Real Estate News – May 11, 2011

Heartless NYC Condo Board Rejects Wheelchair Lift for Cerebral Palsy Girl (via

A wide range of issues that risk putting homeownership out of reach for all but a narrow slice of households in the U.S. are coming to a head (via REALTORMag):

Bank of America Corp. and JPMorgan Chase & Co., along with three other U.S. mortgage servicers, proposed paying $5 billion to settle a probe of their foreclosure practices by state and federal officials, two people familiar with the matter said (via

Charles C. Jamison assured potential customers he was a foreclosure stopper, someone who could, for a fee, save their homes from trustee sales.  It worked for a while, until federal fraud stoppers stepped in (via

A judge has temporarily quashed the recent appointment of two homeowner association board members at Sunland Village, a Mesa seniors-only enclave with a turbulent history (via