As Banks Retreat, Private Equity Rushes to Buy Troubled Home Mortgages

As Banks Retreat, Private Equity Rushes to Buy Troubled Home Mortgages
Many of the foreclosed homes are clustered in Florida, Ohio, New Jersey, California and Texas. A majority of the homes foreclosed on by Caliber have been bought back by another Lone Star affiliate at either a trustee or sheriff's auction. The private …
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San Antonio lawyer accused of tampering with court document
A San Antonio associate with the white-shoe law firm Jackson Walker LLP found himself in quite the predicament Wednesday, accused of doctoring a court document that was then used to stop a scheduled foreclosure sale on a $ 1.5 million home in Houston.
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Tipping Point: In Huntington Village, the Community Association has All the Power
She got the house in a foreclosure sale for about $ 80,000, renovated it — the previous owner used to have a bonfire on the bare cement floor in the living room and the house, built in 1974, hadn't really been updated since then — and moved in with …
Read more on Houston Press

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