28 September 2022
COVINGTON, Ky. —An Independence, Ky., woman, Hachelle Alsip, 42, was sentenced on Wednesday to 28 months in federal prison, by U.S. District Judge David Bunning, for wire fraud. According to Alsip’s plea agreement, in 2016, Victory Mortgage hired her as a loan funding representative to assist, in part, with distribution of funds with loans provided by […]
Posted in STOP FORECLOSURE FRAUD0 Comments
28 September 2022
Miller Mortgage, LLC PEABODY, MASSACHUSETTS, UNITED STATES, September 28, 2022 /EINPresswire.com/ — Miller Mortgage, LLC, a licensed mortgage broker, has offered multiple low-interest mortgage loans, with a simplified borrowing process, to help homebuyers secure real estate deals. The company provides services to homebuyers specializing in the procurement of important personnel in the real estate market […]
Posted in STOP FORECLOSURE FRAUD0 Comments
27 September 2022
The red-hot rental market in the U.S. is showing signs of cooling. Prices are still up from this time last year, but August 2022 was the first time the market experienced a single-digit growth in the past 13 months, according to a report from Realtor.com. At the same time, the median asking rate in the […]
Posted in STOP FORECLOSURE FRAUD0 Comments
27 September 2022
Buying a home right now may feel like a pipe dream for many Americans — but good news could be on the horizon come spring 2023. However, it comes at the expense of bad news for the economy overall. As economic volatility further seeps into the US real estate market, housing activity is fading fast. That’s […]
Posted in STOP FORECLOSURE FRAUD0 Comments
27 September 2022
NEWARK, N.J. – A Somerset County, New Jersey, woman today admitted fraudulently obtaining over $1 million in federal Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans (EIDL), U.S. Attorney Philip R. Sellinger announced. Nivah Garcis, 51, of North Plainfield, New Jersey, pleaded guilty before U.S. District Judge Peter G. Sheridan in Trenton federal […]
Posted in STOP FORECLOSURE FRAUD0 Comments
26 September 2022
Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow®’s latest market report1. Affordability is driving market momentum: Low-cost markets remain competitive while prices drop the fastest in both the most expensive markets and those that witnessed the strongest appreciation during the pandemic. n addition to affordability challenges, […]
Posted in STOP FORECLOSURE FRAUD0 Comments
26 September 2022
David* and his partner had been living in their inner-Sydney property for only 12 months when they were issued with a 50% rent increase. They had been paying $800 a week for a three-bedroom home with a study, one car space and no facilities. Now, they were told, it would jump to $1,200. “Their justification […]
Posted in STOP FORECLOSURE FRAUD0 Comments
23 September 2022
Landlords and property owners who had a difficult time navigating the pandemic and the rent moratoriums imposed upon them for the past two years may finally be getting some relief as rent increases are now allowed to proceed once again under multiple state and local laws of California. For some areas, that increase may be as high as […]
Posted in STOP FORECLOSURE FRAUD0 Comments
23 September 2022
Sandy — Soaring mortgage interest rates are slowing home sales in Utah and across the country. The average 30-year, fixed-rate mortgage increased to 6.3 percent today, according to Freddie Mac. Higher rates are disqualifying home buyers from financing. Home sales of all housing types in August fell to 1,204, down 27 percent from sales in August […]
Posted in STOP FORECLOSURE FRAUD0 Comments
23 September 2022
The Federal Reserve on Wednesday announced it would raise benchmark interest rates by three-quarters of a percentage point and indicated more hikes would be coming. The uptick is the third consecutive 0.75 percentage point move and the fifth increase in the last six months — all part of an effort by the central bank to cool runaway […]
Posted in STOP FORECLOSURE FRAUD0 Comments
22 September 2022
Fed Chair Jerome Powell told reporters back in June that spiking mortgage rates would see the Pandemic Housing Boom fizzle out. In the eyes of Powell, that would be a good thing. “I’d say if you are a homebuyer, somebody or a young person looking to buy a home, you need a bit of a reset. We need […]
Posted in STOP FORECLOSURE FRAUD0 Comments
22 September 2022
If you rent a house or apartment in the Cincinnati area, chances are you’ve been hit with a substantial rent increase in the past year. The overall median rent in the Cincinnati metro area reached $1,682 in August, up about 25.8% from the same month a year ago, according to a report released Wednesday by real […]
Posted in STOP FORECLOSURE FRAUD0 Comments
22 September 2022
When West Virginia unveiled a new rental assistance program in March 2021 to prevent evictions and utility shutoffs, Gov. Jim Justice promised help was on the way. “This year has been challenging for so many West Virginians. Many lost their jobs and have struggled to pay rent through no fault of their own,” he said […]
Posted in STOP FORECLOSURE FRAUD0 Comments
21 September 2022
Rising interest rates are killing the single-family housing market, which in turn is powering a multifamily construction boom at a level not seen since 1986. Nationally, permits to build multifamily housing, which included rental units, jumped 28 percent in August compared to July, while permits for single-family dwellings were up just 3.5 percent, according to a […]
Posted in STOP FORECLOSURE FRAUD0 Comments
21 September 2022
Sales of previously owned homes fell 0.4% in August from July to a seasonally adjusted annualized rate of 4.80 million units, according to the National Association of Realtors. That is the slowest sales pace since May 2020, when activity stalled very briefly due to the start of the Covid pandemic. Outside of that, it is the […]
Posted in STOP FORECLOSURE FRAUD0 Comments
21 September 2022
CHARLOTTESVILLE, Va. – A Charlottesville woman, who altered and forged checks she obtained without the consent of the checks’ owners, was sentenced yesterday to thirty-six months in federal prison. Samantha Leigh Thomas, 33, pleaded guilty in February 2022 to one count of bank fraud and one count of aggravated identity theft. According to court documents, […]
Posted in STOP FORECLOSURE FRAUD0 Comments
20 September 2022
COEUR D’ALENE – Trina Welch, 49, of Osburn, Idaho was sentenced to 51 months in federal prison for committing wire fraud, U.S. Attorney Josh Hurwit announced today. According to court records, Welch, was employed by Kasco of Idaho, LLC as a bookkeeper from 2012 until 2019. Kasco is a construction and telecommunication company that does […]
Posted in STOP FORECLOSURE FRAUD0 Comments
20 September 2022
By many accounts, we are still in a seller’s market. Home prices continue to rise in nearly all of the U.S. even as mortgage rates climb ever higher. Inventory levels – typically used by housing economists to gauge whether the market is favoring buyers or sellers – place the country squarely in a seller’s market. But even with a mere 3.3 months’ supply of housing […]
Posted in STOP FORECLOSURE FRAUD0 Comments
20 September 2022
WASHINGTON, Sept 20 (Reuters) – U.S. homebuilding unexpectedly increased in August as rising rents boosted the construction of multi-family housing to the highest level in more than 36 years, but soaring mortgage rates and high prices are undercutting the overall housing market. The report from the Commerce Department on Tuesday showed permits for future homebuilding […]
Posted in STOP FORECLOSURE FRAUD0 Comments
19 September 2022
Although they’re often the most affordable type of housing, trailer homes are a precarious living situation because the owners don’t own the land and can find themselves displaced if an owner decides to sell or redevelop the property. According to the American Community Survey, 10% of houses in Montana are mobile homes compared to 5.5% […]
Posted in STOP FORECLOSURE FRAUD0 Comments
19 September 2022
This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive time in an effort to cool down the high cost of living. The U.S. central bank has already raised interest rates four times this year, for a total of 2.25 percentage points. Fed officials have “declared inflation […]
Posted in STOP FORECLOSURE FRAUD0 Comments
19 September 2022
The Federal Trade Commission and the California Department of Financial Protection and Innovation (DFPI) are taking action against various companies doing business as Home Matters USA, Academy Home Services, Atlantic Pacific Service Group, and Golden Home Services America, and the owners of the companies, Dominic Ahiga and Roger Scott Dyer, for operating a sham mortgage relief operation […]
Posted in STOP FORECLOSURE FRAUD0 Comments
© 2010-20 FORECLOSURE FRAUD | Managed by INNZES SOLUTIONS.
Recent Comments