Real Estate News – August 15, 2011




Community banks warn that the massive Dodd-Frank financial reform law, and the Consumer Financial Protection Bureau created under it, may eradicate the smaller lending institutions (via REALTORMag): http://bit.ly/q9eYRb


Mortgage mess: Free Press uncovers widespread foreclosure dumping by Freddie/Fannie (via mlive.com): http://bit.ly/qjbZjU


Pessimism remains high for homebuilders as the housing sector battles myriad challenges, from a high number of foreclosures to tight lending standards (via TheHill.com): http://bit.ly/mPhdxv


South Carolina Gov. Nikki Haley said Monday that a change in the state’s tax law will help boost business activity and second home ownership across South Carolina (via scnow.com): http://bit.ly/pdThsT


Some homeowners in a community on the border of Riviera Beach and Palm Beach Gardens are faced with a new amendment. It restricts how many homes in the neighborhood can be rental properties (via wptv.com): http://bit.ly/oehuy5