July 23, 2012, 12:05 AM
California homes that meet environmental standards, such as energy efficiency and proximity to public transportation, are selling at higher prices than homes that don't, according to a new report. The study, conducted by researchers at UC Berkeley and UCLA, looked...
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July 17, 2012, 12:05 AM
Former San Francisco Mayor Willie Brown and a longtime business partner are among investors in a company drawing criticism for working with local government officials to take over and discount underwater mortgages. The plan gained impetus last month, when officials in San Bernardino...
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May 23, 2012, 5:02 PM
Nearly a million California homeowners lost their homes in the foreclosure crisis. Now, some are being pursued by a little-known Texas company with a controversial strategy for seeking profit in the real estate collapse.
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May 23, 2012, 3:03 PM
To understand Rick Jurgens’ article on the second-mortgage debt and one Texas firm’s aggressive collection methods, you must first look at the origins of the mortgage crisis. Here, we provide an explainer, a glossary of terms, a guide to available resources and a recommended reading list.
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May 23, 2012, 3:03 PM
Homeowners thought their mortgage debt was erased after banks and lending companies took their houses – until Heritage Pacific stepped in.
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July 1, 2011, 12:05 AM
As home foreclosures hit record levels, a group of California real estate investors engaged in an auction bid-rigging conspiracy that allowed them to boost their profits in subsequent sales, the U.S. Department of Justice announced yesterday. The Justice Department said eight investors agreed...
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August 10, 2010, 12:05 AM
Amid the downturn in California's real estate market, the state has disciplined a record number of real estate licensees and is investigating thousands of attorneys involved in loan modification and short-sale scams. California's foreclosure rate remains among the nation's highest...
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June 24, 2010, 12:05 AM
Tales of Jerry Brown's $1.8 million Oakland Hills house have caused quite a stir in the blogosphere during the last few days, but its market value these days is a drop in the bucket compared to what his old digs recently sold for. About a year ago, a converted firehouse Brown lived in from...
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April 14, 2010, 12:09 AM
Gov. Arnold Schwarzenegger knows real estate – a big portion of his movie fortune has been invested in lucrative properties from Santa Monica to Columbus, Ohio. East End Complex, Sacramento But in the state's quest to profit $660 million from the sale of government buildings,...
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