Elegados Get Jail Time for Mortgage Fraud Scheme

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The U.S. Attorney General’s office filed charges against Eric and Charmagne Elegado of Escondido for their role in a $50 million fraud scheme. According to prosecutors, Charmagne Elegado was the mastermind of the mortgage scam, and her husband, Eric, was involved in the marketing, parking Bentleys and Ferraris outside of his get rich quick seminars. […]

Looking for a Job? Weekly Housing News

Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs for distressed borrowers. Or, there are hot topics that […]

Chase Bank Changes Short Sale Application Process

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Short Sale Application Process If you are an agent that is working the short sale market, then you want to be up-to-date on the policies and procedures of the different lending institutions. (By the way, you can always watch our webinar with the latest lending procedures by clicking here.) Chase Bank does want you to […]

Weekly Housing News Including Hot Auction.com Info

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Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs for distressed borrowers. Or, there are hot topics that […]

Short Sale Flops and Other Housing News

Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs for distressed borrowers. Or, there are hot topics that […]

Google Capital Invests in Auction.com

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Google Capital Invests in Auction.com Did you hear the news? In a press release on Auction.com, it’s announced that Google Capital has invested $50 million in the auction.com site, a national real estate auction site for buying and selling homes online. According to the CEO of auction.com, “Google is the world’s greatest Internet company and […]