Daily Archives: January 28, 2011

Countrywide Accused of ‘Massive Fraud’ — New York Real Estate

Countrywide Accused of ‘Massive Fraud’ by Raja Tayeb on January 26, 2011 Countrywide, which was acquired by Bank of America Inc. in 2008, is being accused of “massive fraud” and misleading investors about mortgage-backed securities, according to a lawsuit filed … Continue reading

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Mortgage Fees Rising Again — New York Real Estate

Mortgage Fees Rising Again by John Tayeb on January 26, 2011 Some lenders already are charging borrowers higher “loan-level price adjustments” that take effect April 1 for mortgages delivered to Fannie Mae. The fees will not affect borrowers with FICO … Continue reading

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