Real Estate News – December 1, 2011

Iowa AG Expected to Press California AG to Join Foreclosure Settlement (via

Some lenders resist foreclosure-prevention buybacks (via

Homeowners Association Won’t Allow Colored Holiday Lights (via

A notary public who signed tens of thousands of false documents in a massive foreclosure scam before blowing the whistle on the scandal has been found dead in her Las Vegas home (via

Insurer Financial Guaranty Insurance Co. is suing several Ally Financial Inc. subsidiaries, accusing the government-owned lender of lying about the quality of mortgages it packaged into securities (via

Fannie Mae says it will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012 (via REALTORMag):

Massachusetts sued five major banks Thursday over deceptive foreclosure practices, such as the “robo-signing” of documents, potentially undermining negotiations over the same issue between lenders and state prosecutors across the nation (via

Parking Lots Offer Safe Haven for Real-Estate Investors (via

Federal agencies are taking aim at scams and con artists that promise to provide mortgage relief to struggling homeowners (via