Monthly Archives: July 2011

Falling Home Equity Spurs Fear of Strategic Default

Page 1 of 2 | Next PageShow Entire Article Yesterday a lot of folks, including myself, were slightly incensed at the announcement by mortgage insurer PMI that it is launching a pilot program offering cash bonuses to borrowers who stay … Continue reading

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Looking back on S.F. porn’s golden era

Pornography grosses more annual revenue than Hollywood’s film industry, but its history doesn’t seem to be as well understood – and certainly not as romanticized – as Tinseltown’s. Before porn became mass-produced on San Fernando Valley factory lines and beamed … Continue reading

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Should Everyone Get Bonus For Paying Mortgage On Time?

Page 1 of 5 | Next PageShow Entire Article At what point is moral hazard trumped by corporate survival and the cold hard need to get people to pay their mortgages? The answer is: Now. As home values continue to … Continue reading

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Presidio Bank Adds Client Expertise

Richard Cerf Joins as Relationship Manager SAN FRANCISCO–(BUSINESS WIRE)–Presidio Bank (OTCBB:PDOB), a Bay Area business bank, today announced that it has hired Richard Cerf as Senior Vice President/Relationship Manager in the San Francisco Regional Office. “Richard’s banking expertise combined with … Continue reading

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Calif. investors to plead guilty in bid-rigging

SACRAMENTO, Calif. — Eight California real estate investors have agreed to plead guilty in a bid-rigging scheme to buy foreclosed real estate at public auctions in two San Francisco Bay area counties, the U.S. Department of Justice said Thursday. The … Continue reading

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