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Foreclosure Activity Surged During First Half of 2026

Foreclosure Activity Surged During First Half of 2026

by Phil Hall | Jul 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 227,548 residential properties carried foreclosure filings in the first half of this year, up 21% year-over-year. According to data from ATTOM, among states with at least 500 foreclosure filings in the first half of 2026, the largest year-over-year...
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud

Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud

by Phil Hall | Apr 3, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A pair of Fiji nationals residing in California were sentenced for leading a multimillion-dollar mortgage fraud scheme. According to court records, Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes from...
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Dec 6, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for his role a multi-year scheme to defraud his clients by engaging in fraudulent short sales of government and bank-owned properties to straw buyers acting at the direction of the defendant....
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Oct 8, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for defrauding his clients through a scheme involving the short sales of government and bank-owned properties to straw buyers. Sheldon Haag was sentenced to one year and one day in prison and two...

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