U.S. mortgage interest rates top 4% for first time since 2019
– The interest rate on the most popular U.S. home loan surged by the most in nearly two years last week, shooting above the 4% …
Mortgage
U.S. mortgage rates jump to two-year high, further squeezing buyers
By Jonnelle Marte -U.S. mortgage rates increased to a two-year high last week and could keep rising, a trend which may further squeeze first-time buyers …
New Jersey offering up to $35,000 in financial mortgage assistance for struggling homeowners
TRENTON – Governor Philip D. Murphy and Lt. Governor Sheila Y. Oliver today announced the upcoming launch of the Emergency Rescue Mortgage Assistance Program (ERMA), …
Real estate agent sentenced for running multi-year mortgage and real estate commission fraud schemes
ATLANTA – Atlanta real estate agent Eric Hill has been sentenced for his participation in a mortgage fraud scheme that netted more than $21 million …
Americans Ring In 2022 With Highest Mortgage Rates Since The Pandemic Started
Harry Wilmerding on January 6, 2022 Mortgage rates soared to their highest level since the beginning of the pandemic in the first week of 2022, …
Augusta man convicted of multi-million-dollar scheme to defraud a mortgage lender
AUGUSTA, GA: An Augusta man has been convicted of fraud by a federal jury who found he committed fraud when he borrowed nearly $3 million …
Former President of First Mortgage Company Sentenced to Serve 104 Months in Federal Prison and Pay More Than $51.8 Million in Restitution to Victims
OKLAHOMA CITY – RONALD J. MCCORD, 71, of Oklahoma City, was sentenced this morning to serve 104 months in prison for defrauding locally-based banks, Fannie …
Taunton Man Charged with Pandemic Unemployment and Mortgage Fraud
BOSTON – A Taunton man was arrested today in connection with making alleged fraudulent Pandemic Unemployment Assistance (PUA) claims and for making false statements in …
Foreclosures Reportedly Spike As Pandemic Mortgage Benefits End
Home foreclosures across the U.S. are starting to spike as COVID-19 pandemic benefits begin to expire, CNBC reported. Private mortgage lenders started the foreclosure process …