Mortgage News Wire

The latest mortgage industry news dump.

Big Banks May Pay $20 Billion Each for Mortgage Fraud

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Big Banks Expecting to Pay $20 Billion Each for Mortgage Fraud – The Atlantic

FDIC Sues Mortgage Broker Amerifund for $1 Million on Behalf of Downey S&L – Bloomberg

UPDATE: Fannie Mae Foreclosure Plan Sets New Standards For Servicers – Reuters

Borrowers With Home Equity Loans Much More Likely to Be Underwater – The Truth About Mortgage

Falling Mortgage Rates Spur Serial Refinancing – CNBC

CoreLogic settles with 2 defendants in AVM patent case – Inman News

Harvard Study: Over 9 Million Homeowners “Cost-Burdened” – DS News

MGIC tightens default guidelines for mortgage servicers – HousingWire

Walk away from your mortgage? Time to get ‘ruthless’ – CNN

Hong Kong Banks’ Mortgage Rate Increases Taking Steam Out of Housing Boom – Bloomberg

Priests help to pay for mortgage on bishop’s house – New Ross Standard


Written by mortgagelink

June 7, 2011 at 5:28 pm

Posted in Mortgage News

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