FHA policy transparency fuels Ginnie Mae modernization Record income growth helps homebuyers in poorer cities Freddie Mac: Top 5 improving metro markets for housing So it is especially distressing to hear her warn of a potential housing "death spiral." On top of the 2.5 million homes that have already. Many mortgage holders, including giants fannie mae and.WASHINGTON – As it enters its 11th year, America’s economic expansion is now the longest on record. And income growth has been sluggish by historical standards, leaving many Americans feeling stuck.FHA policy transparency fuels Ginnie Mae modernization This article uses a historical case study from the United States to address that gap. A 1960s political battle between the federal government and the Johnson administration over asset sales and the budget culminated in a reorganization of U.S. housing finance policy: fannie Mae was "spun.
Man Pleads Guilty in $3.4 Million Las Vegas Mortgage Fraud Scheme U.S. Department of Justice January 05, 2012 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888
The last of six defendants who admitted roles in a $4 million mortgage fraud scheme was sentenced Wednesday to more than seven years in prison, according to the state Attorney General’s Office.
Dec 18, 2015, 2:24pm EST. A Georgia man was sentenced to nine years in prison followed by three years of supervised release, and ordered to pay more than $5.8 million in restitution for his role in a mortgage fraud ring that spanned five years and caused millions in losses.
A n ill-gotten life of luxury will come to an end for one California man, who was sentenced to more than four years in federal prison for operating a multi-million-dollar mortgage fraud scheme.
They were found guilty on February 13, 2015, after a 21-day trial, of multiple counts of mail and wire fraud associated with the mortgage fraud scheme. In addition, Peter Kuzmenko, Edward Shevtsov, and Aaron New were found guilty of money laundering associated with the scheme, and Nadia Kuzmenko was found guilty of witness tampering.
Paul Ryan budget will not abandon Fannie and Freddie fixed mortgage rates hit 50-year lows: Freddie Mac Mortgage rates today remain at historical lows, with over 60% of mortgage holders paying rates between 3.00% and 4.90% as of 2015. We used interest rate data from Freddie Mac’s Primary Mortgage Market Survey (PMMS) to examine historical mortgage rates and the factors that have impacted their downward trend. Historical Mortgage RatesHousing starts drop 9.8% · President Obama today called republican house budget committee chairman Paul Ryan’s 2012 ‘Path to Prosperity’ budget ‘wrong for America,’ and pushed his proposal to.
A 28-year-old Sacramento man who led authorities on an international manhunt is back in California facing federal charges from an alleged mortgage fraud scheme. Garret Griffith Gililland III entered a.
The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California.
Down Payment Assistance Gets Man Sentenced for Mortgage Fraud. Aleksandr Kovalev, 54, Rocklin, California, was sentenced to three years and ten months in prison for wire fraud involving financial institutions, According to court documents, Kovalev was in the business of developing, building and selling real property in Sacramento, Fairfield,
A Sacramento, California, man has pleaded guilty in federal court to helping orchestrate a $19 million mortgage fraud scheme that at one time had co-opted the identity of the national notary association’s 2007 Notary of the Year Joan Sampson. According to the U.S. Attorney’s office, 27-year-old Christopher J. Warren pled guilty one count of wire fraud and one count of aggravated identity.
Foreclosure filings edge up in October: RealtyTrac MBA Servicing: Be proactive and work with state AGs on complaints Home price growth projected to exceed 7% in 2013 Therefore, home sales volume won't rise significantly until after home prices. sales volume decrease throughout the year, ending the year 7% below 2013.. first tuesday forecasts home sales volume will return to 2006 levels around 2020- 2021.. mortgage lenders with an eye for excess profits will then begin to loosen .ATTOM’s year-end foreclosure report is a count of unique properties with a foreclosure filing during the year based on publicly recorded and published foreclosure filings collected in more than 2,500 counties nationwide, with address-level data on more than 23 million foreclosure filings historically also available for license or customized reporting.