San Francisco considers using eminent domain to fight foreclosures

舊金山市政府計劃仿效東灣列治文市使用土地徵用權, 協助無法負擔房貸的屋主 (KTSF)

San Francisco Board of Supervisors will consider forming a joint powers authority with the City of Richmond to carry out local mortgage principal reduction programs through eminent domain proceedings…

Housing debt still entraps 10 million Americans

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Nearly 10 million Americans remain financially trapped by homes that are worth less than their mortgage debts…

Average US rate on 30-year loan rises to 4.46 pct.

Average U.S. rates for fixed mortgages rose sharply this week, making home-buying slightly less affordable..

City of Richmond may buy underwater mortgages

An unprecedented plan to buy struggling Richmond homeowners’ underwater mortgages is moving forward…

Bay area house market cools off

Bay area house market cools off…

Mortgage Fraud Sentence

SF man sentenced to 20 years in prison for mortgage fraud…

Fiscal cliff impact on homeowners

Unless congress acts by year end, capital gains taxes will go up for homeowners with a lot of equity in their homes. Selling now can make a big difference…

SF mortgage fraud verdict

Two defendants convicted of mortgage fraud for One Rincon Hill properties valued at $5.5 million…

US 30-year mortgage rate drops to record 3.56%

據房貸公司Freddie Mac週四表示,美國30年固定房貸利率已跌至平均3.56%,較上週的3.62%進一步下調,這是美國自50年代推出長期房貸以來最低的利率…

Rate on 30-year mortgage down to record 3.91 pct.

2012 looks to be another year of opportunity for the few who can afford to buy or refinance a home…