Investing

Mortgage audit won’t help loan modification

Most people facing foreclosure simply want to get reduced payments so that they can afford to keep their homes. Mortgage audits, supporters contend, can help by uncovering mistakes or legal violations in loan documents, giving homeowners a bargaining chip in negotiations with lenders.


Owner of Legacy Lending pleads guilty in $20 million mortgage scam

On March 2, in federal court in St.


Turner Foundation sued by PNC over Tecumseh Recreation Center mortgage

SPRINGFIELD – PNC Bank is now setting its sights on the Turner Foundation for repayment of the $1.13 million mortgage loan still outstanding on the Tecumseh Recreation Center.


Arbor Closes $1.4M Loan For Hyde Park Apartments

A 16-unit complex known as Pyramid Apartments in Hyde Park has received a $1.4 million Fannie Mae loan from Arbor Commercial Funding, a subsidiary of Arbor Commercial Mortgage LLC of Uniondale, N.Y.


Jersey City police officer is charged with mortgage fraud

JERSEY CITY — A police officer was arrested today by the FBI and charged in federal court with mortgage fraud for allegedly lying to a bank to secure a roughly $530,000 loan, authorities said. Brian Ragauckas, 36, of Secaucus, falsely…


Home loan demand nudges higher in latest week

U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.


The home loan process

The loan application process.


Home Loan Demand Nudges Higher in Latest Week

The Mortgage Bankers Association reported mortgage applications increased last week.


Home loan demand nudge higher in latest week

By Julie Haviv


Home loan demand nudge higher in latest week

U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.