Vampire Properties Chill the Housing Market

Halloween is over, but zombies and vampires continue to plague the housing market. Those are the names given to problematic foreclosures that can’t be turned into assets by the lending institutions that hold them. And because these properties can’t be sold, financial...

Fannie Mae Joins the Crowd of Bank Fraud Lawsuits

The US Justice Department and numerous state attorneys general have been pressing lawsuits against the nation’s big banks for a variety of crimes and misbehaviors since 2010. Now, housing giant Fannie Mae is joining the party, with a lawsuit of its own against...

Vintage Home Sales: The New Market

Call them vintage. classic or just plain old, homes of a certain age are quietly driving housing sales in markets around the country, as investors and residential home buyers alike snap up these older properties at bargain – basement prices. According to a new report...

Landlord Liability and Forced Evictions

In a previous post we brought you news of the growing trend of nuisance ordinances and “landlord 911” laws being enact4ed by communities nationwide in an effort to curb neighborhood crime – and how those laws force landlords into taking on additional burdens,...