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Mortgage

Mortgage

National Homeownership Month in June Highlights Opportunities to Support Homeownership

WASHINGTON, D.C. - June 1, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) wants current and future home owners to know about the many opportunities they have to show their support for the American dream of homeownership during National Homeownership Month in June. For anyone looking to buy their first home, or to move up to a space that is better suited for their current lifestyle, market conditions make it a great time to buy a home. And a new website from NAHB — www.ProtectHomeownership.com — helps the public take action to protect the many benefits of owning a home that are being threatened by legislative and regulatory proposals.

Springfield Man Charged as Conspirator in Mortgage Fraud Scheme

WASHINGTON, D.C. - May 31, 2012 - (RealEstateRama) -- Michael J. Smith, 31, of Springfield, Pennsylvania, was charged today by indictment with participating in a mortgage fraud conspiracy that caused losses of over $600,000, announced United States Att...

Bankers Nationwide Fight Lending Protections in California

WASHINGTON, D.C. - May 31, 2012 - (RealEstateRama) -- Californians need Attorney General Harris’ Homeowner Bill of Rights to fix mortgage lending abuses and speed economic recovery. But lobbyists fighting it in Sacramento have now enlisted mortgage b...

Las Vegas Short Sale Information | Asset Protection and Full Deficiency Waivers

Las Vegas, NV - May 30, 2012 - (RealEstateRama) -- A recent report named The Myers Team the #1 Short Sale Realtors in Nevada. Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011.

Mortgage Rates Drop to New Survey Lows

WASHINGTON, D.C. - May 30, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 25, 2012. This week’s results do not include an adjustment for early closings on Friday before the Memorial Day holiday.

MBA Announces David H. Stevens to Leave Association

Washington, DC - May 30, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced that David H. Stevens, the association’s President and CEO, will be leaving the organization effective June 30, 2012. SunTrust Bank, a long-standing and active member of MBA, has announced that it has hired Stevens to be President of SunTrust Mortgage.

Pending Home Decline in April but Up Strongly From a Year Ago

WASHINGTON, DC - May 30, 2012 - (RealEstateRama) -- Pending home sales retrenched in April following three consecutive monthly gains, but are notably higher than a year ago, according to the National Association of Realtors

Las Vegas Short Sale Attorneys | How Much Do They Charge?

Las Vegas, NV - May 29, 2012 - (RealEstateRama) -- Why would you pay a Nevada Attorney thousands of dollars to handle your short sale when short sales are free? There has never been a better time to do a short sale. Many banks are now waiving their rig...

U.S. Court of Appeals Affirms Dismissal of Federal RICO Lawsuit against MERS and Mortgage...

Reston, Virginia - May 28, 2012 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that a three-judge panel of the U.S. Court of Appeals for the 11th Circuit affirmed a 2011 decision by U.S. District Court Judge Cecilia M. Altonaga that dismissed an attack on the validity of a Florida foreclosure judgment and thwarted the plaintiffs’ attempt to receive damages through a Racketeering Influenced and Corrupt Organizations (RICO) complaint against MERS and others

Lori Ballen Realtor and her Nevada Short Sale Team close another Las Vegas Short...

Las Vegas, NV - May 28, 2012 - (RealEstateRama) -- The Ballen Group, A Las Vegas Short Sale Specialist Team, known for their Las Vegas Real Estate experience in Short Sales, has just closed another Short Sale in Nevada. Using their comprehensive Short ...

MBA Increases Originations Estimate for 2012 by Almost $200 Billion

Washington, DC - May 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced it is increasing its mortgage origination forecast for 2012 by almost $200 billion, due entirely to an increase in refinances. MBA now expects that mortgage originations will reach $1.28 trillion in 2012, up from $1.26 trillion in 2011

NEW VASCULAR INSTITUE OPENS IN BUFFALO WITH HELP OF $100 MILLION FHA-INSURED MORTGAGE LOAN

WASHINGTON, DC - May 24, 2012 - (RealEstateRama) -- Kaleida Health today held the grand opening of its new Gates Vascular Institute in Buffalo, New York. The new facility's construction was financed by $100.3 million mortgage made possible through the Federal Housing Administration's (FHA) Section 241 Supplemental Mortgage Insurance Program.

SIGTARP, CFPB, and Treasury Issue a Fraud Alert to the Armed Services Community to...

WASHINGTON, DC - May 24, 2012 - (RealEstateRama) -- The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury (Treasury) today issued a fraud alert to the Armed Services community to combat scams targeted at homeowners seeking to apply for mortgage assistance through the Home Affordable Modification Program (HAMP) and other federal programs.

AG Gansler Hosts Two Prince George’s County Mortgage Settlement Workshops

Baltimore, MD - May 24, 2012 - (RealEstateRama) -- In the ongoing effort to help distressed Maryland homeowners get the relief and assistance that may be available under the recent Mortgage Servicing Settlement, Maryland Attorney General Douglas F. Gan...

Scottsdale, Arizona Short Sale Realtor / Specialist

Scottsdale, AZ - May 24, 2012 - (RealEstateRama) -- With over 20 years of experience in dealing with Scottsdale, Arizona Real Estate, rest assured your best interests will be properly represented with Nicholas McConnell at Coldwell Banker in Scottsdale...

Real Estate Mortgage Network, Inc., Continues to Reinforce Wholesale Team With New Account Executives...

Edison, NJ - May 24, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is continuing to strengthen its support levels for independent mortgage brokers and bankers by bringing on veteran account executives in the Midwest and Southeast. Larry Fontaine has joined REMN Wholesale in Grand Rapids, MI, while Matthew Barron and Laura Brooks will be operating out of Orlando, FL, and Molena, GA, respectively. Together, the three bring more than 50 years of mortgage industry experience to the REMN Wholesale team

Las Vegas Short Sales | Cash Back For Homeowners

Las Vegas, NV - May 23, 2012 - (RealEstateRama) -- In an effort to move troubled mortgages off their books, banks have begun offering cash to delinquent homeowners so that they can sell their properties for less than they owe. No lender likes to do sho...

Record Low Mortgage Rates Fuel Third Consecutive Increase In Refinance Applications In Latest MBA...

WASHINGTON, D.C. - May 23, 2012 - (RealEstateRama) -- Mortgage applications increased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 18, 2012.

Deficiency Judgements in Nevada | Las Vegas Short Sales

Las Vegas, NV - May 21, 2012 - (RealEstateRama) -- Why would you pay a Nevada Attorney thousands of dollars to handle your short sale when short sales are free? There has never been a better time to do a short sale. Many banks are now waiving their rig...

Feinstein Bill Increases Opportunity to Refinance Mortgages

Washington, DC - May 17, 2012 - (RealEstateRama) -- Senator Dianne Feinstein (D-Calif.) today introduced the Expanding Refinancing Opportunities Act of 2012, a bill to allow more homeowners the chance to refinance mortgages with insurance provided by t...

Recent NAHB Press Releases

NAHB

New Nationwide Codes Mandate a Major Blow to Housing Affordability

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration

Random NAHB in News

CNNBusiness

Fears of housing downturn may have been overblown

But the National Association of Home Builders (NAHB) said Wednesday that builder confidence spiked last month thanks to a drop in interest rates.
Forbes

I Want A Better House