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Single family homes on the market. Updated weekly.Powered by Altos Research
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Big mortgage fraud bust to be announced Thursday afternoon

CNN is reporting this morning that an investigation by the FBI and Justice Department has netted arrests of more than 300 alleged perps tied to various mortgage fraud rings across the country, totaling more than $1 billion in the aggregate. Citing an unnamed government source, CNN said most of the arrests were made yesterday in Miami, Houston, San Antonio, Baltimore, Chicago and other cities. Deputy Attorney General Mark R. Filip and FBI Director Robert S. Mueller will participate in a press conference scheduled for later today that is expected to announce details of the fraud bust; HW will cover the news when it becomes available.

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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