sacramento: President Obama Targets Mortgage Securitization Abuses: It's About Time! - 01/26/12 12:55 PM
President Obama Targets Mortgage Securitization Abuses
President Obama announced a new task force during Tuesday's State of the Union address focusing on Mortgage Origination and Securitization Abuses.  The unit will be co-chaired by New York Attorney General Eric Schneiderman and will focus on investigating the financial institutions responsible for the housing collapse.
In the address Obama asked that federal prosecutors and Attorney's General work together to expand the investigation.
I bet some people start losing sleep
“This new unit will hold accountable those who broke the law, speed assistance to homeowners and help turn the page on an era of recklessness … (1 comments)

sacramento: Elk Grove Homes For Sale at 50% Off! - 12/13/09 10:39 AM
Elk Grove homes for sale at half price!
It has been a brutal few years for homeowners in Elk Grove California.  Prices are down as much as 50% from their highs a few years back.
And while that is a harsh reality for all of us that own homes, new homebuyers are essentially finding Elk Grove homes for sale at half price.  An entire population of first time homebuyers that had been priced out of the market now has a second bite at the apple.
I think most people would agree that Sacramento real estate has taken a beating, and the Elk Grove homes for … (1 comments)