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IMPORTANT: Bing News RSS feed has moved!If two states were to join forces against mortgage fraud, what better states than the two with the highest foreclosure rates in America -- Nevada and California. "There's got to be a meaningful investigation and accountability and consequences ... Read moreNevada Joins Forces with California To Investigate Mortgage Fraudhad an adjustable rate mortgage with Countrywide that grew unaffordable when the interest rate shot up. Ramirez was eligible for a modification under California's settlement agreement, and Bank of America approved a modification, which was ... Read moreCalifornia, Nevada Team Up To Prosecute Mortgage FraudAn alliance by California and Nevada to jointly investigate misconduct and fraud in the mortgage business further divides efforts ... Tuesday speaking in front of maps illustrating the high rates of foreclosure in both states. "California and Nevada ... Read moreCalifornia and Nevada join forces in mortgage probeIncluded in Freddie Mac’s report this week is a breakdown by region of the average mortgage rates for the various loan products covered in the GSE’s survey. Rates are lowest in the West, which includes the states of California, Arizona ... Read moreMortgage Rates Hit Record LowsCalifornia and Nevada have the nation's highest foreclosure rates. "We believe that there must be accountability ... own investigation into "robo-signing" allegations that banks and mortgage servicers rubber-stamped foreclosures without actually reviewing ... Read morebc-mortgage-probes(sh)Mortgage securities ... will keep the target rate close to zero for as long as four years. The economy still has “some slogging to do here,” Gross said last week from Pimco’s headquarters in Newport Beach, California. Read moreGross Boosts Treasury, Mortgage Debt in Flagship FundWASHINGTON (Reuters) - Shirley Burnell, a community activist from Oakland, California, has been trying to get her subprime loan restructured since 2007. She never missed a payment, but the adjustable rate mortgage she got in 2004 shot up to a ... Read moreModification blunders bedevil U.S. housing recoveryThe average interest rate on a 30-year fixed-rate mortgage dropped again this week to 3.94% ... But while sales of homes increased slightly in California last month, scheduled foreclosure sales have risen sharply and the environment for ... Read moreFreddie Mac: 30-year mortgage rate ties record lowRead moreFor additional information, please see:
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