Remove articles risk-of-mortgage-fraud-is-on-the-rise-in-the-current-market
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Risk of mortgage fraud is on the rise in the current market

Housing Wire

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). The problem: They did not qualify for the loans.

Mortgages 397
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EagleBank settles insider-lending charges brought by regulators

Housing Wire

The bank, which operates a mortgage-lending unit, along with its holding company, Eagle Bancorp Inc., The bank, which operates a mortgage-lending unit, along with its holding company, Eagle Bancorp Inc., Fraud, risk, quality, oh my: The hazards to watch fo r in gaining purchase market share. Presented by: GQ Ally.

Lending 384
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Virtual notary adoption surges as businesses rush to close transactions remotely

Housing Wire

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Consumer loans such as mortgages and other financial documents require notarization. Register for the FinLedger Daily Newsletter.

Closing 491
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Home Buyers: Be Aware of These Red Flags to Avoid Getting Scammed by Fake Home Sellers

Lighter Side of Real Estate

But in the current market, even finding a house you want and successfully getting it under contract can be a difficult task. But according to this Fortune article , seller impersonation fraud is on the rise. There are no liens or mortgages on record, and the property is owned outright by the actual owner.

Title 97
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Please Don’t Help Me, Government

Notorious ROB

The article is titled “Wen Bazooka” and it’s brilliant. One of my favorite economic and finance analysts is a green chicken. Yes, I’m referring to Doomberg , a team with strong backgrounds in energy and heavy industry, who started writing in May of 2021. I recommend it very highly. Wen Bazooka?

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Are Real Estate Cryptocurrency Transactions a Good Idea?

Realty Biz

Now, both are viewed as a significant leg up for the market. Together, let’s take a look at what the current situation is, how the industry may benefit, and what challenges still need to be addressed. . However, the seller and the buyer had to accept the risk of Bitcoin’s fluctuating value. How Does It Work?

Banks 87
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Opinion: We don’t need increased regulation of IMBs

Housing Wire

The article was striking to me because it was not long ago that members of a previous administration proposed defining nonbank mortgage lenders as a systemically important financial institution (SIFI) risk as a sector. This entire discussion should be extremely concerning to all in the mortgage industry, especially the IMBs.

Banks 384