A Foxborough man has been indicted, arrested, and arraigned in connection with a mortgage fraud scheme that largely targeted immigrant families, Attorney General Maura Healey announced today.
Nuhu (aka Nurden
Mortgage bond prices were flat for the week which kept rates in check. Retail sales, an indication of the strength of the consumer, fell 0.3%. Excluding automobiles, sales fell 0.1%. That data was much weaker than expected. Analysts looked for
California Attorney General Xavier Becerra today announced the indictment and arrest of three individuals on a 121-count felony indictment for allegedly operating a mortgage fraud scheme throughout California. The scheme resulted in a combined loss of over $7 million. The victims, many of whom were elderly
For months we have been talking about the possibility of the trade wars having an effect upon the economy and the markets. The start of the impeachment inquiry looks like it also will break out into a full-fledged war. Thus
DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of its
Due to a decline in multifamily housing starts, total housing starts fell 9.4% in September to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department.
The September
If you asked 100 people what time of year is best for moving, the majority of them would probably say spring and summer. Families are especially motivated to move during the summer months, because the kids are out of school.
According to the September Origination Insight Report from Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, the 30-year note rate dropped for the ninth consecutive month to 3.93 percent, down from 4.07 percent in August. The drop
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2019 shows mortgage applications for new home purchases increased 34.2 percent compared to a year ago. Compared to August 2019, applications decreased by 8 percent. This change does
