Tuesday, June 22, 2010

US Housing Market Developments

The USA housing market has witnessed a lot of turbulence in recent times, but is it on the mend?

Fannie, Freddie Still Central to US Housing Market – The Epoch ...

Fannie, Freddie Still Central to US Housing Market The Epoch Times But the subprime mortgage crisis eroded the company's financial position and by October 2008, the company's stock was less than $1 per share. ...

Publish Date: 06/22/2010 13:34

http://www.screenmylender.com/2010/06/fannie-freddie-still-central-to-us-housing-market-the-epoch-times/



The U.S. Housing Market Double Dip Is Coming | Daily Markets

Remember when safe as houses was a legitimate expression? Now it's a bit of an ironic joke. What counts as no joke at all, however, is the chaos investors.

Publish Date: 06/19/2010 15:01

http://www.dailymarkets.com/stocks/2010/06/19/the-us-housing-market-double-dip-is-coming/

Sunday, June 20, 2010

Mortgage Fraud A Worrying Trend?

Unfortunately in tough times and in good, there are always some individuals who cannot be trusted. These recent postings relate to mortgage fraud news items:

The Real Estate Wonk: Multitudinous mortgage fraud - Reporter ...

"The perpetrators collude with appraisers or real estate agents to undervalue the property using an appraisal or a broker price opinion to further manipulate the price down (the flop) to increase their profit margin when they later flip ...

Publish Date: 06/18/2010 21:00

http://weblogs.baltimoresun.com/business/realestate/blog/2010/06/multitudinous_mortgage_fraud.html


Beach Real Estate - Hundreds arrested in U.S. mortgage fraud sweep

Martin County cities discuss plans for economic growth during economic downturn Site development and work force training are foremost on communities' minds.

Publish Date: 06/20/2010 15:23

http://beachpropertyrealestate.net/23988/hundreds-arrested-in-u-s-mortgage-fraud-sweep/


13 mortgage fraud convictions in Arizona since June 1 — Arizona ...

Home · About · John Wake · Sitemap · Buyers · Sellers · Arizona Real Estate Notebook. “Wake Up and Call John!” - John Wake, Associate Broker, HomeSmart Real Estate. 13 mortgage fraud convictions in Arizona since June 1 ...

Publish Date: 06/20/2010 13:41

http://www.arizonarealestatenotebook.com/2010/06/19/13-mortgage-fraud-convictions-in-arizona-since-june-1/


Let's hope the long arm of the law can catch up with people who participate knowingly in mortgage fraud activities.