Organized Crime
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, you can see what they were hiding. Be sure to roll the interactive tool … Continue reading
Tag Archives: mortgage
Really, Nothing Has Changed
Risk of employment or income fraud on mortgages increased 8.8% in the third quarter from the previous quarter and 50% from third quarter 2009, according to research firm Interthinx. Its general Mortgage Fraud Risk Index remained virtually unchanged for the … Continue reading
10 million More Mortgages Set to Default
Excerpt: “Roughly 10.4 million mortgages, or one in five outstanding home loans in the U.S., will likely default if Congress refuses to implement new policy changes to prevent and sell more foreclosures, according to analyst Laurie Goodman from Amherst Securities … Continue reading
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Tagged appraising, mortgage, real estate
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Bank of America will eliminate 30,000 jobs
Excerpt: “Bank of America is slashing 30,000 jobs as part of an effort to reverse a crisis of confidence among investors. It’s the largest single job reduction by a U.S. company this year.” “What CEO Brian Moynihan is trying to … Continue reading
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Tagged appraising, mortgage, real estate
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