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Recent Posts
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- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
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Categories
Homes Millbrae Pages
Tag Archives: Fraud
Mortgage alert: Borrowers change how they cheat
The good news: Fewer borrowers are lying on their mortgage applications. The bad news: The remaining cheaters may be pulling a more dangerous scam. Instead of inflating their home prices, they are now inflating their incomes and assets, according to … Continue reading
Posted in Real Estate News
Tagged Assets, Bad News, Balance Sheets, Banks, Borrowers, Cheaters, Chief Economist, Corelogic, Focus, Fraud, homes millbrae, Housing Boom, Incomes, Lenders, Loans, Mark Fleming, Mortgage Applications, New Homes, Personal Balance
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Housing Foreclosures Start to ‘Flare-Up’ Again
In California, foreclosures slowed dramatically last year due to a new law designed to protect homeowners, the California Homeowner Bill of Rights, and due to the $25 billion National Mortgage Settlement with mortgage servicers over so-called “robo-signing” foreclosure paperwork fraud. … Continue reading
Posted in Real Estate News
Tagged Bill Of Rights, California Foreclosures, California Real Estate, California Real Estate Market, Cnbc, Decline, Diana Olick, Facebook, Flare, Foreclosure, Foreclosureradar, Fraud, Government Intervention, Home Lenders, homes millbrae, Mortgage Servicers, Motivated Sellers, No Worries, Owned Inventory, Paperwork, Upward Pressure
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Bay Area man sent to prison for $2.9 million fraud
By The Associated Press Associated Press June 18, 2012 06:43 PM Copyright Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Monday, June 18, 2012 Article source: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2012/06/18/state/n184348D61.DTL