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Nationally, five of the six mortgage fraud types increased risks over the quarter. The most common types of fraud were income and property fraud, which registered the largest year-over-year increases in the second quarter, up by 27.3% and…
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While Ocwen and smaller players have shown concern about the impact of new risk-based capital requirements Ginnie Mae plans to add by the end of next year, others publicly traded companies may not, according to a new Keefe, Bruyette &…
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Meanwhile, in Australia, one employer is working on bringing up wage levels for some of its lowest paid workers. National Australia Bank (NAB) is offering enhanced pay of 5%, and it is offering one extra week’s leave for employees earning…
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