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Mortgage lender fined $3.5 million for kickback scheme

Mortgage lender fined .5 million for kickback scheme The Consumer Financial Protection Bureau has ordered mortgage lender Prospect Mortgage to pay a $3.5 million fine for illegal kickbacks to real estate brokers and agents. Source: Home mortgage…

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NYC ‘Mansion Tax’ Would Hit Humble Homesteads

NYC ‘Mansion Tax’ Would Hit Humble Homesteads Hans Pennink/AP Photo Only in New York City could a proposed tax on homes that sell for $2 million and above apply to an 887-square-foot studio apartment. Mayor Bill de…

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