From the U-T: Located on a busy section of South Santa Fe Avenue in Vista, Aguilera’s Bookkeeping & Income Tax isn’t the kind of business that draws much attention. It sits next to a hair salon and supply business, and across from an auto shop. The red paint on...
The ignorance prevails - I talked to the clerk at the association of realtors today, who said he has only heard of one case of short sale fraud. I see at least one case every day! From the sddt.com: Short sale fraud is costing lenders hundreds of millions of dollars...
Hat tip to shadash for sending this along, a story about the Mark condo overlooking Petco Park: Developer Norman Radow expected some thanks in April when he offered to repay a $35 million defaulted loan on a 32-story San Diego condominium project he had taken over,...
Darrell Issa, from Vista! From the WSJ: U.S. senators or Senate employees received 30 loans—far more than had previously been known—under a controversial lending program at Countrywide Financial Corp. that provided cut-rate terms to favored borrowers. The information...
From HW: Fortuno, a company that bills itself as the "Costco of real estate," has been sued by investors in Los Angeles Superior Court for allegedly duping them into buying what were essentially worthless REO properties. The unrelated plaintiffs claim they were...
Hat tip to shadash, who found a new short-sale listing that had two photos total, both the same:
NEW YORK (CNNMoney.com) -- More than 1,200 prison inmates, including 241 serving life sentences, defrauded the government of $9.1 million in tax credits reserved for first-time homebuyers, according to a Treasury Department report released Wednesday. Treasury's...
SM keeps them coming, the third installment from Seattle: The woman who was hauled away for squatting in a $3.3 million house? She has no intention of backing down. She's going to keep staking her claim to a house she insists nobody actually owns. Plus she is staking...
From NMN: The government announced a massive indictment Wednesday against the former head of Taylor, Bean & Whitaker, alleging a widespread fraud of nearly $2 billion that, officials said, helped trigger the biggest bank failure of 2009. In a 16-count indictment,...
The agent first inputted this listing onto the MLS on October 29th, noting that the list date was 6/30/09 - why do you wait four months to get it on the MLS? It was immediately marked pending, then withdrawn all within a few minutes. A couple of weeks ago she changes...
