Hat tip to SM for sending this in from the ocregister.com: It was a $2 million Laguna Beach dream house six years in the dreaming, building and litigating, but it was taken from Mark Zigner in less than a minute on Thursday, in an auction on the courthouse sidewalk. I...
For Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians, HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the...
From wsj.com: Highly ranked school districts may have been spared the worst of the foreclosure crisis, according to a new analysis, showing that the housing crash was akin to a tornado that tore through wide swaths, but hit with particular force in certain areas. The...
Hat tip to the several people who sent this in!
In Joe's last video he talked about the anti-deficiency rule. Here he is discussing how second-mortgage lenders still have recourse in a foreclosure:
From the nytimes.com, via cnbc.com: Truckee, Calif. — When Mimi Ash arrived at her mountain chalet here for a weekend ski trip, she discovered that someone had broken into the home and changed the locks. When she finally got into the house, it was empty. All of her...
Hat tip to SM, from the WaPo: Attorneys general in Connecticut and California ordered Ally Financial's GMAC mortgage unit to freeze all foreclosures within their borders, joining a growing list of states investigating whether the firm and other lenders improperly...
