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The U.S. Attorney's Office for the Eastern District of California has indicted Robert Farrace of Modesto, Calif., on charges of wire fraud in connection to a short-sale scheme.
June 19 -
Varde Partners has closed a $500 million fund that will invest in real estate securities, the firm announced this week.
June 19 -
The Consumer Services division of Washington state's Department of Financial Institutions has accused Quicken Loans with sending false claims in direct mail advertising to military members.
June 19 -
A flood of ex-homeowners may be ready to re-enter the mortgage market over the next five years, according to a TransUnion report.
June 18 -
Optimism abounds in Fannie Mae's survey of mortgage lenders for the second quarter of 2015.
June 17 -
Wells Fargo has hired a new head of commercial real estate lending for its Orange County, Calif., office.
June 17 -
A new analysis from CoreLogic found that 254,000 homes regained equity in the first quarter, meaning there are now 44.9 million mortgaged properties (representing 90% of the total) that are above water as of March 31.
June 17 -
Freddie Mac's weekly survey of the primary mortgage market found average interest rates for conforming loan products to be fairly stable.
June 4 -
Ratings agency Fitch took a cautious approach to the residential mortgage-backed securities market in its latest report on the sector.
June 4 -
The number of delinquent loans backing commercial mortgage-backed securities dropped significantly in May, according to a report by Trepp.
June 3 -
While demand for mortgages continues to slide up and down, profits for independent mortgage bankers are up.
June 3 -
Weekly demand for mortgage loans continues its trend of being consistently inconsistent.
June 3 -
A case study of two ZIP codes confirms what people have thought for years: younger professionals have helped revitalize once-neglected, inner-city neighborhoods.
June 2 -
National home prices, including those of distressed properties, increased 6.8% this past April from where they stood a year before.
June 2 -
Citadel Servicing Corp., a California-based nonbank wholesale mortgage lender and servicer, has rolled out a subprime second trust deed loan program.
June 2 -
The Mortgage Partnership Finance Program, a part of the Federal Home Loan Bank of Chicago, will now offer a higher maximum loan on its MPF Direct product.
June 1 -
A Florida court on Friday sided with the Consumer Financial Protection Bureau and the state over claims that a law firm charged illegal fees to consumers seeking foreclosure relief.
May 29 -
Take this with a large dose of salt, but an online survey by credit agency Experian shows the benefits of, you guessed it, credit reports.
May 27 -
Freddie Mac's monthly Multi-Indicator Market Index showed almost 80% of the top 100 housing markets in the country continued to improve in March from February.
May 27 -
Existing home sales in May will increase by 5.8% from the same month last year, the real estate marketplace Auction.com predicts. The company also expects existing home sales to rise 2.9% from April.
May 22