As promised, federal authorities have amped up criminal mortgage fraud prosecutions. ...more

November 6, 2009

At the peak of the housing boom, an unemployed Tampa day trader managed to get two mortgages worth more than $300,000, despite having no income, authorities say. ...more

November 4, 2009

As promised, federal authorities have amped up criminal mortgage fraud prosecutions. ...more

November 3, 2009

A broker for a Tampa mortgage company has agreed to plead guilty to federal conspiracy to commit mail and wire fraud for falsifying information on mortgage applications. Gilberto Jesus Lima, a licensed mortgage broker, worked for Mortgage Corporation of America when he was supposed to pair qualified borrowers with lenders, according to his plea agreement. For his work, he received a commission of 70 percent of fees, while his employer received 30 percent. ...more

August 12, 2009

Housing prices have been dropping for some time and now that the government has taken control of Freddie Mac and Fannie Mae interest rates are coming down as well. ...more

September 14, 2008