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Tag Archives: Robert Praytor

Short sales invite fraud

Perhaps with the end of the nation’s housing crisis, a previously seldom-heard term — the short sale — will go away. And with its departure, banks will be relieved of the short sale frauds that investigators with federal mortgage guarantor Freddie Mac say costs lenders nationwide hundreds of millions of dollars a year. Mississippi hasn’t had any prosecutions of short ...

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Leaving the arena

As many as 100 Mississippi real estate pros giving up licenses each month The sustained slump in Mississippi’s real estate market is leading 100 licensed real estate professionals a month to quit the business, state licensing records show. Just making it by the day is the key, one broker said. “We only eat what we kill. And if we don’t kill ...

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