The Washington Independent

Friday, February 10th, 2012

Posts Tagged REO

Mortgage Fraud Threatens Housing Rebound

By | 11.30.09 | 3:28 pm

With home prices continuing to fall and more foreclosures yet to come, it’s clear that tough times remain for a housing market recovery. And to add to the troubles, another threat to any rebound is emerging: mortgage fraud.

The risk of mortgage fraud in More…

Bank-Owned Homes Surge, Communities Stung

By | 03.03.09 | 6:00 am

foreclosure-new-house

Banks that received government bailout money are taking heat for spending billions of dollars on bonuses, executive pay, and lavish outings. But there’s another outrage that Washington seems to be missing: The growing number of bank-owned properties in foreclosure scarring neighborhoods across the country.

The volume of More…