State takes on mortgage fraud (Colorado Springs Gazette) Mortgage fraud is not new in Colorado and efforts to police the industry are intensifying at the state and local levels.read more...
11 face federal charges in S. Florida mortgage fraud ring (Sun-Sentinel) Eleven people were charged Tuesday with taking part in a mortgage fraud and identity theft ring in which they allegedly bought more than 30 homes and received $12 million in
Fixed or flexible? Doing the mortgage math After 15 rate hikes by the Federal Reserve, many economists are predicting the Fed is nearing the end of its tightening cycle.read more...
Can I still get a mortgage? (Evening Standard) Homebuyers are seeing the cost of mortgages continue to climb despite falling house prices. Mortgage brokers say lenders are cold-shouldering 'risky' borrowers as they desperately try to improve their returns
New signs of decline in U.S. housing NEW YORK The largest American maker of luxury homes said Tuesday that the era of soaring home prices might have ended and that price growth could be reverting to more
Banks Shrug Off Recent Mortgage Slowdown (San Francisco Chronicle) Wells Fargo & Co. and U.S. Bancorp posted record first-quarter profit on Tuesday, shrugging off a recent home mortgage slowdown caused by rising interest rates. Profit at San Francisco-based Wells
Mortgage applications sank to their lowest level in four years last week, the Mortgage Bankers Association said.
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