Month: March 2010

More Taxpayer Blues ($7.8M)

A fraud follow-up by Kelly at the Voice of San Diego: All of the 81 condos from the Sommerset Villas, Sommerset Woods and Westlake Ranch complexes involved in the scam have been repossessed. Twenty-four have yet to find new buyers. But the other 57 have resold for...

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Commercial Report

From an article in the sddt: The commercial mortgage-backed securities market is making a comeback, and capital appears to be slowly returning, but construction financing may be elusive for a very long time. These were a few of the conclusions reached by Mark Gibson,...

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