mortgage fraud

Artificial Intelligence May Have Something To Do With It

Today’s News Synopsis: Buying and selling a home could soon be as easy as trading stocks.  The Mortgage Bankers Association reported a 2% increase in mortgage applications from last week.  Mortgage fraud risk decreased by 11.4% year-over-year in the second quarter according to CoreLogic. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest …

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NAR Reported 18.5% Decrease in Vacation Homes Bought Last Year

Today’s News Synopsis: The Federal Open Market Committee said an increase in the federal funds rate will not happen this month as originally planned.  The National Association of Realtors released new data showing an 18.5% decrease in the number of vacation homes bought last year.  Consumer confidence is at its lowest in 18 months at …

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Mortgage Fraud Decreased 2% by Quarter and 9% Year-Over-Year

    Today’s News Synopsis: CoreLogic reported an increase in home prices by 7.4% year-over-year in December.  Mortgage originations increased 27% quarter-over-quarter for both commercial and multifamily properties.  Mortgage fraud decreased last year by 2% quarter-over-quarter and 9% year-over-year according to Interthinx. In The News: Mortgage Bankers Association – “2014 Q4 Commercial/Multifamily Mortgage Originations Up Eleven …

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The Norris Group Real Estate News Roundup 6/12/13

Today’s News Synopsis: Negative equity showed signs of decrease this week as the number of borrowers in this category decreased to below 20%.  According to the Mortgage Bankers Association, mortgage applications increased 5% from last week.  California is in the lead for the state with the greatest mortgage fraud risk. In The News: DS News …

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David Kittle

David Kittle of the Mortgage Collaborative Joins Bruce Norris on the Real Estate Radio Show #320

Bruce Norris is joined this week by David Kittle. David is the senior director of industry relations for IMARC, a fraud investigation company located in Santa Ana. He manages IMARC’s Washington D.C. office. He is the past chairman of MBA’s political action committee and former vice-chairman of MBA’s residential board of governors. He also served …

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The Norris Group Real Estate News Roundup 2/7/13

Today’s News Synopsis: Freddie Mac reported mortgage rates showed little change this week, showing the rate of change now at levels below normal.  30-year rates remain unchanged at 3.53% and 15-year rates at 2.77%.  Consumer confidence is increasing, and more consumers are showing a more positive outlook on the economy with the increase in home …

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