Bill Bodnar of The Mortgage Market Guide (MMG) discusses how The Fed is pushing everything higher except rates. He also discusses the coronavirus, stocks have gone higher, all-time closing low yields on 10-year notes, jobs, and supersized auctions from the Treasury.

A Colorado man has pleaded guilty to federal bank fraud and aggravated identity theft charges in a scheme involving almost $32 million in phony mortgages, according to authorities. So reports the Boulder, Colo. Daily Camera.

In the current marketplace, where volume is overwhelming and many lenders are turning away business, it may seem counterintuitive to discuss what it will take to succeed in a 2021 purchase money environment. Nothing could be further from the truth.

The Ninth Circuit Court of Appeals has ordered that federal mortgage convictions against two Southern California men must be reversed. So reports Bloomberg Law and Law360.