Mortgage Rates Jump Above 6% For First Time Since 2008, Making Buyers Feel The Squeeze John Hugh DeMastri on September 15, 2022 Thirty-year fixed-rate mortgages …
(Reuters) – The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now …
SAN FRANCISCO – Bay area rapper Mark “Kafani” Hicks, aka Amir Rashad, was sentenced to 87 months in prison for his role in orchestrating a …
(Reuters) – Morgan Stanley has seen moderation in loan growth and a lower mortgage demand due to rising interest rates, co-President Andrew Saperstein said in …
BEIJING (Reuters) – The Chinese city of Zhengzhou vowed to start building all stalled housing projects within 30 days, by making good use of special …
(Reuters) – Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions. Less than 100 positions …
Earlier today, at the federal courthouse in Central Islip, Edward E. Bohm, formerly the President of Sales and part-owner of mortgage lender Vanguard Funding, LLC …
BOSTON – A former Massachusetts attorney and his wife have been sentenced in federal court in Boston in connection with various mortgage fraud schemes. Barry …
FRESNO, Calif. — A federal grand jury returned an indictment against German Antonio Lopez-Velasquez, 55, of Modesto; Marko Antonio Lopez, 27, of Modesto; and Lisa …
PHILADELPHIA, PA – A mortgage company has settled to a $20 million payout for targeting minority neighborhoods in Philadelphia, deny loans simply based on where …
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that the Department of Justice, the Consumer Financial Protection Bureau (CFPB), and the Attorneys General of …
WASHINGTON – Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to …
By Clare Jim HONG KONG – A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is …
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that JACOB DEUTSCH, 57, of Brooklyn, New York, waived his right to be …
By Elizabeth Dilts Marshall NEW YORK – U.S. analysts and economists will be watching to see how banks’ mortgage businesses are faring during their second-quarter …
Dr. Matthew R. Burke is this year’s winner of the Freedom Mortgage Celebrate Freedom Award. Tweet this A former Safety Superintendent in the U.S. Air …
Homebuyers now have access to a seamless and full-service home financing experience with Landsea Mortgage NEWPORT BEACH, Calif., July 6, 2022 — Landsea Homes Corporation …
(Reuters) – Australia’s “big four” lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the …
TORONTO – Canada’s financial regulator said on Tuesday it would tighten rules for riskier home loan products, in a bid to address concern over high …
Spokane, Washington – Vanessa R. Waldref, the United States Attorney for the Eastern District of Washington, announced today that American Financial Network, Inc., a mortgage …
By Nichola Saminather TORONTO – Canadian Imperial Bank of Commerce is “comfortable” with the quality of its mortgage book, but is on the lookout for …
Join Freedom Mortgage’s fundraiser to provide school supplies to children of military families via the USO. Tweet this Money raised from the fundraiser will benefit …
By David Ljunggren OTTAWA – Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45% in …
(Reuters) – A measure of mortgage loan application volume fell to its lowest level in 22 years last week, Mortgage Bankers Association data showed on …
(Reuters) – Australia’s major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central …
AUGUSTA, GA: A former Richmond County man has been sentenced to federal prison for bank and bankruptcy fraud related to his purchase of an Augusta …
BOSTON – A former self-proclaimed Salem real estate developer has been convicted by a federal jury in Boston in connection with a 10-year mortgage fraud …
By Shrutee Sarkar BENGALURU – Canadian house price inflation will slow to 10% this year as the Bank of Canada raises interest rates aggressively, a …
By Vivek Mishra BENGALURU – Rampant rises in Australian house prices will grind almost to a halt this year, and an 8% decline is expected …
Acting U.S. Attorney Michelle M. Baeppler announced that the Financial Litigation Program (FLP) of the U.S. Attorney’s Office for the Northern District of Ohio collected …
Orlando, FL –United States Attorney Roger B. Handberg announces the return of an indictment charging Evelisse Hernandez (40, Kissimmee) with four counts of bank fraud …
The national delinquency rate fell to 2.80% in April, down four basis points from March, hitting a new record low for the second consecutive month …
SACRAMENTO, Calif. — James Christopher Castle, 57, formerly of Petaluma, was sentenced today to 15 years in prison for a bank fraud scheme that sought …
(Reuters) – U.S. household debt rose to a record $15.84 trillion in the first quarter driven almost entirely by a $250 billion increase in home …
(Reuters) – The Reserve Bank of New Zealand on Wednesday said it intends to finalise a framework on debt servicing restrictions (DSRs) on residential mortgage …
The national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% …
By Kannaki Deka and Abhijith Ganapavaram (Reuters) – U.S. homebuilders will likely find it harder to raise home prices in the coming months as rising …
(Reuters) – The average interest rate on the most popular U.S. home loan climbed to a 12 year high last week and fewer homebuyers sought …
By Lucia Mutikani WASHINGTON – Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains …
(Reuters) – The average interest rate on the most popular U.S. home loan kept climbing last week to stay at more than a three year …
SACRAMENTO, Calif. — Dorothy Natividad, of Vallejo, has paid $116,900 in damages and civil penalties to resolve allegations that she knowingly made false statements to …
BOSTON – The principal and co-founder of a mortgage short sale assistance company was sentenced yesterday in connection with defrauding mortgage lenders and investors out …
(Reuters) – The interest rate on the most popular U.S. home loan jumped last week by the most in 11 years as bond market investors …
‘Significant Uncertainty’: Mortgage Demand Plummets Amid Sky-High Rates, Massive Inflation Harry Wilmerding on March 16, 2022 Mortgage demand plummeted in mid March after a sharp …
NEWARK, N.J. – An Essex County, New Jersey, man was sentenced today to 108 months in prison for conspiring to obtain mortgage loans to finance …
Damian Williams, the United States Attorney for the Southern District of New York, and Daniel B. Brubaker, Inspector-in-Charge of the New York Office of the …
BOSTON – A former Massachusetts attorney and his wife pleaded guilty today in federal court in Boston in connection with various mortgage fraud schemes. Barry …
MOSCOW – Russia’s No. 2 lender VTB will hike mortgage rates by four percentgae points to 15.3% from Feb. 28, it said on Sunday, with …
Mortgage Applications Plummet As Housing Prices Surged To Record High Harry Wilmerding on February 23, 2022 Mortgage applications plummeted to their lowest level in three …
WASHINGTON – U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans …