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...
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...
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,...
Across the country, communities small and large have enacted ordinances aimed at combating neighborhood crime. Under names like “nuisance ordinances” or “landlord 911 laws,” these local laws are now facing legal challenges because of the harm they can cause to both...
It’s one thing to by vintage baseball cards or a new bicycle on an online auction site, but – houses? Over half the real estate transactions conducted today involve the Internet in some way, from posting a listing to texting an agent. Now, online auctions can make it...