News, insight and some thoughts about the Sacramento-area real estate market
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March 29, 2008
A rescue plan gains steam
The Sunday New York Times takes an interesting look at a rescue plan being advocated for homeowners who owe more than their home is worth. This has potential as a way out of trouble for several thousand Sacramento-area homeowners.
Posted by Jim Wasserman, March 29, 2008 10:54 PM
JIM WASSERMAN
Bee Business Writer Jim Wasserman was born in Ohio and moved to California in 1979. As a reporter with The Fresno Bee and The Associated Press, Wasserman made a profession of watching California's explosive growth. He joined The Sacramento Bee in 2005 and the next year began covering real estate.SEARCH
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RECENT ENTRIES
- Tim Lewis Communities wins Powers honors for second year
- Countrywide's big security breach
- Rise of a "Painted Lady" in Midtown
- State says loan modifications rise sharply in July
- Congress now eyes a reprieve for down payment assistance
- Smaller banks take big losses with Fannie/Freddie move
- $3,995 to help you persuade your bank to do a loan modification
- Debt collectors rough up the innocent
- ABC News: Buy a new house, give the other back to the bank
- And suddenly...Wall Street embraces the housing world
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