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mortgage lenders face risk and additional cost of doing business

kroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.

record low mortgage rates spur naples growth

naples, fl-- - fannie mae and freddie mac have announced that the month of may 2012 has set the all-time record for the lowest interest rates ever for both the 30 year fixed rate mortgage and the 15 year ...

mortgage comparison-shopping: how to read good faith estimate

taking out a mortgage loan requires careful consideration of all the costs associated with a purchase or refinance transaction. for...

residential mortgage backed roosters comin' home to roost as rmbs task force gets to work

first the feds were looking at the the swath of mortgage-backed securities among federal home loan mortgage corporation (freddie mac), the federal national mortgage association (fannie mae), and the government national mortgage association (ginnie mae) (collectively, "MBS").  if you just go by the reports in the press and the swirling rumors on the street, a lot of banks are nervous: ally ...

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