Year: 2013

It is common in the Aspen area for second homeowners to upgrade by buying a larger or better located house. And most times they want to sell their existing home before they purchase the new home. I have recently seen a couple of transactions in which a prospective buyer of an upgraded home in the […]

The entire lending industry is based on the assumption that lenders making loans secured by collateral will have their interest in the collateral protected in virtually all  circumstances.  In the world of risks that can create a catastrophic failure of collateral value to a lender, perhaps the murkiest and most difficult to quantify is the […]

On December 4, 2012 the Department of Justice announced that during the 2012 fiscal year, it recovered $4.9 billion in settlements and judgments in civil cases involving alleged fraud against the government. That amount constitutes a record recovery for a single year, eclipsing the previous record by more than $1.7 billion. Of that amount, $3.3 […]