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Mortgage broker convicted in $20M mortgage fraud scheme – Mortgage broker, lender and real estate agent Marco Laureti has been convicted in a $20 million mortgage fraud scheme in South Florida. Laureti was found guilty of one count of conspiracy to commit wire fraud and seven counts of wire fraud affecting Washington Mutual, according to the Daily.

BofAML: Forecasted g-fee increases could double in 2013 – The rise in g-fees in the five states is to cover the higher costs associated with longer mortgage default processes in certain jurisdictions. As a result, g-fees are expected to rise by at least an.

Additions to New Bookmarks between April 1 and June 30, 2010 – Bob Jensen’s New Bookmarks on June 30, 2010. Wall Street trader who was mythologized in Michael Lewis’s The Big Short as that rare person who saw the subprime mortgage crisis coming and made a killing as a result, When asked what he brings to the deals he brokers, he cites nothing educational. Instead, it’s the "Three M’s: Money.

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Court dismisses HAMP lawsuit against Ocwen – In this case, now denied, homeowners will have less success in suing HAMP providers when mortgage modifications go bad. Although HAMP participation is voluntary for nongovernment-sponsored entities,

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RMBS issuance on track to generate $12 billion in 2013 – Residential mortgage-backed securitization issuance is on track to generate $12 billion in 2013, according to Standard & Poor’s. Contributing to this trend is Stanwich Mortgage, which announced a $260.

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