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A Utah man pleaded guilty in federal court for his role in a multimillion-dollar mortgage fraud scheme that resulted in the illegal flipping of six properties and huge lender losses.
July 17 -
In a letter, 106 House members urged the Consumer Financial Protection Bureau to adopt a qualified mortgage rule that provides lenders with a safe harbor from litigation.
July 17 -
There is much discussion about how housing prices have stabilized lately, implying the housing market is progressing forward into recovery mode. Econ 101 says differently.
July 17
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Several banks are under investigation for allegedly submitting false information meant to manipulate Libor, a measure used to establish a wide range of interest rates.
July 17 -
With the bucket-load of regulations coming down the pike toward mandatory implementation in our industry, its time to track, measure and quantify experience while simultaneously speeding the process, complying with changing rules, and recovering the most dollars.
July 17
Woodward Asset Capital -
The economy is in the tank and thousands of people are out of work. In the U.S., given the slow recovery, the housing crisis continues.
July 16 -
Since the start of this year, house prices have risen 2.5% through April 30.
July 16 -
Chairing a webinar is like chairing a session on a hot topic at a live meeting. The big difference is you are sitting somewhere alone in a room with the controls all in front of you.
July 16
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A pair of Orrstown Financial Services executives quit just two months after the company's chief financial officer resigned.
July 16 -
Attorneys general in at least three states are conducting investigations tied to alleged manipulation of the London interbank offered rate, adding to probes by U.S. and U.K. authorities.
July 16




