Friday, November 23, 2012

Real Estate News

San Diego needs its own Housing Hero
Big Bad Banking got some really BAD NEWS last week as Mother Jones Magazine’s Andy Kroll broke the story of huge law firms, known as “foreclosure mills”, operating in Florida (and elsewhere) engaged in the potentially illegal taking of millions of homes.

GMAC -a subsidiary of Ally Financial was so worried it suspended foreclosure evictions and sales altogether. Rising Democratic Party star Rep. Alan Grayson along with his Ohio colleague Marcy Kaptur have been among the few voices in Congress for homeowners in the ongoing class war waged against them by Wall Street. It seems now they were right all along. You may remember Kaptur as the take-charge legislator who advised homeowners in her Toledo-area district to demand that banks produce th…


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