The plan is part of an economic stimulus package the governor expects to put before lawmakers to spur loan workouts.
Reporting from Sacramento -- Gov. Arnold Schwarzenegger on Wednesday proposed a 90-day freeze in pending home foreclosures to give California's financially pinched homeowners more time to get new or more affordable loans.The governor unveiled a foreclosure relief and long-term mortgage reform initiative as part of an economic stimulus package that he plans to put before lawmakers in a special session of the Legislature scheduled to begin today.
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Have we hit rock bottom in the real estate market?!
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Have we hit rock bottom in our real estate market? If you could see what I
see right now, you might think so. Right now there is a severe shortage of
hom...
15 years ago
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