tuesday

Mortgage Giant Countrywide Sued For Racial Discrimination

*Attorney General Lisa Madigan filed a lawsuit Tuesday against Countrywide, alleging the fallen mortgage industry giant discriminated against blacks and Latinos buying home mortgages in Illinois, reports the AP. The lawsuit, filed in Cook County Circuit Court, claimed the Bank of America Corp., subsidiary steered minority borrowers into risky subprime mortgages more often than white

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Mortgage Giant Countrywide Sued For Racial Discrimination

tuesday

Mortgage fraud scammer Sonny Kim pleads guilty, will name wider network

TAMPA A federal investigation into mortgage fraud got wider on Tuesday when Fang Min Kim pleaded guilty to money-laundering and conspiracy to commit mail fraud.

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Mortgage fraud scammer Sonny Kim pleads guilty, will name wider network

tuesday

British mortgage approvals stall in May

British mortgage approvals stalled unexpectedly in May and a surprise pick up in lending failed to excite analysts who still expect lacklustre housing market activity to accompany a slow economic recovery this year.

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British mortgage approvals stall in May

tuesday

Appeals court sides with mortgage-holding banks in Snyder case

A federal appellate court Tuesday turned down the first of the lawsuits filed in the Ponzi scheme of mortgage broker Wesley A. Snyder.

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Appeals court sides with mortgage-holding banks in Snyder case

tuesday

More banks raise mortgage rates

Three more Canadian banks joined the parade of financial institutions on Tuesday that have raised mortgage rates in April

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More banks raise mortgage rates

tuesday

Cracking down mortgage fraud in RI

Local law enforcement officials have created a new task force in order to crack down on mortgage fraud.

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Cracking down mortgage fraud in RI

tuesday

Boca Raton man pleads guilty to fraud in $5 million mortgage scheme

Jason Vitulano, 44, allegedly cheated lenders as branch manager at TopDot Mortgage A Boca Raton man pleaded guilty in federal court Tuesday to fraud charges in a $5 million mortgage scheme, according to federal authorities.

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Boca Raton man pleads guilty to fraud in $5 million mortgage scheme

tuesday

Mortgage broker pleads guilty to 103 counts in Slavic Village fraud case

Mark Kellogg, accused of devastating Cleveland’s Slavic Village neighborhood, could spend decades behind bars after pleading guilty Tuesday to 103 mortgage fraud-related charges.

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Mortgage broker pleads guilty to 103 counts in Slavic Village fraud case

tuesday

House panel OKs bill to protect mortgage borrowers (Chattanooga Times Free Press)

ATLANTA — A House Judiciary subcommittee passed a bill Tuesday that legislators say would prevent mortgage brokers from making loans that borrowers cannot repay.

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House panel OKs bill to protect mortgage borrowers (Chattanooga Times Free Press)

tuesday

Big banks raise mortgage rates in sign era of historically low rates ending (The Canadian Press via Yahoo! Canada News)

TORONTO - Three of Canada’s biggest banks are increasing some of their residential mortgage rates effective Tuesday in the latest sign that consumers should prepare for the era of historically low rates to soon come to an end.

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Big banks raise mortgage rates in sign era of historically low rates ending (The Canadian Press via Yahoo! Canada News)

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