Austin area feeling the foreclosure bite – Austin American-Statesman GEORGETOWN — Alma and Adolfo Vasquez might not appear to be prime candidates for foreclosure . Their 3,100-square-foot home near two golf courses is appraised at nearly half a million dollars. They were far from irresponsible buyers, making a 20 Source: www.statesman.com
• Texas Attorney General Greg Abbott’s Web site has extensive information about mortgage fraud, including information about the Mortgage Fraud Task Force, foreclosure scams, complaints and more. Click the link for more information. • Read the Read More
Office of the Attorney General Hosts Mortgage Fraud Summit North Texas e-News, TX Many of the defendants’ victims, like Corsicana resident Stacey Polk, lost their homes to foreclosure after the defendants inaccurately completed loan applications and falsified supporting documents. “Federal, state and local officials must work … The Latest ‘Foreclosure Rescue’ Scam–Loan Audits PR-USA.net (press release) [...]
WASHINGTON – President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America’s troubled financial institutions, proposing the most ambitious revision since the Great Depression. Continue Tags: Bail+Out, Banks
I put my house up for short sale 9 months ago. We asked and were offered $325,000 of which we owed Washington Mutual$303,000. They would have received the majority of the money and anything left over would go to the junior lien holders of my house (GMAC). WaMu dragged their heels, lost paperwork, refused to [...]
Rivertowne Mall slips onto market due to credit freeze – Austin Business Journal Two sites near downtown Austin are for sale, a scenario some real estate experts say could become more prevalent as developers of once-planned condo, hotel and mixed-use projects adjust to the economic environment. The two properties, one on East Source: austin.bizjournals.com
