| Sep 29, 2011 3:55PM After leveling-off yesterday Mortgage Rates saw some solid improvements today, in many cases dropping Best-Execution rates by an eighth of a point. Yesterday we noted that things could be volatile through the end of this week, but today that volatility worked in our favor. The Secondary Mortgage Market opened strong, quickly weakened in choppy trading, and progressively recovered beyond the AM strength by the end of the day. Today's Rates: BESTEXECUTION 30YR FIXED - More evenly split between 3.875... Sep 29, 2011 2:40PM While overall rates of mortgage related fraud appear to have fallen significantly in 2011, some particular manifestations have increased dramatically according to a new report authored by CoreLogic. The company predicts that fraud related U.S. residential mortgage originations will total $7.4 billion this year, a near 40 percent decline from the estimated $12 billion experienced in 2010. The dollar figure placed on fraud is down partially because of the decline in mortgage volume, but lenders are...
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