Industry News

Slower home loan market worsens fraud

Competition in tighter market weakens broker diligence
Published on Mar 15, 2006

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by CareyBot

After years of red-hot housing sales and refinancings, a cooling market this year is likely to uncover some problems, like a rocky seabed revealed by the ebbing tide. There is growing concern, in particular, that a glut of mortgage brokers ...

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