Mortgage Fraud Soars Amid Foreclosure Listings (Home foreclosures)
As mortgage lenders accumulate losses from foreclosure listings and as they implement stricter processes and more requirements for loan applicants, incidents of loan fraud have started to increase. According to LexisNexis Service’s Mortgage Asset Research Institute (MARI), the number of mortgage fraud incidents has risen to record levels in the first …
Source: www.foreclosurelistingsnationwide.com
Sales from Foreclosure Listings Spur Hopes in Sacramento
Hopes for recovery are getting rekindled in Sacramento because of several positive signs in March and April, including increased sales volumes from foreclosed listings in March. According to research by housing research firm MDA DataQuick, 67 percent of the 2,092 previously-owned single-family homes and condos sold in Sacramento in March were …
Source: www.foreclosurelistingsnationwide.com
Raleigh Foreclosures Is Not Sinking Down
Why Raleigh Foreclosures are growing high in demand? Sir Walter Raleigh discovered Raleigh, North Carolina, in 1972. As it is nestled between ocean and mountains, it is also known as the city of oaks . Real estate market of the city has grown in demand in the recent past, mainly due to …
Source: www.foreclosuredatabank.com
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