Real Estate News – March 8, 2011

Regulators Reassure Lawmakers That Banks’ CRE Distress Has Not Hit a Tipping Point (via

With shoppers returning to the malls, retail expansion plans have kicked in to higher gear (via

State attorneys general are trying to change the foreclosure process among the nation’s five largest banks by giving the government more authority over how mortgage servicers handle foreclosures, The New York Times reports (via REALTORMag):

Watch out for loan modification scams, the California State Department of Real Estate (DRE) is warning customers. The DRE has filed a record number of actions against scammers who have offered loan modification and loan mortgage relief services (via REALTORMag):

By the Numbers: A Revealing Look at the Mortgage Mod Meltdown (via