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Monthly Archives: May 2013

ST. HUD AND ALABAMA REAL ESTATE COMPANY SETTLE CLAIM ALLEGING AGENT DISCRIMINATED AGAINST AFRICAN...

The U.S. Department of Housing and Urban Development (HUD) announced today that LLB&B, Inc., a real estate company based in Mobile, AL, will pay $29,000 as part of a Conciliation Agreement resolving allegations that one of its agents refused to show a condominium to a prospective homebuyer because he is African American. The homebuyer alleged that he learned of the discrimination when the real estate agent inadvertently left a message on his telephone voicemail indicating her belief that white neighbors would ‘panic’ at the prospect of an African American neighbor.

Real estate listings displayed with ease on IDX synced website hosted by Realtor Jeff...

North Alabama MLS (NALMLS) listings are now seamlessly integrated onto the website supported by IDX, Inc. and hosted by agent Jeff York. Huntsville, Alabama area properties, combining real estate listings from the surrounding states, once required a complicated and time consuming online property search. Now, potential buyers can efficiently and effectively scan NALMLS listings from the convenience of the website York hosts. Alabama property listings have never been so accessible via an online real estate search.

Two Alabama Real Estate Investors and Their Company Sentenced for Their Roles in Bid-Rigging...

Two Alabama real estate investors and their company were sentenced today in U.S. District Court for the Southern District of Alabama in Mobile, for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama, the Department of Justice announced

Alabama Supreme Court Upholds Lower Court’s Recognition of MERS’ Authority to Assign Mortgages

MERSCORP Holdings, Inc. today announced that a five-justice panel of the Alabama Supreme Court affirmed a lower court’s decision which in part validated MERS’ ability to assign mortgages as the nominee for the original lender and its successors and assigns.