Investigators say that short sale fraud is running rampant in the US right now, plaguing markets and seriously impacting on mortgage lenders, who are missing out on thousands of dollars due to the problem. One of the most common real estate scams in short sales is for investors to make a lowball offer on
When Toxic Assets Aren’t the Only Toxic Element
March 17, 2011 by
Westport Investment Group, a real estate acquisition and advisory firm, announced its positioning to acquire deep discounted bank assets. The firm stands poised to acquire toxic assets from U.S. financial institutions, and in assisting in the recapitalization of selected banks. For banks scheduled to be taken over by the FDIC, Westport may represent a viable alternative.
