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Loan Modification

: Flipping Frenzy

Special Report: Flipping, Flopping and Booming Mortgage Fraud

By Ralph Roberts

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CHICAGO (Reuters) - The house on the 53rd block of South Wood Street in Chicago’s Back of the Yards doesn’t look like a $355,000 home. There is no front door and most of the windows are boarded up. Public records show it sold in foreclosure for $25,500 in January 2009, then resold for $355,000 in October. [...]

Full post as published by Flipping Frenzy on August 19, 2010 (boomark / email).

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