Economist sees full recovery in 15 months

Economist sees full recovery in 15 months – News – HesperiaStar.com – Hesperia, CA.

Study predicts Inland Empire to have highest economic growth in the state

Study predicts Inland Empire to have highest economic growth in the state – News – VVdailypress.com – Victorville, CA.

Ranchero Interchange Reaches Halfway Point

HESPERIA • Commuters who pass the construction area of the Ranchero Road Interchange should be pleased to hear that the project has reached the halfway point, according to a San Bernardino Associated Governments official. More from the Daily Press.

San Bernardino County abandons eminent domain mortgage plan

San Bernardino County and two of its cities abandoned a plan that would use eminent domain to seize troubled mortgages and write down debt for homeowners. via San Bernardino County abandons eminent domain mortgage plan – latimes.com.

Freddie Mac clears mortgage principal reduction in more states

Freddie Mac will allow mortgage servicers to apply federal taxpayer dollars to reduce principal or pay past due balances for struggling borrowers in all states that have designed such programs. “Effective immediately, (servicers) should participate in state (housing finance agency) modification assistance programs that permit (servicers) to apply funds as a partial principal curtailment for […]

Eminent domain gambles with local mortgage credit

“The legality is not an impediment to this program. Eminent domain is never popular. But the Supreme Court has very seldom, if ever, found local governments use of eminent domain as unconstitutional,” said Richard Friedman, managing attorney for Neal & Leroy, during a Source Media webinar for bond investors Thursday. via HousingWire | Eminent domain […]

San Bernardino Eminent Domain Fight Closely Watched By Other Struggling Communities

The proposal also comes amidst broad frustration with the Obama administration, which has so far refused to offer a broad-based plan to bail out underwater borrowers, even as taxpayers have spent hundreds of billions of dollars to prop up banks. via San Bernardino Eminent Domain Fight Closely Watched By Other Struggling Communities.

Hesperia | Strong Cities Strong State

A blog about Hesperia and future projects which are now underway! A desert community located at the top of the Cajon Pass, Hesperia has become known, not only for affordable housing, but also for the pleasant desert climate, beautiful scenery, stunning sunsets and clean air. Just minutes from the Cajon Pass, Hesperia provides hometown essence […]

SANBAG approves $44M for Ranchero interchange

Victor Valley motorists are closer to being able to get off Interstate 15 a little earlier, thanks to a decision by a regional transit authority. San Bernardino Associated Governments voted 24-0 on Wednesday to divert money from previously approved but now stalled regional transportation projects and send those funds to the long-awaited Ranchero interchange project. […]

Everything You Need to Know About the High Desert Freeway

Via The Source, Metro has released a new-fangled interactive map for its High Desert Corridor freeway project–it has all the latest crowdsourcing capabilities and even allows users to blast their comments on the project to social media sites. The map also has layers that show users all the juicy planning details, like route variations and […]