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Tag: loans

California Homebuying Program for Veterans Hands Out Few Loans

May 17, 2013 | 9:00 am

California Homebuying Program for Veterans Hands Out Few Loans

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by Aaron Glantz, Center for Investigative Reporting A state program designed to help California veterans buy homes granted just 83 loans last year, despite more than $1.1 billion in available funding. The California Department of Veterans Affairs employed 87 staff members to run the loan program, spending $10.6 million on overhead to originate $10.5 million […]

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Does Your Bay Area Neighborhood Have a High Wells Fargo Foreclosure Rate?

March 12, 2013 | 11:52 am

Does Your Bay Area Neighborhood Have a High Wells Fargo Foreclosure Rate?

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California is still struggling to get back on its feet after a devastating housing crisis. And Wells Fargo is partly to blame for the sluggish recovery because it is refusing to modify home loans, according to a coalition of homeowners groups. By foreclosing on homeowners who can’t make their payments, the San Francisco-based bank will […]

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