Real Estate News – September 25, 2011

Federal prosecutors kept the ball rolling Friday with a fourth guilty plea in the sweeping investigation into fraud and corruption at Las Vegas Valley homeowners associations (via

Southern Highlands HOA sued over liens on foreclosed homes (via

It’s no secret that Bank of America wants to put its mortgage-related woes behind it. But it appears that a key $8.5 billion settlement with large investors is playing a role in pushing many more people into foreclosures (via

Congress is gridlocked, consumers are pessimistic, and firms are barely hiring. To speed this recovery up — or to prevent a double dip — it might be up to the Federal Reserve. Last week it announced its latest attempt to revitalize the economy. Its chief target appears to be the still anemic housing market. Will the new policies work? (via

The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation (via

Millionaire Real Estate Developer Convicted Of Murder (via

’50s Michigan Street Diner all shook up over lease, foreclosure spat (via