The False Claims Act was created to keep the Union Army from being ripped off by suppliers during the Civil War. But more than 150 years later, this law strikes fear in the hearts of mortgage lenders and servicers because of its potential for large financial penalties. Industry observers expected the Trump administration to be less aggressive in using the False Claims Act to pursue fraud cases against lenders and servicers of government-insured loans. But so far, that hasn't happened.
Housing markets with low prices aren't always the most affordable cities for first-time home buyers and existing homeowners. That's because income levels and mortgage rates can weaken home purchasing power in even the cheapest markets. Here's a look at 12 cities where the median home sales price is at or below $200,000, but other market factors put a damper on purchasing power.
Walter Investment Management Corp. will close its Ditech subsidiary's Irving, Texas, office by the end of 2017, as the nonbank lender and servicer continues restructuring efforts amid mounting losses. "Despite the progress we are making on our 2017 operating plan, our financial results have been disappointing and the need to accelerate our consolidation is clear," Walter CEO Anthony Renzi said in an internal memo sent to employees on July 12 and reviewed by National Mortgage News.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Obama AND Romney or Obama + Romney.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used.) For example, search for democrat OR republican to find results that refer to
Democrats and/or Republicans.
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".