Real Estate News – November 1, 2011
It seems like death and taxes are not the only constants in life, you can add the seemingly endless attempts of Congress to micromanage the housing market. The latest installment is the introduction of a bill, the SAVE Act (Sensible Accounting to Value Energy), sponsored by Sens. Michael Bennet (D-Colo.) and Johnny Isakson (R-Ga.) (via cato-at-liberty.org):
Residents upset over unfinished neighborhood (via wsbtv.com): http://bit.ly/ttHyfJ
Homeowners in foreclosure in 2009 and 2010 can request independent foreclosure reviews and get restitution if they were financially harmed by errors or misrepresentations by 14 of the nation’s largest loan servicers, according to a new program announced Tuesday (via ajc.com): http://bit.ly/vvYieB
Settlement approved in federal real-estate competition suit (via post-gazette.com): http://bit.ly/svtGuE
Prosecutors sued a large U.S. mortgage broker and two top executives for an alleged decade-long fraud that cost the government hundreds of millions of dollars on risky home loans (via Reuters.com): http://reut.rs/vTs1vm
Lesbian couple says HOA sparked hate crimes (via 9news.com): http://on9news.tv/tLYMpy