Core Logic Says Mortgage Application Fraud Has Skyrocketed By 12.4% In the Past Year Core Logic has issued their new Mortgage Fraud Report and it’s not looking good. The report states there has been a 12.4% increase in mortgage application fraud since the second quarter of 2017. This is the highest increase in seven years according to […]
Real Estate Broker Sentenced to Prison for Role in Defrauding Banks in $3.5 Million Mortgage Shotgunning Scheme New York real estate broker Michael Arroyo and a Bergen County homeowner Rafael Popoteur are going to prison. The court sentenced the pair for their respective roles in a $3.5 million mortgage shotgunning scheme. Arroyo and Popoteur used […]
Mortgage Applications Plummet Causing Banks To Scramble To Lower Interest Rates Mortgage applications continue to decline according to the Mortgage Bankers Association. Is this a sign Americans are losing faith in the lending industry? The MBA stated that mortgage applications fell another 2.9% for the week ending May 18, 2018. This is the lowest it […]
Speak to a specialist at (888) 737-6344
Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.
