Bank of America has begun writing down principal on the mortgages of some troubled borrowers in California through a state program intended to help people facing foreclosure.The bank has signed on to the principal reduction component of the Keep Your Home California program, which uses federal funds reserved for the 2008 rescue of the financial system to help homeowners … [Read more...] about Bank of America agrees to write down California mortgage principal
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Foreclosures spawn investor-subsidized rental push
A plan for Fannie Mae and Freddie Mac to subsidize investors who buy foreclosures is among foreclosure-reduction strategies that have been considered by the Obama administration, according to a former White House economist.Also last week, a bill was introduced in Congress that would permit Fannie Mae, Freddie Mac and banks to rent out foreclosed houses for up to five years. … [Read more...] about Foreclosures spawn investor-subsidized rental push
CrimeMapping.com – Hesperia CA
A useful crime map for Hesperia. Many other communities throughout the United States can also be searched.CrimeMapping.com - Hesperia, CA … [Read more...] about CrimeMapping.com – Hesperia CA
Victorville pins hopes on revamped George Air Force Base
Four years after the housing bubble burst, this once-booming desert city far northeast of Los Angeles is nursing an economic hangover that won’t quit: one of 67 homes is in some stage of foreclosure, unemployment is nearly 17 percent and the busiest place in the threadbare historic downtown is a thrift store attached to a food bank.Yet beyond the foreclosure signs and … [Read more...] about Victorville pins hopes on revamped George Air Force Base
Hesperia Enterprise zone meant tax credits for 140+ employees
Businesses in Hesperia’s enterprise zone have picked up tax credits for more than 140 employees since 2010. via Enterprise zone meant tax credits for 140+ employees | zone, employees, enterprise - Hesperia Star - The Star of the West. … [Read more...] about Hesperia Enterprise zone meant tax credits for 140+ employees