More mortgage brokers, loan officers, and others chose Minnesota over all other states in which to bilk homeowners and lenders, placing the northern state first for mortgage fraud activity and...
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Stocks for Mortgage Banks Fall on Euro Zone Fears
...rates. At the same time, he added, a perilous financial situation in Europe could crimp U.S. financial institutions with investments overseas, applying downward pressure to still-stagnant credit supply for homeowners....
Read More »Industry Insiders: Rough Road Ahead for Obama Refi Proposal
...proposal. With the Congressional Budget Office (CBO) ""estimating"":https://themreport.com/articles/cbo-fields-winners-losers-in-obama-refinance-bill-2011-09-08 that some 2.9 million homeowners could refinance their mortgages at current rates, industry veterans and analysts offered up alternatives and forecasts for...
Read More »CBO Fields Winners, Losers in Obama Refinance Program
Speaking before a joint session of Congress Thursday evening, ""President Barack Obama"":http://www.whitehouse.gov/administration/president-obama unveiled a $447 billion jobs bill - and plans to allow millions of eligible homeowners to refinance their...
Read More »Freddie, HUD Offer a Hand to Irene Victims
...of federal relief will allow qualifying homeowners in distress to gain reprieve from late fees and penalties likely to result from delayed mortgage payments, avoid foreclosure and eviction from their...
Read More »Millions in Mortgage Fraud, Untold Ruin for Victims
...scammed lenders and homeowners out of tens of millions of dollars overall. Notably, a judge granted the request of a prosecutor to stay judgment for one alleged scammer in favor...
Read More »FHFA Sues 17 Companies Over MBS Losses
...$20 billion, with much of it intended to help homeowners in distress with their mortgages, according to the _New York Times_. The newspaper also cited a $10-billion suit underway with...
Read More »Housing Industries Freeze Alongside Zero Job Growth
...Thursday. New federal stimulus measures come on the heels of a rumored refinance plan, which multiple news outlets allege would allow homeowners across the country to alter the debt obligations...
Read More »HUD Scorecard Touts Initiatives Despite Housing Health
...numerous industry-respected analytics sources and painted a helpful portrait of the homeownership and refinance endeavors it has made possible. [IMAGE] Sources polled for the government gauge of housing and economic...
Read More »Appraisers Get New Standards
...recently revised their appraisal guidelines to streamline a sometimes unclear process, but some warn of the potential for fallout among appraisers, realtors, and homeowners unfamiliar with the new standards. [IMAGE]...
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