I recently met with an attorney who represents lenders to share information about our mutual concerns over properties that have been taken over by lenders. She gave me […]
Code Enforcement / Foreclosure
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Update on Servicer Information on Foreclosed Properties
The Mortgage Bankers Association has updated its list of contacts and servicers for properties in foreclosure. You can find this very helpful information at http://www.mbaa.org/IndustryResources/ResourceCenters/PropertyPreservationResourceCenter.htm There’s even a […]
Code Enforcement / Foreclosure
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Lis Pendens – Treasure Trove of Information
The other day one of the inspector’s I work with received a letter from a lender dismissively informing her that unless she provided proof via a recorded document […]
Code Enforcement / Fire Prevention / Foreclosure / Law Enforcement and Codes / training / Uncategorized
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Demolishing Homes to Avoid Fines
In Victorville, CA a lender decided to tear down new homes and other structures that hadn’t been completed to avoid future fines from the local government for code […]
Foreclosure
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Top Sub-Prime Lenders Identified
The Center for Public Integrity has released a report showing who the top 25 sub-prime lenders were and how they were financed by the very banks receiving bailout […]
Foreclosure
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Underwater Homes Increase
The Wall Street Journal has an interesting story on “underwater” houses, those where the amount of the mortgage exceeds the value of the residence. It estimates that 1 […]
Code Enforcement / Foreclosure
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Homes by Fannie Mae
If you want to find out what houses are owned by Fannie Mae in your jurisdiction, go to http://reosearch.fanniemae.com/reosearch/ Once again credit goes to Kelly Anbach, code enforcement […]
Code Enforcement / Foreclosure
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Suburban Homes Become Rentals
This article in the Wall Street Journal describes a scenario we’ve been seeing recently, owner occupied property in distant suburbs turning into rental neighborhoods. It’s entitled, In the […]