News

  • Beleaguered BOA axes more mortgage jobs by Ryan Smith

    Bank of America - found liable earlier this week for defrauding Fannie Mae and Freddie Mac - has announced that it will cut about 3,000 mortgage jobs in the fourth quarter

  • Two convicted of mortgage fraud by Ryan Smith

    Two Charlotte, N.C., residents have been convicted in federal court for their part in a massive mortgage scam that federal prosecutors say involved dozens of people and tens of millions of dollars

  • Feds probing nine banks over MBS sales by MPA

    The Justice Department is investigating at least nine banks for their sale of mortgage-backed securities

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