Archive for January 27th, 2012

LPS' Mortgage Monitor Report Shows 2010, 2011 Originations Among Best Quality on Record; Delinquencies Down 25 Percent …

JACKSONVILLE, Fla., Jan. 27, 2012 /PRNewswire/ – The December Mortgage Monitor report released by Lender Processing Services (NYSE: LPS – News) shows mortgage originations continued their decline from 2011′s September peak, down 10.1 percent from the month before. At the same time, those loans originated over the last two years have proven to be some of ...Read More

Share

Mortgage Fraud Still Rampant

If President Obama is serious about forming a new unit to prosecute financial and mortgage crimes, the first place he should look is at operators who are fleecing desperate homeowners. Scams that target these down-on-their-luck folks are rampant. State attorneys general are playing whack-a-mole with these shysters, who are exploiting homeowners who just want to ...Read More

Share