Real Estate News – April 21, 2011
Nashville woman may lose condo because of hoarding (via Associated Press): http://bit.ly/g0HnCO
Prince’s 20 acres on foreclosure auction block in Carver County; rep says bill paid (via StarTribune.com): http://bit.ly/eNMV1b
President Barack Obama said the U.S. housing market is “probably the biggest drag” on the nation’s economy (via NewsMax.com): http://bit.ly/hc0GFN
The Federal Home Loan Bank of Boston said it has filed a complaint seeking to rescind the purchase of nearly $6 billion in mortgage-back bonds whose collateral is underpinned by loans to homeowners with sketchy credit (via bizjournals.com): http://bit.ly/fmsS6o
A federal jury has convicted an Albuquerque real estate agent of using false pretenses and misrepresentations to obtain more than $5.5 million in loans (via canadianbusiness.com): http://bit.ly/fXi8mY