Real Estate News – February 8, 2012




New York Attorney General Eric Schneiderman has filed a lawsuit against the Mortgage Electronic Registration Systems and three big banks, alleging errors in the handling of foreclosures (via REALTORMag): http://bit.ly/AAd8bx


About 11 / 2 years after pervasive problems with lax foreclosure practices came to light, state attorneys general may be close to a settlement with big banks. With a deadline looming for reaching a deal, here’s a summary of who’s involved and what’s happened so far (via WashingtonPost.com): http://wapo.st/yAmYHU


At least 8 more years in prison for NY mortgage scammer who then planned to get witness killed (via WashingtonPost.com): http://wapo.st/z6b6fM


The family of an elderly woman fatally mauled by an 8-foot alligator as she searched for her daughter’s dog told the state’s high court Monday that the neighborhood homeowners association should have removed the reptiles from the area (via WashingtonPost.com): http://wapo.st/yYm7UJ


Infamous Texas Squatter Finally Gets Evicted (via REALTORMag): http://bit.ly/ytvDVm


The cost of renovations to a century-old home that has been in the family for three generations brought a Wisconsin woman perilously close to eviction, until her 12-year-old grandson stepped in (via abcnews.go.com): http://abcn.ws/A7kdy3


How ‘Shadow Inventory’ Is Killing the Housing Market (via business.time.com): http://ti.me/wpsk86


An Omaha Mom who battled a homeowners association over a basketball hoop has won a slam dunk victory in court (via kptm.com): http://bit.ly/wvR5cQ


 


 

Posted in Blog, Real Estate Law