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.

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.

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? 

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.