Real Estate News – September 19, 2011




Seven states and the IRS have announced they also will join the Department of Labor in a review of hiring and pay practices of home builders (via REALTORMag): http://bit.ly/qw2oe9


While lenders have resumed foreclosures after putting them on hold as a result of an investigation into “robo-signing” a year ago, snags remain in the process (via REALTORMag): http://bit.ly/n0MqOE


U.S. homeowners who believe they were wrongly foreclosed upon will soon be able to request that their cases be reviewed as part of a government settlement with large lenders, a top bank regulator said Monday (via chicagotribune.com): http://trib.in/rukTjM


A national bank’s three-year, multi-state hunt for assets owned by Des Moines area developer David Walters has led to the doorstep of Walters’ church, Cornerstone Family Church.Bank of the West recently served the church with a subpoena for financial records of contributions or other property given to the church by Walters and his wife, Jody, since 2005 (via desmoinesregister.com): http://bit.ly/qkfD4J


The thought of losing your home to foreclosure is heartbreaking and makes some feel desperate to do what they can to hold onto their house. As a result, they can be easy targets for scams and schemes. But those looking for mortgage rescue might find themselves losing even more (via abc2news.com): http://bit.ly/pUE9Ns


 


 

Posted in Blog, Real Estate Law