Competitive Tightening - Part I
Many looked at recent rise in Treasury yields – and thus slump in Treasury prices – as evidence points to a stronger U.S. economy.
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Bond prices fall After a brutal week for bonds, U.S. Treasurys were coming under renewed selling pressure Monday as the yield on the benchmark 10-year note briefly climbed to 4.73 percent, its highest
New Jersey Loan Fraud From Inman News: Four plead guilty to New Jersey real estate loan fraud A former real estate broker, loan officer, closing attorney and one of their employees pleaded guilty to
Mortgage analysis firm to cooperate in NY probe (Reuters via Yahoo! News) Mortgage loan analysis company Clayton Holdings Inc , in an agreement with New York's attorney general, said on Saturday it would detail how Wall Street firms disregarded its warnings
Mortgage Fraud Ring Dupes Las Vegas Home Sellers (KLAS) The FBI has identified Nevada as one of the top ten mortgage fraud hot spots in the nation. According to the FBI mortgage fraud costs lenders more than $1 billion
Colorado cracks down on mortgage brokers (Denver Post) The Colorado Division of Real Estate issued its first formal actions against mortgage brokers accused of violating the state's lending laws. read more...
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