July 26, 2025

california

Mortgage

Californians report unraveling mortgage relief after the fires

California’s state-run mortgage relief program, announced in January by Gov. Gavin Newsom, had more than 400 financial institutions voluntarily sign up, agreeing they would not charge late fees, would not report late payments to credit agencies and would not demand “balloon payments,” which require borrowers to pay back their entire balance right at the end

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Investors

19% of California houses are owned by investors – Orange County Register

Relatively speaking, California is not a hot spot for housing investors. That’s a conclusion from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts. BatchData reviewed California ownership records to identify the state’s owner-occupied

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Funds

California Sues Trump To Hang Onto $4 Billion Of Bullet Train Funds

California’s high-speed rail system is under construction in the Central Valley, but needs tens of billions of dollars to connect to San Francisco and Los Angeles. California High-Speed Rail Authority California Gov. Gavin Newsom said the state is suing the Trump Administration after Transportation Secretary Sean Duffy announced his agency is clawing back $4 billion

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Funds

Community raises funds for Xavier Mendoza, Watsonville High student hospitalized for brain tumor – Santa Cruz Sentinel

WATSONVILLE — A fundraiser to support a Watsonville High School student-athlete, who was been in the intensive care unit since being hospitalized for a brain bleed June 30, has exceeded its initial goal of raising $20,000 to assist his family with medical costs and lost wages. Xavier Mendoza, a sophomore known to those close to

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Funds

Trump Pulls $4 Billion in Federal Funds From California’s High-Speed Rail

Trump Pulls $4 Billion in Federal Funds From California’s High-Speed Rail originally appeared on L.A. Mag. California’s high-speed train faces new uncertainty after the Trump administration announced a large federal funding cut.Courtesy aapsky via Adobe Stock In a move already sparking intense political and economic fallout, the Trump administration on Wednesday terminated $4 billion in federal

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Mortgage

Schiff denies Trump’s claims of mortgage fraud as Fannie Mae investigates senator

Sen. Adam Schiff (D-CA) on Tuesday denied accusations from President Donald Trump that he engaged in “possible mortgage fraud,” calling the allegations an attempt at “political retribution.”  Trump and Schiff have been at odds for years, with the Democratic senator having led a House impeachment of the president during his first term and establishing himself

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Investors

Where in California do investors own the most houses? – Orange County Register

Investors own more than half of all the houses in seven California counties. That’s one eye-catching nugget from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts. BatchData reviewed California ownership records to identify the

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Funds

With hundreds of millions of dollars at risk in Bay Area, lawsuit against Trump grows over grant funds – East Bay Times

As the Trump administration continues its attempts to impose conditions on federal grants, a coalition of 60 local governments — including the counties of Santa Clara, Alameda and San Mateo — is asking a federal judge to block the U.S. Department of Health and Human Services from adding stipulations to grants that could put hundreds

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Funds

With hundreds of millions of dollars at risk in Bay Area, lawsuit against Trump grows over grant funds – The Mercury News

As the Trump administration continues its attempts to impose conditions on federal grants, a coalition of 60 local governments — including the counties of Santa Clara, Alameda and San Mateo — is asking a federal judge to block the U.S. Department of Health and Human Services from adding stipulations to grants that could put hundreds

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Crypto

California police investigate ‘suspicious disappearance’ of Naiping Hou linked to cryptocurrency fortune

An active investigation is underway in Southern California for a missing man that police are calling a “suspicious disappearance.”  Investigators with the San Bernardino County Sheriff’s Department released new information in the hopes of locating Naiping Hou, a 74-year-old resident of Rancho Cucamonga. He was reported missing by his family on May 4, 2025, according

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