Thursday, March 28, 2024

Archives

Not Your Parents’ FHA: Neugebauer Statement at Financial Services Committee Hearing

WASHINGTON, D.C. - February 6, 2013 - (RealEstateRama) -- Thank you, Mr. Chairman, for holding this important hearing examining the Federal Housing Administration’s (FHA) role in the mortgage insurance market. As you mentioned, this is the first in a...

Attorney General Ferguson joins state-federal coalition challenging S&P ratings

OLYMPIA - February 5, 2013 - (RealEstateRama) -- Attorney General Bob Ferguson today joined a group of state attorneys general and the U.S. Dept. of Justice in filing suit against Standard & Poor’s. The group alleges the credit rating agency mis...

Mortgage Loan Officers Sentenced for $4.8 Million Mortgage Fraud

MINNEAPOLIS - February 5, 2013 - (RealEstateRama) -- Earlier today in federal court, two mortgage loan officers were sentenced for recruiting straw buyers to purchase properties at inflated prices and then distributing the excess loan funds among thems...

First-time homebuyers in East King County offered help with down payments

SEATTLE - February 5, 2013 - (RealEstateRama) -- First-time homebuyers in East King County will again have access to downpayment assistance through the House Key Plus ARCH Downpayment Assistance Program.

Littleton Man Sentenced for Shredding Documents in an Attempt to Obstruct Mortgage Fraud Investigation

DENVER - February 4, 2013 - (RealEstateRama) -- Justin H. Knight, age 36, of Littleton, Colorado, was sentenced last Friday by U.S. District Court Judge Robert E. Blackburn to serve five years’ probation, with the first 12 months in home detention fo...

The Problem With Fannie Mae Short Sales

Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (averag...

Why Are Fannie Mae Short Sale Appraisals So High?

Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (avera...

The Ballen Group Las Vegas Real Estate Team Has JUST SOLD, A Home For...

Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- The property, located on TWIN FEATHERS in The Mesa, A Summerlin Village inside Summerlin West took only 43 days from the day the listing went under contract until the day it closed and recorded. Th...

Florida-based ‘Robo-Signer’ Settles With Texas, 44 Other States Over Improper Mortgage Servicing

AUSTIN - February 1, 2013 - (RealEstateRama) -- Texas Attorney General Greg Abbott today announced that Texas, 44 other states and the District of Columbia have concluded an extended, nationwide investigation into Florida-based Lender Processing Servic...

Four Charged in $15 Million Mortgage Fraud Scheme

CAMDEN, NJ - February 1, 2013 - (RealEstateRama) -- Four individuals from New Jersey were taken into custody today for their alleged roles in a $15 million mortgage fraud scheme on an indictment returned by a federal grand jury on January 30, 2013, U.S...

Proposed settlement in unfair mortgage practices case

HARRISBURG - February 1, 2013 - (RealEstateRama) -- Pennsylvania Attorney General Kathleen G. Kane today announced that her office, along with 45 other Attorneys General and the District of Columbia, have reached a $120 million multi-state settlement w...

State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program

COLUMBUS, OH - February 1, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program an...

Connecticut Resident Charged with Orchestrating Extensive Mortgage Fraud Scheme

NEW HAVEN, CT - February 1, 2013 - (RealEstateRama) -- Filippos “Filip” Milios, 54, of Newington, Connecticut, was arrested today on a federal criminal complaint charging him with bank fraud stemming from his alleged involvement in an extensive mor...

California Department of Insurance announces $20.6 rate reduction for homeowners

SACRAMENTO, CA - February 1, 2013 - (RealEstateRama) -- Insurance Commissioner Dave Jones announced today a 35 percent rate reduction for lender-placed (also called force-placed) homeowner insurance coverage offered by QBE Insurance Corporation. The ra...

Attorney General J.B. Van Hollen and Other Attorneys General Reach a $120 Million Settlement...

MADISON - January 31, 2013 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced today that he and other Attorneys General and the District of Columbia have reached a $120 million multi-state settlement with Lender Processing Services, Inc. ...

Attorney General Pam Bondi, Tampa Mayor Buckhorn and St. Petersburg Mayor Foster Host Press...

TALLAHASSEE, FL - January 31, 2013 - (RealEstateRama) -- On Friday, Feb. 1 at 2 p.m. Attorney General Pam Bondi, Tampa Mayor Buckhorn and St. Petersburg Mayor Foster will host a press event to discuss the national mortgage settlement and the relief tha...

Schuette Announces Civil Settlement with Mortgage Document Processor Over Fraudulent Robo-Signing

LANSING, MI - January 31, 2013 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced that he has reached a $2.5 million civil settlement with Lender Processing Services, Inc., and its now defunct subsidiary DocX, a document proc...

Rep. Cummings, Sen. Warren Launch Joint Investigation of Settlement Ending Independent Foreclosure Review Process

Washington, D.C. - January 31, 2013 - (RealEstateRama) -- Today, Senator Elizabeth Warren (D-MA) and Rep. Elijah E. Cummings (D-MD) sent a letter to Federal Reserve Chairman Ben Bernanke and Comptroller of the Currency Thomas Curry seeking documents re...

Attorney General Pam Bondi and Orlando Mayor Buddy Dyer Host Press Event to Discuss...

TALLAHASSEE, FL - January 31, 2013 - (RealEstateRama) -- On Friday, Feb. 1, at 9 a.m. Attorney General Pam Bondi and Orlando Mayor Buddy Dyer will host a press event to discuss the national mortgage settlement and the relief that is available to Florid...

Multistate Settlement Agreement Reached Over Mortgage Document Execution Practices

WASHINGTON, D.C. - January 31, 2013 - (RealEstateRama) -- Attorney General George Jepsen today announced a $120 million multistate settlement agreement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX, over all...

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.