|Fraud Fugitive Found & Arrested
Half of the most notorious couple in mortgage lending has been caught.
Net Branch Closes Doors
A Texas-based nationwide mortgage brokerage with as many as 300 branches abruptly shut down Friday, according to two of the company's branch managers.
|Extraordinary Broker Marketing
A subprime mortgage broker recently won an award for his direct marketing.
Ameriquest Settlement Worries Brokers
WASHINGTON -- The chairman of a mortgage broker trade group warned that the landmark settlement reached earlier this year with Ameriquest Mortgage Co. has big implications for mortgage brokers.
Fake Paystubs Online
A Florida Internet company has allegedly offered online services for mortgage loan applicants that needed fake paystubs.
Calif. Company Calls it Quits
A nonprime wholesale mortgage lender is shutting down.
A number of nonprime mortgage lenders have recently decided to trim their operations, and profit margin pressures have led yet another mortgage player to do so. This time around, a California-based wholesaler will shed about 10 percent of its workforce with its exit from the subprime business.
Quickly Reach 6 Figures Originating
A mortgage industry veteran has written a training and reference manual for loan originators designed to help them skip the rigors of on-the-job-training and begin making money right away.
|Fraud King Caught
The most brazen outlaw in mortgage fraud has been arrested.
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