Archive for Reggie Lal
Job losses in California ‘far worse’ than originally thought
In California, 338,400 more people lost their jobs in December than was previously reported
Foreclosure rates jump throughout Central Valley
Foreclosure rates jump throughout Central Valley
FHFA extends HARP for one year
The Federal Housing Finance Agency (FHFA) this week announced the extension of the Home Affordable Refinance Program (HARP) to June 30, 2011.
California still feeling the pain: foreclosure filings increasing
California foreclosure filings increasing
Foreclosure rates in Stockton increased
Foreclosure rates in Stockton increased in December 2009 over the same month in 2008, according to First American CoreLogic.
According to data Thursday from First American CoreLogic on foreclosures for the Stockton area, the rate of foreclosures among outstanding mortgage loans was 6.00 percent for the month of December, an increase of 2.39 percentage points compared to December of 2008 when the rate was 3.61 percent.
Foreclosure activity in Stockton is higher than the national foreclosure rate which was 3.16 percent for December 2009, representing a 2.84 percentage point difference.
Defaults Continue to Plague Commercial Real Estate Market
Defaults Continue to Plague Commercial Real Estate Market
Residential Mortgage Delinquency Rate Surpasses 10%: LPS
Residential Mortgage Delinquency Rate Surpasses 10%: LPS
Goldman Sachs CEO awarded a $9 million stock bonus
Goldman Sachs CEO awarded a $9 million stock bonus
Mortgage payments lag as consumers pay credit cards instead
Americans are paying their credit card debts before they write a check for their mortgages at a greater rate than ever, according to a new study developed by TransUnion LLC, one of the nation’s three major consumer credit reporting agencies.
Record number of real estate licenses were revoked in 2009
record number of real estate licenses were revoked for cause in 2009 by the California State Department of Real Estate, the state department that issues licenses to real estate professionals.
