Real Estate

Granny Snatching: Media Discovers Granny Snatching in Connecticut; We’re Saved!?

February 22, 2012
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Granny Snatching: Media Discovers Granny Snatching in Connecticut; We’re Saved!?

Everyone I know sent me a copy of the news article that surfaced last week concerning a Fairfield family in which a son is attempting to have his 98-year-old mother confined in an elder care facility while he takes her house and sells it. (Thanks to everyone I know, it was very much appreciated.)...

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Citigroup Paying $158 Million For Defrauding HUD

February 16, 2012
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Citigroup Paying $158 Million For Defrauding HUD

In addition to participating in the $25 billion foreclosure settlement, Citigroup will pay $158 million to settle civil accusations that it defrauded the U.S. Department of Housing and Urban Development by falsely claiming that high risk mortgages qualified for federal insurance. “Wednesday’s settlement resolves claims under the federal False Claims Act and concerned more...

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Majority Think $25 Billion Foreclosure Settlement Unfair

February 16, 2012
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Majority Think $25 Billion Foreclosure Settlement Unfair

Several big banks reached a 25 billion dollar agreement with the U.S. government following charges of abusive foreclosure policies. The mortgage agreement between some banks and the government helps people who owe more on their home than it is worth or who have missed payments to stay in their homes and avoid foreclosure, but...

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Some Struggling Homeowners Making Mortgage Payments By Turning Homes Into Billboards

February 13, 2012
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Some Struggling Homeowners Making Mortgage Payments By Turning Homes Into Billboards

Yep, you read the headline right. A company called Brainiacs From Mars is paying homeowners to turn the outside of their houses into billboards for the marketing company. Reuters News discovered the story in Los Angeles were they found a couple that is being paid $2,000 a month for the use of their home...

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