News: Mortgage Fraud On the Rise Due to Liar Loans
When we speak of “liar loans,” this can be as a result of mortgage fraud done by either the loan officer by falsifying documents or the consumer when they lie to the (more…)
News: Another Seven More Banks Fail
The banking crisis seems to be far from over. With only 4 months into the year, another seven more banks have gone to the way side.
Yes, the FDIC’s failed bank list jumped (more…)
News: Fraudulent Home Mortgage Practices Are Dropping
A report just released said one in every 200 residential loans funded last year which totaled $14 billion, involved some type of fraudulent activity, according to First American CoreLogic.
Although this may look like an an unsettling amount of shadiness lurking within the mortgage market, the (more…)
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