Impactful News
Mortgage Broker Charged In Predatory Case
Mortgage Broker Charged In Predatory Case Case is first where lender charged for broker’s actions July 30, 2002 By SAM GARCIA A Chicago, Illinois mortgage broker has...
Mortgage DailyPNC Settles Accounting Issues
PNC Financial Services Group, Inc. has entered into settlement agreements with the Securities and Exchange Commission (SEC), the Federal Reserve Bank of Cleveland and the...
Mortgage DailyLet’s Get Together
Industry Commentary Let’s Get TogetherFive Ways To Keep In Touch With Past Customers July 16, 2005 By DAVE HERSHMAN Your previous customer base should always...
Mortgage DailyTennessee Mortgage Broker Pleads Guilty To Defrauding Lenders
Tennessee Mortgage Broker Pleads Guilty To Defrauding LendersBogus loan packages created on fictitious borrowers July 15, 2002 By SAM GARCIA A Tennessee mortgage broker and her employee...
Mortgage Daily$14.4 Billion June Production At Countrywide
$14.4 Billion June Production At CountrywideRecord purchase-money fundings July 9, 2002 By MortgageDaily.com staff June mortgage loan fundings at Countrywide Credit Industries, Inc. were up five percent...
Mortgage DailyLoan Officer, 2 Processors Indicted In $5.7 Mil Scheme
Loan Officer, 2 Processors Indicted In $5.7 Mil SchemeKey figure in south side Chicago case is a fugitive at large June 17, 2002 By SAM GARCIA A...
Mortgage DailyMortgage Broker Takes Out $1 Mil Loan With Fraud Title
Mortgage Broker Takes Out $1 Mil Loan With Fraud TitleAccomplice apprehended while smuggling Mexican nationals June 24, 2002 By SAM GARCIA A California mortgage broker was sentenced...
Mortgage DailySeize The Moment
Industry Commentary Seize The MomentMaking the most of a refinance wave June 17, 2002 By DAVE HERSHMAN Recent economic data appear to indicate that the...
Mortgage DailyRefis Jump
Refis Jump 15-year fixed rate offers best option June 14, 2002 By SAM GARCIA Mortgage refinance applications have increased for the past three consecutive weeks and appear...
Mortgage Daily11 Indicted In Mortgage Fraud Case
11 Indicted In Mortgage Fraud CaseBribery, extortion & gambling involved June 10, 2002 By SAM GARCIA The U.S. Department of Justice (DOJ) recently announced that eleven people were charged...
Mortgage DailyE-LOAN on Track for Record Quarterly Home Equity Loan Volume
Source: E-LOAN, Inc. About E-LOAN, Inc.: E-LOAN, Inc., an online lending company, offers consumer loans and debt management services online at www.eloan.com or 1-800-E-LOAN-22. E-LOAN...
Mortgage DailyFarmer Mac Asks NYSE to Probe Trading as Shares Fall
Farmer Mac Asks NYSE to Probe Trading as Shares FallWASHINGTON D.C. (May 24, 2002) — The Federal Agricultural Mortgage Corporation (Farmer Mac) (AGM) (AGMA) , the stockholder-owned instrumentality of...
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