Foreclosure Homes for $1,000? (San diego foreclosures)
SAN DIEGO----Accredited Home Lenders Holding Co. , a mortgage company specializing in non-prime residential mortgage loans, today announced results for the fourth quarter and year ended December 31, 2006.
Foreclosure, and terms related to the process, are fast becoming a part of conversations related to this real estate market slump.
A roundup of articles and data about the housing market.
SAN MARCOS -- The nation's troubled housing and mortgage markets will decline even further before they rebound, a prominent mortgage executive told a gathering of real estate agents at Cal State San Marcos on Friday.
Feb. 22--Mortgage professionals who are struggling with a national spike in residential foreclosure rates were warned yesterday to expect more of the same in 2007.
Shares of "subprime" lenders continued their decline Friday after federal bank regulators asked them to be more cautious when making the high-risk loans and scrutinizing borrowers' ability to repay them.
San Diego County real-estate foreclosure sales jumped more than sevenfold since January 2006 -- levels not seen since the real-estate downturn of the 1990s, according to the most recent figures released by the county.









