Mortgage fraud is on the rise



A growing number of borrowers are becoming so desperate to qualify for a mortgage that they end up lying about how much they earn on their applications.

Blacks twice as likely to be denied a mortgage as whites



Mortgage application denials are at their lowest level in almost 20 years, but there remains a stark divide between loan applicants based on their race.

Freddie Mac pilots new lending program for first-time buyers



Freddie Mac has launched a new pilot lending program with two non-bank lenders that eases the income and documentation requirements that come with a standard mortgage application.