Last week a letter surfaced from Washington indicating that Countrywide made 173 "VIP" loans, with preferential terms, to executives at Fannie Mae and Freddie Mac.  The letter was from Congressman Darrell Issa, Ranking Member of House Committee on Oversight and Government Reform and requested the Federal Housing Finance Agency to open an investigation.  Alternatively, he asked Alfred Pollard, FHFA General Counsel, if he believed the matter should be referred to the U.S. Department of Justice.

When documents showed up on the Utah county recorder's Web site containing Social Security numbers, the county recorder blamed the citizens and called them "ignorant."

Second quarter 2010 commercial and multifamily mortgage loan originations were one percent higher than during the same period last year and 35 percent higher than during the first quarter, according to the Mortgage Bankers Association.

Legislation hailed by The American Society of Home Inspectors will educate buyers on the importance of obtaining an inspection

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 23, 2010.

A homeowner alleged that the bank foreclosing on his home lacked standing to file the complaint because the mortgage was not assigned to it until four days after the foreclosure was commenced.  The Ohio Twelfth District Court of Appeals addressed this issue in a recent decision.

While the American Land Title Association (ALTA) supports efforts to reduce energy consumption and limit greenhouse gas emissions, several questions need answered regarding the Property Assessed Clean Energy (PACE) program in order to prevent potential risks in delaying or cancelling real estate transactions.