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(Business News) When a well known Realtor and his loan officer wife get rich off of $50 million in falsified loans and wash profits...
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All posts tagged "mortgage crisis"
Housing News
Although the average contract interest rate fell for many types of loans, mortgage application volume fell - the MBA points out that Columbus Day...
Housing News
One Bank of America employee has been charged with a scheme that put over $1 million in his pocket.
Housing News
If you follow the money at several major foreclosure mill firms, the abuses being discovered at various levels are astounding. One state is investigating,...
Housing News
When it was discovered that Eric Holder misstated facts about the Mortgage Fraud Task Force, the DOJ initially issued a press release to correct...
Housing News
Two arrests are finally set to be made in JPMorgan's "London Whale" case wherein the bank allegedly covered up $6B in losses - will...
Economic News
Eric Holder has overstated facts about the mortgage fraud task force formed to seek out and punish wrongdoing, raising additional questions about the crisis.
Housing News
Local governments in California are known to launch experiments, but invoking eminent domain on underwater mortgages is raising questions and eyebrows across the nation.
Economic News
Former Bank of America staff members are coming forward, alleging bank policies that forced employees to lie to homeowners and in some cases, illegally...
Housing News
Wells Fargo has taken a harsh tone in the case of a homeowner who sent in too much money one month in an effort...
Housing News
MERS, once blamed for the entire housing crash, is now being affirmed by judges - could more courts and more states rule in favor...
Housing News
MERS, once blamed for the entire housing crash, is now being affirmed by judges - could more courts and more states rule in favor...
Housing News
MERS has been the target of many lawsuits from counties claiming unpaid fees, but judges are more frequently ruling against plaintiffs and overturning cases...
Economic News
After a bitter fight, homeowners are finally being compensated for big banks illegally foreclosing, but in a cruel twist, the government is firing independent...
Economic News
Foreclosure starts fell substantially in LPS' most recent report, but the drop may be temporary and is not cause for celebration or called a...
Housing News
Fannie, Freddie and major lenders are freezing foreclosures for the holidays, but come January, evictions will resume, and there is no promise of leniency...
Economic News
Home prices are on their way up on a national level, when compared to 2011, but actually fell in October, with another fall forecast...
Housing News
After charges were filed against a former DocX executive this spring, the nation has awaited the final result as an indicator of what will...
Housing News
MERS has been the target of many lawsuits from counties claiming unpaid fees, but a homeowner recently tried their hand at suing and has...
Housing News
With the FHFA still overseeing Fannie Mae and Freddie Mac, the three are seeking to possibly sell off their delinquent loans, according to the...
Housing News
Why is Oklahoma the first state that illegal foreclosure victims will see compensation? And why are they getting 20 times more than residents of...
Mortgage
Implying Wells Fargo has acted as an assembly line for mass FHA lending, regardless of quality, the government is suing the bank for deficient...
Housing News
After claiming ownership of what she says was an abandoned home, an odd story is spun by a woman who calls herself a politician,...
Housing News
Housing is finally showing a blip on the heart monitor after years of devastation, but this map is a harsh reminder that the sector...
Housing News
As a part of our nation's cleaning up their mortgage act, the CFPB is looking to require better communication from servicers and will streamline...
