Federal investigators have charged 530 people for allegedly defrauding more than 73,000 home owners in a widespread crackdown against foreclosure scams.
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The number of Americans expecting home prices to decline reached an all-time low, according to Fannie Mae’s monthly housing survey.
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Predictions that the nation’s shadow inventory would rapidly rise have yet to materialize, as the shadow inventory continues to show signs of dropping.
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The government has filed a lawsuit against Wells Fargo, alleging the nation’s largest lender has participated in “reckless” lending of government-backed loans, but Wells Fargo insists it’s done nothing wrong.
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The Appraisal Institute is teaming with an energy agency to asses energy efficiency and green features on the value of existing homes.
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Federal policies intended to help borrowers are giving a big lift to some mortgage lenders.
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