Real Estate News – July 17, 2012
The top 10 threats facing real estate (via MarketWatch.com): http://ow.ly/cjbyd A change in rules for the most liquid part of the agency mortgage-bond market as Wall Street fights municipal seizures would make even government-backed loans costlier for certain borrowers, according to JPMorgan Chase & Co. analysts (via Bloomberg.com): http://ow.ly/cjbE4 Los Angeles has sued U.S. Bancorp, accusing a unit of the fifth-largest U.S. commercial bank of becoming one of the city’s biggest slumlords and blighting the city by allowing hundreds of foreclosed homes to fall into disrepair (via Reuters .com): http://ow.ly/cjbJL HOA Fines Homeowner For Brown Lawn During Drought (via thedenverchannel.com): http://ow.ly/cjbPy Tax Liens Trigger More Foreclosures (via online.wsj.com): http://ow.ly/cjcg4