A huge step was taken by our legislators last week by passing Sb 94 authored by Senator Calderon. A law that makes it illegal to charge up front fees on a loan modification. This law applies to everyone including attorneys and real estate brokers.
Posts Tagged ‘Advance Fee’
Local Real Estate News- Mortgage rates edge up this week from decades lowWASHINGTON -- Mortgage rates mostly edged up this week as investors' fears about the economy eased. Mortgage buyer Freddie Mac says the average rate for a 30-year fixed loan was 4. […]
- Condo concierge a hit with San Jose high rise residentsCondo residents get help with everything from event tickets to salon referrals […]
- Largest Silicon Valley real estate markets during:Valley focus "º"º commercial real estate more commercial real estate in silicon valley became available in July, but the majority of markets saw least rates fallAfter rising and falling for the entire year, available commercial real estate for lease reached its highest level for 2010, […]
- Mortgage applications fall 1.5 percent last weekWASHINGTON -- Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades. […]
- Who sold what, published Sept. 4Residential transactions in Santa Clara County, San Mateo County, San Francisco and southern Alameda County. […]
- Mortgage rates hit decades-low: 4.32 percent for 30-year fixed loansWASHINGTON -- Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy. […]
- Pending home sales rise 5.2 percent in JulyWASHINGTON -- The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak. […]
- Mortgage applications rise 2.7 percent as borrowers seek low ratesNEW YORK -- Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments. […]
- Home prices rise in 17 of 20 big metro areas in JunePrices rose in June, but are expected to drop in next report. […]
- Architectural gems languish on California home marketLOS ANGELES (AP) -- The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California market. […]
- Mortgage rates edge up this week from decades low
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