Real Estate News – July 17, 2011 - Jeffrey O'Brien Today

A Maine couple who lost about $850,000 through a failed New Hampshire mortgage firm have settled their claim for far less (via Boston.com): http://bo.st/pko2wy

A man who promised California homeowners foreclosure settlements and eventual mortgage payoff will spend the next 25 years behind bars (via realestate.bryanellis.com): http://bit.ly/pTbSPr

Police officers shot a man several times Friday morning after he set his foreclosed townhouse on fire, according to the Pembroke Pines Police Department (via news4jax.com): http://bit.ly/o5LBBb

People buying homes in the country’s most expensive housing markets likely will face pricier mortgages starting in the fall (via online.WSJ.com): http://on.wsj.com/q4KK1m

Spring family fighting to keep pet pig says HOA won’t budge, despite petition (via KHOU.com): http://bit.ly/qh2LLk