Press Releases
| Insurance |
CampusMBA Extends Partnership with Insurance Advisors to Offer New Live Online Workshops for Commercial/Multifamily Professionals
October 12, 2009 Posted by MBA
WASHINGTON, D.C - October 9, 2009 - (RealEstateRama) — CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it has extended its partnership with Stamford, Connecticut-based Insurance Advisors LLC. Under the agreement CampusMBA, in conjunction with Insurance Advisors, will offer live online workshops addressing a variety of insurance issues for commercial/multifamily real estate loans.”MBA is keenly aware of the value of offering industry education, especially in this challenging economic environment.
Home Federal Bank, Nampa, Idaho, Assumes All of the Deposits of Community First Bank, Prineville, Oregon
August 10, 2009 Posted by FDIC
August 10, 2009 - (RealEstateRama) — Community First Bank, Prineville, Oregon, was closed by the Oregon Division of Finance & Corporate Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Home Federal Bank, Nampa, Idaho, to assume all of […]
Letter seeks ‘expeditious’ action on corporate issues
May 19, 2009 Posted by CUNA
Washington, DC - May 19, 2009 - (RealEstateRama) — Noting that credit unions have raised several issues about NCUA’s corporate stabilization efforts, CUNA President and CEO Dan Mica has written to the agency urging it to “act favorably and expeditiously” to address the issues, including
Summary of S. 896, the Helping Families Save Their Homes Act of 2009
May 19, 2009 Posted by House Financial Services Committee
Washington, DC - May 19, 2009 - (RealEstateRama) — HOPE for Homeowners: The bill amends the HOPE for Homeowners Program, to (a) permit reduction of excessive fee levels, (b) provide greater incentives for mortgage servicers to engage in modifications under the Program, and (c) reduce administrative burdens to loan underwriters by making the requirements more consistent with standard FHA practices. Specifically, the bill would
Johanns Votes To Aid The Housing Market And Protect Consumers
May 6, 2009 Posted by RealEstateRama
Washington, DC - May 6, 2009 - (RealEstateRama) — Senator Mike Johanns today voted in favor of the Helping Families Save Their Homes Act of 2009. The legislation aims to help stabilize the housing market by encouraging greater participation in the Hope for Homeowners program. Additionally, the bill provides stronger consumer protection by increasing the amount the Federal Deposit Insurance Corporation (FDIC) can borrow from the Treasury and more than doubling the amount of Americans’ personal savings that can be insured by FDIC. The bill passed by a vote of 91-5.
Realtors Covered by NAR with New Limited Health Insurance Program
May 6, 2009 Posted by NAR
WASHINGTON, DC - May 6, 2009 - (RealEstateRama) — Realtors® without health insurance now have an affordable, guaranteed-issue, option for coverage through a new REALTOR Benefits® partner program. Through REALTORS® Core Health Insurance, the National Association of Realtors® is helping make limited medical insurance available for Realtors®, many of whom may not have access to quality, affordable health insurance.
CUNA urges CU action on NCUSIF provisions
April 29, 2009 Posted by CUNA
WASHINGTON, DC - April 29, 2009 - (RealEstateRama) — With a Senate vote fast approaching on its bill to prevent mortgage foreclosures (S. 896), the Credit Union National Association (CUNA) is asking credit unions to urge lawmakers to adopt an amendment addressing National Credit Union Share Insurance Fund (NCUSIF) issues.
NeighborWorksAmerica Honors HUD’s Assistant Secretary for Housing/FHA Commissioner Brian D. Montgomery with the 2008 Government Service Award for Meritorious Service
November 5, 2008 Posted by NeighborWorks
Washington, D.C. - November 05, 2008 - (RealEstateRama) — Today NeighborWorks America announced that Brian D. Montgomery, Assistant Secretary for Housing and Federal Housing Commissioner of the U.S. Department of Housing and Urban Development (HUD), is the recipient of the 2008 NeighborWorks Government Service Award for Meritorious Service.
REALTORS Urge Increased National Loan Limit as Vital to Housing Market
March 6, 2008 Posted by RealEstateRama
WASHINGTON, March 06, 2008 - The National Association of Realtors® today called on the U.S. Senate to enact reform legislation for the nation’s government-sponsored enterprises (GSEs) that will protect the vibrancy, liquidity and stability of the U.S. housing finance system.
FTC Staff Files Mortgage Disclosure Comments With Banking Agencies
November 7, 2007 Posted by RealEstateRama
The Federal Trade Commission today released staff comments to the federal banking agencies – the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of Thrift Supervision, and the National Credit Union Administration – in response to their request for comments on proposed illustrations of consumer information for subprime mortgage lending. In their comments, FTC staff support the agencies’ efforts to develop mortgage disclosures to help subprime borrowers make better informed decisions.
