Mortgage Calculator    Mortgage Library    Schools    Moving    Real Estate News              Bill & Lynn Lustig Mobile 310.770.0283   Real Estate News  L.A. Times - Real Estate News Updated : Obama proposes refinancing plan for underwater homeowners The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages.   Author : By Jim Puzzanghera, Los Angeles Times Publ.Date : Thu, 2 Feb 2012 07:27:00 PST Home prices decline for a third straight month The Standard & Poor's/Case-Shiller index of 20 large U.S. cities fell 1.3% in November from October as foreclosures continue to drag down the housing market. Three straight months of home-price declines in the biggest U.S. cities showed that foreclosures remain a significant drag on a housing market that is entering its fifth year of deterioration. Author : By Alejandro Lazo, Los Angeles Times Publ.Date : Wed, 1 Feb 2012 00:00:00 PST Brad Pitt, Angelina Jolie sell Malibu house to Ellen De Generes The talk show host pays $12 million for the 4,088-square-foot house with four bedrooms and four bathrooms. The ocean-view home sits on 1.26 bluff-top acres with beach access. In one of the more talked-about transactions in town, actors Brad Pitt and Angelina Jolie have sold their Malibu beach house to daytime host and comedian Ellen De Generes for $12 million. Author : By Lauren Beale, Los Angeles Times Publ.Date : Sun, 5 Feb 2012 00:00:00 PST Homeowner wins back her house after fighting foreclosure Karen Mena managed to get a foreclosure on her San Bernardino home rescinded. But she continues to negotiate with Bank of America over loan terms and could still lose the house. Foreclosure commonly represents the end of a struggle. A borrower can't pay a mortgage, loses a home and moves on. Author : By Alejandro Lazo, Los Angeles Times Publ.Date : Sun, 29 Jan 2012 00:00:00 PST Many homeowners decide remodeling is wiser than moving They don't believe they can sell their property for what it's worth, so they're spending money on making their homes more comfortable. Do you fit any of these descriptions? Author : By Kenneth R. Harney Publ.Date : Sun, 5 Feb 2012 00:00:00 PST White House details mortgage refinancing plan for homeowners The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments. Author : By Jim Puzzanghera and Lisa Mascaro Publ.Date : Wed, 1 Feb 2012 08:15:00 PST

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