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mortgage lenders face risk and additional cost of doing businesskroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.residential mortgage backed roosters comin' home to roost as rmbs task force gets to workfirst the feds were looking at the the swath of mortgage-backed securities among federal home loan mortgage corporation (freddie mac), the federal national mortgage association (fannie mae), and the government national mortgage association (ginnie mae) (collectively, "MBS").  if you just go by the reports in the press and the swirling rumors on the street, a lot of banks are nervous: ally ...american capital mortgage investment corp. announces public offering of common stockbethesda, md., may 23, 2012 /prnewswire/ -- american capital mortgage investment corp. (nasdaq: mtge) ("mtge" or the "company") announced today that it plans to make a public offering ...44% of cook county homes with a mortgage are underwateralmost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more. |
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