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Between April 5, 2006 and Feb. 26, 2007, the government presented evidence that the defendant committed 30 fraudulent sales transactions.
August 16 -
The overall stock market is on a three-day losing streak, but Mortgage Industry Equity Composite gainers topped decliners 9-7-1.
August 16 -
A commercial loan scenario posted on the Mortgage Grapevine is looking for $750,000 with a 50% loan-to-value ratio.
August 16 -
Capital One Financial Corp. has agreed to buy multifamily mortgage lender Beech Street Capital.
August 16 -
The commercial mortgage-backed securities deal priced its short dated, 2.47-year, class A1 tranche at 55 basis points.
August 16 -
CUNA Mutual Group filed five different civil fraud suits in federal court against major Wall Street banks seeking to force the banks to buy back $285 million worth of residential mortgage-backed securities gone bust.
August 16 -
New York housing advocates are calling for mandatory inclusionary zoning that requires developers to include affordable housing into new developments.
August 16 -
The Federal Housing Administration has issued guidance for its new Back to Work program that could open the door for borrowers who lost their jobs and their homes during the recession to qualify for a FHA-insured mortgage.
August 16 -
Redfins July Bidding War Report found that competition on homes for sale fell to 63.3% of listings with more than one offer in July from 68.6% in June.
August 16




