Money

This category contains 14 posts

Educational workshops to address consumer credit and loan problems


Stockton— “Educational Workshops about credit and debt in our community will benefit our residents,” said Rosalinda Galaviz, Community Advocate in South Stockton.

“I have seen cases of individuals who cannot find an apartment or a house to live because their credit is hurting them,” Ms. Galaviz elaborated, “in the case of a Stockton resident, ‘I know,’ she is living with a friend by renting a room because her student loans as well as some medical bills are hurting her credit…”

During the morning of March 8th, —at the Kennedy Center located on Southeast Stockton—  Housing and Economic Rights Advocates and local Officials released information of a new monthly workshop series aim to educate local residents about mortgage and debt collection issues.

“We’re excited to be bringing more of our energy and focus into the Valley, and we’re starting with San Joaquin County,” said Maeve Elise Brown, Executive Director of HERA.

San Joaquin County Officials praised the plan, “I think HERA can help fulfill a need,” highlighted San Joaquin County Deputy District Attorney, James Lewis as he acknowledge underserved residents in the community.

Monica Hernandez is looking forward to the information because, “my ex-husband has drown my credit.”  Hernandez has been looking for help on reestablishing her credit as she would like to become a homeowner in a near future.

“Having the workshops southeast Stockton is great!” Galaviz acknowledge that some residents may encounter transportation issues; but, “by bringing the clinic to the neighborhood it helps.”

The series is underwritten by a grant from San Francisco-based van Löben Sels/RembeRock Foundation and the presenters will be offered by the Oakland based, Housing and Economic Rights Advocates.

HERA is a not-for-profit legal service and advocacy organization dedicated to helping California residents —particularly those most vulnerable.  The organization has been building a safe, sound financial future, free of discrimination and economic abuses, in all aspects of household financial concerns.

The San Joaquin County Human Services Agency and HERA are working together in elaborating the workshops and legal clinics calendar which will soon be published.  Anyone may obtain more information about the workshops by contacting Erté Boyette, Community Program Manager at (209) 468-1549 or by contacting HERA at (510) 271-8443.

Bilingual Weekly (BW News) – Your source of Local news covering topics of Latino interest in Stockton, California; and San Joaquin County.

If you missed it: The State of the Union Address


Remarks by the President in State of the Union Address

United States Capitol Washington, D.C. 9:10 P.M. ET

State of the Union Address

Continue reading

Energy Bills Increase in 2012


(bw) CALIFORNIA.— While the value of the dollar has decreased over the last several years and U.S. consumer prices increased to 3.4 percent over 2011 the cost of living continues to raise for Northern and Central California residents.

Continue reading

The 2011 Top 10 Stories Most Read


As we begin 2012, Bilingual Weekly’s newsroom extracted the top 10 most read stories during the last 352 days.  Please note that the top 10 stories were not selected by the Bilingual Weekly’s staff, our team ran the http://www.bilingualweekly.com English website’s analytics’ report which evaluates the hits received daily and it ranked each story from the highest number of hits to the lowest ranking in local news coverage. The following stories are briefs of the top 10 stories you, our readers clicked on.

Continue reading

Christmas Food Baskets: A Traditional Community Gift


STOCKTON, CA – Only a week away from Christmas, the League of United Latin American Citizens (LULAC) along with community members, and organizations, gathered to assemble nearly 1,600 food baskets for disadvantaged families in San Joaquin County.

Continue reading

State Controller Continues to find Discrepancy’s in Cities throughout California


Motebello, CA  – State Controller John Chiang today released his final review  of the City of Montebello, exposing possible pension spiking, payroll errors, a loose petty cash drawer, and systemic problems in the City’s internal controls of its Finances.

 

Continue reading

Campaign to Cut Waste: U.S. will stop Production of Excess Dollar Coins


By Mayra Barrios

WASHINGTON- Vice President Biden announced on Tuesday December, 13 that the U.S. Mint would suspend the production of Presidential dollar coins for circulation as part of the Obama Administration’s Campaign to Cut Waste.

An estimate of 1.4 billion surplus dollar coins are sitting in Federal Reserve vaults due to lack of demand for the coins. By halting this unnecessary production, the Administration will save taxpayers at least $50 million per year in production and storage costs. 

In 2005, Congress enacted the Presidential $1 Coin Act, which mandated that the United States Mint issue new Presidential $1 Coins with the likeness of every deceased President.  But more than 40 percent of the $1 coins that the United States Mint has issued have been returned to the Federal Reserve, because nobody wants to use them.

Nuevo Centro de ayuda Hipotecaria intenta ayudar a toda la región


Por Mayra Barrios

SACRAMENTO, CA -La  Asociación  Nacional Federal de Hipotecas conocida como en ingles como Fannie Mae se asoció con la organización sin fines de lucro NeighborWorks  para abrir un Centro de Ayuda Hipotecaria en Sacramento con el fin de ayudar a los propietarios de viviendas en todo el Valle de San Joaquín.

Continue reading

New Mortgage Help Center intents to help the whole region


“We also have a regional focus is not just Sacramento, but everything within this region including Merced, Modesto and Stockton.” – Mike Hernandez, Vice President of Foreclosure Prevention of Fannie Mae.

by Mayra Barrios
 
SACRAMENTO, CA -The Federal National Mortgage Association known as Fannie Mae partnered with the non-profit organization NeighborWorks and opened a Mortgage Help Center in Sacramento to help struggling homeowners throughout the San Joaquin Valley.
After the success of the nearest center in Los Angeles, the Sacramento center will provide free education and one on counseling services to families who have mortgages owned by Fannie Mae.
“When the opportunity to partner with Fannie Mae presented itself, we immediately knew we wanted this resource in our city,” said Pam Canada, CEO of NeighborWorks Home in Sacramento.
“We also have a regional focus is not just Sacramento, but everything within this region including Merced, Modesto and Stockton,” said Mike Hernandez, Vice President, and Foreclosure Prevention of Fannie Mae, at the center open house.
The mortgage crisis continues on the rise, according to Hernandez close to 3,000,000 households throughout the country are going to receive some type of foreclosure notice.
“The Hispanic community has been also affected and sometimes they do not get the right information,” said Hernandez, “[at the center] about half of our staff to speak Spanish.”
“The mortgage help center will provide critical services to thousands of homeowners in our region,” said Canada. ■

New Mortgage Help Center for region


by Mayra Barrios
 

SACRAMENTO, CA -The Federal National Mortgage Association known as Fannie Mae partnered with the non-profit organization NeighborWorks on Thursday, September 8, 2011 at 10 Am for an open house gathering of a new Mortgage Help Center in Sacramento to help struggling homeowners throughout the San Joaquin Valley.
After the success of the nearest center in Los Angeles, the Sacramento center will provide free education and one on counseling services to families who have mortgages owned by Fannie Mae.

Continue reading

California Law Firm Nailed for Mortgage Scam


www.bilingualweekly.com

New America Media, News Report, Suzanne Manneh, Posted: Aug 19, 2011

SAN FRANCISCO, Calif.—An extensive mortgage-fraud ring led by the law firm Kramer and Kaslow has been stopped in its tracks, and the firm now faces national scrutiny following a lawsuit filed by the California Department of Justice (DOJ) and the State Bar of California. Kramer and Kaslow is headquartered in Calabasa, Calif., and has an office in San Francisco.

Continue reading

Wells Fargo Sued in Reverse Mortgage Dispute


A mini branch inside of a Pavilions grocery st...

Image via Wikipedia

New America Media, News Report, Viji Sundaram, Posted: Aug 10, 2011

SAN FRANCISCO – A California resident has become yet another victim of the reverse mortgage program that is making it difficult for him to stay in the home he grew up in.
Continue reading

Stockton’s State is Like Making Lemonade: Johnson Said


IMG_5226

www.bilingualweekly.com

(bw)“This great recession has not been kind to the City of Stockton,” Mayor Ann Johnson shined light to the challenges facing the port city with optimism, “I am a supreme optimist,” said Johnson on her 2011 State of the City address on

Continue reading

2010/2011 Second Installment Secured Property Tax Due


San Joaquin County via Bilingual Weekly

 San Joaquin County, CA – Although the Administration Building sustained some water damage due to a recent sprinkler incident, the Treasurer and Tax Collector’s office will keep business hours as usual.

 Shabbir A. Khan, San Joaquin County Treasurer & Tax Collector, made an announcement today to remind property owners that the second installment of 2010-2011 property taxes is due and payable on February 1, 2011 and becomes delinquent after 5:00 PM on April 11, 2011. Continue reading

%d bloggers like this: