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federal bureau of investigation \ home improvement loan \ mail fraud \ mortgage fraud \ mortgage industry
Amazing Breakthrough Identifying Mortgage Fraud
Current mortgage industry pain is credited to extensive mortgage loan defaults has causes escalating pressure on federal prosecutors to boost investigations into incidents of mortgage fraud across the nation. CNN reported that the FBI forewarned that mortgage fraud was becoming so out of control that the resulting epidemic of fraud could generate a massive financial crisis.
Howard County, MD Housing Market January 2009
Month Dec-2008 Jan-2009 % Change % Sold Price to Asking Price 96% 96% (0%) Sold Homes 162 118 (27%) Asking Price Per Home $ 438,130 $ 378,183 (14%) Sold Price Per Home $ 422,061 $ 363,789 (14%) Sold Price Per Sq Ft $ 173 $ 161 (7%) MLS Days On Market Per Home 97 103 [...]
Baltimore City, Maryland Housing Market for January 2009
Month Dec-2008 Jan-2009 % Change % Sold Price to Asking Price 95% 95% (0%) Sold Homes 296 263 (11%) Asking Price Per Home $ 185,129 $ 159,614 (14%) Sold Price Per Home $ 175,740 $ 150,828 (14%) Sold Price Per Sq Ft $ 131 $ 107 (18%) MLS Days On Market Per Home 100 95 [...]
