nation
Mortgage company follows Quicken Loans downtown
July 25, 2010 by admin · Leave a Comment
One Reverse Mortgage LLC, the nation’s third largest reverse mortgage lender, will relocate its headquarters from Livonia and join its sister companies, Quicken Loans, Fathead and In-House Realty, in downtown Detroit.
Original post:
Mortgage company follows Quicken Loans downtown
nation
Mortgage fraud cases soar
July 21, 2010 by publisher · Leave a Comment
Mortgage fraud investigators in Tampa lead the nation for pending cases, according to the FBI’s Year in Review report.
View original here:
Mortgage fraud cases soar
nation
Erie mortgage-fraud defendant looks to have sentenced reduced or thrown out
July 21, 2010 by publisher · Leave a Comment
Former mortgage office manager Francis R. Conti is serving nearly three years in federal prison in relation to a widespread Erie mortgage-fraud scam.
Read more from the original source:
Erie mortgage-fraud defendant looks to have sentenced reduced or thrown out
nation
Mortgage CEO charged with fraud
June 16, 2010 by admin · Leave a Comment
WASHINGTON — The former chairman of a large mortgage lending company has been charged in a $1.9 billion fraud scheme that contributed to the failure of Colonial Bank, one of the nation’s 50 largest banks before it was seized by regulators last year, the Justice Department said Wednesday.
View original post here:
Mortgage CEO charged with fraud
nation
CMHC Forecasts 15% Drop in Mortgage Debt Sales: Canada Credit
June 7, 2010 by admin · Leave a Comment
June 8 (Bloomberg) — Canada Housing Trust, the financing arm of the nation’s housing agency, may sell about 15 percent less debt this year as higher interest rates and sales taxes slow the rate of mortgage purchases.
Originally posted here:
CMHC Forecasts 15% Drop in Mortgage Debt Sales: Canada Credit
nation
Senate votes to ban certain bonuses for mortgage brokers, loan officers
May 12, 2010 by · 1 Comment
The legislation prohibits payments for signing borrowers to higher interest rates and more onerous terms than those for which the borrowers were qualified. The U.S. Senate voted Wednesday to ban certain bonus payments to mortgage brokers and loan officers, cutting off what experts have called one of the key causes of the nation’s mortgage meltdown.
See original here:
Senate votes to ban certain bonuses for mortgage brokers, loan officers
nation
Opposition pushes Tories to boot MP named in mortgage-fraud suit
May 6, 2010 by · Leave a Comment
Opposition MPs demanded Thursday that a Conservative MP named as a defendant in a massive mortgage scam sit as an independent until his name is cleared.
The rest is here:
Opposition pushes Tories to boot MP named in mortgage-fraud suit
nation
Former CMHA building inspector indicted in mortgage fraud case
May 6, 2010 by · Leave a Comment
A Cuyahoga Metropolitan Housing Authority inspector and other new defendants have been added to what Cuyahoga County prosecutors bill as the nation’s biggest mortgage fraud cases.
See the rest here:
Former CMHA building inspector indicted in mortgage fraud case
nation
Direct-only mortgage deals rise to over 50% of market
April 30, 2010 by · Leave a Comment
Defaqto recently launched a new banking report, which highlights the growth in direct-only mortgage products. It says that the growth in direct-only products places mortgage brokers at a disadvantage.
See the original post:
Direct-only mortgage deals rise to over 50% of market
nation
Report: Maryland mortgage fraud eased in 2009
April 30, 2010 by admin · Leave a Comment
Maryland again had one of the highest rates of mortgage fraud in the nation last year, but the rate was lower than in 2008, according to a report released this week by the Mortgage Asset Research Institute.
Here is the original post:
Report: Maryland mortgage fraud eased in 2009