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Members To Rally Against Foreclosure On Corona Synagogue
CORONA (CBS) — Thou shalt not foreclose on thy neighbors. That’s the message that members of Congregation Beth Shalom want to send to San Diego-based California Bank and Trust, known as CalBank, when...
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Corona Synagogue Facing Foreclosure Asks Mel Gibson For Donation, Fundraising...
LOS ANGELES (CBS) — Will a Hollywood superstar hoping to rehabilitate his public image partner with a struggling Southland synagogue? Board members of Congregation Beth Shalom in Corona reportedly...
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State Attorney General Signs $26 Billion Mortgage Deal With Banks
LOS ANGELES (CBS) — State Attorney General Kamala Harris signed a multi-billion dollar deal Thursday aimed at helping California homeowners. The deal would help people who are struggling with their...
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NACA To Help Struggling Homeowners, Prospective Buyers Through Monday
LOS ANGELES (CBS) — The Neighborhood Assistance Corporation of America (NACA) is back in Southern California to help both struggling homeowners and prospective home buyers. NACA’s American Dream Event...
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Activists Camp Out To Support Riverside Family Facing Eviction
RIVERSIDE (CBS) — Activists are camping out to support a family facing eviction from their foreclosed home. Former marine Arturo de los Santos and his family could be evicted from their home any time...
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Woman Arrested In Alleged Fraud Scheme Had Been Profiled In CBS2 News...
WESTMINSTER (CBS) — Two women were charged Wednesday in connection with a massive real estate scheme in Orange County and one of those women had previously been featured in a CBS2 News investigation....
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AG Harris Proposes ‘Bill Of Rights’ For Homeowners At Risk Of Foreclosure
LOS ANGELES (CBS) — There may be more relief on the way for struggling homeowners in Southern California. KNX 1070’s Charles Feldman reports the idea of a “Bill of Rights” is aimed at preventing the...
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Southern California Home Prices Climb In April
LOS ANGELES (AP) — Southern California home prices increased in April as the supply of properties for sale — especially low-cost homes in foreclosure — remained tight, a research firm said Wednesday....
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Suleman May Be Forced To Move After Court Tosses Her Bankruptcy Case
LA HABRA (CBS) — “Octomom” Nadya Suleman could soon be forced to move out of her La Habra home. Suleman’s bankruptcy case was tossed out of court after she reportedly failed fill out all of the...
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Newbury Park Woman Faces Eviction After Husband’s Suicide
NEWBURY PARK (CBS) — A woman is packing up her home after being served an eviction notice — a situation that drove her husband to commit suicide. “I lost my husband and it hurts me like hell,” said...
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Couple Found Guilty Of Vandalizing Foreclosed French Valley Home
MURRIETA (CBS) — A Riverside County jury has convicted a husband and wife of vandalizing their French Valley home after it slid into foreclosure, causing $100,000 in damage. Neighbors say Robert...
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Large OC Family, Including Child With Cancer, Blindsided By Eviction
ORANGE (CBS) — An Orange County family was kicked out of their home Thursday morning despite paying the rent on time, and, now, eight people, including a child with cancer, are homeless. “My brothers...
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Family Of 8 Allowed Back Home Temporarily After Being Evicted
ORANGE (CBS) — There is a temporary reprieve for a family of eight, including a child with cancer, who were evicted from their home in Orange on Thursday. Michele Gile, reporting for CBS2 and KCAL9,...
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Lawmaker: Homeowners’‘Bill Of Rights’ To Spur More Lender Lawsuits
SANTA ANA (CBS) — A landmark measure aimed at preventing lenders from throwing California homeowners out of their homes while renegotating their mortgages was one step closer to becoming law on...
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Realtors, Banks Warn Plan To Seize Distressed Homes May Backfire
SAN BERNARDINO (CBS) — A controversial plan to help struggling homeowners in the Inland Empire by invoking eminent domain in order to rescue distress properties was under fire on Friday. Local...
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City Attorney Sues US Bank For Alleged Blight, Illegal Evictions
LOS ANGELES (CBS) — The City Attorney announced on Tuesday a lawsuit against one of the nation’s biggest banks over alleged illegal eviction and maintenance practices. KNX 1070’s Ed Mertz reports...
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US Bank Accused Of Being A Slumlord To South LA, San Fernando Valley Homes
LOS ANGELES (CBS) — The city of Los Angeles is suing US Bank, the fifth largest bank in the country, accusing it of being a slumlord for homes in South LA and the San Fernando Valley. A lawsuit filed...
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L.A. County Home Sales Jump Nearly 12 Percent In June
LOS ANGELES (CBS) — Home sales in Los Angeles County jumped by 11.9 percent in June compared to a year ago, while prices rose by 2.2 percent, according to real estate firm DataQuick. Orange County...
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Opinion: Mitt Romney’s Bailout Double Standard
W. Mitt Romney is currently running for President with a campaign strategy of twisting President Obama’s words to imply that the President has a “foreign outlook” and believes that business owners did...
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93-Year-Old Woman Faces Foreclosure On West Hollywood Home
WEST HOLLYWOOD (CBSLA.com) — A 93-year-old woman is facing foreclosure after taking a second mortgage out on her West Hollywood home. Hilda Vinalas took out a loan after facing financial troubles...
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Owners Lose Possessions After Home Near Twentynine Palms Is Mistakenly...
TWENTYNINE PALMS (CBSLA.com) — The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence. A crew broke into Alvin and Pat...
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Woman Tries To Sell Home, Finds Out Bank Mistakenly Foreclosed It
MORENO VALLEY (CBSLA.com) — A Moreno Valley woman tried to sell her home, only to find out the bank mistakenly foreclosed it. Real estate agent Lisa Duarte had been showing Lily Diaz’s home in...
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11 Indicted In Loan Modification Scam
LOS ANGELES (AP) — Eleven people have been indicted by a Los Angeles federal grand jury for a loan modification scam that preyed on more than 4,000 financially distressed homeowners. Many of the...
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Calif. Home Prices Rise In September
SAN DIEGO (AP) — California home prices rose in September to a four-year high as the supply of properties for sale remained tight, according to surveys released Monday. The median price for new and...
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City Of El Monte To Fix Up Foreclosed Homes For Low-Income Families
EL MONTE (CBSLA.com) — The city of El Monte plans to buy bank-owned homes, fix them up, and then sell them to low-income families in an effort to combat foreclosures in the area. The idea is the...
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SoCal Foreclosure Rates Lowest In 6 Years
RIVERSIDE (CBSLA.com) — California has one of the highest foreclosure rates in the nation but overall filings in November reached a low not seen in six years, according to data published by Realty...
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Elderly Man Robbed, Beaten During Home Invasion
SAN BERNARDINO (CBSLA.com) — An elderly man was robbed and beaten in his San Bernardino home Wednesday, according to authorities. Although police say they have two teenagers they believe responsible...
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March Foreclosure Rates Lowest In 5 Years
LOS ANGELES (CBSLA.com) — The number of American homes reposed by lenders in March fell to the lowest level in more than five years, according to Los Angeles-based Realty Trac Inc. The foreclosure...
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LA Foreclosure Filings Down 13.3 Percent In June As Home Repossessions...
LOS ANGELES (CBS/AP) — Fewer U.S. homes entered the foreclosure process or were repossessed by banks in June according to a Los Angeles-based foreclosure listing firm. In the latest sign that the...
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Home’s Auction Shut Down Over Stray Voltage Concerns In Redondo Beach...
POMONA (CBSLA.com) — An auction for a foreclosed home was shut down Wednesday over stray voltage concerns in a Redondo Beach neighborhood. CBS2’s Adrianna Weingold reported that Tom Stolpman, an...
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Mayor Garcetti Helps Promote New Anti-Foreclosure Help Line
LOS ANGELES (CBSLA.com) — Los Angeles Mayor Eric Garcetti joined with community activists and homeowners Thursday to promote a new, anti-foreclosure help line. The help line is designed to keep more...
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7 Arrested For Alleged $6.2 Million Mortgage Scam
SAN BERNARDINO (AP) — Seven people have been charged with a mortgage loan scheme that bilked Southern Californians out of $6.2 million. State authorities say the men were arrested Wednesday on an...
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Home Prices Jump, Number Of Distressed Properties Drops In LA County
LOS ANGELES (CBSLA.com) — The number of distressed properties sold in Southern California and statewide has plunged dramatically over the last five years, resulting in higher home prices, according to...
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California Home Price Gains Slow In April
SAN DIEGO (AP) — California home prices rose in April at their slowest pace in more than a year, while sales fell but less dramatically, a real estate research firm said Wednesday. The median sales...
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Audit Shows ‘Significant Flaws’ In LA Foreclosure Registry Program
LOS ANGELES (CBSLA.com) — An audit of a Los Angeles foreclosure registry program aimed at combating neighborhood blight reveals “significant flaws” in the existing program, according to city officials...
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New Wave Of Foreclosures Hits SoCal
LOS ANGELES (CBSLA.com) — Homeowners across Southern California are getting hit with a fresh wave of foreclosures. KNX 1070’s Ed Mertz reports industry analysts say there’s been a 30 percent jump in...
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Number Of SoCal ‘Zombie’ Homes Drops By Half
LOS ANGELES (CBSLA.com) — “Zombie homes” in Southern California are finally moving off the markets. KNX 1070’s Ed Mertz reports a new report shows the number of homes located in the Los Angeles-Long...
View ArticleSan Fernando Valley Homeowners Hoping Obama Re-Fi Plan Will Stabilize...
NORTH HOLLYWOOD (CBS) — A slumping housing market in the San Fernando Valley could soon get a much-needed boost from a proposal by President Barack Obama to make it easier for struggling homeowners to...
View ArticleLocal Family Turns Their House Into A Billboard To Pay The Mortgage
BUENA PARK (CBS) — A Southland family is causing quite a stir in their neighborhood over a unique marketing campaign that turns their home into a brightly colored billboard. Scott and Beth Hostetler...
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Calif. Judges Vote To End Coronavirus Eviction Moratorium On Sept. 1
LOS ANGELES (CBSLA) – The Judicial Council of California voted Thursday to lift the moratorium on evictions and foreclosures beginning Sept. 1. Ady Carrillo poses in front of her car with a sign during...
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