Monthly Archives: September 2010

Attorney General Edmund G. Brown Jr. today directed Ally Financial, Inc., formerly known as GMAC, to prove immediately that it is complying with state law or, if it cannot, to cease and desist from foreclosing on California homes. “I’m taking … Continue reading →

The controversy about Ally Financial Inc.’s “robo-signer” on foreclosure documents gained momentum Friday as California’s attorney general ordered Ally to stop foreclosing on homes in that state if it can’t prove immediately that it is complying with state law. Ally … Continue reading →

In a city-by-city overview, economist Steve Cochrane reported that 65 of the nation’s 389 metro areas remained in recession as of July. A year ago, nearly all were. Most of the recessionary cities are in the West, especially central and … Continue reading →

More than 31,000 homes in California started the slide into foreclosure in August, a 16.7 percent increase from July, but still 16 percent under August of last year, according to a report Tuesday from ForeclosureRadar Inc., a Discovery Bay-based foreclosure … Continue reading →

The California Hispanic Chambers of Commerce (CHCC) and Fidelity National Financial, Inc. (FNF) the nation’s largest title insurance company, have joined forces to help promote home ownership and to provide information to distressed home owners on alternatives to avoid foreclosure. … Continue reading →