May 15, 2024
Mortgage

Marilyn Mosby, former top prosecutor for Baltimore, convicted of mortgage fraud

GREENBELT, Md. — A former top prosecutor for the city of Baltimore was convicted Tuesday on one count of mortgage fraud, concluding a lengthy criminal trial in which Marilyn Mosby testified she unwittingly made false statements on loan applications to buy two Florida vacation homes. The jury announced a split verdict Tuesday evening after deliberating

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Mortgage

LoanCare Rolls Out New Mortgage Servicing Website

Dave Worrall Mortgage subservicer LoanCare has introduced a wholly re-imagined, re-engineered, and re-designed version of its myloancare.com website powered by its proprietary software. The new homeowners’ website provides a path toward a more consumer-centric tech-driven future through state-of-the-art capabilities designed for quick interactions and intuitive self-service options. “Our vision to make the mortgage journey straightforward

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Mortgage

Marilyn Mosby Guilty Of Mortgage Fraud, Acquitted Of Other In Baltimore, Feds Say

The 44-year-old politician is facing prison time following a lengthy, well-documented trial that led to her conviction, which was announced by a jury on Tuesday afternoon following hours of deliberation.  Prosecutors said that evidence presented at trial showed that in February 2021, Mosby made a false statement in an application for a $428,400 mortgage to purchase

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Mortgage

Mortgage, Credit Card Surge Pushes US Household Debt To Record $17.5 Trillion, Delinquencies Up

February 6, 2024 3:14 PM | 2 min read “Start 2024 Strong With 3 Hot Stock Ideas – Practically Free” Ready for your shot at the next potential 32%, 39% or 45% gains in today’s market? You’re about to miss Stock Expert Gianni Di Poce’s 3 latest stock ideas… Ones that could shift your entire

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Mortgage

Security Matters: Ensuring Safe Usage of Mortgage Lead Conversion Software

In the mortgage industry, the utilization of mortgage lead conversion software has become crucial for maximizing efficiency and effectiveness in generation. However, given the increasing prominence of platforms and potential cybersecurity risks, prioritizing security when utilizing software is of utmost importance. Safeguarding Consumer Data through Encrypted Platforms One concern among mortgage professionals revolves around protecting

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Mortgage

“Positive Signs in Housing, Mortgage Markets”

by Calculated Risk on 2/06/2024 08:58:00 AM Today, in the Real Estate Newsletter: ICE (Black Knight) Mortgage Monitor: “Positive Signs in Housing, Mortgage Markets” Brief excerpt: There have been very few low credit score mortgage originations. During the housing bubble, many of the low credit score loans were made through the private-labeled securities market. •

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Mortgage

Mortgages and Interest Rates Will be a Hot UK Election Issue

With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans to help a key demographic: aspiring homeowners. An affordability crisis linked to decades of underinvestment in new homes — plus years of rock-bottom interest rates that pushed up property values — have piled pressure on

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Mortgage

Phoebus upgrades SaaS mortgage servicing technology

UK-based fintech Phoebus has launched a cloud-native SaaS mortgage servicing platform, following investments in new technology.   The investment brings new capabilities to Phoebus’ technology, taking mortgage servicing to the next level. The company has transformed how the system can service all types of lending as well as savings and deposit-taking. Enhanced security, integration, and

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Mortgage

How a North Texas Family Just Closed on a Home with a 3 Percent Interest Rate – NBC 5 Dallas-Fort Worth

A recent social media post from a North Texas real estate agent got the attention of our NBC 5 Responds team. A new home buyer closed on a house just before the new year, financing it with an interest rate of three percent. Average 30-year fixed rates are around seven percent on Monday. Read on

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Mortgage

Orange County family receives affordable mortgage home thanks to Habitat for Humanity

ORANGE COUNTY, Fla. – For Margarita and Richard having a home was always the goal. Both are local church pastors and while Margarita is the only one with income, she said the struggle has been finding an affordable place for their family over the last several years. “As far as for me for work, I’m

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