June 17, 2009
This is a great post from Mathew Padilla of OCRegister.com discussing the new foreclosure moratorium in California.
A state law halting home foreclosures for 90 days begins today, but companies can earn an exemption by showing they are already busy modifying loans.
The California Foreclosure Prevention Act, or Assembly Bill X2 7, which Governor Arnold Schwarzenegger signed [...]
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June 15, 2009
Will the ’shadow inventory’ stunt a housing recovery?
Source: — Tom Petruno, Los Angeles Times
After every bear market on Wall Street, some investors are reluctant to buy because they believe many other investors will be anxious to sell into any rebound, swamping the market and stunting any recovery.
And yet, bull markets get going anyway.
Now the same [...]
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Shandrow Group Featured in German Documentary on California Foreclosure Market
June 10, 2009Shandrow Group Goes International!
We’re proud to announce that Shandrow Group will soon be making its European television debut in a German “60 Minutes”-style documentary on the booming California foreclosure market.
We were honored to have Munich-based FOCUS TV Produktions GmbH along for the ride for an entire day last week as editor Kirsten Moser and her [...]