Tag Archives: Haitham Hijazi

The other side of house flipping: pushing out the homeowners






Ironically, the Director of the Prince George’s County Department of Permitting, Inspections and Enforcement (DPIE) acquired his own residential property in the aftermath of the 2008-2009 mortgage derivatives debacle. The real property on Willes Vision Drive in Bowie, Maryland, owned by DPIE Director Haitham Hijazi, sold in October 2004 for $600,728. Real estate near Bowie Read More

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House flippers help pressure homeowners into foreclosure






Reducing foreclosure ‘backlogs’ is not the same as reducing foreclosures. To reduce foreclosures, best we keep people in their homes. Unfortunately, a different strategy is too often pursued, at least in Prince George’s County–speeding up the foreclosures. The backlog of foreclosures still in the hopper in the county can thus be reduced, on the books. It’s Read More

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Why is a P. G. County official (or his family) buying up foreclosed homes?






On October 14, 2016, my neighbor received a two-page letter from the bank holding her mortgage note, M&T Bank. As foreclosure letters go, it could have been worse, on paper. M&T told her that it was “reviewing” her “workout package.” “It is possible,” the bankers informed her, that “we may determine that additional information is Read More

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