Mortgage scammer commits fraud from inside jail cell

Mortgage scammer commits fraud from inside jail cell

Alan Tikal stole $5.8 million from homeowners

Which banks are positioned to capitalize on stress test results?

Deeper dive into Dodd-Frank stress test

More troubling signs point to potential increase in defaults

And yet we introduce a 100% LTV mortgage
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Items Tagged with 'mortgage lending'

ARTICLES

1st Alliance Lending launches mortgage program for underserved borrowers

Expands access to lending with multi-channel program
Ben Lane
1st Alliance Lending is launching a new national mortgage lending platform in an effort to spur lending for “underserved borrowers who are seeking to overcome past credit challenges and purchase a home,” the company said in a release.
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These homes were bigger when I was younger

Five properties that aren’t the giants you thought
Trey Garrison
When you’re a kid everything looks big, but when you grow up, you realize that some things that were huge then aren’t so much now. Take a look and add your own.
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Unemployment rate falls as all-time high number drop out of labor force

Employers added 295K jobs in February
Trey Garrison
The unemployment rate dropped and an unbelievable number of jobs were added by employers, but the devil is in the details.
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FHFA director Watt answers “What’s going on with HARP?”

Sets industry talks straight
Brena Swanson
After a town hall meeting on the Home Affordable Refinance Program on Wednesday, the housing market was left questioning if the program would be extended or possibly even expanded. And the industry was quick to ask FHFA Director Mel Watt to clarify at the Goldman Sachs Housing Finance Conference in New York City the next day.
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Redwood Trust: 4 optimistic opportunities ahead for mortgage REITs

Experts weigh in on mREITS at Goldman Sachs Housing Finance Conference
Brena Swanson
While the overall consensus leaned toward a less-than-thriller year for mortgage real estate investment trusts, one expert at the Goldman Sachs Housing Finance Conference was optimistic about the future of mREITs.
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Massachusetts Court of Appeals upholds MERS rights

Rules mortgage assignment was valid
Ben Lane
MERSCORP’s rights as mortgagee have come under fire in many courtrooms throughout the U.S., but a decision from the Massachusetts Court of Appeals reinforces the company’s right to assign a mortgage.
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Boston housing market slowdown isn’t the weather

Something else is freezing out the Olde Towne
Trey Garrison
Home sales in Boston are slowing, and while the city is currently buried under several feet of snow, it's not the weather. Here's the scoop.
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NY appeals court approves Countrywide’s $8.5B settlement

BNY Mellon acted properly as trustee four years ago
Trey Garrison
This could be the final hurdle, and payouts could be coming soon in the rep and warranty settlement. Here’s what happened and what it could mean for JPM and Citibank’s settlements.
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Calgary housing market a canary in the shale mine?

Home prices, sales plummet alongside price of crude oil
Trey Garrison
Oil prices dropping are making a lot of Americans happy. But not everyone. And what's happening up in Calgary could be coming to a lot of shale oil states. Here's why.
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More troubling signs point to potential increase in defaults

And yet we introduce a 100% LTV mortgage
Lynn Effinger
These new reports indicate that we are most likely entering a period of higher risk over the next four years as it relates to resetting these “bubble-era” HELOCs. This is especially troubling given noticeably slowing home price appreciation in many markets across America.
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