St. Louis County couple charged with mortgage fraud - 2007-02-06
Anna and Mark Bonds were indicted on multiple charges involving a mortgage scam, U.S. Attorney Catherine Hanaway declared Friday. According to the indictment, Anna Bonds, also know as Anna Tillman, and her husband, Mark, allegedly came up with a scheme to defraud mortgage lenders of funds by getting them to finance mortgages based on false and fraudulent information.
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Refinance mortage amounts rise - 2007-02-06
Almost nine in 10 refinance mortgage loans owned by Freddie Mac were for greater loan amounts than the original mortgage balances, Freddie Mac declared Tuesday. The biggest reason for refinancing was to obtain more spending money, declared Freddie Mac, formally the Federal Home Loan Mortgage Corp.
Read the full story at Monsters and Critics.com