Real Estate News – February 23, 2011

Lots of good real estate headlines today; here’s a sampling:

Investors continue to eye home foreclosure sales, but postponements or cancelled auctions and disagreements over a fair price are making it difficult to close deals, they say (via REALTORMag): http://bit.ly/g6bF6a

An appellate judge in California last week upheld the rights of the Mortgage Electronic Registration Systems to the deed of trust, giving MERS the right to foreclose, according to court documents (via HousingWire): http://bit.ly/hil7dj

Borrower-bank dispute is settled; borrower wins (via Philadelphia Inquirer): http://bit.ly/h5wHfF

FTC Cracks Down On Mortgage Spammer (via WebProNews): http://bit.ly/gc0JhK

A Chicago attorney has been charged with defrauding clients who were seeking his help to save their homes from foreclosure — and his wife also faces federal charges for lying to cover up the scheme (via Chicago Sun-Times): http://bit.ly/dL99A9