Friday, June 20, 2025

Archives

CHRISTOPHER WASINGER AND BRIAN POLING JOIN REAL ESTATE MORTGAGE NETWORK, INC., AS FLORIDA REGIONAL...

ORLANDO, FL - April 5, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is increasing its commitment to the Florida real estate market with the additions of Christopher Wasinger and Brian Poling as Regional Managers. Both veterans of the mortgage industry, Wasinger and Poling will oversee the multiple REMN offices located throughout the state. REMN is one of the largest, privately held mortgage lenders in the US, known nationwide for its commitment to customer service and quality loans in the residential housing market.

With Nearly 25% Of Ohio Homeowners Underwater On Their Mortgages, Brown Unveils New Plan...

COLUMBUS, OH - April 4, 2012 - (RealEstateRama) -- With nearly 25 percent of Ohio homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) today unveiled a new plan to improve the housing market by addressing “short sale” home sal...

A.G. Schneiderman Issues Alert To Protect New York Homeowners From Mortgage Settlement Scams

NEW YORK, NY - April 4, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman alerted New York homeowners today to beware of phone solicitations from scam artists claiming to provide assistance related to the recent national mortgage servici...

Attorney General Darrell McGraw Begins “Project: Save Our Homes” Events in Putnam, Kanawha and...

CHARLESTON - April 4, 2012 - (RealEstateRama) -- West Virginia Attorney General Darrell McGraw today announced the details for the first four Project: Save Our Homes workshops to help the state’s homeowners obtain relief under the recent landmark mor...

Legislation Intended to Prevent Tax Increases on the Beneficiaries of the Mortgage Settlement Agreement

Washington, D.C - April 4, 2012 - (RealEstateRama) -- U.S. Representatives Shelley Berkley (D-NV), Jim McDermott (D-WA) and John Larson (D-CT) introduced the "Homeowners Tax Fairness Act" today to protect homeowners and servicemembers who were wrongly ...

Wells Fargo Top Commercial/Multifamily Mortgage Originator in 2011

Washington, DC - April 4, 2012 - (RealEstateRama) -- Wells Fargo was the top commercial/multifamily mortgage originator in 2011, according to a set of listings released today by the Mortgage Bankers Association (MBA). Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; PNC Real Estate; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; Prudential Mortgage Capital Company; Northmarq Capital LLC; and JP Morgan (CMBS).

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 4, 2012 - (RealEstateRama) -- Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 30, 2012.

Savage Man Sentenced for Participating in $13 Million Mortgage Fraud Scheme

MINNEAPOLIS, MN - April 3, 2012 - (RealEstateRama) -- Earlier today in federal court, a 37-year-old Savage man was sentenced for participating in a $13 million mortgage fraud scheme that involved no fewer than 25 properties in Prior Lake, Savage, and M...

Fund Offers Incredibly Low Interest Rate on 30-Year Fixed Mortgage

April 3, 2012 - (RealEstateRama) -- There has never been a better time to purchase a home in West Virginia. The West Virginia Housing Development Fund is providing qualifying families a 30-year fixed rate loan at 3.25%. Down payment and closing cost a...

Finale® Enhances Advanced Document and Preparation Service with Addition of Reverse Spanish Documentation

April 3, 2012 - (RealEstateRama) -- Finale Document Services, a document preparation and content provider combining long-standing knowledge in mortgages with financial services, software development, and regulatory compliance expertise, is proud to introduce the addition of reverse document packages in Spanish. With the Hispanic reverse homebuyer market gaining speed, there is no better time to embrace this paradigm shift and begin tapping into this emerging market. Finale leads the way by dynamically creating documents quickly while now accelerating the document generation and delivery process in Spanish as well as English.

HOPE NOW: 45K Proprietary Loan Mods for Homeowners in February

WASHINGTON, DC HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its February 2012 loan modification data. An estimated 45,000 homeowners received permanent, affordable loan modifications via proprietary programs from mortgage servicers during the month.

OPIC Board Approves $400 Million to Support Local Financial Institutions’ Lending to SMEs, Renewable...

WASHINGTON, D.C. - April 2, 2012 - (RealEstateRama) -- The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved a $400 million framework agreement which will enable Wells Fargo to provide U.S. dollar funding to financial institutions in emerging markets so that they can expand their lending to small and medium-sized enterprises (SMEs), housing and renewable energy projects.

Jury Convicts Chico Mortgage Broker of Mortgage Fraud

SACRAMENTO, CA - March 30, 2012 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that Kesha Danine Fortune Haynie, 41, of Chico, was convicted today of two counts of mail fraud in connection with a mortgage fraud scheme. The gu...

Refinance Applications Drop for Sixth Consecutive Week

WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012.

New York Fed Develops New Tool to Analyze Local Housing Market; Regional Mortgage Conditions...

NEW YORK, NY - March 27, 2012 - (RealEstateRama) -- The Federal Reserve Bank of New York today introduced a new interactive online tool providing mortgage delinquency and foreclosure information for each county in New York, New Jersey and Connecticut.

A.G. Schneiderman Announces $4 Million Settlement With New York Foreclosure Law Firm Steven J....

NEW YORK, NY - March 27, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced an agreement with Steven J. Baum P.C. (“Baum Firm”), Pillar Processing, LLC (“Pillar”), Steven J. Baum, and Brian Kumiega requiring them t...

Grijalva Hails Bank of America Program to Keep Families Facing Foreclosure in Homes as...

Washington, D.C. - March 27, 2012 - (RealEstateRama) -- Rep. Raúl M. Grijalva today hailed a new Bank of America pilot program that will offer a small number of customers facing foreclosure the option to remain in their homes as renters for up to thre...

Coral Mortgage Operator Sentenced on Multi-Million-Dollar Securities Fraud

ST. LOUIS - March 27, 2012 - (RealEstateRama) -- The United States Attorney’s Office announced today that David Rubin, employee and operator of two local offices of Coral Mortgage Bankers Corporation, was sentenced to five years’ probation, six mon...

CampusMBA Announces New Continuing Education Requirement for Certified Mortgage Banker (CMB) Designation

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced a new Continuing Education (CE) requirement for all Commercial, Residential and Master Certified Mortgage Banker (CMB) designates. Beginning June 1, 2012, all CMB designates will now be required to complete ongoing continuing education to maintain their respective designation.

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - March 27, 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 ARM contracts, was 4.08 percent based on loans closed in February. Beginning this month, FHFA is calculating interest rates using un-weighted survey data. For January, a comparable rate based on unweighted data would have been 4.18 percent.

Recent Gov & Nonprofit Real Estate Press Releases

EFC Accepting Applications for $325M in Grants

New York State Environmental Facilities Corporation President & CEO Maureen A. Coleman today announced the application period is open for $325 million in State grants for critical water infrastructure projects. The next round of the Water Infrastructure Improvement and Intermunicipal Water Infrastructure Grant programs delivers on Governor Kathy Hochul’s clean water funding commitments.