Mortgage rates fall for second straight week
Thursday, March 17th, 2011Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last month’s record lows.
Wis. agency will resume lending to home buyers
Thursday, March 17th, 2011Wisconsin residents seeking to buy a home for the first time got a boost Friday when the state’s affordable housing agency announced plans to resume lending after a 17-month suspension.
Mortgage Fraud Rises For Fifth Consecutive Year
Thursday, March 17th, 2011Mortgage fraud increased in the U.S. for the fifth consecutive year, according to the Appraisal Institute. The institute, an organization of 25,000 real estate appraisers, reported a 7% increase in fraud reports from 2008 to 2009. The increase was sizable but much smaller than the 20%-plus jumps the market saw each year from 2005 to [...]
Arizona No. 4 for mortgage fraud
Thursday, March 17th, 2011Arizona now ranks fourth for mortgage fraud nationally. It’s the first time the state has cracked the top five for the problem, according to data released this week from the Mortgage Asset Research Institute.