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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