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mortgage fraud incidents up 45 pct in 2qreported incidents of mortgage fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data released tuesday showed.indymac deal slowed by fannie mortgage issues: sourcewashington (reuters) - the pending sale of failed mortgage lender indymac hit a snag as mortgage giant fannie mae negotiates with federal regulators over the value of about $1 billion in obligations it believes indymac owes it, according to a source familiar with the matter.u.s.-backed banks could be mortgage aid tool: sourceswashington (reuters) - a network of government-backed lenders could become conduits for fresh mortgage financing under a plan being mulled by u.s. policy-makers, sources familiar with the plan said on tuesday.brown unveils mortgage help planpeople made redundant will be able to defer part of their mortgage payments for up to two years, gordon brown says. |
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