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Founder of the Cobalt Companies Sentenced for Real Estate Fraud Scheme
Mark Alan Shapiro, the founder of the Cobalt Companies was sentenced today to 85 years in prison on charges stemming from a fraud that raised more than $23 million from over 250 investors in private placement real estate offerings. Full Story Available...Savage Woman Charged with Assisting in Mortgage Fraud Scheme
A 47-year-old real estate agent from Savage was charged by Information with participating in a multi-million dollar mortgage fraud scheme that victimized lenders across the country. Full Story Available at:Savage Woman Charged with Assisting in Mortgage...Owner of California Investment Company Indicted in $228 Million Ponzi Scheme
Bruce Fred Friedman, the owner of a Sherman Oaks, California company that promised investors healthy returns with claims of a successful business based on the rehabilitation of “scratch and dent” real estate, was indicted on federal fraud...
Mayor And the London Homes And Communities Agency to Help 1,000 Families Place a Foot on Property Ladder
Nearly 1,000 families, currently in rented and particularly overcrowded accommodation, will be able to take their first step towards owning their own home in London under plans unveiled by the Mayor of London, Boris Johnson, and the London Homes and Communities...
Bank Foreclosure Homes Up 38% in Past Year
Bank Foreclosures Sale has announced that bank foreclosures were up 5% in the second quarter of 2010. With 269,960 bank repossessions recorded, a new quarterly record was set for bank repossessions, which are up a staggering 38% from the second quarter...
Foreclosures Fall 5% in First Half of Year
Foreclosure Listings Nationwide, a provider of foreclosure listings and foreclosure investment information, has announced a nationwide 5% decrease in foreclosure properties over the past six months. Much of the decrease occurred during the second quarter...Foreclosure Reduces a Home’s Sale Price By 27% on Average
Foreclosure reduces the eventual sale price of a home by an average 27%, compared to the prices paid for similar properties nearby. Those nearby homes, in turn, could see their own prices depressed by 1%, if they happen to be within 250 feet of the foreclosed...
Saif And Kareena On The Lookout For Their Dream Home
The flats on top floor of the apartment that is on construction just opposite Fortune Heights have nothing much to do with the whopping prices of real estate properties in Bandra west. It is the apartment owned by Saif Ali Khan and Kareena Kapoor on the...
