Renee Grosz's Real Estate Blog

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 It’s already the middle of the month. I’m already behind with one of my goals for the New Year. The New Year has definitely started off with a bang! We are already seeing big changes in 2010. The earth quake in Haiti so much devastation. So Sad! There are big changes in  real estate and in the  lending industry.  Bloomberg reported that “HUD is investigating 15 mortgage firms for possible fraud involving FHA-backed loans in a probe that could expand to other lenders. The department has subpoenaed those with the highest default rates, although it stressed that there is no evidence of wrongdoing and that no accusations have been leveled.”  I’ll keep you updated!