Real Estate News – July 1-3, 2011



Eight Bay Area real estate investors have agreed to plead guilty for their parts in two conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Alameda and Contra Costa counties, the Department of Justice announced Thursday (via mercurynews.com): http://bit.ly/ihCfF6


Builder Lennar Corp. recently demolished eight partially built California homes to make way for new construction (via online.WSJ.com): http://on.wsj.com/kP99Eb


The Office of the Comptroller of the Currency has given all banks until Sept. 30 to conduct a self-assessment of its foreclosure practices (via REALTORMag): http://bit.ly/lEKG5L


An embattled U.S. Army vet in Macedonia, Ohio, has won the right to fly Old Glory from his home’s flagpole (via abcnews.go.com): http://abcn.ws/joZRWE


Pinellas County lawyer Robert L. Tankel advocates showing no mercy toward property owners who fall behind on their homeowners association fees (via TampaBay.com): http://bit.ly/jsepa0


A judge ruled Friday that there is enough evidence for a former San Diego police officer and his wife to stand trial on felony charges in connection with the trashing of their foreclosed French Valley home (via pe.com): http://bit.ly/mfEUNK


 



 

Posted in Blog, Real Estate Law