Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 3000 Rainier Ave, Stockton, Ca, 95204

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 3000 Rainier Ave_Stockton_ CA_95204.mp4 (11700 KB) For information on this and all the Stockton homes for sale visit! Private gated estate with golf course views. 5830 sq. ft. with 5 possible bedrooms and 5 1/2 baths. 3 separate parcels on lot. This home is energy efficient with photovoltaic […]

HUD Homes For Sale – Terrific Values

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Download now or preview on posterous HUD Homes for Sale in California Central Valley 1-14-2011.pdf (865 KB) View all the HUD homes for sale!  Call Your Home Team at 209-471-6516 to schedule a time to view any of the HUD homes for sale!  Visit our web sites and to search the Central Valley […]

Housing Regulators Plan New Fee System

Posted by & filed under Foreclosures.

U.S. housing regulators plan to impose a new fee system and standards for mortgage servicers by mid 2012. The Federal Housing Finance Agency instructed Fannie Mae and Freddie Mac to work with the Department of Housing and Urban Development in order to find ways to improve mortgage servicing for borrowers. They proposed imposing a service […]

Bank of America Settles with Freddie and Fannie

Posted by & filed under Stockton Real Estate.

Bank of America has settled with Freddie Mac and Fannie Mae for $2.8 billion to silence claims that the bank sold them faulty loans. Investors are typically entitled to repayment by the lenders if the loans were sold on the basis of false assurances. Since Bank of America’s acquisition Countrywide Financial, they have been particularly […]

Readers Rate Local Economy San Joaquin #2 Story of the Year

Posted by & filed under Stockton Real Estate.

According to The Record readers, the local economy was the number two story of the year. One factor contributing to the overall economy was the housing market. San Joaquin county was number two in the nation for foreclosures in 2010 but housing prices remained relatively unchanged with an average home price of $181,000.

Wells Fargo Expanding California Loan Modifications

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Wells Fargo plans to make $2.4 billion in mortgage modifications in California and is still working towards expanding this same forgiveness to other states. The program is specifically targeting homeowners who had “pick a Payment” adjustable rate loans that ballooned far and above what the homeowner was able to pay. Wells Fargo has already modified […]

National Mortgage Standards are Encouraged

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A group of investors together with academics has proposed a national standards system be created for Mortgages. The goal would be for such standards to be implemented as early as this spring.The group believes such standards could diminish conflict between servicers and investors, help avoid investor favoritism by servicers and set a standard for securities […]