Uncategorized
The Price is Wrong
Imagine a vacant, boarded-up shell of a house at auction. The local community development corporation is bidding, though it has calculated that even if the price were zero, substantial subsidies […]
Uncategorized
Flip… Flip… Flip… Flop (Property Flipping and Mortgage Fraud)
Vincent Quayle and the folks at the St. Ambrose Housing Aid Center in Baltimore began to sense something was wrong about 1997, when people began coming to them for foreclosure […]