The Spinello Group

11/22/2011

(Reuters) - A company run by former American International Group Inc Chief Executive Maurice Hank Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional.The

09/20/2011

Leading House Democrats are accusing the Obama administration of ignoring the lingering mortgage crisis and threatening tens-of-millions of Americans with foreclosure in the process.

08/29/2011

Way to go Lu Ann!

People in Real Estate: LuAnn Levine. If, as Andy Warhol said, everyone eventually gets their 15 minutes of fame, LuAnn Lavine is getting hers. Or at least five, maybe six minutes. In the week or so since she stood up in a crowd and asked President Obama how he planned to help the housing market,...

07/28/2011

Here is one way to get rid of those REOs!

Bank of America Corp., faced with a glut of foreclosed and abandoned houses it can’t sell, has a new tool to get rid of the most decrepit ones: a bulldozer.

07/15/2011

Is it the lenders or the Govt holding things up?

Empty houses sit with no utilities, making it the perfect environment for mold, which can cause thousands of dollars in damage. In some states, it's estimated that more than half of foreclosed homes have mold and mildew issues.

06/27/2011

How do you think this will affect your market? Call us! We will let you know!

Foreclosure filings are down 86 percent compared to last year after a December crackdown, but lenders are waiting to file tens of thousands more notices

06/22/2011

June 21 (Bloomberg) -- Rick Sharga, senior vice president at RealtyTrac, discusses the outlook for the U.S. housing market. Sharga speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

06/22/2011

If you want to really know what is going on in the South Orange County real estate market, call us! We will let you know when you should or should not buy!

A number of cities around the U.S. have weathered the property crash pretty well. The Wall Street Journal offers three clues that could signal better times ahead.

05/09/2011

Cluster **** 101. If you need help or know someone that does... Call me

THE PROPERTY REPORT: Moves by banks to ditch law firms snared in the robo-signing mess are spreading delays and confusion to borrowers, while angering judges who are grappling with thousands of foreclosure cases now trapped in limbo.

04/11/2011

Free Homes! Hmm?

Perry Laspina was in the middle of foreclosure with the possibility of losing the house he owned in Jacksonville. Then the mail came one day in late January telling him that the house was his.Despite the $72,000 mortgage that he barely paid anything on, despite the foreclosure ... the house was his.

03/25/2011

The Reason Foundation on why there should not be a government role—explicit or implicit—in guaranteeing housing finance.