http://www.cnbc.com/id/41182255
Month: January 2011
Coastal Sunsets
More of what happens when the camera starts rolling around the coast:
FBI Probes Bid Rigging
Hat tips to Jakob and Gene for sending this along from sfgate.com: Investigators look into whether there is collusion among real estate speculators involved in the courthouse sales. Foreclosure auctions take place every weekday on the steps of courthouses throughout...
Drip Confirmation
In Bank of America's 4th quarter report today (seen at Calculated Risk), they state their preference and commitment to the drip system: Foreclosures Resumed foreclosure sales in most non-judicial states in early December, starting with vacant and non-owner occupied...
Phoenix Canariensis
We talk to the operator at the end:
Fannie/Freddie Showdown
From cnbc.com - click here for the similar on-line version.
MERS Answer
Here's my 2-part MERS settlement. 1. Have the banks fund Sheila's "foreclosure claims commission" to dole out settlements to those who were harmed, and 2. Have the servicers pay all the back recording fees owed (or settlement). MERS is then allowed to continue...
Squatters Facing Three Years
Hat tip to AL for sending this along from the ocregister.com: NEWPORT BEACH – A husband and wife were arrested Thursday morning and face charges of illegally living in homes as squatters. Chris Wayne Duncan, 42, and Robin Ann Duncan, 36, both of Newport Beach, were...
Incredible Skiing Video
Incredible ski footage by Andrew Whiteford at Jackson Hole - click on "full screen" icon next to HD: Late 2010 from Andrew Whiteford on Vimeo.
More MERS/Robo Settlement Talk
She doesn't say it specifically, but this should be the first step in resolving the MERS/robo-signing debacle with well-rounded settlements for all - from MND: Federal Deposit Insurance Corporation (FDIC) Chairman Sheila C. Bair called today for a "foreclosure claims...