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Foreclosure Prevention Scam Alert

LOAN MODIFICATION SCAM ALERT
It’s a growing problem across the country: Homeowners facing foreclosure are losing their money – and their homes – to loan modification scams. Information is your best defense. If you see the signs of a scam and know the facts, you can protect yourself. http://www.loanscamalert.org/_images/image-ecard-promo.jpg

Elsa Monte joins NHS OC Board of Directors

Elsa Monte, Community Reinvestment Officer at Sunwest Bank has re-joined the NHS OC Board of Directors. Monte has a long history of volunteer service to NHS OC including serving on the Executive Committee and chairing the Asset Management Committee.

OCHT 2010 Speakers Series Featuring Congressman Royce

PWR & The Orange County Housing Trust Present a Special Congressional Update with the Honorable Ed Royce and Prof. Kerry Vandell P.H.D. from The Center for Real Estate!

They will present an overview of the housing markets and real estate financing going forward-taking into account the actions of Congress’ Financial Services Committee as well as the future [...]

HUD Secretary Donovan Announces $318,046,837 in Rocovery Act Grants To Stabilize Neighborhoods, Rebuild Economies in California

HUD NEWS

U.S. Department of Housing and Urban Development – Shaun Donovan, Secretary

Office of Public Affairs, Washington, DC 20410

HUDPH-113                                                                                                                FOR RELEASE

Larry Bush                                                                                                                   Thursday

(415) 489-6414                                                                                                              January 14, 2010

http://www.hud.gov/news/index.cfm

HUD SECRETARY DONOVAN ANNOUNCES $318,046,837 IN RECOVERY ACT GRANTS

TO STABLIZE NEIGHBORHOODS, REBUILD ECONOMIES IN CALIFORNIA

Neighborhood stabilization grants [...]

Foreclosure Intervention, by Peter S. Goodman

What do you all think?

“By PETER S. GOODMAN

Half a million troubled homeowners have seen their loan payments lowered under an Obama administration relief plan, the Treasury announced on Thursday, claiming a significant milestone in the effort to spare families from foreclosure.

Unaffordable mortgages are now being modified at a pace faster than [...]