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Washington, DC - June 26, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.78 percent based on loans closed in May. Beginning in March, FHFA is calculating interest rates using unweighted survey data.

ATLANTA, GA - June 25, 2012 - (RealEstateRama) -- U.S. Representatives John Lewis, David Scott, and Hank Johnson today urged Georgia Governor Nathan Deal, Community Affairs Commissioner Michael Beatty, and Economic Development Commissioner Chris Cummis...

June 25, 2012 - (RealEstateRama) -- Yesterday, U.S. Reps. John Lewis, David Scott, and Hank Johnson sent a letter to Georgia Governor Nathan Deal, Community Affairs Commissioner Michael Beatty, and Economic Development Commissioner Chris Cummiskey urgi...

DES MOINES - June 25, 2012 - (RealEstateRama) -- The Iowa Finance Authority (IFA) has teamed up with the Iowa Association of REALTORS®, Des Moines Area Association of REALTORS® and area lenders and Realtors® to keep Central Iowa home sales, which ar...

Anchorage, AK - June 25, 2012 - (RealEstateRama) -- Attorney General Roy Cooper and Assistant Attorney General Phil Lehman received national awards last week for their work negotiating a landmark settlement that helped lower mortgage payments for strug...

WASHINGTON, D.C. - June 21, 2012 - (RealEstateRama) -- The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 in ill-gotten gains to settle Federal Trade Commission charges. The settlements also permanently ban the 11 defendants from selling any mortgage assistance relief products.

Dover - June 21, 2012 - (RealEstateRama) -- Delaware Gov. Jack Markell and Attorney General Beau Biden announced a plan today that will use the funds the state is receiving from the National Mortgage Foreclosure Settlement to help Delawareans who have ...

BEDFORD, N.H. - June 21, 2012 - (RealEstateRama) -- For the first time in its 35 years of mortgage lending, New Hampshire Housing Finance Authority will offer affordable mortgage loans and downpayment assistance to all income qualified homebuyers thr...

June 20, 2012 - (RealEstateRama) -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Document Services, Compliance and Default Servicing Technology for the financial services industry, has acquired Prime Alliance Solutions, Inc., the leading provider of mortgage technology and related solutions to the credit union industry. Uniting these two powerful players within the mortgage industry will solidify Mortgage Cadence’s stronghold as the industry’s most complete, end-to-end technology provider on the market, capable of supporting the top 10 top banks and lending institutions along with the burgeoning credit union space, while also expanding market share in the community and regional bank arena.

SACRAMENTO - June 20, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced the Assembly Public Safety Committee passed an important piece of the California Homeowner Bill of Rights that aims to protect California homeowners from...

June 20, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin and Providence Mayor Angel Taveras, in partnership with the Loan Modification Scam Alert campaign, will host a free mortgage foreclosure prevention and loan modification workshop o...

WASHINGTON, D.C. - June 20, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 15, 2012.

Cleveland, OH - June 19, 2012 - (RealEstateRama) -- Quicken Loans Inc., the nation’s largest online home lender and fourth largest retail mortgage lender, today announced it ranked #1 on The Plain Dealer’s “Top Workplace” list for mid-sized companies. The Cleveland Web Center specializes in government-backed Veterans Affairs (VA) loans designed to make home financing easier for active and retired military.

WASHINGTON, D.C. - June 18, 2012 - (RealEstateRama) -- On Wednesday, June 13, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to the Federal Housing Finance Agency (FHFA) in response to the FHFA’s draft Strategic Plan: Fiscal Years 2013-2017. The letter outlines MBA’s views and recommendations as the FHFA undertakes further refinements and continues its implementation

WASHINGTON, D.C. - June 15, 2012 - (RealEstateRama) -- When talking of renowned property listing and tracking services, it’s hard to look past HomeFinder.com. For quite some time now, web users have been benefiting from the trusted apartment locating services of HomeFinder.com, and when the company released its official iOS client in the App Store last year, smartphone users were introduced to perhaps the most feature-packed and thorough app of this genre. If you’re an Android user, envy not, as the official

Las Vegas, NV - June 15, 2012 - (RealEstateRama) -- Since the passage of AB284, short sale inventory in Las Vegas has been catching up with foreclosures. Now, for the first time ever, short sale closings account for the vast majority of homes sold in L...

Oahu, HI - June 14, 2012 - (RealEstateRama) -- A homeowner from Hawaii Island needing help modifying his mortgage; a Maui Vietnam War veteran and a Maui widow needing assistance from the Department of Veterans Affairs (VA); and a Kauai senior and a Haw...

ALBUQUERQUE - June 14, 2012 - (RealEstateRama) -- Yesterday, a federal judge in Santa Fe, New Mexico sentenced Manuel Garcia, 70, currently residing in Los Angeles, California, to a 13-month prison sentence, to be followed five years of supervised rele...

WASHINGTON, D.C. - June 14, 2012 - (RealEstateRama) -- Mortgage applications increased 18.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 8, 2012. Last week’s results included an adjustment for the Memorial Day holiday

WASHINGTON, D.C. - June 13, 2012 - (RealEstateRama) -- At the request of the Federal Trade Commission, a U.S. district court has halted an operation that allegedly preyed on financially vulnerable homeowners, convincing them to pay $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages.