Real Estate News – February 22, 2011

Some interesting headlines from around the U.S. today in the real estate world:

E-mails are just as binding in real estate negotiations as traditional ink-on-paper contracts, according to a state court ruling in New York regarding a real estate dispute (via REALTORMag):

Banks and mortgage servicers are taking more time to foreclose on defaulting home owners–a process that can take up to 2 years now, USA Today reports (via REALTORMag):

Foreclosure firm challenges attorney general’s right to investigate (via

Is the Mortgage Interest Deduction Doomed? (via

A Sheboygan Falls real estate agent convicted of felony theft for stealing and auctioning off property from a client’s house continues to work in real estate and as of Monday remained licensed by the State of Wisconsin (via

Mortgage Con Woman Extradited From Turkey Faces 280 Years in Prison for Fraud (via