Mortgage Fraud Up 17%
Interthinx Vice President Ann Fulmer breaks down what you can do to fight mortgage fraud.
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More Mortgage Stuff:
• Homeowners should NEVER pay any up-front fees for mortgage modification services and should avoid any high-pressure sales tactics. Fees may only be collected AFTER services are completed. • Homeowners should first try talking to their … Go to Source…
2010 – (RealEstateRama) — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®). While the 30 … vice president and chief economist, Freddie Mac. “Interest rates on … Go to Source…
Years have passed since the housing crisis first brought the U.S. economy to the brink, but reports of mortgage fraud are only increasing, up 31 percent in the first quarter of 2011, according to the Financial Crimes Enforcement Network , a Treasury bureau … Go to Source…
Years have passed since the housing crisis first brought the U.S. economy to the brink, but reports of mortgage fraud are only increasing, up 31 percent in the first quarter of 2011, according to the Financial Crimes Enforcement Network , a Treasury bureau … Go to Source…
Mortgage rates again ticked up in the latest week amid less-severe inflationary concerns, according to Freddie Mac’s (FMCC) weekly survey of mortgage rates. Mortgage rates generally track U.S. bond yields, which move inversely to Treasury prices. Rates … Go to Source…
Mortgage rates mostly edged higher in the latest week, with the average on 30- year fixed-rate mortgages rising slightly to 4.87%, according to Freddie Mac’s ( FMCC) weekly survey. Mortgage rates generally track U.S. bond yields, which move inversely to … Go to Source…
NEW YORK, Jan 3 (Reuters) – Bank of America’s ( Symbol : BAC ) $2.8 billion settlement over soured mortgage loans it sold to U.S. mortgage giants Fannie Mae ( Symbol : FNMA ) and Freddie may set a precedent for other banks also to settle. For more, see … Go to Source…
An estimated 10,000 people were in line at Cal Expo this morning when the doors opened on a five-day event aimed at helping distressed homeowners avoid foreclosure. The line for the Neighborhood Assistance Corporation of America’s “Save the Dream” event … Go to Source…
The former president of a New Jersey-based mortgage company has been sentenced to 14 years in federal prison for orchestrating a $136 million fraud scheme. Forty-seven-year-old Montclair resident Michael McGrath had pleaded guilty to mail and wire fraud … Go to Source…
Federal regulators have charged six former executives — including former CEOs — at mortgage giants Fannie Mae and Freddie Mac with securities fraud, alleging they misled investors about their exposure to risky subprime mortgage debt. Go to Source…
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