Articles from September 2011



Iowa Mortgage Fraud Five Officials Charged

Des Moines Iowa – Five housing officials have been charged with mortgage fraud involving two separate mortgage fraud schemes. Iowa Mortgage Fraud Five Officials Charged US Attorney Nicholas Klinefeldt made this statement – quote –  One indictment charges a broker with wire fraud and making a false statement to a financial institution. It accuses him […]

US Mortgage Rates at Rock Bottom

What is going on in the US housing market as the US Mortgage Rates hit rock bottom but is unlikely to revive the sales as the home market is flat on the floor. US Mortgage Rates at Rock Bottom Latest official report  – quote – Five-year Treasury-indexed hybrid adjustable-rate mortgages averaged 2.96%, down from 3.07% […]