Real Estate News – May 8, 2011

Fannie Mae, the mortgage-finance company operating under U.S. conservatorship, will seek $8.5 billion in Treasury Department aid to balance its books after reporting a $6.5 billion loss in the first quarter (via

Jodi Burr never thought hanging a large patriotic sign in support of her son’s service in Afghanistan would violate her neighborhood covenants; much less that it would lead to legal action by her homeowner’s association.  But, she did. And it has (via

Starting Monday, courts throughout South Carolina will do what a York County judge has done unofficially for two years – make sure homeowners are given a clear chance to modify delinquent mortgages before proceeding with foreclosure (via

Disabled Man Beats Eminent Domain (via

Green Bay Packers to finance Lambeau expansion on their own (via


Posted in Blog, Real Estate Law