http://californialoanmodificationpros.com/news California Loans News Service Tue, 08 Dec 2009 16:41:33 +0000 http://backend.userland.com/rss092 en California has one of the highest rates of foreclosures currently, resulting from the severe real estate recession. Coupled with rising unemployment, and a recipe for financial disaster is occurring for many.  Loan modifications in California are becoming a more common solution, though not a simple one to come by. Most mortgage ... http://californialoanmodificationpros.com/news/?p=552#utm_source=feed&utm_medium=feed&utm_campaign=feed California has one of the highest rates of foreclosures currently, resulting from the severe real estate recession. Coupled with rising unemployment, and a recipe for financial disaster is occurring for many.  Loan modifications in California are becoming a more common solution, though not a simple one to come by. Most mortgage ... http://californialoanmodificationpros.com/news/?p=550#utm_source=feed&utm_medium=feed&utm_campaign=feed The foreclosure crisis is being seen in different classes, due to the joblessness rates that are continuing to rise. According to Realy Trac, a foreclosure data researcher company, that there will be more or less than 3.4 million homes projected to enter foreclosure before the year ends. This is due ... http://californialoanmodificationpros.com/news/?p=548#utm_source=feed&utm_medium=feed&utm_campaign=feed Spokesperson Norm Magnuson from the group representing credit bureaus said that the first day of November presents a better outlook for troubled borrowers.  November 1st was to have a new more benign way to report loan modifications sponsored by the government. Through the guidelines of the Consumer Data Industry Association, ... http://californialoanmodificationpros.com/news/?p=546#utm_source=feed&utm_medium=feed&utm_campaign=feed With millions of homeowners who have faced or are facing uncertainty about their ability to continue to be able to pay their mortgages, had had California mortgage modifications in the news for the last several months. Many California homeowners have been saved by getting a mortgage modification and most likely many ... http://californialoanmodificationpros.com/news/?p=542#utm_source=feed&utm_medium=feed&utm_campaign=feed The California real estate market has been hit very hard in recent years and it is going to get worse because many of the adjustable rate mortgages are ready to readjust between the 4th Quarter of 2009 and the 1st Quarter of 2010. The California loan modifications have exceeded the ... http://californialoanmodificationpros.com/news/?p=539#utm_source=feed&utm_medium=feed&utm_campaign=feed California mortgage modifications have been in the news for the last several months as millions of homeowners faced or face uncertainty about their ability to continue paying their mortgages. Nose-diving home values, skyrocketing unemployment, increased taxes and ballooning payments have led many homeowners to the brink or past the brink of ... http://californialoanmodificationpros.com/news/?p=536#utm_source=feed&utm_medium=feed&utm_campaign=feed California loan modifications exceed the number of home loan modifications in all other states.  The California real estate market has been devastated in recent years and is expected to get worse as many adjustable rate mortgages are set to readjust between the 4th Quarter of 2009 and 1st Quarter of ... http://californialoanmodificationpros.com/news/?p=534#utm_source=feed&utm_medium=feed&utm_campaign=feed The foreclosure crisis is seen to be spreading into different classes. This is due to the joblessness rates continuing to rise. According to foreclosure data researcher company Realty Trac, there have been more or less 3.4 million homes projected to enter foreclosure before this year ends. And this event occurred ... http://californialoanmodificationpros.com/news/?p=507#utm_source=feed&utm_medium=feed&utm_campaign=feed The first day of November presents a better outlook for troubled borrowers. This day commenced that lenders would have a new, more benign way to report loan modifications sponsored by the government.” Through the guidelines of the Consumer Data Industry Association, lenders should report the loan modifications as “loan modified ... http://californialoanmodificationpros.com/news/?p=505#utm_source=feed&utm_medium=feed&utm_campaign=feed