Monthly Archives: October 2009

Read the Fine Print When Reviewing Companies

http://www.reuters.com/article/pressRelease/idUS114388+30-Oct-2009+PRN20091030 DENVER, Oct. 30 /PRNewswire-FirstCall/ — M.D.C. Holdings, Inc. (NYSE: MDC) today reported results for its third quarter ended September 30, 2009. The Company announced a net loss for the quarter of $32.0 million, or $0.69 per diluted share, which … Continue reading

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California Attorney General Wants ARM Answer

By AUSTIN KILGORE October 29, 2009 4:26 PM CSTCalifornia attorney general Edmund Brown Jr. today sent a letter to 10 major bank and loan servicers in the state calling for the disclosure of their detailed plans to help certain homeowners … Continue reading

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California Home Loans Cautions Loan Modifiers

 Although the number of real estate licensees in California is down, loan modification scams have skyrocketed, prompting the California Department of Real Estate to shift focus from licensing to enforcement.Gov. Arnold Schwarzenegger signed SB 94 Oct. 11, which imposes substantial … Continue reading

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California Home Loans Not Effected by Capmark Bankruptcy

By John Gittelsohn Oct. 27 (Bloomberg) — Capmark Financial Group Inc., the lender that filed for bankruptcy this week, was making billions of dollars in property loans just as investor Sam Zell was exiting the U.S. office market in early … Continue reading

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California Home Loans Looking at Its Advisors

By DON THOMPSON (AP) – 1 day ago SACRAMENTO, Calif. — San Francisco businessman Victor MacFarlane is ending his longtime role as a real estate adviser to the California Public Employees’ Retirement System, a spokeswoman for his firm said Saturday. … Continue reading

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