Mortgage Industry News for the Week Ending Feb. 29, 2008 http://www.mortgagedaily.com/Podcasts/MortgageDailyPodcast022908.mp3

A New Jersey defense attorney has been named the central figure in a 14-count indictment with three others who are accused of racketeering, murder and $1.1 million in mortgage fraud. http://www.fraudblogger.com/PRNJATTYARRESTED052909.asp

Mortgage rates have held fairly steady since the middle of last week. http://www.bankrate.com/brm/story_content.asp?story_uid=28669&prodtype=mtg

Don't give out personal data to a middleman, and make sure a dealer isn't sneaking in unwanted fees. http://ep.bankrate.com/hlink_redirects/hlink_redirects.aspx?link_address=http://www.bankrate.com/brm/news/car-advice/20090731-DFD-cash-clunkers-scams-a1.asp&ht=9&suid=28537&web=brm

Fannie Mae has introduced an alternative to the Home Affordable Modification Program. Dubbed the Alternative Modification, it is for borrowers who started a HAMP trial modification before March 1, successfully completed the scheduled payments but were not eligible for a permanent HAMP modification. Servicers have 30 days to offer the alternative modifications to eligible borrowers. http://www.mortgagedaily.com/AltAMods031910.asp?spcode=rss