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ANNAPOLIS, MD - February 13, 2012 - (RealEstateRama) -- Governor Martin O’Malley today issued the following statement on the announcement of a nearly $1 billion settlement for Maryland homeowners facing foreclosure:

WASHINGTON, D.C. - February 13, 2012 - (RealEstateRama) -- Local homeowners are eligible for tens of millions of dollars in mortgage principal reductions and mortgage refinancing savings under a national settlement that state and federal enforcement agencies have reached with the five leading bank mortgage servicers, DC Attorney General Irvin B. Nathan said today. At Mayor Vincent C. Gray’s direction, the District joined in the settlement entered into by a contingent of state attorneys general.

TALLAHASSEE, FL - February 10, 2012 - (RealEstateRama) -- Attorney General Pam Bondi today formally entered a landmark $25 billion joint federal-state agreement with the nation’s five largest mortgage servicers over foreclosure abuses and unacceptabl...

LOS ANGELES, CA - February 10, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced an historic commitment to California of up to $18 billion that will benefit hundreds of thousands of homeowners in the state hardest hit by the ...

LITTLE ROCK, AR - February 10, 2012 - (RealEstateRama) -- Attorney General Dustin McDaniel announced today that Arkansas has joined other states and the federal government in a landmark multibillion dollar settlement with five of the nation's largest b...

WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), issued the following statement upon news of an agreement between state and federal officials and five large residential mortgage servicers.

WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- “Today’s agreement marks an important milestone in resolving mortgage concerns, allowing these five institutions – essential providers of mortgage services across the country – to look to the future with clarity and commitment to customers.”

WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- As part of the global resolution between the United States of America and the five largest mortgage servicing banks in the country, which will bring much needed relief to financially distressed homeowners nationwide, Loretta E. Lynch, United States Attorney for the Eastern District of New York, today announced that the government will also resolve its claims against the Bank of America, Countrywide Financial Corporation and certain Countrywide subsidiaries and affiliates (Countrywide) for underwriting and origination mortgage fraud.

WASHINGTON, DC - February 10, 2012 - (RealEstateRama) -- U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 49 state attorneys general have reached a landmark $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. The agreement provides substantial financial relief to homeowners and establishes significant new homeowner protections for the future.

Atlanta, GA - February 10, 2012 - (RealEstateRama) -- GoFightForeclosure.com the leader in training homeowners how-to challenge foreclosures and win. Today announced that the $25 Billion mortgage deal will only legalize wrong foreclosures. Citing that on the brink of the settlement just this week big banks continued to move forward with Robo signed foreclosures

LANSING, MI - February 9, 2012 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced Michigan will join at least 40 other states in a multi-billion dollar nationwide settlement with five of the nation's largest banks/mortgage se...

Jefferson City, MO - February 9, 2012 - (RealEstateRama) -- Attorney General Chris Koster today announced that a Boone County grand jury has handed down 136-count indictments against DOCX, LLC and its founder and former president, Lorraine Brown, for ...

Jefferson City, MO - February 9, 2012 - (RealEstateRama) -- Attorney General Chris Koster announced today that he has given preliminary support to a proposed multistate agreement with some of the largest financial institutions in the country to settle ...

Washington, DC - February 8, 2012 - (RealEstateRama) -- U.S. Select Committee on Ethics Chairman Barbara Boxer (D-CA) and Vice-Chairman Johnny Isakson (R-GA) today praised the Senate’s passage of their amendment to the STOCK Act that would increase...

WASHINGTON, D.C. - February 8, 2012 - (RealEstateRama) -- Mortgage applications increased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2012.

Atlanta, GA - February 8, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded David Roberts, CMB, President and COO of Grandbridge Real Estate Capital, with the CREF Distinguished Service Award at the Association's 22nd Annual Commercial Real Estate Finance(CREF)/Multifamily Housing Convention & Expo held in Atlanta, GA. The award was given to Roberts in recognition of his dedication and service to MBA and the real estate finance industry.

RIVER EDGE, NJ - February 8, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce the addition of Kathryn Paige to the company’s River Edge location. Paige will join REMN in the role of Mortgage Loan Originator, with a focus on special projects. In this unique role, Paige will help implement some of the new initiatives that will further enhance REMN’s quality-centered, customer service driven, suite of mortgage products.

VIENNA, VA - February 7, 2012 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today finalized regulations that require non-bank residential mortgage lenders and originators to establish anti-money laundering (AML) programs and file suspicious activity reports (SARs), as FinCEN requires of other types of financial institutions.

Atlanta, GA - February 6, 2012 - (RealEstateRama) -- Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a 3 percent decline from the $154.7 billion that matured in 2011, and an 18 percent decline from 2010 according to today’s release of the Mortgage Bankers Association’s (MBA) 2011 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes.

Atlanta, GA - February 6, 2012 - (RealEstateRama) -- In its inaugural forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will hit $230 billion in 2012, an increase of 17 percent from 2011 volumes, and continue to rise to $290 billion in 2015. Commercial/multifamily mortgage debt outstanding is expected to also grow in 2012, ending the year above $2.4 trillion, two percent higher than at the end of 2011. By the end of 2015, mortgage debt outstanding is forecast to exceed $2.5 trillion. MBA previewed its forecast of the commercial/multifamily markets today at its Commercial Real Estate/Multifamily Housing Convention in Atlanta.