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Promoters and Real Estate Professionals Indicted in Waxhaw Mortgage Fraud Cell

CHARLOTTE, NC - September 24, 2012 - (RealEstateRama) -- Nine defendants have been charged in the latest takedown in the Operation Wax House mortgage fraud investigation in the Western District of North Carolina, announced U.S. Attorney Anne M. Tompkins.

Center for Green Schools at USGBC Announces Green Apple Commitment to Action at the...

New York, NY - September 24, 2012 - (RealEstateRama) -- Green Apple, an initiative of the Center for Green Schools at the U.S. Green Building Council (USGBC) was announced today at the Clinton Global Initiative (CGI) Annual Meeting held in New York. Green Apple is a global movement to put all children in schools where they have clean and healthy air to breathe, where energy and resources are conserved and where they can be inspired to dream of a brighter future.

MassHousing’s Peter Milewski Inducted into the New England Mortgage Bankers Conference Hall of Fame

BOSTON - September 21, 2012 - (RealEstateRama) -- MassHousing's Peter Milewski was inducted today into the New England Mortgage Bankers Conference Hall of Fame for his more than 40 years of excellence in mortgage banking.

FHA REMINDS LENDERS TO SPEED INSURANCE PAYMENTS FOR BORROWERS

WASHINGTON, DC - September 21, 2012 - (RealEstateRama) -- In the wake of Hurricane Isaac in Louisiana and Mississippi last month, the Federal Housing Administration (FHA) is reminding its approved lenders to quickly release hazard insurance payments so struggling families can rebuild their homes.

LIU, PENSION FUNDS SECURE FUTURE FOR DIEGO BEEKMAN HOUSES

NEW YORK, NY - September 21, 2012 - (RealEstateRama) -- Comptroller John C. Liu, on behalf of the New York City Employees’ Retirement System and the Police Pension Fund, announced today that the two Funds have invested $19 million in order to provide...

Corker to Fed Governor: Fed Activism & Flawed Dodd-Frank Mortgage Rules Are Counterproductive

WASHINGTON, DC - September 20, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking Committee, today sent a letter to Federal Reserve Governor Daniel Tarullo, head of Bank Supervision and member of the Federal Ope...

Senators Introduce Legislation Requiring CFPB to Conduct Small Business Panel on Mortgage Rule

Washington, D.C. - September 20, 2012 - (RealEstateRama) -- Idaho Senator Mike Crapo (R-ID), along with Senators Richard Shelby (R-AL), Bob Corker (R-TN) and Pat Toomey (R-PA), today introduced legislation, S. 3571, that requires the Consumer Financia...

Mortgage Rates Drop to New Survey Lows

WASHINGTON, D.C. - September 19, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 14, 2012

Lawyer Sentenced to Prison for Obtaining $2.6 Million in Home Loans Through Fraudulent Applications

TRENTON - September 19, 2012 - (RealEstateRama) -- Attorney General Jeffrey S. Chiesa announced that a lawyer from Monmouth County was sentenced to prison today for his role in a scheme to steal more than $2.6 million from lenders by filing fraudulent ...

DAVID ADAMS INDUCTED INTO THE NEW ENGLAND MORTGAGE BANKERS HALL OF FAME

BURLINGTON - September 19, 2012 - (RealEstateRama) -- VHFA’s Chief of Program Operations, David Adams, is being inducted into the New England Mortgage Bankers Hall of Fame today at its annual conference in Newport, Rhode Island.

Federal Financial Institutions Examination Council Announces Availability of 2011 Data on Mortgage Lending

WASHINGTON, D.C. - September 18, 2012 - (RealEstateRama) -- The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,632 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2011 lending activity — applications, originations, purchases and sales of loans, denials, and other actions related to applications.

Pete Mills to Lead MBA’s Residential Policy and Member Services

WASHINGTON, D.C. - September 17, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Pete Mills as Senior Vice President, Residential Policy and Member Services, effective October 1, 2012. In this position, Mr. Mills will lead efforts to enhance MBA’s residential member engagement, retention and recruitment while adding additional strength to MBA’s renowned policy team.

Home Sales and Job Creation would Rise with Sensible Lending Standards

WASHINGTON, DC - September 17, 2012 - (RealEstateRama) -- New survey findings, combined with an analysis of historic credit scores and loan performance, show home sales could be notably higher by returning to reasonably safe and sound lending standards, which also would create new jobs,

Morris County Lawyer Sentenced to Seven Years in Prison in Scheme to Defraud Lender...

TRENTON - September 14, 2012 - (RealEstateRama) -- Attorney General Jeffrey S. Chiesa announced that a lawyer from Morris County was sentenced to prison today for his role in a scheme to defraud a mortgage lender of $431,200 by filing a false loan appl...

Congressman Gregory W. Meeks Praises Federal Reserve’s Actions

WASHINGTON, DC - September 14, 2012 - (RealEstateRama) -- Congressman Gregory W. Meeks (D-NY), a senior member of the House Financial Services Committee, released the following statement today in support of the Federal Reserve’s plan to strengthen th...

CAI: Mortgage Guidelines Moving in the Right Direction

WASHINGTON, D.C. - September 14, 2012 - (RealEstateRama) -- Community Associations Institute (CAI) commends the Federal Housing Administration (FHA) for issuing new guidelines that will provide more opportunities for homebuyers and sellers and greater stability for condominium communities.

MBA Endorses Campbell Bill on Eminent Domain

WASHINGTON, D.C. - September 14, 2012 - (RealEstateRama) -- David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), applauded the introduction of the Defending American Taxpayers from Abusive Government Takings Act, filed today in the U.S. House of Representatives by Congressman John Campbell (R-CA). The bill would prohibit Fannie Mae, Freddie Mac, the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA) from making, insuring or guaranteeing mortgages in areas where municipalities are seizing loans using the power of eminent domain.

Rep. Waters Hosts Panel on Eminent Domain Proposals to Seize Underwater Mortgages

Washington, DC - September 13, 2012 - (RealEstateRama) -- Yesterday, Congresswoman Maxine Waters held a bipartisan panel discussion on the nation’s ongoing housing crisis and whether the use of eminent domain to seize underwater mortgages is a feasib...

Grand Jury Indicts 11 Linked to an Inland Empire Loan Modification Scam That Targeted...

LOS ANGELES, CA - September 13, 2012 - (RealEstateRama) -- Federal agents this morning arrested 10 defendants who worked at a Rancho Cucamonga-based business that allegedly offered bogus loan modification programs to financially distressed homeowners. ...

Reid’s Office Holds Mortgage Assistance Workshop With U.S. Teasury’s Hardest Hit Fund

Las Vegas, NV - September 13, 2012 - (RealEstateRama) -- The office of Nevada Senator Harry Reid and Nevada Affordable Housing Assistance Corporation will host a mortgage assistance workshop in Las Vegas at East Las Vegas Community/Senior Center on Sat...

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Delta Survey - NO AI by Size of Brokerage

Real Estate’s AI “Opt-Out” Is Nearly Extinct, New Delta Media Analysis...

The number of real estate brokerages with no plans to adopt AI has collapsed to just 2 percent in 2026, down from 4 percent in 2025 and nearly 11 percent in 2024, according to a new year-