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 struggling to overcome higher home …
Mortgage
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TRENTON – Governor Philip D. Murphy and Lt. Governor Sheila Y. Oliver today announced the upcoming launch of the Emergency Rescue Mortgage Assistance Program (ERMA), administered by the New Jersey …
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Real estate agent sentenced for running multi-year mortgage and real estate commission fraud schemes
by DOJ PressATLANTA – Atlanta real estate agent Eric Hill has been sentenced for his participation in a mortgage fraud scheme that netted more than $21 million in fraudulent mortgage loans. Many …
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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, according to Freddie Mac. The …
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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 to refinance an Augusta apartment …
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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
by DOJ PressOKLAHOMA CITY – RONALD J. MCCORD, 71, of Oklahoma City, was sentenced this morning to serve 104 months in prison for defrauding locally-based banks, Fannie Mae, homeowners, and others through …
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BOSTON – A Taunton man was arrested today in connection with making alleged fraudulent Pandemic Unemployment Assistance (PUA) claims and for making false statements in support of a residential mortgage …
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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 on 25,209 homes in the …