13 South Florida residents, including licensed mortgage brokers and attorneys, stand accused of engaging in a $16m mortgage fraud scheme, according to indictments made public this week. The documents, unsealed in a Fort Lauderdale federal court, alleges the defendants bought and sold property in Broward and Palm Beach counties using fraudulent filings to obtain loans.

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U.S. home prices rise by 4% in December

Last December, home prices climbed by 4% from the previous year, according to CoreLogic. By the end of this year, the company projects they’ll increase by 5.2%.

Feb 17, 2020 By
3d rendering of a row of luxury townhouses along a street

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