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Washington Attorney General Settles With Kirkland-Based Real Estate Lead Company

November 06, 2007 -- SEATTLE – Washington Attorney General Rob McKenna today announced a settlement with a Kirkland-based company that sells leads to real estate agents on a subscription basis. HouseValues, Inc., is accused of misrepresenting the quality of information it provides and misrepresenting subscribers’ cancellation rights.    » read more »

NY AG Sues First American And Its Subsidiary For Conspiring With Washington Mutual To Inflate Real Estate Appraisals

Washington Mutual (WaMu) Demanded Appraisers Who Inflated Property Values; Internal E-Mails Show eAppraiseIT Executives Knew Their Scheme Was Illegal: “We have agreed to roll over and just do it”

NEW YORK, NY (November 1, 2007) – New York Attorney General Andrew M. Cuomo today announced that he is suing one of the nation’s largest real estate appraisal management companies and its parent corporation for colluding with the largest savings and loan in the country to inflate the appraisal values of homes.    » read more »

Real Estate Slump Felt In Wealthy Areas

Washington, D.C. - 10/11/2007 - Public assessments of the nation’s economy have fallen to a two-year low, and the nation’s economic outlook remains relatively gloomy. In particular, faced with a steady stream of negative news about the U.S. housing market, Americans are substantially less inclined than they were even a few months ago to say they expect home prices to increase over the next few years. People living in areas with the most expensive homes and middle-income Americans are particularly likely to say that future home prices will decline.    » read more »

Thailand Resident Liable in Widespread Real Estate Scam

U.S. citizen orchestrated scam from east Asia, filed fraudulent affidavits that kept Florida property off the open market

September 20, 2007 -- TALLAHASSEE, FL – A U.S. citizen residing in Thailand who orchestrated an elaborate real estate scam that “clouded” property titles is permanently prohibited from continuing his deceptive dealing with Florida property owners, Attorney General Bill McCollum today announced. After trial before Leon County Circuit Judge William L.    » read more »

Connecticut AG Blumenthal Sues Brokers, Realtors And Others For Vast Predatory Lending Scheme

Septement 5, 2006 -- Connecticut Attorney General Richard Blumenthal today announced a lawsuit against several defendants alleging an extensive statewide predatory lending scheme that devastated dozens of consumers.    » read more »

New York Attorney General Cuomo Stops Real Estate Company’s Illegal Tactics With Fredonia College Students

Owner of Fredonia rental properties to refund charges; pay $20,000 in fines/costs, reform practices

ALBANY, NY (July 5, 2007) – New York Attorney General Andrew M. Cuomo announced a settlement with the owner of three Fredonia apartment complexes which failed to return security deposits to area college students and charged illegal fees for carpet cleaning.    » read more »

Texas Court Shuts Down Austin Real Estate Scam

Orders Defendant to Pay $1.4 Million; Galindo Trust sold homes without disclosing liens; many consumers faced foreclosure

May 18, 2007 -- AUSTIN – An enforcement action brought by Texas Attorney General Greg Abbott has shut down an Austin real estate scam that targeted Hispanic home buyers.    » read more »

Illinois Attorney General Madigan Sues McHenry County Real Estate Broker

Attorney General Asks Court to Shut Down Business and Order Company to Reimburse Victims

May 14, 2007 -- Chicago - Illinois Attorney General Lisa Madigan today filed a lawsuit against a McHenry County real estate broker for allegedly deceiving consumers into paying $3,500 each to participate in a three-day seminar designed to teach methods for profiting in the pre-foreclosure real estate market.    » read more »

DOJ and FTC Issue Report on Competition in the Real Estate Brokerage Industry

Agencies Make Recommendations to Maintain Competition and Protect Consumers from Anticompetitive Conduct

May 8, 2007 -- WASHINGTON — The U.S.    » read more »

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