Home sales are tepid, but mortgage fraud is becoming more common

CoreLogic’s risk index rose 8.3% in the past year, driven by more cases of identity and transaction fraudNew data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet. The CoreLogic Mortgage Application Fraud Risk

Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation

The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to move beyond just voicing an opinion.In an email sent to members on Oct. 3, Utah-based Park City Board of Realtors (PCBR) announc

Citadel agrees to pay $6.5M to settle DOJ’s redlining claims

The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations.This is the DOJ’s first redlining settlement inv