How To Get A Job When You’re Over 50ForbesOne client, 62, had worked in facilities for a large New York real estate company. She started networking and discovered that a large company was relocating to her New York suburb. She approached the company before it had posted any jobs and talked up … …read more

In a recent interview, Mohamed El-Erian, CEO and co-chief investment officer for Pimco, said America is at a place it’s never been, with central banks experimenting in unprecedented ways. In light of this, El-Erian provided advice on how to move forward. …read more

Freddie Mac sold $2 billion in reference bills, noting that the sales experienced higher rates and weaker demand when compared to last week’s sale of similar maturities at comparable amounts. …read more

Lenders experienced another tough quarter when analyzing bond-trading activity. All of the volatility is blamed on the Federal Reserve’s actions, and some analysts believe it will get worse before it gets better. …read more

Ellie Mae announced its latest Encompass360 mortgage management solution, which includes solutions designed to specifically deal with the ability-to-repay and qualified mortgage rules. …read more

Stockton Proposes Bankruptcy Exit PlanBond Buyer… the draft said. ìIt returns the city to financial and public service provider solvency, but, in the absence of agreements with city creditors whose obligations are secured by leases of city real estate, the plan includes the potential loss of city … and more …read more

The top five lenders are expected to post significant cutbacks in earnings, with losses projected to rise as high as $1 billion as fears of a sharp drop in trading volume hit the market. …read more

While the market tries to figure out how to deal with a likely government shutdown, housing agencies are gearing up to deal with the aftermath. But they inadvertently created some confusion at HUD on Friday, saying at first the agency will not be able to endorse single-family loans if the government closes … and then […]

Tighter lending standards prevent lenders from issuing unsafe loans, but if taken too far, they tend to keep otherwise safe borrowers on the sidelines as well. …read more

Troubled banks are lingering around a bit longer, threatening the health of the overall economy. …read more

In a turn of events, banks examiners are about to spend some time of their own in the hot seat, with the Office of the Currency of the Comptroller rolling out a new program that will subject examiners to more rigorous accountability. …read more

RioCan Real Estate Investment Trust Named Top 25 Dividend Stock With 5.77 …ForbesRioCan Real Estate Investment Trust (Toronto: REI-UN) has been named as a Top 25 dividend stock, according the most recent Canada Stock Channel ”DividendRank” report. The report noted that among the coverage universe, REI.UN shares displayed … and more …read more

By Ryan Lundquist I’m reminded of limbo when thinking about distressed sales in Sacramento County. Both short sales and foreclosures used to absolutely dominate the market several years ago, but nowadays they just keep going lower and lower and lower (like limbo). Let’s digest some market trends together below. Bank-owned sales used to represent over […]

Almost 60,000 Sacramento families – one in six households with a mortgage – refinanced their home loans in 2012, more than double the number that refinanced in 2011, according to data released earlier this month. Carrie Paine recently refinanced her South Land Park home and was able to buy a new car with the savings, […]

By Mandelman Come with me to the City of Richmond in Northern California. It’s a city that sits 16 miles northeast of San Francisco, directly across San Francisco Bay. It’s about a 30-minute drive from Richmond to San Francisco; Oakland is only about 20 minutes away. And you can get to marvelous Marin County in […]

If lawmakers on Capitol Hill can’t come to an agreement by Monday at midnight, housing agencies will be forced to shut their doors for the most part. Meanwhile, the recent spike in home prices has some market analysts convinced another bubble is in the making. All of this and more is available in the latest […]

Debt Still Bedevils Economy Five Years After Financial CrisisForbesOne big change, perhaps, is the real estate market in the U.S. It is no longer so bubbly. Ordinary people no longer expect to get rich by buying residential property. Now, it’s the turn of big private equity outfits such as the Blackstone Group to try … […]

Rising polls boost Lonegan campaign in Senate race against BookerThe Star-Ledger – NJ.comAt the same time, the latest polling numbers have only helped with the money, which had not been exactly pouring in over the summer, while Booker brought in millions in contributions from glittery, star-filled fundraisers in California. “We’ll be up on … …read […]

Lodi’s Mediterranean identity reflected by huge diversity of grapesCentral Stockton NewsThink of it another way: Stockton, bordering the south end of the Lodi AVA, has always been a busy seaport (its nicknames include California’s Sunrise Seaport, Mudville, and Port City); and in 1985, a full sized humpback whale (subsequently named … …read more

LODI – Phil Crane expressed excitement at the prospect of picking the barbera winegrapes that grow in the front yard of his Acampo home. …read more

Spanos at 90: Birthday brings reflections on developer’s legacyStockton RecordSTOCKTON – Alex Spanos will celebrate his 90th birthday quietly at home today with members of his immediate family. Just 30 or so people. Stockton’s wealthiest resident – a billionaire who at one … “Sharing the Wealth: My Story” – that chronicles … …read more

New hearing set in Tioga embezzlement caseSacramento BeeManco Abbott ended its contract with the owners of the apartment complex, Tioga Investors LLC, on Sept. 7, according to Manco Vice President Adam Goldfarb. BLR Commercial Real Estate of Stockton now manages the apartment complex in the 1700 block … and more …read more

11 Reasons Why I Never Want To Own A House AgainForbesI like for things to be predictable and real estate taxes can vary. While mortgage payments can remain fairly flat, assuming you have a fixed mortgage rate, you more or less know what you’re paying each year. You don’t always have the same result with […]

Industry experts are initiating scenarios to incorporate possible changes to looming home price forecasts over the next five years. …read more

blah blah blahFriday proved a bit of a lull for all indices on Wall Street. The HW 30 index, for example, tumbled 0.25% on Friday. …read more