Ex-NASA employees admit to luxury home mortgage fraud scheme
HOUSTON – A Missouri City couple who once worked at NASA admitted Friday to running a years-long mortgage fraud scheme tied to the financing of their luxury home, federal prosecutors…
HOUSTON – A Missouri City couple who once worked at NASA admitted Friday to running a years-long mortgage fraud scheme tied to the financing of their luxury home, federal prosecutors…
ALBANY, N.Y. — The FBI has opened a criminal investigation into allegations that New York Attorney General Letitia James falsified mortgage records related to property purchases in Virginia and Brooklyn,…
The Daily Caller News Foundation (DCNF) visited two properties in Norfolk, Virginia, owned by New York Attorney General Letitia James, amid allegations of mortgage fraud and misrepresentation. Despite paperwork suggesting…
NEW YORK – New York Attorney General Letitia James, a prominent political figure known for her aggressive and questionable legal pursuits against President Donald Trump, is now under scrutiny following…
HARRISBURG, Pa. — Pennsylvania Attorney General Michelle Henry has filed a civil lawsuit against Lehigh Valley-based mortgage brokers and their manager, Barry Newhart, accusing them of orchestrating a kickback scheme…
TRENTON, N.J. — Attorney General Matthew J. Platkin and the Division on Civil Rights (DCR) released a report on Tuesday revealing findings of unlawful mortgage redlining by Republic First Bank…
TRENTON, NJ – Aron Puretz, a 53-year-old real estate investor from New Jersey, pleaded guilty today to participating in a sophisticated mortgage fraud conspiracy. Over several years, Puretz and his…
MARK STEVEN DIAMOND schemed with others to induce homeowners to unwittingly obtain reverse mortgage loans to pay for purported home repairs that Diamond offered to perform. Diamond and the co-schemers…
NEWARK, NJ – Christopher J. Gallo, 44, of Old Tappan, New Jersey, and Mehmet A. Elmas, 32, a U.S. citizen residing in Turkey, have been charged with conspiracy to commit…
Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing homes fell 4.3% in March compared to the previous month…
BALTIMORE, MD – A Baltimore County resident has claimed a $50,000 prize from the Powerball drawing on March 27, with plans to use his winnings to pay off his home…
By David Milliken LONDON (Reuters) -British house prices rose this month more than economists had expected, adding to signs that the squeeze from high interest rates is beginning to ease,…
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased strongly in December, boosted by declining mortgage rates and a persistent shortage of previously owned houses on the market. New…
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates fell this week to the lowest since May 2023, Freddie Mac reported on Thursday, providing a possible boost to buyer…
TRENTON, N.J. – Nathaniel Anderson, deputy mayor of Willingboro Township, and Chrisone D. Anderson, a business associate, have been charged with orchestrating a fraudulent mortgage scheme, U.S. Attorney Philip R.…
By Amina Niasse NEW YORK (Reuters) – Mortgage rates edged higher for a second week, a survey released on Thursday showed, but they remain near the lowest levels since early…
By Amina Niasse NEW YORK (Reuters) – Mortgage rates fell to a six-month low this week to the lowest figure since June, indicating relief has come to prospective buyers on…
By Ann Saphir (Reuters) – The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve…
(Reuters) – The average interest rate on the most popular U.S. home loan fell this week to below 7% for the first time since August as Treasury market yields dropped…
(Reuters) – Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of…
By Ananta Agarwal (Reuters) – Real estate investment trusts (REITs) that own and manage apartments are expected to see a bump in their revenue from a rise in renewed leases…
By Nell Mackenzie LONDON (Reuters) – Blackstone’s Mortgage Trust shares fell as much as 9% on Wednesday after short-selling hedge fund Muddy Waters said that it had taken out a…
By Matt Tracy (Reuters) – Late payments on U.S. commercial property loans rose in November, driven by growing distress among office properties, according to a new report by Kroll Bond…
By Jonathan Stempel (Reuters) -Bank of America agreed to pay a $12 million fine to settle U.S. regulatory charges it routinely submitted inaccurate information about mortgage applicants to the federal…
MADRID (Reuters) – Bank of Spain Governor Pablo Hernandez de Cos on Monday said he did not see the need at the moment for banks to potentially extend mortgage relief…