CdM Entryway Conceptual Plans Approved

Thanks to Corona del Mar Today, those living in Newport Beach and Corona del Mar can read an update on the proposed CdM entryway redesign; part of the article follows:In a 6-1 vote at Tuesday’s City Council meeting, council members approved conceptual plans for a Corona del Mar entryway improvement. The plan would remove a …

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More mortgage relief from the White House – but congressional ‘ok’ doubtful

An summary update (by CAR.org) on the mortgage relief plan by the federal government, covering an article by The Mercury News: In his State of the Union Address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Details of that plan were released yesterday. However, funding for the …

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Distressed Real Estate Makes Its Way Into Obama’s Jobs Plan

In addition to refinancing assistance for mortgage holders, President Barack Obama’s proposed American Jobs Act includes a handful of elements that relate to the distressed real estate market, all part of what the administration has labeled Project Rebuild. The new $15 billion program is based on the Neighborhood Stabilization Program (NSP)… Read more about this …

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California expands ‘Hardest Hit’ eligibility for distressed homeowners

California has expanded the pool of borrowers who could qualify for three programs aimed at helping families at risk of losing their homes, by making those who tapped their home equity or who took out loans after Jan. 1, 2009, eligible for assistance. The California Housing Finance Agency (CalHFA) is administering nearly $2 billion in …

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