The Home Equity Theft Reporter: Florida Closing Agent Gets 3 Years In Scam Involving $17M+ In Fraudulently Obtained Mortgages

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mortgage Mortgage. A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property.

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Monday The Dead Rabbi Was Wrongfully Foreclosed On – MFI-Miami More Prime Foreclosures; More Re-Defaults Weekly mortgage applications fall as interest rates rise to highest level in a month The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($484,350 or less) increased to 4.46% from 4.44%, with points increasing to 0.44 from .42.In this period 39,094 more.