Hat tip to MB for sending this in, from the nytimes.com: PHOENIX — Bank of America and GMAC are firing up their formidable foreclosure machines again today, after a brief pause. But hard-pressed homeowners like Lydia Sweetland are asking why lenders often balk at a...
Month: October 2010
This Ain’t Right
Hat tip to RE for sending in this from Eric Wolff on Attorney Pines - here are excerpts: The break-ins generated widespread news coverage, including from The Wall Street Journal, "Inside Edition," and this newspaper, in part because of the public relations efforts by...
GovDigs
From the SFGate: When the 39th governor of California takes office in Sacramento next year, there will be no place to lay a pillow for his or her head, no place to plug in a toaster and no place to hang a picture. Like every other working stiff, he or she will have to...
Scooped
CR beat me by almost five hours!
Old Town Heritage Park
The volume was low on the video: View more news videos at: http://www.nbcsandiego.com/video.
Ency Neighbor
From cnbc.com: You may expect wealthy celebrities to have their own screening rooms, horse farms or vineyards. The world's best-known skateboarder has his own skatepark. "When I bought the house, I did not have that intention," says extreme sports icon Tony Hawk of...
Another Auction Entrant
The Plan 3 model across the street is included here, plus an example of why some listings are sitting:
Mortgage Mayhem
The big four banks have $234.1 billion in foreclosure or delinquent. From HW: JPMorgan Chase, Wells Fargo Bank and Bank of America each reported more than $20 billion in single-family mortgages currently foreclosed or in the process of foreclosure as of midyear,...
House Auctions
Hopefully there will be more acceptance of using the auction format to sell houses. All that is needed are sellers who will accept whatever price the market will bear. Will the sellers trust that an auction would produce the same results (or better) than a...
No Payments Since 2002
From Bloomberg: In 2002, an accountant in Boca Raton, Florida, named Joseph Lents was accused of securities-law violations by the U.S. Securities and Exchange Commission. Lents, who was chief executive officer of a now-defunct voice- recognition software company, had...