From Kelly Bennett at the voiceofsandiego.org: This time three years ago, we were working on an investigation into why more than 80 condos in North San Diego County fit an odd pattern of extravagantly high purchase prices and near-immediate foreclosure. Today, the man...
From the nypost.com: They’re occupying his home. Occupy Wall Street protesters announced with great fanfare last month that they moved a homeless family into a “foreclosed” Brooklyn home — even though they knew the house belonged to a struggling single father...
From cnnmoney.com (seen at CR): NEW YORK (CNNMoney) -- Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they're willing to put up a fight. Among the tactics: Challenging the bank's actions, waiting to file...
There will be realtors who see this video and think, "Jim, you have it all wrong." "The listing agent's duty is to the seller only, not the bank." But that is the short-sighted, greedy viewpoint. For agents to hide behind that simple thought, and ignore the big...
From usatoday.com: Three conspirators in a Valley mortgage-fraud ring say a Mesa minister with a worldwide following masterminded the scheme. A former loan officer, escrow agent and straw buyer who have pleaded guilty as part of a deal with federal authorities say...
From the Carlsbad Patch: Four men pleaded guilty in federal court in San Diego to stealing more than $11 million in a loan modification scam that preyed on desperate homeowners trying to save their homes from foreclosure. Gary Michael Bobel, 59 of Carlsbad, Scott...
It must have been a slow week for real estate news - from the latimes.com: Could today's seductive conditions in the housing market — severely marked-down prices, record low interest rates and hundreds of thousands of foreclosures waiting to be resold — be breeding...
Excerpted from bloombergbusinessweek.com: As Las Vegas’s housing supply exploded, so did the competition among lawyers and contractors to represent new homeowner associations in so-called construction-defect lawsuits. It was in this environment, according to plea...
From the Patch: Two Oceanside men who pocketed more than $500,000 by filing grant deeds on vacant, foreclosed homes and sold the stolen homes to investors for cash were each sentenced Friday to three years and four months in state prison. Wesley Anderson Cristman, 28,...
Hat tip to AL for sending this along, from nwcn.com: SEATTLE -- She lives in a beautiful waterfront home on Seattle’s Lake Washington. Yet, she's on welfare assistance. This week federal agents moved in to put a stop to it. They raided her south Lake Washington home...
