and you’d think by now title agents would STOP enabling or colluding to defraud lenders.
You know, younger, inexperienced, or stupid title agents might make the argument that they didn’t understand that having two settlement statements was mortgage fraud. Though they’d still be held accountable by authorities, someone might have believed them a year or two [...]

Think back to 3 - 4 years ago. What was it like being a loan officer? What sort of mortgage marketing strategies did you have in place? Judging by what I’m told when loan officers call me up desperate for a marketing solution, many had very little in place, or at least they didn’t have [...]

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24/7 Wall Street presents and interesting angle on the role of mortgage rates in recovering the housing market. Are we in an economy where factors and anxiety around unemployment and investment make it such that mortgage rates are too much at any cost?
While some data shows that housing may be finding a bottom, [...]

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Roubini, professor at NYU’s Stern School of Business and the chairman of consulting firm Roubini Global Economics, tells Bloomberg that banks are not out of the woods yet. The infamous doomsdayer of the impending mortgage crisis in 2004, is cautioning investors and economist on reveilling in the euphoria of optimist [...]