Borrowers Fake Income, Employment to Buy Homes
Prices are up, interest rates are rising and it’s tough for a lot of people to qualify to buy a home. So what do some of them do? A growing number of them fake it. According to mortgage-fraud researchers, income misrepresentations on home loan applications were up...Should Ethics Violations Be Available to the Public?
In an era when you can find almost anything you want to know online about real estate – the estimated market value of a house, the rankings of neighborhood schools, crime rates, walkability and much more – there’s one important subject that’s difficult for consumers...Hope Is on the Horizon for Homebuyers in Gig Economy
Here’s some promising news for self-employed entrepreneurs, “gig” economy workers and small business owners: There’s a bipartisan push underway on Capitol Hill to make the home mortgage process a lot easier. Federal lending rules have for years favored applicants...Relaxed FHA Requirements Provide Path for Would-Be Buyers
Is it easier today for homebuyers with a high debt ratio and sub-par credit scores to qualify for a mortgage than it’s been in years? And if so, what might that mean for first-time and repeat buyers who are struggling with credit and debt issues but still hope to buy...This Week’s Paper: Digital Edition
