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Mortgage

Mortgage broker gets 14 months for fraud

Nearly four years after indictment for his role in a $14 million mortgage fraud operation, a former Twin Lakes man has been sentenced to 14 months in federal prison.

Paul Zaleski, now living Ojai, Calif., had pleaded guilty to wire fraud and money laundering offenses committed as part of a scheme that ran from 2004 to 2006. He and four others were charged in May 2009.

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Lower mortgage rates attracting more homebuyers 

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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