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HousingWire

Bank of America to Pay Record $16.65 Billion to Settle Mortgage Claims

Source: LA Times

In what amounts to the largest settlement by a single company in U.S. history, the Justice Department has announced that Bank of America Corp. will pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom. California will receive $300 million from the settlement to reimburse the CalPERS and CalSTRS pension funds. Read the full story: http://www.latimes.com/business/la-fi-bank-of-america-settlement-justice-mortgage-countrywide-20140821-story.html

3 Facts Crippling California's Housing Recovery

Source: HousingWire

While California’s job growth and economy continue to improve, major hurdles remain for housing’s recovery. Firstly, affordability is a huge concern as rapid home price increases, mixed with a lack of affordable inventory is leaving little room for first-time borrowers to jump into the market. Tight credit and stagnant incomes are another concern if prices remain high.

Read the full story: http://www.housingwire.com/articles/31101-facts-crippling-californias-housing-recoveryHousing

Construction Surges in July

Source: The Hill

During July, housing construction hit its highest level in eight months as the sector shows signs of picking up pace in the second half of the year. After two months of drops, construction jumped 15.7 percent last month to a seasonally adjusted annual rate of 1.09 million homes, the fastest pace since the 1.11 million posted in November, according to the Commerce Department.

Read the full story: http://thehill.com/policy/finance/215472-housing-construction-surges-in-july

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La Mesa Weather

Latest La Mesa Activity

Frank Robert Dittmer posted a blog post

A Cut Above

We, at "What A Dish!" La Mesa, are excited that the shop has been mentioned in the September issue…See More
yesterday
Anne Pacheco posted an event

International Day of Peace at Aztec Park

September 21, 2014 from 4pm to 5pm
All are invited to participate. There will be “words of peace” as expressed by various faith…See More
yesterday
An event by Anne Pacheco was featured

International Day of Peace at Aztec Park

September 21, 2014 from 4pm to 5pm
All are invited to participate. There will be “words of peace” as expressed by various faith…See More
yesterday
Frank Robert Dittmer posted a status
"Hi everyone, "What A Dish!" is in the September issue of San Diego Home/Garden magazine. Check it out."
Wednesday
David Stanley commented on La Mesa Today's blog post 'Weekly Crime Report'
""Seatbelts". I just cannot understand the refusal to wear them. Regardless of the excuse,…"
Wednesday
Barbara Stevens commented on La Mesa Today's blog post 'La Mesa City Council'
"I think the real solution would be to make it a crime to leave flyers on your own…"
Wednesday
An event by Emily Koltak was featured
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Grossmont High School Marching Band Craft And Vendor Fair at Grossmont HIgh School Old Gym

October 18, 2014 from 8am to 2pm
Please join us and help support the Grossmont High School music program and local crafters.…See More
Wednesday
3 blog posts by La Mesa Today were featured
Wednesday
Matthew Smith is now a member of La Mesa Today - Community Website & Online Newspaper
Wednesday
Jack Leary posted blog posts
Tuesday
Grossmont High School NJROTC shared Amy Stirnkorb's page on Facebook
Tuesday
Grossmont High School NJROTC commented on Amy Stirnkorb's page 'La Mesa News'
"GROSSMONT HIGH SCHOOL NJROTC ARTICLE #1, WEEK OF 8/16/14 FIRST YEAR (NS-1) CADET SUMMER…"
Tuesday
Stephanie Murphy liked Frank Robert Dittmer's blog post Labor Day: Summer's Last Gasp
Monday
Elaine Arapostathis liked Gina Garcia's blog post On La Mesa: Gina Garcia
Monday
Frank Robert Dittmer posted a blog post

Labor Day: Summer's Last Gasp

Bringing The Outside Inside…See More
Monday
A blog post by Frank Robert Dittmer was featured

Labor Day: Summer's Last Gasp

Bringing The Outside Inside…See More
Monday
alyze dreiling posted a blog post

YPO Auditions

The Award-Winning YPO Soloists Ensemble and Sinfonietta, Alyze Dreiling Artistic Director and…See More
Monday
An event by Gina Garcia was featured

Pop-Up Art Exhibit Closing Reception at Grossmont Center

August 31, 2014 from 12pm to 5pm
Please join us for the Closing Reception of theLa Mesa Arts Alliance and Grossmont CenterPop-up Art…See More
Sunday
Gina Garcia posted an event

Pop-Up Art Exhibit Closing Reception at Grossmont Center

August 31, 2014 from 12pm to 5pm
Please join us for the Closing Reception of theLa Mesa Arts Alliance and Grossmont CenterPop-up Art…See More
Sunday
Patricia I. O'Reilly commented on Gina Garcia's blog post 'On La Mesa: Gina Garcia'
"Those are all excellent ideas, Gina, and definitely should be shared with the City's Community…"
Sunday

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