Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 ...

Mortgage fraud refers to an intentional misstatement, misrepresentation, or omission of information that is used by an underwriter or lender to fund, purchase, or insure a mortgage loan.

according to CoreLogic’s Mortgage Fraud Report. This breaks down to one out of every 123 mortgage applications. “If a mortgage is found to have fraud, the lender may have the right to require ...

The FTC reports a record $12.5 billion lost to scams in 2024, with investment fraud, job scams, and debt relief fraud topping ...

Bill Pulte, who was confirmed by the US Senate on Thursday to lead the Federal Housing Finance Agency for the Trump administration, said he’s in no rush to privatize Fannie Mae and Freddie Mac, the ...

The New York owner of a company responsible for unsafe conditions at Kansas City’s Cloverleaf apartment complex had a history ...

A man who authorities say played a key role in a multimillion-dollar mortgage fraud scheme in Florida was extradited to the U.S. from Nigeria.

The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, ...

Fannie Mae (FNMA) disclosed in its annual filing that In 2024, it continued to realize a benefit for credit losses, which represents a $938M ...

Mortgage companies are also likely to be impersonated by scam artists. One third of those polled said they heard from fake loan officers. First-time homebuyers fall victim to wire fraud at three times ...

The Georgia Supreme Court has placed a Covington lawyer on interim suspension. David Ozburn faces discipline from the State Bar, and other legal problems, including being charged with mortgage fraud ...