Oceanside council restricts new payday loan stores (North County Times)
OCEANSIDE -- Responding to a January request from a top Marine that the number of payday loan businesses around Camp Pendleton be limited, the Oceanside City Council approved restrictions Wednesday that make it virtually impossible for new lending stores to open.

Fresno Co. home sale outlook brightens (The Fresno Bee)
In a rare bit of good news, sales of new houses in Fresno County increased 16.6% in July from a year ago, although prices continued to fall, according to a company that tracks the marketplace.

California Court Orders Wells Fargo to Pay Over $1 Million for False Credit Reporting (PRWeb via Yahoo! News)
On August 30, 2007, the Superior Court in Rancho Cucamonga, San Bernardino County, California ordered Wells Fargo Home Mortgage to pay fees and costs of $283,594.45 in addition to a damages award of $765,000 to Reed and Mary Ann Fisher of Oceanside.

California Court Orders Wells Fargo to Pay Over $1 Million for False Credit Reporting (PRWeb)
On August 30, 2007, the Superior Court in Rancho Cucamonga, San Bernardino County, California ordered Wells Fargo Home Mortgage to pay fees and costs of $283,594.45 in addition to a damages award of $765,000 to Reed and Mary Ann Fisher of Oceanside. The Fisher's allegations against Wells Fargo arose out of a two-year uncorrected pattern of false and inaccurate credit reporting which damaged the ...

$5M Construction Loan Filed for U.S. 51 Property (The Memphis Daily News)
     Duck Lodging Inc. has filed a $5 million construction loan for property on U.S. 51 North in Millington. Separate documen....

Informa Research Services Shows You How to Use Your Home to Send Your Child to Their Home Away from Home (Business Wire via Yahoo! Finance)
CALABASAS, Calif.----We've all seen those stickers that proudly boast "University of Southern California Mom" or "Harvard Dad." What they should really say is "Pay to the Order of USC" or "Sending the Checks to Harvard University."

Incomes fail to keep pace with home values (Daily Citizen)
WASHINGTON (AP) — Shawn Talbot and Gerry Woodruff were hoping to stay in their new condominium for about three years before trading up to a single family home in suburban San Diego.They paid $431,000 for the three-story condo in 2005 — a hefty price in most markets. But with home values soaring in Southern California, they figured it wouldn't take long to build enough equity for a down payment ...

Loan rules tighten in a jittery market (Los Angeles Times)
Buyers find it tougher to qualify. PETER LEPORE and Cathy Tieri-Lepore began looking for a home three years ago when it was just the two of them. Today the Santa Monica couple are the parents of a 2-year-old. And they're still looking.

Mortgage woes hit E-Trade, Merrill (Los Angeles Times)
E-Trade cuts its profit outlook and Merrill Lynch is eliminating jobs at its sub-prime lending operation. -- Mortgage woes dealt a double whammy to the securities industry Monday as online broker E-Trade Financial Corp. slashed its 2007 profit forecast, citing losses on home-equity loans, and Merrill Lynch & Co. said it was cutting jobs at its sub-prime lending operation.

Subprime woes concern governor (Seattle Times)
Pacific Northwest Gov. Christine Gregoire says she's worried that the national problems with subprime home mortgages will plague many Washington...