Each Saturday we review all the stories we published during the week — just in case you missed one or two.
Friday
“FHA Reserves Almost Gone, And There’s No Going Back“: HUD/FHA say no need for a bailout. We say that the FHA’s expanded role in the marketplace suggests otherwise.
Thursday
Facebook Hacks
According to WebProNews.com (WPN), Panda Labs — a security company — discovered a web service that will hack into Facebook accounts for a $100 fee. Panda Labs claims that the service will provide “clients” with the email and password information to the desired account:
“The service’s real purpose may be hacking Facebook accounts as they say, or profiting from those that want to try the service,” says PandaLabs Technical Director Luis Corrons. “In any case, the Web page is very well designed. It is easy to contract the service and become either the victim of an online fraud, or a cyber-criminal and accomplice in identity theft. Once an intruder hacks into a Facebook account, all personal data published on the site can be stolen.”
HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.
