CBS News reports:The nation's banks are looking at a robo-signing problem with commercial real estate which may dwarf the one for home mortgages, according to a new study.Research by Harbinger Analytics Group shows the widespread use of inaccurate, fraudulent documents for land title underwriting of commercial real estate financing.According to ...
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Written by Administrator on February 22nd, 2012
Written by Administrator on February 24th, 2011
Eric Brauss, 68, Dallas, Texas, has been indicted in a commercial real estate investment scheme in the Eastern District of Texas. Brauss was named in a 10-count indictment for his role in defrauding investors in a commercial real estate investment scheme. The indictment was returned by a federal grand jury on ...
Written by Administrator on February 23rd, 2011
Berta Sanders, 61, Miami Lakes, Florida, a Certified Public Accountant, was sentenced before U.S. District Court Judge Paul C. Huck to 52 months' imprisonment, 5 years of supervised release, and restitution in the amount of $ 31 million.
From approximately November 2005 through March 2008, Sanders conspired to submit false loan ...
Written by Administrator on January 12th, 2011
Benefits Of A Commercial Short Sale For Business Owners
In some cases, when the economy is buoyant and there is no need for additional assistance, these business owners will continue to expand and in doing so, will keep the wheels of the financial ...
Written by Administrator on January 11th, 2011
Commercial Short Sale
The Commercial Real Estate Market is in CRISIS and it will be the next foreclosure wave to hit the United States. Yes, this is a nationwide problem and every state and city is being affected by it as you read ...
Written by Administrator on December 3rd, 2010
What Are Commercial Short Sales?
Commercial Short Sales allow commercial property owners to avoid foreclosure by selling the property for less than the amount owed on their mortgage loan. The lender must approve of the sale and the property owner must prove a ...
Written by Administrator on November 13th, 2010
How To Profit In Commercial Short Sales And Apartment Foreclosures
One of the bare basic lessons of real estate is that it is just as easy to flip a house for ,000 as it is for 0,000. You can invest in real estate ...