Archive for June, 2011

Wednesday, June 29th, 2011 at 9:46am

Limited Replay of Fraud Webinar

On June 28, 2011, I gave a more than 90 minute webinar on fraud issues in short sales. This was hosted by Nathan Jurewicz, who was kind enough to record it and post it for replay for a LIMITED time. It’s on his server, not mine, and I don’t know how long he’ll have it […]

Wednesday, June 8th, 2011 at 9:07pm

FDIC Sues CoreLogic for Appraisal Fraud

I hate to give you too much too fast, but I just came across a lawsuit filed a couple weeks ago in Santa Ana, California in which the FDIC is suing CoreLogic for $129 million in connection with alleged appraisal fraud relating to the failure of Washington Mutual alone. Could there be more losses at […]

Wednesday, June 8th, 2011 at 2:20pm

Exposing Fallacies in the CoreLogic Suspicious Short Sale Report

Could a highly publicized “study” warning of $375 million of “unnecessary” loan losses in “suspicious short sales” be manipulating figures just to sell more of its author’s services? Prepare to read the following in depth analysis and I’m confident you’ll find that the answer is obvious. Last week, articles began appearing in real estate oriented […]

Monday, June 6th, 2011 at 10:19am

The Ill-Logic of CoreLogic: Suspicious Transactions

It’s easy to make headlines when you control the data, the definitions and the conclusions. That’s what CoreLogic did last week – as an unwitting disservice to the double dipping real estate market, ethical real estate professionals and the legitimate private investors who are providing necessary liquidity into distressed markets that banks refuse to touch. […]

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