Press Enterprise - "Rate of Inland foreclosures is expected to rise because of risky loans easily obtained" (4-22-07)

" Inland home foreclosures this year have increased more than ninefold over the same period a year ago, driven by flat appreciation and sagging home sales that make it increasingly difficult for homeowners in financial trouble to escape disaster."

Sign On San Diego - "Potential for mortgage fraud is on the rise in county" (4-22-07)

"After monitoring San Diego County's falling home prices, sluggish sales and a surge in foreclosures, real estate analysts are warning that the potential for mortgage fraud is on the rise. The doubling of home prices here between 2000 and 2005 created ideal conditions for masking mortgage fraud, said Mark Fleming, chief economist for CoreLogic Systems, a Sacramento-based firm that specializes in measuring lending risks. "

LA Times - "Buyers in for future shock" (4-22-07)

"Builders of housing developments generally are required to pay for the construction of roads, sewers and schools for the new residents. It's a given that those costs are passed along to the buyers of those homes. What isn't a given is that, for years, some builders in California and a handful of other states have been passing along other costs of doing business — appeasing environmentalists and local governments to get their projects approved — to subsequent buyers as well."