Southern California Mortgage Crisis

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Inland Empire Foreclosure Prevention Seminars

22. June 2009

The Inland Empire Economic Recovery Corporation administers free foreclosure prevention seminars that feature a HUD-approved housing counselor who speaks on default avoidance, renegotiation, short sale, forebearances, and other topics of interest to struggling homeowners. Additionally, HUD counselors and/or bank representatives will meet with attendees to discuss their specific circumstances and inform them whether they qualify [...]

Springboard Seminars 2009

19. June 2009

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2009 Educational Seminars Ask about having one of our education experts present a workshop to your group or business. Call 1-800-947-3752 ext. 7820 or email education@credit.org to arrange a date and time. • The Power of Paycheck Planning – This informative and entertaining seminar will show you how to take control of your finances by learning to budget your paycheck [...]

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The median price for an existing, single-family detached house in California declined 30 percent to $267,570 -CA Assoc. of Realtors [#]
California ranked highest nationally in the overall number of foreclosure filings in May, totaling 92,249, according to RealtyTrac. [#]
Survey by U of Michigan reports 77% of homeowners in West experienced value declines, the nation's highest rate, compared to 51% in South. [#]
As of today, California is imposing a 90-day foreclosure moratorium. It's the California Foreclosure Prevention Act. [#]
The number of foreclosures filed in May was so high as to make May the third highest month on record. [#]

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