Suspending foreclosures little help

A new report shows that the recent moratorium on foreclosures likely didn't help. Many of those homeowners will wind up losing their houses anyway. HousingWire cited a report by Clayton Holdings, Inc., a consultant to banks, which said early...read more »

Profile of a home buyer

Financial literacy is an issue with many home buyers. An annual survey of home buyers in California showed that 32% of those who bought a house in 2009 in a traditional transaction (not from a bank) did not know...read more »

Valley projects get some stimulus

Two affordable housing developments in the central San Joaquin Valley are getting a $16 million boost from from federal government stimulus funds. Provisions in the American Recovery and Reinvestment Act allow developers to exchange tax credits - which are...read more »

  • Tax refunds for Madoff victims?

    Bernard Madoff left behind thousands of investors in financial ruin. His estimated $65 billion global Ponzi scheme -- which the court called "extraordinarily evil" -- robbed individuals, banks, universities, even charities.

  • Bing adds zing to Web search

    For the last 15 years, Microsoft's master business plan seems to have been, "Wait until somebody else has a hit. Then copy it."

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