Items Tagged with 'California'


AAG brings jumbo reverse mortgage program to California

Announces expansion of AAG Advantage lending program
Last year, American Advisors Group, an Orange, California-based reverse mortgage lender, unveiled a jumbo reverse mortgage program, called the AAG Advantage. The AAG Advantage program was initially launched in select states through the company’s retail channel in September, and now the company is making the AAG Advantage program available to its wholesale partner network in California.
Read More

[Photos] Here's how Jason Segel listed his home

Parts ways after one year
"How I Met Your Mother" star Jason Segel listed his home in Los Feliz, California. The actor barely lived in the home for more than a year before putting it back on the market. Even if it was only a year, check out these photos of where Segel called home for a short time, including its stunning backyard.
Read More

Fitch: Coastal home prices diverge

A tale of two cities
While seemingly similar upon first glance, a closer look shows that New York City and San Francisco are two very different cities. Fitch’s new report shows the main causes for the differences in the housing markets for each city.
Read More

California housing becomes more affordable

Eight out of nine Bay Area counties improve
Housing affordability has gotten better from 2015’s fourth quarter, but California still has a lot of catching up to do. CAR’s recent report shows the affordability percentage, and how it compares to 2008 and 2012.
Read More

California loss-mitigation bill creates more problems than it solves

Here are 8 unclear and dangerous provisions of bill
California continues its effort to pass a law that would require loan servicers to work with successors to borrowers on loss mitigation options. Unfortunately, SB 1150, while well intended, has the potential to create more problems than it solves. Here are just some of the unclear and dangerous provisions of bill.
Read More

California pending home sales decrease for third consecutive month

Real estate deals also become increasingly harder to find
It’s no secret that California holds some of the hottest markets for real estate, but its ever-increasing sales prices and lack of new inventory is reducing the number of sales. The California Association of Realtors made predictions for the 2016 market, but how close were those predictions to reality?
Read More

California AG backs expansion of Homeowners' Bill of Rights

Throws support behind bill that would help widowed spouses keep their homes
California Attorney General Kamala Harris is throwing her support behind a bill that expand the state’s Homeowners’ Bill of Rights to include a provision designed to help widowed spouses and children stay in their homes after the primary mortgage holder passes away.
Read More