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Author Archives: Brittany Dunn

New Partnership Offers REO Solutions to Banks

In an effort to help banks across the nation reduce REO properties, Conexxus, LLC, headquartered in Birmingham, Alabama and TPI Integrated Solutions, LLC (TIS), based in Louisville, Kentucky, have joined forces.

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Low-Cost Foreclosures Attract Investors

The influx of foreclosed homes on the market is grabbing the attention of investors. According to a homeownership survey released Wednesday by Move.com, the number of consumers interested in investing in real estate has doubled since March 2009.

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Home, Condo Sales on the Rise in Florida

The third quarter of 2009 proved to be positive for home and condo sales in Florida. Compared to this year's second quarter, all of Florida's metropolitan statistical areas (MSAs) reporting increases existing home sales during the third quarter and 17 MSAs showing gains in existing condo sales during the third quarter.

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Broker Sentenced to Prison for Mortgage Fraud

The sentencing for a mortgage fraud case in Houston, Texas was announced today by United States Attorney Tim Johnson. At a hearing Monday afternoon, United States District Judge Lynn N. Hughes sentenced Clarence Lewis III to 15 years in federal prison without parole for running a mortgage fraud scheme.

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Agency Sees Effects of Homebuyer Tax Credit

StartingPoint Realty, Inc., a real estate agency in Chicago, Illinois, discovered that the first-time homebuyer tax credit proved to be a motivating factor in their client's decision to purchase a home.

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