Michigan GOP Sponsored Foreclosure Bills Would Cost Banks Money & Would Not Speed Up Foreclosures As I wrote about last week, the Michigan GOP dominated Michigan Legislature is using legislation written by the Michigan Bankers Association and lobbyists representing foreclosure mill operator David Trott to shorten Michigan’s post Sheriff’s Sale redemption period from six months […]
Organized Crime Has Become the Bankers’ Best Friend Rowan Bosworth-Davies wrote a great piece on his Rowans Blog site about how organized crime has become the banker’s best friend. At a time of significant financial crisis, banks are always looking for ways to maintain their profit margins and encourage inward deposit-taking. Despite stringent anti-money laundering laws, […]
RE Group With Alleged Ties To Hezbollah & Former Detroit News Reporter Being Sued Three Detroit-based real estate investment firms with alleged ties to terrorist group Hezbollah are being sued by Kathryn Llewellyn-Jones and other investors from Australia, Great Britain and Yemen who claim they are victims of an elaborate Ponzi scheme where defendants would […]
One Silly Homeowner Slept With A Baseball Bat Next To His Bed For Two Years The Detroit Free Press posted an article today that basically painted real estate agents as evil greedy bastards. The Freep believes homeowners should be warned of Poltergeists. The law does not require sellers to disclose to potential home buyers if […]
Booher And Richardville Play Boy Toy To Lobbyists By Introducing Bill To Gut Homeowners’ Rights After Pocketing A Combined $137,000 Michigan Senate Majority Leader Randy Richardville and Freshman Senator Darwin Booher played boy toy to banking lobbyists. The two senators introduced Senate Bill 383 on Wednesday. The bill would reduce Michigan’s post-foreclosure redemption period from […]
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