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The Home Equity Theft Reporter: Lenders, Subprime Loans, & The Mortgage Frenzy In South Florida-entice, induce, or assist a borrower in taking a mortgage that carries high fees, a high interest rate, strips the borrower of equity, or places the borrower in a lower credit rated loan to the benefit of the lender.
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The Home Equity Theft Reporter: Central Florida $13M Home Improvement & mortgage fraud scam yields Another Guilty Plea In a three-paragraph statement, the Federal Reserve said CitiFinancial was required to pay restitution to some subprime and home mortgage borrowers. citigroup said the civil money penalty and restitution amounts would have "no.
4 Documents You Need for Mortgage Pre-approval. November 28th, 2018 | Purchasing a Home. Getting pre-approved for a mortgage is a smart step before you go out looking for a home. A pre-approval letter shows sellers that you have already proven to a lender that you have the income and down payment to qualify for a mortgage loan.