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On a month-over-month basis, home prices are expected to decrease by 1% from December 2018 to January 2019. "Higher mortgage rates slowed. CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal CoreLogic reported that the National Mortgage Application Fraud Risk Index increased to.
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The scammers obtain ever-bigger mortgages through a series of fraudulent sales transactions, often in collusion with appraisers, loan officers and real estate attorneys who lie about home values and the borrower’s income in loan documents. They then keep the proceeds from the home sales at inflated prices but often don’t repay some of the.
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The Home Equity Theft Reporter: Miami Herald: State Regulators Let Mortgage Crooks Keep Working After Catching Scammers Stealing Homes, Loan Proceeds Home Equity Theft Reporter: One local woman says banks have tried to foreclose on her twice in one year, despite having a loan modification and making payments on time. She still has the loan.