California Mortgage News

Wachovia to convert World Savings Bank branches late next year 
Wachovia Corp. will begin converting California branches of Golden West Financial subsidiary World Savings Bank in the fourth quarter of 2007, nine to 12 months following the close of its acquisition of the Oakland-based thrift.

Toll Brothers Rises to No. 370 in the 2006 Fortune 500 
Toll Brothers, Inc. , the nation’s leading builder of luxury homes, has jumped 107 positions and now ranks No. 370 in the recently released Fortune 500 list of America’s Largest Companies.

RISMedia Midyear Power Broker Forum is Thursday, May 18 Register Now! 
RISMEDIA, May 11, 2006Space is still available for real estate broker/owners interested in attending RISMedias first annual NAR Midyear Power Broker Forum, How to Make Things Work: Grow, Integrate, Enable, on Thursday, May 18, 2006 from 3-5 p.m. at the Marriott Wardman Park Hotel in Washington, D.C.

Creative Mortgage Loans for Diverse Needs: Technology Credit Union Introduces Customized Home Loan Choices 
Just like every home, every homebuyer isunique. Tech CU recognizes that each home loan needs to be customized tothe buyer’s individual situation, from first-time buyers to establishedreal estate investors. To better serve this unique and ever-changingCalifornia market, Tech CU has rolled out a line of NEW home loan products.

Popkey: Laws, even ballot initiatives, should be hard to enact 
Though it’s become tougher for the people to make law directly at the ballot box, Idaho has struck a fair balance.

Owning home longer increases likelihood of making a profit 
Anybody thinking about buying or selling a house this spring probably is asking the same questions: In terms of historical real-estate cycles…

KENNETH HARNEY: Long years in a home make a profit likely 
WASHINGTON — Anybody thinking about buying or selling a house this spring probably is asking the same question: In terms of historical real estate cycles, is this a smart time for me to be in the market?