A bit about contruction and mortgages…
In Houston, Texas, Marjorie Atkinson Ford, 48, formerly a licensed escrow officer, was convicted by a federal jury of conspiracy to commit wire fraud. Testimony and evidence produced at trial showed that from 2005 through 2007, Ford closed reside…
Ever wonder what the most expensive residential properties in the Minneapolis Saint Paul area have sold for, and to whom? Well, you are in luck, because Finance Commerce, publishes a weekly list of the top residential sales in the Twin Cities, and we are sharing it with you. After the jump:…
Eric Dean Troutt, 41 Sandoval, Illinois, was sentenced to 15 months imprisonment for his conviction of the offenses of Tax Evasion and Making a False Statement to a Financial Institution. Following his release from prison, Troutt was ordered to serve a…
Ernest Earl Erbe, Jr., aka Richard Allen Dixon, 46, Jupiter, Florida, pled guilty to filing a false individual income tax return with the IRS, for tax year 2003 and to misusing a Social Security account number. The Information charged that Erbe inten…
Local· Minnesota Leaking Jobs [PiPress]· Subprime Fallout: ResCap CEO Steps Down [Strib]· Wells Hit by Subprime Problems [Strib]· Medina Ponders Open Space Referendum [Strib]· Mosquito-Copters on Ready Alert Status [Strib]· Bag + Shovel + Dead Duck [doodledee]Elsewhere Otherwise· WSJ: Prime Loans Showing Credit Problems [WSJ via Calculated Risk]· Most Expensive Homes in America [Infectious Greed]· Selling Point: The Organized Garage [WSJ]· Poseurs: Fake Buyers Fake-Out Realtors [portfolio]…
Boston, Massachussets Attorney Genereral’s Office obtained a preliminary injunction against fifteen individuals and companies allegedly involved in mortgage fraud and a foreclosure rescue scheme, preventing them from engaging in any further foreclosu…
Over the weekend, the Pioneer Press ran great piece that lays out the current state of the online real estate game, who the main players are, what’s at stake, etc. Missing from the online piece was the graphic at right (Click for bigger. Courtesy of Jennifer Bjorhus, who wrote the article) which shows us where home seekers are surfing. Interesting stuff - in particular the fact that despite all of the pretty, web 2.0′ish websites like Zillow, Trulia, et al that have sprung up, the traditional (often clunky) broker/MLS supported sites garner most of the traffic.· Looking for a Home?…
Eric H. Tauer, 53, Hendricks County, Indiana, was sentenced to seventy-eight months imprisonment for money laundering and fraud charges in federal court in Indianapolis, Indiana. Tauer was indicted by a federal grand jury on February 16, 2005, for te…
Local· Craigslist Users Nix Too-Slick Ads [Technologyevangelist]· Twin Cities Sewers: Blood and Gas [blotter]· Loring Greenway Getting Facelift [Strib]· Industry: Open Letter to Minneapolis Realtor Assoc. [Steve Westmark via Bloodhound]· Does Mixed Income Development Actually Work? [MNSpeak]Elsewhere Otherwise· How Much Homeowners Insurance do you Need [WSJ]· Home Depot to Sport Enviro-Friendly Labels [NYT]· Reach Transunion Executive Customer Service [Consumerist]…
Peter Torkild, 43, and Julia Torkild, 46, husband and wife, were charged with theft, forgery, money-laundering and use of proceeds of criminal profiteering in connection with an alleged foreclosure rescue scheme. ”Abusive foreclosure rescue…