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Real estate agents don’t have to follow federal rule affecting short sales (access required)

When the Federal Trade Commission created the Mortgage Assistance Relief Services rules in December, it caused a stink in the real estate community. MARS was formed in response to mortgage scams, specifically those involving loan modifications. Real estate agents, in ...

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Mortgage robo-signing goes on

Mortgage industry employees are still signing documents they haven’t read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures. County ...

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When it comes to online banking security, is bigger better? (access required)

Security breaches at banks are nothing new. Last week, thousands of Bank of America customers received letters warning them that their debit card numbers and checking accounts had been compromised by a security breach. Last year, when hackers cracked Citibank’s ...

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