Tarnish on the Golden State: underwater mortgages, a glut of distressed sales and a shortage of jumbo loans have brought dark clouds over the normally ... Retail): An article from: Mortgage Banking

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Title: Tarnish on the Golden State: underwater mortgages, a glut of distressed sales and a shortage of jumbo loans have brought dark clouds over the normally sunny California housing market. And yet, first-time buyers are taking advantage of newly affordable homes.(Cover Report: Wholesale Retail)
Author: Howard Schneider
Publication:Mortgage Banking (Magazine/Journal)
Date: December 1, 2009
Publisher: Mortgage Bankers Association of America
Volume: 70 Issue: 3 Page: 28(5)

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