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fdic sues big banks over mortgage securities
the government has sued several big banks over toxic mortgage securities they issued that were bought by two small illinois banks which failed in may 2009.mortgage borrowers still underwater
despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.mortgage lenders face risk and additional cost of doing business
kroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.first trust mortgage income fund declares its monthly common share distribution of $0.16 per share for june
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