A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
Standard & Poor’s couldn’t get a judge to agree last week to throw out a lawsuit filed against it by the California attorney general, who seeks to hold the company to account for $1bn in losses by state pension funds.
A new rule that would require simplified mortgage paperwork reportedly won’t include an exemption for small lenders.
After weeks of often tense negotiations, the nation's biggest bank appears ready to sign an agreement to settle claims it sold shoddy mortgages to investors.
A federal jury convicted a Virginia woman Friday for her role in a multimillion-dollar mortgage fraud scheme.
A couple wrongly threatened with foreclosure has won something very rare – an apology from the mortgage company that almost took their house.
A Colorado grand jury has indicted nine people in connection with an alleged short-sale fraud scheme that targeted distressed homeowners.