Blowing the Lid Off the Mortgage Industry
From the category archives:
The military in Iraq wasn’t the only thing surging in 2008. Mortgage fraud also reached a new high last year, according to the FraudBlogger Index. Federal investigators have identified an increase in frauds and schemes in the real estate business as well.
Mortgage fraud activity that might have otherwise gone undetected was uncovered as falling home [...]
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Americans lost more, in terms of home values, during the final quarter of 2008 than in all of 2007. According to Zillow Real Estate Markets Report, home values fell 11.6 percent or $1.4 trillion during the eighth consecutive quarter of declines.
The declines mean that U.S. homeowners lost a cumulative $3.3 trillion in home values during [...]
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Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
It?s going to be all lawsuits all the time, as filings and indictments come fast and furious after January 20. In fact, a number are in the works already.
From the perspective of Wall St. crime, it will [...]
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Gang, I’m happy to announce Blown Mortgage News, a user-generated link blog of the latest mortgage and real estate news and information. You can access the new news site at http://news.blownmortgage.com.
The Premise
I can’t cover all the news these days, but want you to know about it.
You have access to great sources of information that can [...]
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How many organizations and individuals are going to step in “it” regarding bloggers? We’re a new part of the news ecosystem and while some blogs may go and some blogs will stay; the current mainstream media needs to adapt and grow with the changing realities.
The AP’s demand that a blogger pull all AP excerpts from [...]
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I’m off in Atlanta for a few days on business so posting will be light. Enjoy Housing Wire and Calculated Risk in the meantime.
Cheers,
Morgan
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There is a lot of great stuff out there on the Web that interests me that if not for the lack of time I’d blog about here. If you’re looking for more mortgage news from the world around us simply click on the Google Reader icon to get my shared items feed from [...]
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Hi Gang,
Between us all I imagine we’ve got the entire wholesale and retail lending universe covered; but alas, I alone do not. If you have guideline changes, announcements from banks, or other interesting tidbits of information send them my way.
I’ve created a new email address for you: tips@blownmortgage.com
When banks change guidelines, eliminate [...]
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Hi Gang,
On Saturday I’m headed to Mexico via a nice cruise from San Diego down to Mazatlan, Cabo, et al. I’ll be gone about 10 days. I’m trying to load up some posts in the meantime, but I would love some guest posts while I’m gone.
I’ll open it up to any Blown Mortgage reader. [...]
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