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February 2009
You are browsing the archive for February 2009.
First Time Buyer Credit
The Department and the Internal Revenue Service which will manage it announced on Wednesday, February 25, that forms and regulations are already in place for homebuyers who wish to claim the first-time credit enabled under the act.
Obama May Help Homeowners
The Obama administration is looking at subsidizing the mortgage payments of struggling borrowers before they default, according to sources familiar with the discussions..
15 Charged in Real Estate Scam
Fifteen people have been charged by the Philadelphia District Attorney’s office in a real estate theft scheme that preyed on naive and non-English-speaking buyers in Kensington and other poor city neighborhoods.
District Attorney Lynne M. Abraham announced the charges in a news conference shortly before noon today, saying 82 fraudulent property sales had been linked to the [...]
Real Estate Agent Gets Prison Time
Real estate agent Linda Edwards was sentenced Friday to up to three years and five months in federal prison and ordered to pay nearly $800,000 after her conviction in a mortgage fraud case.
Edwards, 55, of Centennial, operated Affable Realty in Aurora. She was convicted July 25 after a jury trial on charges of wire fraud, false [...]
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