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Georgia Department of Banking and Finance Enforces Mortgage Loan Originator Licensing Requirement; Order to...

Atlanta, GA - January 19, 2012 - (RealEstateRama) -- an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Anthony Ruffolo aka Ronnie Tony Ruffolo of Roswell, Georgia became final

Former Hells Angels President Sentenced to More Than Five Years in Prison in Multi-Million-Dollar...

SAN FRANCISCO, CA - January 19, 2012 - (RealEstateRama) -- Raymond Foakes, 48, of Rohnert Park, California, was sentenced yesterday to 70 months in prison and ordered to pay $1,085,000 in restitution for his role in a multi-million-dollar mortgage frau...

MBA’s Stevens Addresses the Exchequer Club of Washington, DC

WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association, today delivered a speech to the Exchequer Club of Washington, DC, on the housing market and housing policy titled, “A Bright Future Requires Certainty.”

CampusMBA Extends Partnership with Insurance Advisors to Offer New Live Online Workshops for Commercial/Multifamily...

WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it has extended its partnership with Stamford, Connecticut-based Insurance Advisors LLC. Under the agreement CampusMBA, in conjunction with Insurance Advisors, will continue to offer live online workshops addressing a variety of insurance issues for commercial/multifamily real estate loans.

Tierney Continues to Call on FHFA to Allow Mortgage Modifications and Keep Families in...

Washington, DC - January 18, 2012 - (RealEstateRama) -- Today, Congressman John Tierney and Oversight and Government Reform Committee Ranking Member Elijah Cummings called on Committee Chairman Darrell Issa to subpoena documents that Federal Housing Fi...

CBRE FORT LAUDERDALE OFFICE PROMOTES TWO PROFESSIONALS

Fort Lauderdale, FL - January 18, 2012 - (RealEstateRama) -- Deanna Lobinsky and Travis Herring of CBRE in Fort Lauderdale office have earned the titles of Senior Vice President and First Vice President, respectively. Broker titles at CBRE reflect quan...

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- Mortgage applications increased 23.1 percent from one week earlier (last week’s results included an adjustment for New Years Day), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2012.

Las Vegas underwater homeowner needs a las vegas short sale

Las Vegas, NV - January 17, 2012 - (RealEstateRama) -- Current estimates are that nationwide, 6.3 million U.S. homeowners are more than 30 days late on their mortgage and in some stage of foreclosure. “The problem is compounded by the fact that nearl...

Georgia Department of Banking and Finance Revokes Annual License of Citizens First Mortgage Solutions,...

Atlanta, GA - January 16, 2012 - (RealEstateRama) -- On January 6, 2012, the Georgia Department of Banking and Finance’s (“Department’s”) Notice of Intent to Revoke Annual License of Citizens First Mortgage Solutions, Inc., located at 2330 Scen...

Reps. Mike Thompson, Zoe Lofgren, Anna Eshoo Call on Obama Administration to Address Housing...

Washington, DC - January 12, 2012 - (RealEstateRama) -- Representatives Mike Thompson (CA-1), Zoe Lofgren (CA-16) and Anna Eshoo (CA-14) led a group of 25 California Members of Congress in calling on President Barack Obama to address the housing crisis...

2012 Outlook on Key Mortgage Industry Hiring Trends from Drew Waterhouse, Managing Director...

MISSION VIEJO, CA - January 11, 2012 - (RealEstateRama) -- Hammerhouse LLC, a national recruiting and strategic growth firm for the financial services industry with mortgage sales and leadership placement at its core, has released its outlook on key hiring trends in the mortgage industry in 2012, as presented by Drew Waterhouse, Managing Director of Hammerhouse.

Total Mortgage Services Names Neil Bader to Lead Retail Origination Channel

MILFORD, CT - January 11, 2012 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today the hiring of Neil Bader as the Company’s National Retail Sales Manager. To this important management position, Mr. Bader b...

Real Estate Mortgage Network, Inc., Fortifies Wholesale Team In Edison Headquarters With Two New...

River Edge, NJ - January 11, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is continuing to bring respected lending industry executives into their growing REMN Wholesale division. With the additions of Anthony Durso and Roger Del Giorno as account executives, REMN Wholesale is continuing to strengthen its commitment to independent brokers and mortgage originators that rely on the company’s unparalleled commitment to quality and customer service.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2012. The results include an adjustment to account for the New Year’s Day holiday.

Las Vegas Real Estate Team closes another Bank of America Short Sale in Las...

Las Vegas, NV - January 11, 2012 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Homeo...

Orlando Mortgage Lender FBC Releases Year End Central Florida Mortgage Report for 2011

Orlando, FL - January 10, 2012 - (RealEstateRama) -- Orlando mortgage lender FBC recently released their yearend Central Florida Mortgage Report for 2011. Based on all of the data 2011 may be viewed as the year the mortgage and housing market leveled o...

Better Business Practices Achieved by Discarding Homegrown Technologies

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has been selected by Generation Mortgage Company to replace its homegrown lending system with Mortgage Cadence’s enterprise lending platform, Orchestrator®, Finale Document Services and the Mortgage Cadence Opus imaging solution. This completely configurable end-to-end product suite will support their need for greater efficiency and scalability in multiple business channels under the umbrella of a single solution.

MBA Statement on Fed’s Housing Policy White Paper

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) issued the following reaction to the white paper released by the Federal Reserve, titled, "The U.S. Housing Market: Current Conditions and Policy Considerations."

Builders Applaud Fed Report on Housing

WASHINGTON, D.C. - January 6, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) concurs with a finding by the Federal Reserve that excessively tight mortgage lending standards are hampering a housing and economic recovery.

AG Gansler: Wells Fargo Settles Over “Pick-a-Payment” Mortgages

BALTIMORE, MD - January 5, 2012 - (RealEstateRama) -- Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has entered into an agreement with Wells Fargo over the allegedly deceptive marketing of adjustable rate mor...

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Chu Leads California Lawmakers in Urging FEMA to Expand Housing...

Rep. Judy Chu (CA-28) led 14 members of the California delegation in a letter to David Richardson, the Senior Official Performing the Duties of FEMA Administrator, urging the agency to explore all available federal disaster housing programs for survivors who remain displaced nearly six months after the devastating Los Angeles fires.