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D-Day (Free subscription) | 07/10/2008
... avoid foreclosure by obtaining modified and affordable loans. Here is the information released by Brown’s office: The loans covered by the settlement are among the riskiest and highest defaulting loans at the center of America’s foreclosure crisis. Assuming every eligible borrower and investor participates, this loan modification program will provide up to $3.5 billion to California borrowers...
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California Progress Report (Free subscription) | 07/10/2008
By Frank D. Russo John Myers of KQED has a must read post with a juicy sound bite you can listen to from Governor Schwarzenegger as to who will be his likely successor as California’s next governor. The remarks come from Schwarzenegger’s answers to some questions this morning at...
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Sacramento Bee (Free subscription) | 08/10/2008
California will receive $5.6 million from Eli Lilly & Co., the largest part of a record $62 million settlement announced Tuesday by state Attorney General Jerry Brown.
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Daily News (Free subscription) | 08/10/2008
Shell Oil agreed today to crack down on cigarette sales to minors at more than 1,200 retail outlets throughout the Southland and across the state. Under the agreement, Houston-based Shell promised to draw up procedures aimed at reducing sales of tobacco products to young people at its franchise stores, according to state Attorney General Jerry Brown. Brown joined with 46 other...
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LAist (Free subscription) | 07/10/2008
California Attorney General Jerry Brown announced yesterday a 10-state settlement with Countrywide which will provide $8.68 billion of home loan and foreclosure relief nationally. California will get $3.5 billion of it . (AP Photo/Jakub Mosur) HotPads compiled a list of the top ten congressional districts with the highest foreclosure rates in the country showing that seven of those districts...
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Daily News (Free subscription) | 06/10/2008
CALABASAS - Calabasas-based mortgage lender Countrywide has reached a settlement with 11 states designed to provide up to $8.68 billion in relief to borrowers, including $3.5 billion to Californians, Attorney General Jerry Brown announced today. "With this settlement, homeowners will receive direct relief from the catastrophic damage caused by Countrywide," Brown said in a statement...
