Yearly Archives: 2012

Wisconsin Department of Justice Obtains Judgment Against Portage County Property Owners for Erosion Control...

MADISON - December 4, 2012 - (RealEstateRama) -- Attorney General J.B. Van Hollen has announced that his office has obtained a judgment in a civil action filed in Portage County Circuit Court on April 2, 2010, against Lexton Properties, LLC and HH Condos, LLC of Stevens Point, Wisconsin. The civil complaint filed by Assistant Attorney General Cynthia Hirsch alleges that the defendants owned properties in Portage County known as Harmony Village, North Harmony Village, and Echo Dells and at various times, as managers of these properties, the defendants failed to implement and maintain erosion control practices on the referenced properties in violation of Wisconsin law.

National Mortgage Settlement Monitor’s Report Released

MADISON - November 20, 2012 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced that Wisconsin residents have begun taking advantage of relief offered under the National Mortgage Settlement, according to a report released by the Settlement Monitor today. The five settling banks reported that, through the end of September, 2012, 1,873 Wisconsin borrowers have benefited from some type of consumer relief totaling $86,204,414 – an average of $46,025 per borrower. Additionally, over 500 Wisconsin borrowers have been approved for trial modifications which is expected to provide over $32 million in additional relief over the next months, an average of $64,869 per borrower.

Former CPA Sentenced in Mortgage Fraud Investigation

MADISON, WI - October 31, 2012 - (RealEstateRama) -- John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that P. Edwin Gray, 59, Oregon, Wisconsin, was sentenced yesterday by U.S. District Judge Barbara B. Crabb to three years’ probation and ordered to pay $336,100 in restitution for his role in a mortgage fraud scheme


CHICAGO - September 24, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded Wisconsin nearly $720,000 in grants to help public and assisted housing residents connect with local services to obtain education and training to find jobs. The funding allows these local grantees to retain or hire 1,500 service coordinators to work directly with HUD-assisted families to connect them to the supportive services that meet their individual needs to become gainfully employed. (See chart at bottom of release.)

Bruijn-Hansen Appointed Local Government Property Insurance Fund Manager

Madison, WI - August 23, 2012 - (RealEstateRama) -- Wisconsin Insurance Commissioner Ted Nickel has appointed Brynn Bruijn-Hansen as the Insurance Program Manager of the Local Government Property Insurance Fund (Fund).

EPA Announces Brownfields Grants

Madison - August 21, 2012 - (RealEstateRama) -- U.S. Environmental Protection Agency Regional Administrator Susan Hedman today announced EPA brownfields grants totaling $800,000 to clean up contaminated properties in Madison, Wisconsin.

Revenue Asks Appraisers and Real Estate Organizations to Destroy and Replace Real Estate Report

July 25, 2012 - (RealEstateRama) -- The Wisconsin Department of Revenue (DOR) has contacted appraiser and real estate organizations asking them to destroy and replace a 2011 real estate sale report after the agency was notified it contained personal, confidential information for some sellers. The 2011 historical property sales report that was posted online contained a second, imbedded file, and the imbedded file held the confidential seller information.

Redevelopment grant for Village of Menomonee Falls

MADISON, WI - July 6, 2012 - (RealEstateRama) -- The Village of Menomonee Falls will receive up to a $500,000 Blight Elimination and Brownfield Redevelopment...

Wisconsin Man Charged with Racketeering, Embezzlement, Fraud and Tax Crimes in Million-Dollar Mortgage Fraud...

MADISON - July 10, 2012 - (RealEstateRama) -- Attorney General J.B. Van Hollen and Marathon County District Attorney Kenneth J. Heimerman announced the filing of a complaint today, charging Jay Fischer with racketeering, embezzlement, fraud, and tax crimes. The complaint filed in Marathon County included twenty-one felony and four misdemeanor counts.

Suzanne Powers teams with IDX Broker to sync thousands of Wisconsin real estate listings...

EUGENE, OR - June 28, 2012 - (RealEstateRama) -- IDX, Inc. is pleased to announce the growing network of real estate agents and brokers utilizing the incredible IDX Broker software on their professional websites has grown once again, with the addition of a customizable IDX solution to the website of Suzanne Powers. As a Wisconsin real estate broker, Powers has the unique ability to give her clients a comprehensive online property search directly on her website. Metro Milwaukee MLS (MetroMLS) instantly displays thousands of detailed home listings on the results page of her website, giving home seekers on the website of Powers a complete and thorough online search experience. Never before has such a dynamic tool been so easily accessible to Whitefish Bay, Wisconsin potential buyers


Attorney General J.B. Van Hollen Announces National Mortgage Settlement Relief Exceeds...

Attorney General J.B. Van Hollen announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.



The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560.