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Florida Man Sentenced to 75 Months in Federal Prison for Bank Fraud, Money Laundering, and Id Theft

(This is a reprinted article) WASHINGTON, DC – Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and Pamela C. Marsh, United States Attorney for the Northern District of Florida, today announced that Lawrence Allen Wright, 46, of Niceville, Fla., was sentenced on Tuesday […]

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CitiMortgage to Launch Home Rental Program as Foreclosure Alternative

CitiMortgage to Launch Home Rental Program as Foreclosure Alternative

Article Written By: Tory Barringer CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes. The Home Rental Program will be managed by Carrington Capital Management, LLC and Carrington Mortgage […]

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Broker Price Opinion: Property value is what you see not what you are assigned

Broker Price Opinion: Property value is what you see not what you are assigned

Andy received a phone call from Outside Values (a BPO Company) asking him if he could value a housing development that went into foreclosure. Andy had 17 years of Commercial experience valuing many types of commercial assets and a preferred Broker with Outside Values. The development had […]

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Browning Real Estate School Presents: Code Violations, 2 Years of Vacancy, REO Property?

Browning Real Estate School Presents: Code Violations, 2 Years of Vacancy, REO Property?

Code Violations, 2 Years of Vacancy, REO Property? Written by: James A. Browning, Browning Real Estate School Linda received a REO assignment from the Bank; she researched the property on the County records to searching the county records Linda discovered the sale took place 2 years ago. […]

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