Real Estate News – September 10, 2011




A Los Angeles judge has issued an injunction prohibiting several lawyers, direct marketers and call center operators from continuing with an alleged nationwide scheme to dupe desperate homeowners into paying thousands of dollars to join dubious lawsuits against big banks (via sacbee.com): http://bit.ly/oyG6eV


First Horizon said Tuesday it will fight a government lawsuit that seeks to claw back $883 million lost after the nation’s housing market imploded in 2008 (via LoanSafe.org): http://bit.ly/pyZIGY


Twin Cities Foreclosures Tick Up in June, But Fewer are Behind on Payments (via LoanSafe.org): http://bit.ly/pjRiMq


Huntsman thinks more immigration would revive the housing market. Could it? (via WashingtonPost.com): http://wapo.st/q7vKHE


Obama Jobs Plan Includes Real Estate Effort (via speakingofrealestate.blogs.realtor.org): http://bit.ly/qbpGc4


Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation (via dealbook.nytimes.com): http://nyti.ms/nVmObl


 


 

Posted in Blog, Real Estate Law