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Tag: foreclosure

Little Money Spent, Few Helped in State Program for Struggling Homeowners

May 31, 2012 | 1:53 pm

Little Money Spent, Few Helped in State Program for Struggling Homeowners

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by Aaron Glantz, The Bay Citizen On June 15, Wells Fargo is set to auction off Gayline Hudson’s home in Oakland’s Fruitvale District. Hudson, who bought the two-bedroom house for $370,000 in 2005, lost her job as an adult education teacher when the Oakland Unified School District laid her off last June. The 44-year-old now […]

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Texas Firm Sues Calif. Homeowners With Foreclosed 2nd Mortgages

May 24, 2012 | 1:45 pm

Texas Firm Sues Calif. Homeowners With Foreclosed 2nd Mortgages

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by Rick Jurgens, California Watch Adding new uncertainty in the state’s ongoing mortgage crisis, a Texas company is aggressively pursuing hundreds of Californians to collect second-mortgage debt – on homes they’ve already lost through foreclosure. Many of these former homeowners believed their mortgage debt had been erased after their houses were taken by banks and […]

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New Foreclosure Numbers: Vallejo-Fairfield Fourth Highest in the Nation

August 11, 2011 | 1:07 pm

New Foreclosure Numbers: Vallejo-Fairfield Fourth Highest in the Nation

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One out of every 140 housing units in the Vallejo-Fairfield metro area is facing foreclosure, according to the latest numbers from RealtyTrac’s U.S. Foreclosure Market Report for July 2011, making the North Bay region the fourth most-impacted in the country.  This is a 33 percent jump for the region since last month.   Statewide, the […]

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