Real Estate News – March 7, 2012

The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble (via

Man fined for not mowing the lawn at home he lost to foreclosure 2 years ago  (via

Investors target property tax deadbeats (via

Investors Buy Up Homes in Bulk (via REALTORMag):

An Idaho landlord pleaded guilty to a misdemeanor of disturbing the peace for an incident stemming from 2010 when he drove a tractor into a home he owns while the renters he was trying to evict were inside (via REALTORMag):

A service used by real estate agents to list homes for sale will now require that agents disclose whether a bank owns the property (via

The percentage of mortgage fraud activity rose 20 percent in the third quarter compared to a year earlier, a report by the Financial Crimes Enforcement Network finds. Almost 62 percent of the nearly 20,000 suspicious activity reports in the third quarter, which ended Sept. 30, began about four years ago, the report noted (via REALTORMag):

After spending more than $3,000 on building materials and $10,000 on attorney fees, a Round Rock, Texas couple has won their battle against their homeowners association. (via

Mortgage Settlement Deal Confronts Legacy of Obama Foreclosure Failure (via


Posted in Blog, Real Estate Law