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| Feds, states, banks agree to mortgage settlement - USA Today Hundreds of thousands of borrowers are also expected to receive restitution, averaging $1500 to $2000, if they lost homes to foreclosure from 2008 ... one official estimated. If so, California officials said in a statement that state would ... |
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| Where the U.S. Solar Industry Is Shining - Businessweek That’s a boon for California companies such as SunRun ... The residential market for solar is still nascent, with less than 0.1 percent of U.S. homes outfitted with panels. That number could climb to 2.4 percent by 2020, estimates Bloomberg ... |
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| Mortgage Deal Props Up California House of Cards: Steven Greenhut - Bloomberg In California’s coastal communities, it can take years to gain the government approvals necessary to build a new subdivision, so the market couldn’t respond. As a result, the stock of existing homes soared in price and builders went into the ... |
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| Officials say $25-billion foreclosure deal will help heal market - Orlando Sentinel "It’s also about requiring them to help the people they harmed by funding efforts to help homeowners stay in their homes." The deal between federal officials, attorneys general from California and 48 other states, and the five servicers ... |
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| UPDATE 4-U.S. banks agree to $25 bln in homeowner help - Reuters The deal, to be spread out over three years, requires the banks to cut mortgage debt amounts and extend $2,000 payments to borrowers who lost their homes to foreclosure ... of Consumer Advocates. California, the state that has suffered around ... |
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