Mortgage Fraud at Highest Level Since Recession – Saldutti Law Group

Mortgage Fraud at Highest Level Since Recession – Saldutti Law Group

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Whether or not they should be rewarded handsomely (and they should, since they invariably put their careers on the line), I don’t think announcing a bigger payday will move the needle on more people.

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"Recent changes to mortgage regulations are fueling demand for lower priced homes while shrinking the pool of qualified buyers for higher-priced homes," CREA chief economist Gregory Klump wrote in the.

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The serious mortgage borrower delinquency rate, which is considered 60 days or more past due, dropped about 16% annually to 1.91% by the end of the third quarter of 2017, according to TransUnion’s report. "Serious mortgage delinquency rates continue to drop to new post-recession lows, indicating there may be opportunities to responsibly expand access," said Joe Mellman, TransUnion senior.

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