Real Estate News – November 20, 2011

In several markets, Bank of America is reporting that it has picked up its pace in moving through its inventory of foreclosed homes faster than it has in the past (via REALTORMag):

Joe Paterno’s Curious Real Estate Move (via

FBR Capital Markets analyst Paul Miller believes that the largest U.S. mortgage loan servicers could be facing billions in losses from Federal Housing Administration (FHA) claims audits (via

JPMorgan Chase To Sell Mortgage-Backed Securities Backed By Loans In Default: Report (via

Allied Home Mortgage’s FHA Privileges Reinstated by Judge (via

David Amesbury, a Las Vegas attorney who pleaded guilty last month in the high-profile federal investigation of homeowners associations, was found badly beaten Wednesday in a gated Henderson neighborhood (via

Coral Springs homeowners’ association orders resident to remove 9/11 flag (via

A St. Cloud real estate agent and a Maple Grove real estate appraiser have pleaded guilty to being involved in a $1.8 million mortgage fraud scheme that involved 28 properties (via

Ruling Against MERS That Caused Foreclosure ‘Re-dos’ Overturned by Mich. High Court (via

Congress has approved higher mortgage loan limits for mortgages insured by the Federal Housing Authority, but did not lift those limits for loans backed by Fannie Mae (via

Two title officers have been indicted on more than 600 charges alleging they directed a “robo-signing” scheme that led to the filing of tens of thousands of fraudulent foreclosure documents, the Nevada attorney general’s office said Wednesday (via