Real Estate News – March 14, 2011



In his industry update speech Thursday, William Taubman, ICSC chairman and chief operating officer of Taubman Centers, said shoppers “have had enough of frugality and are starting to spend again (via icsc.org): http://bit.ly/f4ZaYv


Republican lawmakers are preparing this week to introduce a series of legislative proposals to gradually reduce the role of Fannie Mae and Freddie Mac (via WSJ.com): http://on.wsj.com/hYFizZ


With a real estate market filled with complex deals, legal disputes from real estate transactions are on the rise. Legal snags from short sales, foreclosures, and disclosures are prompting more real estate deals to end up in court (via REALTORMag): http://bit.ly/dO4Ro3


Hackers have released emails that they claim reveal Bank of America purposely concealed information about mortgage foreclosures (via Forbes.com): http://bit.ly/hQLZZw


The Minnesota Attorney General has filed a lawsuit against a California mortgage company, accusing them of cheating Minnesota home owners (via MercuryNews.com): http://bit.ly/ijkra0