Real Estate News - February 25, 2011


Today's top real estate stories do not disappoint:

It may be the end of the line for one of the President Barack Obama’s key anti-foreclosure programs: the Home Affordable Modification Program (HAMP) (via Politico.com): http://politi.co/gKeSls

Bank of America is being sued by investors who want the bank to buy back mortgage loans or pay damages, accusing Countrywide--which Bank of America now owns--of making several misrepresentations about its mortgage loans (via REALTORMag): http://bit.ly/eCEyDY

As deficit looms larger, senators' eye cuts in mortgage interest deductions (via Washington Post): http://wapo.st/ekUe0Y

NJ man gets 14 years for $140 million mortgage fraud (via Reuters): http://reut.rs/grX3V6

14 indicted on 44 counts in Sarasota real estate flipping fraud investigation (via Sarasota Herald-Tribune): http://bit.ly/hJsE2a

 

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