17 Articles match "2008","Los Angeles"

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• Mayors Predict Rising Foreclosures in 2008
  
  billion in economic activity in 2008, followed by Los Angeles at $8.3 Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• More Trouble for Ed McMahon
  
  The Los Angeles Times reported today that McMahon is being sued by Westmoore Lending of Huntington Beach, Calif., Filed in Los Angeles Superior Court, the lawsuit alleges that loan documents show McMahon had committed to paying $3,125 a month for the first five months and then paying off the remainder of the loan in one final payment of $253,125. Things seem to be going from bad to worse for Ed McMahon, former sidekick to Johnny Carson on “The Tonight Show” and corporate spokesman for the American Family Publisher’s sweepstakes. to collect on a
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Buyers Come Out in Droves For LA Auction
  
  But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. REDC) drew an estimated 1,800 potential homebuyers and investors to the Los Angeles Convention Center recently in the sort of frenzied buying environment not seen since the boom days of foreclosures of the early 1990s. Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
  
  An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. Overall,the foreclosure rate in the Los Angeles region has doubled sinceOctober, according to RealtyTrac Inc., Make a comment or send us an e-mail . Posted 03-29-2006 6:49 PM by darenb Filed The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Home Prices Fall Deeper Into the Abyss
  
  percent), Los Angeles (-24.5 Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie, Brooks’ character nervously sweats every time he even thinks about getting into an elevator.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Crisis Sparks Surge in Arson
  
  We’ve seen a dramatic increase in this kind of fraud,” Dan Bales, the head of fraud investigations at Mercury Insurance, told the Los Angeles Times . “People Foreclosure arson has doubled in California from 7 homes last year to 14 homes so far in 2008, according to insurance officials. In desperate times people resort to desperate measures. Facing foreclosure, some homeowners are setting fire to their homes for the insurance money.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Room Enough for a Catnap
  
  The original report that went out said they were mountain lions, according to The Los Angeles Times . In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting. What are they waiting for?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fed's Latest Moves No Real Surprise
  
  Remarking on the Fed’s rescue of AIG, the Los Angeles Times commented this morning that it seems to be an “abrupt about-face” in position considering that the Fed did not bail out Lehman Brothers as it filed for bankruptcy protection (after having bailed out Bear Stearns earlier this year). Financial analysts who were hoping for some downward movement on interest rates yesterday by the Federal Reserve were disappointed as Ben Bernanke and his merry band unanimously voted to do nothing. Following what is now a familiar and conservative wait-and-see strategy
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Fade in World Series Spotlight
  
  And foreclosures are just the tip of the iceberg when it comes to the city’s economic woes, reports the Los Angeles Times , which cites the decline of the automotive industry as the primary culprit. The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history. The Tigers have given local fans a chance to momentarily forget about another dubious distinction: that they reside in a city with one of the highest foreclosure rates in the nation .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Robbins Pumps Up Investors at Annex Expo
  
  Next stop: the Los Angeles Convention Center this weekend, March 10 & 11. Posted 03-07-2007 9:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend ATLANTA, GA — “We just want to . . . (clap) . . . PUMP . . .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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