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Thursday, December 22, 2011 7:42 AM

Fraud Alert: C.A.R. releases consumer alert

Don’t fall victim to unscrupulous con artists trying to take advantage of unknowing, financially troubled home owners. These scammers usually promise mortgage loan modifications or reduced monthly payments for upfront fees. In most case, charging
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Friday, November 18, 2011 10:56 AM

Beware of firms charging a fee for mortgage help

The Los Angeles Times Plenty of companies are eager to exploit the uncertain economy and housing market by trying to separate property owners from their money. But services seeking high fees for foreclosure assistance seldom prove beneficial, housing
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Monday, October 17, 2011 5:38 PM

Obama Administration releases September Housing Scorecard

HUD and the U.S. Dept. of the Treasury recently released the September edition of the Obama Administration's Housing Scorecard. The latest housing data offer continued mixed signals as home prices improved for the fourth consecutive month, but showed
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Thursday, August 25, 2011 6:16 AM

Southland Housing Market's Vital Signs Remain Weak

DataQuick - August 15, 2011 La Jolla, CA---Southern California home sales fell last month to the lowest level for a July in four years, though the decline from a year earlier was the smallest in 13 months. The drop in sales from June was more pronounced,
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Monday, August 15, 2011 7:24 AM

Cosigning on the Dotted Line

Tighter lender standards and an unstable job market have made it tougher for some people, especially those just starting out, to qualify for a home mortgage on their own. So, some home buyers are turning to family members or close friends with good credit
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Saturday, August 06, 2011 12:14 PM

Distressed BofA homeowners in Calif. now have chance of principal reduction

San Diego Union-Tribune Bank of America has joined the Keep Your Home California principal-reduction program, making it the largest loan servicer involved in lowering loan balances for those with economic hardships. Making sense of the story Keep Your
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Friday, July 15, 2011 5:47 AM

Mortgage rates are great, if you qualify

The Wall Street Journal Interest rates are near historic lows and home prices are affordable; however, many borrowers are finding they must have nearly pristine credit records and hefty down payments to get the best rates. Making sense of the story Since
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Monday, June 27, 2011 3:08 AM

Foreclosure myths, debunked

Although there are a number of programs available to help homeowners who have defaulted on their mortgages keep their home, the large amount of misinformation tends to result in troubled homeowners failing to contact their lender until it is too late.
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Friday, June 17, 2011 6:05 AM

Foreclosure activity slows in May, except in California

Foreclosure filing activity was down in May 2011, with fewer foreclosure filings in all states except California, where there was an increase in Notice of Trustee Sale filings, which may lead to more foreclosure sales in future months. Activity on the
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Thursday, June 09, 2011 5:15 PM

Avoid Falling Victim to Common Moving Industry Scams

Each year, about 15 million American households move, with the majority changing households between Memorial Day and Labor Day. Unfortunately, this same time period also is peak season for moving company scams. To avoid falling victim to common scams,
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Friday, May 06, 2011 5:59 AM

Tips for Hiring Moving Companies

The traditional home-buying season is in full swing, meaning many people will be packing boxes and looking for companies to help make the move as painless as possible. The American Moving & Storage Association has tips to help with a smooth move.
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Thursday, May 05, 2011 6:00 AM

Fannie and Freddie to Align Guidelines for Servicing Delinquent Loans

C.A.R.’s efforts to address the issues related to the difficulties of the short sale process are starting to gain traction. Late last week, the Federal Housing Finance Agency (FHFA) announced it has directed Fannie Mae and Freddie Mac to establish
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Thursday, April 28, 2011 9:01 PM

Condo vs Single Family Home

Talking Points Some home buyers may opt for a condo over a single-family home for a number of reasons. A condominium can provide a less-expensive entry into the housing market, and is a low-maintenance downsizing option for seniors. However, misconceptions
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Friday, April 22, 2011 6:23 AM

Weekly Fraud Alert: HUD Campaign Promotes Homeowner Scam Awareness

HUD has launched a new campaign in Miami, Chicago, and Los Angeles called “Know It. Avoid It. Report It.,” a campaign that aims to direct homeowners facing foreclosure to trusted resources and housing counselors, and to solicit the support
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Tuesday, April 19, 2011 3:20 AM

Confidence in Value of Homeownership Persists Through Bust

LA Times: Despite the decline in home prices, 81 percent of U.S. adults believe buying a home is the best long-term investment a person can make, according to a national survey by the Pew Research Center. MAKING SENSE OF THE STORY Homeownership topped
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