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Before dawn one hazy March day in L.A., Armando Granillo pulled his SUV into a Starbucks near MacArthur Park, where he planned to pick up an envelope full of cash from an Arizona real estate broker, federal investigators say. Granillo, a foreclosure...
Tags: FBI, Finance, Services and Shopping, Corporate Crime, Politics
Sun SentinelSales of South Florida homes in some stage of foreclosure declined in the first quarter as buyers struggled to find properties in a vastly improved housing market, new data show. Broward County had 3,157 foreclosure-related sales from January through...
One of the nation's largest banks will spend $27 million to help minority communities that have been especially hard-hit by home foreclosures — including some around Orlando — in a deal announced Thursday by the National Fair Housing Alliance....
A month after nearly halting foreclosure sales in reaction to tighter federal regulation, Wells Fargo & Co. and Citigroup Inc. are still selling seized properties at a sharply reduced pace, according to a research firm that tracks Western foreclosure...
Tribune staff reporterThe National Fair Housing Alliance and 13 of its members, including two suburban Chicago groups, will receive $27 million from Wells Fargo to resolve a 14-month-old federal housing discrimination complaint that alleged the bank took better care of its...
ReutersBy Tim Reid LOS ANGELES, May 28 (Reuters) - The recovery in the U.S. housing market is showing a pattern far different from what followed previous downturns, experts say, suggesting that the dramatic price gains of recent months may not be sustainable....
ReutersNEW YORK, May 30 (Reuters) - Sales of U.S. homes in foreclosure fell in the first quarter, a report from RealtyTrac showed on Thursday, the latest data to suggest the housing market is on the mend. There were 190,121 properties sold that were in the...
Tags: Real Estate, Services and Shopping, Homes
For the second year in a row, Florida's condominium associations dodged a financial bullet when legislators opted to favor voters rather than the powerful banking lobby. It was an important victory for the state's struggling community associations,...
The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
May 27, 2013 |Story| Los Angeles Times
May 29, 2013 |Story| South Florida Sun-Sentinel
Jun 6, 2013 |Story| Orlando Sentinel
Jun 6, 2013 |Story| Los Angeles Times
Jun 6, 2013 |Story| Chicago Tribune
May 28, 2013 |Story| Reuters
May 29, 2013 |Story| Reuters
May 22, 2013 |Story| South Florida Sun-Sentinel
May 21, 2013 |Story| South Florida Sun-Sentinel
May 19, 2013 |Story| Los Angeles Times
May 17, 2013 |Column| Chicago Tribune
May 17, 2013 |Story| Los Angeles Times
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