Mortgage Broker
Latest Posts
Are Brokers Liable for Fraud on Stated Income Loans?
Aug 28, 2007If you’re a mortgage broker in Alaska, it appears the answer to the question can be yes. From Newsday comes an interesting story: A U.S. District Court in Alaska Monday sentenced a former American Home Mortgage branch manager to serve more than 2 years in prison and pay a $50,000 fine and $190,000 in restitution in connection with wire fraud charges after he falsified documentation to secure “stated income” mortgage loans from American Home and Countrywide Financial.
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Calyx Reports Nearly 70 Percent Market Share
Aug 20, 2007 -
Opteum Subsidiary to Sell Remaining Servicing Portfolio
Jul 27, 2007 -
Federal Regulators Release Final Subprime Guidance; An Unlevel Playing Field?
Jun 29, 2007 -
a la mode Now Offering Free Mortgage Websites
Jun 26, 2007 -
American Guardian: Fraud is Brokers’ Problem, Not Ours
Jun 25, 2007 -
FTC: Current Mortgage Disclosures Inadequate
Jun 14, 2007 -
Arizona Legislature Makes Mortgage Fraud a Crime
Jun 11, 2007 -
MBA Looks to Create National Fraud Database
Jun 11, 2007 -
Introducing the Newest Form of Fraud – And it’s Legal (For Now)
Jun 05, 2007 -
Colorado Governor Gets Tough on Foreclosures
Jun 04, 2007 -
Was Mortgage Broker Fraud Rampant During the Boom?
May 25, 2007