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  2. Home sale scams ramp up amid a housing market short on ... - AOL

    www.aol.com/finance/home-sale-scams-ramp-amid...

    In 2022, the FBI received 11,727 real estate-related complaints with losses of over $396 million, an 86% increase versus 2020 levels. Home sale scams ramp up amid a housing market short on ...

  3. Better Business Bureau - Wikipedia

    en.wikipedia.org/wiki/Better_Business_Bureau

    The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.

  4. Mortgage companies that borrowers are most satisfied with ...

    www.aol.com/finance/mortgage-companies-borrowers...

    Top mortgage lenders for customer satisfaction. The lenders ranking in the top five of the J.D. Power survey were: Prosperity Home Mortgage, with a score of 772. Movement Mortgage, 761. Bank of ...

  5. Mortgage fraud - Wikipedia

    en.wikipedia.org/wiki/Mortgage_fraud

    Mortgage fraud by borrowers from US Department of the Treasury [7]. Mortgage fraud may be perpetrated by one or more participants in a loan transaction, including the borrower; a loan officer who originates the mortgage; a real estate agent, appraiser, a title or escrow representative or attorney; or by multiple parties as in the example of the fraud ring described above.

  6. Predatory lending - Wikipedia

    en.wikipedia.org/wiki/Predatory_lending

    Predatory lending refers to unethical practices conducted by lending organizations during a loan origination process that are unfair, deceptive, or fraudulent. While there are no internationally agreed legal definitions for predatory lending, a 2006 audit report from the office of inspector general of the US Federal Deposit Insurance Corporation (FDIC) broadly defines predatory lending as ...

  7. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Investors in conforming loans, meanwhile, gain low-risk income at a higher interest rate (essentially the mortgage rate, minus the cuts of the bank and GSE) than they could gain from most other bonds. Securitization has grown rapidly in the last 10 years as a result of the wider dissemination of technology in the mortgage lending world.

  8. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here. AOL - Finance News & Latest Business Headlines - AOL.com

  9. Credit rating agencies and the subprime crisis - Wikipedia

    en.wikipedia.org/wiki/Credit_rating_agencies_and...

    source: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States, p.229, figure 11.4 Credit rating agencies came under scrutiny following the mortgage crisis for giving investment-grade, "money safe" ratings to securitized mortgages (in the form of securities known as mortgage-backed securities (MBS) and collateralized debt obligations ...

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