Current mortgage rates are trolling their lowest levels of 2014, and are near an 18-month best. Combined with rising home values, today’s falling rates make this an excellent time to buy a home or to refinance one.
Three Miami Real Estate Developers Convicted in $20 Million Mortgage Fraud Scheme
(Source: USDOJ) – A federal jury convicted three Miami real estate developers today for their roles in a $20 million mortgage fraud scheme involvin
|CFPB Expands, Clarifies Rules Related To Foreclosure
|on 21 Nov 2014 by MortgageOrb.com
|The Consumer Financial Protection Bureau (CFPB) is proposing numerous new rules for mortgage servicers to ensure that – in the words of CFPB Director Richard Cordray – “no one is wrongly foreclosed upon.” Most of the new rules expand upon or clarify existing rules on the CFPB’s books. Among them [read more]
Foreclosure scams costing New Yorkers millions
Some 2,700 families across the state have been affected by foreclosure scams, which offer false promises of loan modifications, and the problem is …