Ex-mortgage broker convicted in $2.4M mortgage scheme

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As investors anticipate the release of Citigroup’s (C) third-quarter earnings, analysts are predicting declining mortgage lending activity for the bank. Citigroup shares have come under pressure.

Mortgage-bond guru Lewis Ranieri’s Shellpoint Partners is set to issue its second private-label residential mortgage-backed securities deal, reporting strong borrower credit attributes to beef up its.

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A former mortgage broker was sentenced to more than 11 years for his role in a multimillion-dollar mortgage fraud scheme, according to the U.S. Two of Alvarado’s co-conspirators were previously.

Although mortgage lenders and servicers only make up 7% of trade lines in regards to credit reported by consumers, industry experts believe this bulletin will force mortgage companies to address.

A former mortgage broker was sentenced to more than 11 years for his role in a multimillion-dollar mortgage fraud scheme, according to the.

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Why is confidence down? Fannie Mae attempts to answer this question in its latest housing survey, reporting that the Fed’s plans to eventually taper asset purchases and rising mortgage rates are.

Independent mortgage bankers witnessed an increase in production, profitability and net worth during the second quarter, but commissions still continue to decline. Overall production among independent.