Showing posts with label MARKET UPDATE. Show all posts
Showing posts with label MARKET UPDATE. Show all posts

Tuesday, January 19, 2010

MARKET UPDATE

This week's new articles on California real estate:

Do not be caught unprepared: new licensing requirements for mortgage brokers
The Legislative Watch reviews Senate Bill (SB) 36, which subjects residential loan originators to additional regulation by the DRE . . . . Read More »

Wells Fargo: 'leading the way' in cramdowns?
After acquiring $117.3 billion dollars worth of option adjustable rate mortgages (ARMs) in its acquisition of Wachovia last year, banking giant Wells Fargo is now . . . .
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The House rejects "cramdown" measure: more foreclosures on the way
The US House of Representatives votes 188-241 to reject a measure that would have given bankruptcy judges the ability to . . . .
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Analysts see unemployment peaking this month
The UCLA Anderson School of Management predict California's unemployment will top out in December of 2009 at . . . . Read More »

Wait for revised IRS Form 5405 to claim extended housing tax credit
The IRS will be releasing a new version of Form 5405, the First-Time Homebuyer Credit Form, for homebuyers looking to . . . . Read More »