Real Estate News – August 23, 2011

Which State Has the Highest Foreclosure Inventory? (via REALTORMag):

The Springfield, Massachusetts City Council has passed what advocates are calling the toughest municipal anti-foreclosure legislation in the country (via

One of the nation’s largest mortgage servicers filed a lawsuit on Tuesday against Lender Processing Services Inc., a top mortgage industry technology and services vendor, alleging that the firm improperly signed mortgage documents on its behalf and triggered millions of dollars in legal expenses as a result (via

California is doing a poor job of collecting rent from energy companies and other businesses that are profiting from public land, costing the fiscally challenged state millions of dollars, according to an audit released Tuesday (via

Woman says homeowners association wrong for selling home (via