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Right Column
In the News - Subprime Lending
On November 21, 2007, Governor Schwarzenegger announced an agreement with several loan servicers to streamline the loan modification process for subprime borrowers living in their home, making timely payments and likely to default when their loan jumps to a scheduled higher rate. If your lender is listed below, you may be one of the many Californians who qualify for assistance. Contact your lender for more information (contact information is below)..
Carrington Mortgage Services
Countrywide Home Loans
GMAC Mortgage, LLC
Home Loan Services, Inc.
Homeq Servicing
HSBC Mortgage Services
Litton Loan Servicing
OCWEN Loan Servicing, LLC
Option One Mortgage
Wilshire Credit
Information on Nontraditional Loans
California Subprime Loan Agreement
In the News - Subprime Loan Agreement
2009
- November 9, 2009
The Commissioner releases results from the Department of Corporations Survey of Loan Servicers - January through August 2009 - June 15, 2009
The Commissioner releases 2009 First Quarter results from the Department of Corporations Survey of Loan Servicers
First Quarter 2009 - March 9, 2009
The Commissioner releases 2008 Fourth Quarter results from the Department of Corporations Survey of Loan Servicers
Fourth Quarter 2008 -
March 7, 2009
Governor Schwarzenegger Discusses President Obama's Homeowner Affordability and Stability Plan in Weekly Radio Address
Weekly Radio Address - March 7, 2009
2008
- November 5, 2008
Governor Schwarzenegger Prescribes Solutions to Keep Californians in their Homes
Offers Special Session Plan for Immediate Foreclosure Relief, Long-Term Mortgage Reform to Help Stabilize California's Economy - October 29, 2008
Gov. Schwarzenegger Highlights Subprime Mortgage Agreement’s Progress in Preventing Foreclosures
- October 27, 2008
The Commissioner releases the Third Quarter 2008 results from the Department of Corporations Survey of Loan Servicers
Third Quarter 2008 - September 9, 2008
The Commissioner releases the July 2008 results from the Department of Corporations Survey of Loan Servicers
July 2008