Monthly Archives: August 2013

Obama to push for housing reform of mortgage giants

The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading

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Bay Area real estate mogul accused of sexual abuse

Clyde Berg, the South Bay real estate mogul, is facing charges of violently sexually abusing his wife, the Mercury News reports. Berg, 74, is accused, among other things, of chaining his wife, Ellena Berg, 37, to a bed for two … Continue reading

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Higher mortgage rates may mean easier credit

(Read more: Mortgage delinquencies suddenly spike) It is likely no coincidence that standards are easing as rates rise and mortgage applications fall. Total mortgage applications were down 47 percent last week from a year ago. Refinances, which had been the … Continue reading

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California property values poised to soar

click to enlarge Justin Sullivan/Getty Images file photo Real estate in San Francisco and around the Bay Area is poised for an upswing, much like the trend before the recession hit. In the half-decade before California was clobbered by its … Continue reading

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Top 5 Most Active VC Firms in the Bay Area

No. 5: Draper Fisher Jurvetson Number of deals in 2012: 60 Total money invested in 2012: $146,752,300 Total money invested in Bay Area companies in 2012: $90,483,500 Sample of Bay Area partners: Timothy Draper, founder and managing director Julia Cooper … Continue reading

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