Real Estate News – February 25, 2011

Today’s top real estate stories do not disappoint:

It may be the end of the line for one of the President Barack Obama’s key anti-foreclosure programs: the Home Affordable Modification Program (HAMP) (via

Bank of America is being sued by investors who want the bank to buy back mortgage loans or pay damages, accusing Countrywide–which Bank of America now owns–of making several misrepresentations about its mortgage loans (via REALTORMag):

As deficit looms larger, senators’ eye cuts in mortgage interest deductions (via Washington Post):

NJ man gets 14 years for $140 million mortgage fraud (via Reuters):

14 indicted on 44 counts in Sarasota real estate flipping fraud investigation (via Sarasota Herald-Tribune):