Housing Secretary Shaun Donovan said Sunday that a national freeze on foreclosures would “do far more harm than good,” pushing back against those calling for a blanket moratorium following claims that lenders may have used faulty paperwork to evict homeowners.  Donovan called the alleged corner-cutting “shameful” in a column published Sunday, days after attorneys general in all [...]

It’s hard to miss the news in real estate today: major lenders are investigating issues in their foreclosure processes. To date, GMAC (now Ally Financial), JPMorgan Chase and Bank of America have announced foreclosure freezes to review how their companies are handling the process. While most lenders have stalled foreclosure procedures in roughly half the [...]

Come out and see the work of artist John Denechochea.  John’s art will be displayed in the office from 6 to 9pm for October’s Second Saturday. Come on out and take a look, bring a friend. Office Location: 1913 Capitol Ave. Suite C Sacramento, Ca 95811 Angel Lynn Realty Realtor®

(Every Saturday from 10 am to 2 pm through October at Elkhorn Park). See a map. New this week will be winter squash and pomegranates. ORGANIC Soil Born Farms (certified organic), Rancho Cordova: Assorted winter squash (news this week) Green bell peppers Whaley Heirloom Veggies (non-certified organic), Sacramento: Beets Cherry tomatoes Heirloom tomatoes Assorted color [...]

On Thursday, Governor Schwarzenegger vetoed SB 1178 (Corbett), C.A.R.’s sponsored bill that would have expanded anti-deficiency protections. In his veto message, the Governor made clear his view that the bill interferes with an existing contract. While disappointed in the Governor’s misinterpretation of the bill, C.A.R. is grateful to the almost 13,000 California REALTORS(R) who urged him [...]