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Monterey Peninsula Real Estate News
3 California residents sentenced for $11M home-mortgage scam
Posted on Monday July 24, 2017
SANTA ANA, Calif. (AP) - Three California residents have been sentenced for stealing about $11 million from homeowners facing foreclosure by pretending to be a government program or nonprofit offering financial help.
The Orange County Register reports (http://bit.ly/2vSq44D ) a federal jury in Virginia convicted the trio earlier this year of mail fraud, wire fraud and conspiracy to commit fraud.
Russian spies' New Jersey home heading up for sale
Posted on Saturday July 22, 2017
MONTCLAIR, N.J. (AP) - A New Jersey home that has been vacant since the FBI arrested a family of undercover Russian spies living there is heading up for sale.
Vladimir and Lydia Guryev lived in the home in Montclair under the names Richard and Cynthia Murphy before they were arrested in 2010.
Black homeowners struggle as US housing market recovers
Posted on Sunday July 09, 2017
SAN FRANCISCO (AP) - Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in San Francisco more than two decades ago.
Today, the couple is living in a motel after they were evicted last year, having lost a foreclosure battle.
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