Judges in several states are emerging as defenders of due process and the rule of law when confronted with the banks’ rampant use of false foreclosure paperwork. Alas, that’s not so true in Florida, where a foreclosure can be h…
On Oct. 20, the state’s chief judge ended robo-signing by requiring a special affirmation from the banks’ attorneys. They now must swear that they know the banks’ documents are true because they checked the paperwork. The resul…
Las Vegas has always been a place of dreams, promising that pennies can turn into fortunes, cities can rise from the desert, and property values can rise without limit. But you can also lose your shirt there, and the real estate crash has hit Sin City harder than any other place in the country.
Continue reading A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO]
A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO] originally appeared on DailyFinance on Wed, 08 Dec 2010 07:00:00.
Filed Under: Economy, Real Estate, Video, Special Report
The mortgage industry has created a system meant to simplify the handling of loan documents. Instead, it’s legally shaky, makes tracking mortgage-note ownership extremely hard and may wind up throwing into doubt who actually co…
The mortgage industry has created a system meant to simplify the handling of loan documents. Instead, it’s legally shaky, makes tracking mortgage-note ownership extremely hard and may wind up throwing into doubt who actually co…