Real Estate News – January 6, 2012
Fed Advocates REO Rental Program (via REALTORMag):
Several real estate professionals say cash-back incentives that some lenders are using to tempt delinquent borrowers to do a short sale over a foreclosure are not very effective because it’s not clear on who qualifies for the program (via REALTORMag): http://bit.ly/ApxD1h
The Nevada Supreme Court weighed arguments Wednesday on whether U.S. Bank can foreclose on a Douglas County couple’s home despite findings by a mediator that not all required documents were presented during mediation (via cbsnews.com): http://bit.ly/Ae7Jqs
Bondi sues foreclosure rescue firms accused of defrauding customers (via miamiherald.typepad.com): http://bit.ly/zNdLkR
Foreclosure Lawyer Could Lose Her Home Because Of Alleged Bank Error (via HuffingtonPost.com): http://huff.to/A7r9il