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…
The president of a Boca Raton learning center was sentenced to nearly 22 years in prison Tuesday for schemes totaling more than $1 million in securities, mortgage and tax fraud, according to the U.S. Attorney’s Office. Donald Platten, who headed … Go to Source…
WASHINGTON — The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $ … Go to Source…
IT’S NOT HARD to start a partisan fight in Washington these days. But if you really want to see the fur fly, just gather a few Republicans and Democrats and get them arguing about how much blame Fannie Mae and Freddie Mac deserve for the 2008 economic … Go to Source…
IT’S NOT HARD to start a partisan fight in Washington these days. But if you really want to see the fur fly, just gather a few Republicans and Democrats and get them arguing about how much blame Fannie Mae and Freddie Mac deserve for the 2008 economic … 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…
The Mortgage Bankers Association (MBA) survey of gross application … of this recent rate volatility to lock in a low fixed-rate loan,” said MBA vice president of research and economics Michael Fratantoni. The MBA said its Refinance Index … Go to Source…
NEW YORK — Rates on 30-year fixed mortgages ticked up this week from the lowest level of the year. Freddie Mac said Thursday that the average rate rose to 4.79 percent, up from 4.78 percent last week. A year ago, the rate averaged 5.29 percent … Go to Source…
It’s premature to declare victory just yet,” said Rick Sharga, a RealtyTrac senior vice president … The RealtyTrac report follows an encouraging report last month from the Mortgage Bankers Association. It said the percentage of borrowers who had … Go to Source…
LPS Applied Analytics President Ted Jadlos breaks down data on skipped mortgage payments. Go to Source…
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