The median price of single family home rose 8 percent from May to June as the real estate market remains relatively strong in Colorado. Buyers are finding value in home priced at $600,000 or less as transaction activity picks up between buyers and sellers.
Home Prices in Denver Rises
July 8th, 2009
2008 Mortgage Fraud Report by FBI
July 8th, 2009
The FBI have put out a year end comprehensive mortgage fraud report for 2008. In summary, mortgage fraud cases are increasing at an alarming rate, and the depressed housing market will continue to contribute to money losses due to fraudulent and unethical mortgage lending practices and scams.
Absorbing the 20 plus page report will require your full attention to detail.
The FBI have put out a year end comprehensive mortgage fraud report for 2008. In summary, mortgage fraud cases are increasing at an alarming rate, and the depressed housing market will continue to contribute to money losses due to fraudulent and unethical mortgage lending practices and scams.
Absorbing the 20 plus page report will require your full attention to detail.
Mortgage Relief Horror Stories
July 7th, 2009
If you are looking to refinance or get a loan modification on a home mortgage, you need to make sure all your T’s are crossed and I’s are dotted as your application goes through the gauntlet process of meeting strict guidelines. Know the rules of the game and play it right, otherwise you will be stuck in an unfortunate catch 22 situation.
If you are looking to refinance or get a loan modification on a home mortgage, you need to make sure all your T’s are crossed and I’s are dotted as your application goes through the gauntlet process of meeting strict guidelines. Know the rules of the game and play it right, otherwise you will be stuck in an unfortunate catch 22 situation.
Beazer Homes Pay $53M to Settle Lawsuit
July 7th, 2009
Homebuilder Beazer Homes pay out $53 million to settle US Department of Justice lawsuit on mortgage fraud. Beazer Homes will avoid further media attention, possible criminal prosecution and jail time by not allowing the lawsuit to make its appearance in court .
Homebuilder Beazer Homes pay out $53 million to settle US Department of Justice lawsuit on mortgage fraud. Beazer Homes will avoid further media attention, possible criminal prosecution and jail time by not allowing the lawsuit to make its appearance in court .
Mortgage Applications Drop by 18.9%
July 2nd, 2009
Mortgage applications and refinancing activities dropped from the prior week according to Mortgage Bankers Association (MBA).
http://www.marketwatch.com/story/week-to-week-mortgage-applications-off-189-mba
Mortgage applications and refinancing activities dropped from the prior week according to Mortgage Bankers Association (MBA).
http://www.marketwatch.com/story/week-to-week-mortgage-applications-off-189-mba
