Inventoryinfo icon852,241 10,694
30-yr Fixed Rate30-yr Fixedinfo icon6.59% 0.00%
10Y Treasuryinfo icon4.56% 0.01%
30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily.Data sourced from FRED
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Capmark Nursing Homes Default, US Sues 

Jun 10, 2009By

The latest effort by US officials to crack down on costly mortgage fraud culminated in a lawsuit Tuesday after two federally-guaranteed mortgage defaults cost the government almost $26m. The US Justice Department filed suit against California-based mortgage lender Capmark Finance, seeking treble damages and penalties. The charges, filed in the US District Court in Los Angeles, alleges Capmark made false statements on applications for federal mortgage insurance covering residential nursing homes.

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