Mortgages

A mortgage fraud ring of professionals operating in Syracuse allegedly obtained more than $1 million from lenders while preying on first-time home buyers and taxpayers.

HomePlus Mortgage has been rated by LendingTree’s consumer users as the top lender for providing consumer service in the second quarter.

Homebuilders continued to test pricing in a rising rate environment and some builders got too aggressive.

Auction.com, the largest online real estate marketplace that has sold more than $26 billion in assets since 2007, is expanding by opening its 10th office.

The nation’s community bankers have “serious concerns” about the new National Flood Insurance Program slated to take effect next month.

The Richmond, Calif., City Council refused to shelve a plan to seize mortgages that exceed the value of their properties, which has spurred lawsuits by U.S. banks including Wells Fargo.

A former mortgage broker who had worked for a business in Beaverton, Ore., faces more than four years of prison time.

Transparency is not just a mortgage industry buzzword but a necessity in the post-mortgage-bubble world.

Refinance application activity sank to its lowest level since June 2009, while the market share of refi apps is at a point not seen since April 2010.

JPMorgan Chase is easing mortgage lending standards in housing markets hard hit by the crash where prices are surging.

The candidate's ads made a personal connection with voters and created a primary-winning effort.

The impact is already depressing home values and freezing the market in certain communities.

Of the more than 650,000 first-lien mortgage applications submitted online last year, 35% came from someone 50 or older.

The nation's largest mortgage lender is exploring the sale of some servicing rights because the market is flush with potential buyers and it sees little opportunity to cross-sell many servicing clients.

Bill McBride of Calculated Risk finds the August Las Vegas housing market trends are offering the best window so far into whether the residential real estate inventory has bottomed.

Safeguard Properties is being sued by the state of Illinois alleging that the company violated the Consumer Fraud Act by illegally dispossessed occupants from their homes without proper jurisdiction.

Starwood's pricing worked out to approximately $24.30 per share.

As the housing market recovery carries on, a slowdown in foreclosures activity continues in Massachusetts.

Even though the Dow Jones Industrial Average gained 125 points, just nine Mortgage Industry Equity Composite members closed higher on Tuesday.

The HUD Inspector General and Department of Justice officials are in settlement talks with some the largest Federal Housing Administration lenders.