Miami Condo Investments

Entries Tagged as 'Miami mortgage fraud'

Beautiful 5 Bedroom Condo at Villa Regina with 4,100 Square Feet - $1,499,900

May 6th, 2008 · 49 Comments

4,100 Sq Ft 5 Bedroom/5 Bath at Villa Regina

5 bedroom condos in Brickell are very rare. In fact, at this time there are only 2 other condos listed in the MLS with this many bedrooms in Brickell. Just last week, I listed the best priced 5 bedroom in Brickell in a building called [...]

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Tags: Brickell Condos · Foreclosures · Luxury Condo · Luxury Real Estate · Miami Beach Condos · Miami Condo Closing Rates · Miami Foreclosures · Miami condo news · Miami condos · Miami mortgage fraud · Miami real estate · Ten Museum Park · The Grand · Villa Regina

The Sail on Brickell Penthouse 2 Bedroom/2 Bath Foreclosure - $299,900

March 21st, 2008 · 109 Comments

In September of last year, I revealed a very compelling piece about the apparent mortgage fraud at The Sail on Brickell. At the time, a 2 bedroom/2 bath at The Sail on Brickell had recently sold for $670,000!!! Now, there’s a bank-owned 2 bedroom/2 bath Penthouse condo at The Sail on Brickell that [...]

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Tags: Brickell Condos · Foreclosures · Miami Foreclosures · Miami condos · Miami mortgage fraud · The Sail on Brickell

Were the Banks Complicit in the Mortgage Fraud?

November 7th, 2007 · 3 Comments

Shares of Washington Mutual tumbled a little over 17 percent today as a result of a probe initiated by New York Attorney General Andrew Cuomo. Subpoenas were issued today by Cuomo to Fannie Mae and Freddie Mac, two large government-sponsored mortgage investors, to investigate mortgages that they purchased from Washington Mutual. Cuomo alleged [...]

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Tags: Miami mortgage fraud · mortgage fraud

Miami-Dade County Implements Mortgage Fraud Task Force

November 2nd, 2007 · 12 Comments

Miami-Dade County implemented a Mortgage Fraud Task Force division to combat the high number of mortgage fraud cases in Miami-Dade County. The Mortgage Fraud Task Force website reveals that the division will be comprised of the following five committees:

Law Enforcement Committee - responsible for the detection, investigation, apprehension and prosecution of the mortgage fraud [...]

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Tags: Miami mortgage fraud · mortgage fraud

Governmental Intervention in the Housing Market

September 1st, 2007 · 1 Comment

Yesterday, President Bush discussed his plan to aid homeowners at risk of losing their homes. Most of the plan focused on assisting borrowers to refinance their adjustable-rate loans to more conventional loans provided by the Federal Housing Authority.
I took a look at his recommendations and of particular interest to me was his proposal to [...]

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Tags: Miami Foreclosures · Miami condos · Miami mortgage fraud · Miami real estate · Preforeclosure · The Club at Brickell Bay · Vue at Brickell · mortgage fraud · mortgage news · short-sale