Los angeles Mortgage News

Nearly 50% drop out of mortgage-relief program
Nearly half of the 1.3 million homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out. The program is intended to help those at risk of foreclosure by lowering their monthly mortgage payments. Friday's report... Foreclosure - Mortgage - Presidency of Barack Obama - Business - United States

Nearly 50 percent leave Obama mortgage-aid program
Nearly half of the 1.3 million homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out.

Mortgage rates drop to lowest level in 30 years
Mortgage rates fell to the lowest level in decades for the eighth time in nine weeks, a sign that investors are concerned about the weak economy.

Nearly 50 percent out of mortgage aid
WASHINGTON Nearly half of the 1.3 million homeowners who enrolled in the Obama administrations flagship mortgage-relief program have fallen out. The program is intended to help those at risk of foreclosure by lowering their monthly mortgage payments. Fridays report from the Treasury Department suggests the $75 billion government effort is failing to slow the tide of foreclosures in the ...

Document: Jamie McCourt also owner of Dodgers
LOS ANGELES (AP) -- Jamie McCourt's attorneys said Thursday they have located a document showing she has an equal stake in the ownership of the Los Angeles Dodgers and that the revelation will dramatically alter a bitter struggle for the team amid McCourt's divorce proceedings.

Good-faith estimates appear to be just that since rule change
Facing new penalties if they lowball estimates of upfront mortgage costs, lenders and brokers appear to be coming clean about how much borrowers will pay.

Nearly 50 percent leave Obama mortgage-aid program
Reed Saxon FILE - In this file photo taken July 21, 2010, a "bank owned" sign is seen on a home that is listed as a foreclosure on a HUD website, in Hawthorne, Calif. Nearly half of the homeowners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out.

National briefs: 8/21/10
WASHINGTON -- Nearly half of the 1.3 million home-owners who enrolled in the Obama administration's flagship mortgage-relief program have fallen out. The program is intended to help those at risk of foreclosure by lowering their monthly mortgage payments.