Mortgage fraud rose 30 percent last year; it is spreading nationwide, and it’s getting the blame for the housing bust.
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McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.21 percent with an average 0.4 point for the week ending May 16, 2007, up from last week when it averaged 6.15 percent. Last year at this time, the 30-year [...]

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I’ve seen a lot of contracts fall apart right at the tail end of the transaction and it’s usually because some small detail (that had important ramifications) was not taken care of. The “T” failed to be crossed and the “I” was missing a dot. Don’t let this happen to you. Realtors, take notice.
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