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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Acquitted New York Developer Faces Fresh Fraud Charges
- Friday, 12 March 2021
- Originating
Upstate New York developer Bob Morgan, who five months earlier beat a federal mortgage fraud case, has been charged once again with mortgage fraud. So reports the Rochester (N.Y.) Democrat & Chronicle.
Read more...Fintech Sagent Adds Fannie Mae, Digital Risk Alumni to Board
- Friday, 08 January 2021
- Originating
Mortgage and consumer loan fintech Sagent has added former Fannie Mae executive Marianne Sullivan and Digital Risk co-founder Jeffrey Taylor to its board of directors, the Pennsylvania-based company has announced.
Read more...Ask The Expert: Are Appraisals Coming in Low?
- Thursday, 10 September 2020
- Originating
Sam from Washington wrote to me, saying "I just had a refinance blow up because the appraisal came in low. This was a surprise and I was counting on this closing this month and now I am not sure it will happen at all. Are you hearing about a lot of appraisals coming in low?
Read more...Mortgage Pro, Stepson Sent to Prison Over Massive Bank Fraud
- Sunday, 23 August 2020
- Originating
A mortgage industry professional and her stepson have each received federal prison sentences for allegedly defrauding a California bank to the tune of more than $6 million. So reports the Houston Chronicle.
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