant bankruptcy courts the authority to save homeowners from foreclosure.
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.
Get your buyer the best financial advantage – Submit multiple loan applications and compare
California’s supply of previously-owned single family residences (SFRs) sank to a five-year low of 3.8 months in January 2010, down from 5.8 months a year ago. When compared to the January 2008 supply of 16.6 months, this particular statistic points to a California real estate recovery. Or does it? The “months of supply” is merely [...]
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 [...]
Effective January 1, 2010, any Mortgage Loan Broker (MLB) who makes, arranges or services residential or commercial mortgage loan secured by real estate in California must report to the Department of Real Estate (DRE) prior to January 31, 2010. This report must be done online at the DRE’s website (www.dre.ca.gov) using Form RE 866, Mortgage [...]