Top 8 states for mortgage fraud
The information and notices contained on Mortgage Fraud Blog are intended to summarize recent developments in mortgage fraud cases and mortgage banking matters nationwide. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice.
Rising rental rates and stagnant salaries widen affordability gap Homeownership still considered best long-term investment: Pew What Do Homeowners Say About Homeownership?. 96% of all homeowners said homeownership has been a positive experience. 64% consider buying a home as a safe investment. Buying a home was considered safer than buying stocks by over three times the number of people (64% vs 17%)..Contents stagnant salaries widen affordability gap posted: march 21 Housingwire. mortgage tech rundown Fargo ceo search Mortgage Tech Rundown looks at the latest news in mortgage technology, Calyx Software announced a partnership with LoanScorecard, NPR Offers Remedial MBS Analysis for Regulators Rising rental rates and stagnant salaries widen affordability gap affordable Housing Facts and.RealtyTrac reports foreclosure filings rise 3% in January One in every 312 homes in Florida had a foreclosure filing in October, compared with one in every 706 homes in the nation overall. With one in every 352 homes receiving foreclosure filings, Nevada claimed the No. 2 spot in October.
· Mortgage fraud doesn’t just nab unsuspecting homeowners. Lawyers can get caught in the web, too. Such was the case of one veteran real estate.
Click to enlarge. Rhode Island fell out of the top 10, being replaced by the District of Columbia. The state with the highest year-over-year growth in mortgage application fraud risk was Louisiana at 17%; Kansas had the largest decline at 35.2%. Of the six components in the CoreLogic Mortgage Application Fraud Type Indexes,
Carrington’s Sharga: We are not creating another housing bubble Mortgage rates plummet to new lows Investment adviser pleads guilty in multimillion-dollar real estate scam Lack of inventory hinders top real estate markets comcast and HUD provide low-cost Internet to Miami-Dade public housing Today, Comcast and the U.S. Department of Housing and Urban Development’s (HUD) ConnectHome initiative took an historic step to close the digital divide in America. Now, public housing and hud-assisted residents living in Comcast’s service area are eligible to apply for Internet Essentials, the company’s acclaimed, high-speed internet adoption program for low-income families.However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. buyer demand naturally increases during the summer months, but supply is not keeping up. Here are the thoughts of a few industry experts on the subject:Fed Publishes Wave of Rules for Mortgage Origination Transparency The rule will preserve consumer choice by ensuring that consumers can choose from loan options that include the loan with the lowest rate and the loan with the least amount of points and origination fees, rather than the loans that maximize the originator’s compensation. The Federal Register notice containing the final rules is attached.Investment adviser pleads guilty in $96M Ponzi scheme involving montauk resort. brian callahan, 44, acknowledged in pleading guilty in federal court in Central Islip that he had solicited investments into mutual and hedge funds he operated but instead siphoned the money to the resort. Among the potential victims was the Montauk Fire Department,Stay on top of current and historical data relating to Germany 10-year bond yield. The yield on a Treasury bill represents the return an investor will receive by holding the bond to maturity.2018 HW Tech100 Winner: Ephesoft Morty is an online mortgage broker that empowers homebuyers to make smarter home financing decisions. With a modern tech stack and a marketplace of lenders, we offer customers the most options, great.Aug 9 – US home prices have now officially surpassed their housing boom peak. Does that mean we are in another housing bubble? That’s a logical thing to assume, says Rick Sharga from Ten-X.
There is no shortage of legislation at the local, state or federal level designed to reduce mortgage fraud. States have taken a big step recently by requiring loan officer licensing and continuing.
Welcome to the Illinois Attorney General’s Help for Homeowners page. If you are behind in your mortgage payments, the materials on this page contain important information about the steps you should take to prevent foreclosure and avoid falling prey to foreclosure rescue scams.
Mortgage fraud is a criminal act that involves an individual misrepresenting themselves using either false information and/or omitted information as a means of obtaining a mortgage loan illegally. There are many different methods that can be utilized in order to perpetrate a mortgage scam.
Bucking trend, REOs show price gains: Clear Capital Clear Capital took a granular look at the Washington, D.C. metro in its study to illustrate the "locality" of real estate price trends. The District posted a 2 percent quarterly increase in home prices and 6.7 percent yearly gain in Clear Capital’s latest survey.
Top 10 mortgage fraud states By Les Christie, staff writer April 27, 2010: 9:38 AM ET. NEW YORK (CNNMoney.com) — Mortgage fraud is still on the rise, according to a report released Monday.
Worsham said if he would have stacked all the mail found on top of each other, the officer would be buried behind it. The.
DocuTech integrates with Blend’s digital platform Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its collaboration with Blend, one of the consumer lending industrys leading digital platforms. The partnership will support integration between the Blend platform and Docutechs document and.
“Over the last five years, we have prosecuted over 300 mortgage fraud defendants,” Wagner said in a press. more than $5.4 million in sales tax to BOE, and nearly $1.8 million to the state.
mortgage foreclosure against Appellee. According to the complaint, Appellee owns a home subject to a mortgage for which Appellant is the mortgagee. Appellant averred that Appellee’s mortgage was in default due to Appellee’s failure to pay her monthly mortgage costs. The parties eventually agreed to settle the matter.