Bakersfield Mortgage Lenders

Three family members who pleaded no contest to conspiracy and grand theft in a multi-million dollar mortgage fraud scheme were sentenced. may not be possible to find every victim because the.

but the number of homes with upside-down loans is creeping down, according to figures a Santa Ana-based real estate firm released Wednesday. In Bakersfield-Delano, 44.9 percent, or 66,424, of all.

A federal proposal that would make it easier for underwater homeowners to refinance their mortgages is a nice idea, but isn’t likely to help Bakersfield’s beleaguered houseing market, local real.

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Get quick personal loan in Bakersfield CA | business, home loans in Bakersfield CA During this time period, Hernandez was employed at mortgage brokerages in Bakersfield. The defendants submitted to lenders loan applications that included material misstatements concerning the.

Owners of more than half of all mortgaged homes in Bakersfield are upside down on their loans. That’s according to the latest data from First American CoreLogic, released Thursday. In Bakersfield,

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And mortgage lenders were willing to finance it all – no matter how. Share your thoughts and tell us what you remember. Email us at [email protected] or comment below.

These mortgages make it possible for property owners to borrow. of the PACE program will end homeowners’ ability to finance such home improvements. Bakersfield contractors, who have generally.

Bakersfield’s housing boom was absurd in retrospect. loans," when virtually everyone could qualify to buy a home, anyone could sell one and mortgage lenders were willing to finance it all, no.

primarily in the Bakersfield, Calif. area, the defendants submitted loan applications to lenders containing false and fraudulent information, and caused lenders to fund mortgage loans based on such.

FRESNO, CA-In three separate cases, defendants convicted of carrying out mortgage fraud schemes. to purchase residential properties in Bakersfield. The loan applications the conspirators submitted.

The indictment alleges that in brokering loans for the purchase or refinance of homes, primarily in the Bakersfield area. through the san joaquin valley mortgage Fraud Task Force. The U.S. Attorney.

Mortgage Lender Services, which earlier had foreclosed on the property. “The building was built in 1933, and has been home to the country music that helped define Bakersfield,” Balfour said.

During this time, Eric Hernandez and Evelyn Sanchez were employed at mortgage brokerages in Bakersfield. The defendants submitted loan applications to lenders that included material misstatements.