Home » November 25th, 2011 Entries posted on “November, 2011”

Fremont woman sentenced for 5 years for foreclosure scam

A Fremont woman convicted of a foreclosure scam that targeted immigrant homeowners was sentenced to 5 years in prison Wednesday, Kamala Harris, California State Attorney General said. The name of the woman is Angeline Lisa Lizzarango, she is 69 years old and she was convicted of felony fraud and theft in connection with 11 scams [...]

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Bay Area home prices decline

The Bay Area’s median home price dropped 4% in last due to weak sales activity. DataQuick’s recent report shows that the median price for all houses and condos dropped to $350,000 from $365,000 in September. The price was the lowest in eight months and down nearly 9% from a year ago. The number homes purchased [...]

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Bay Area delinquency notices are up

October brought thousands of delinquency notes in the Bay Area, as lenders found their way through a backlog of distressed mortgages that began building a year ago, at least according to RealtyTrac’s latest report. “We are definitely seeing signs that lenders are ramping back up,” said Daren Blomquist, of RealtyTrac. “Delinquency notices are sent to [...]

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