SACRAMENTO Subprime home loans subject to tighter rules The California Assembly has approved legislation that attempts to head off more housing foreclosures by putting some restrictions on the use of subprime loans.

The California Assembly has approved legislation that attempts to head off more housing foreclosures by putting some restrictions on the use of subprime loans.

The California Assembly has approved legislation that attempts to head off more housing foreclosures by putting some restrictions on the use of subprime loans. The bill by Assemblyman Ted Lieu, a Democrat from Torrance, would prohibit lenders from offering...

All last year they were among the state's top neighborhoods for foreclosures, those ZIP codes where the American dream of homeownership so often died.

Six months after it was announced, a plan by Gov. Arnold Schwarzenegger to help struggling California homeowners appears to have had limited impact on preventing foreclosures.

Although it is fortunate the Silicon Valley region has not been hard hit with foreclosures in comparison to the rest of the state, a California real estate and tax attorney believes foreclosures will be with us for some time.

SAN DIEGO - Home sales surged 22 percent in Southern California in April compared with March, as bargain-hunters bought lower-end homes in areas hardest hit by foreclosures, a research firm said Monday.

SAN DIEGO - Home sales surged 22 percent in April in Southern California as bargain-hunters bought lower-end homes in areas hardest hit by foreclosures, a research firm said today.

Santa Clara County foreclosures in April: 500 San Mateo County foreclosures: 118 Alameda County foreclosures: 558

FORECLOSURES RISE More than 1,000 California properties went up for sale at foreclosure auctions each weekday in April, according to ForeclosureRadar.