Not every sales pitch for a reverse mortgage should be worth your time. People aged 62 or older are the target demographic for reverse mortgages — a tool that can tap their home’s equity for cash. But ...
Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, ...
Mortgage fraud is increasing, according to property market analytics company Cotality. Mortgage fraud can impact homeowners’ and real estate professionals’ finances, futures and property. Learning ...
New solution delivers advanced fraud risk scoring, property data reports and automated condition clearing directly within the loan origination workflow Intercontinental Exchange, Inc. (NYSE: ICE), one ...
A decade ago, a court was warned about a torrent of fraudulent loan applications. Now the same names are turning up as ...
On February 9, the U.S. District Court for the Western District of North Carolina granted in part and denied in part a title insurer’s motion to dismiss in a real estate fraud case, where a mortgage ...
Cotality says fraud indicators appeared in one out of every 129 mortgage applications, though investor and multifamily loans continued to carry elevated risk Mortgage fraud risk continued to ease in ...
NORFOLK, Virginia — The politically charged mortgage fraud indictment against New York Attorney General Letitia James accuses her of lying to lenders in order to get a favorable loan rate on a second ...
WASHINGTON, Nov 17 (Reuters) - Federal Reserve Governor Lisa Cook’s lawyer on Monday offered the first detailed defense of mortgage applications that gave rise to President Donald Trump's move to fire ...