Mortgage

WASHINGTON, D.C. - October 24, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement in response to this morning's announcement of changes to the Home Affordable Refinance Program (HARP).

ATLANTA, GA - October 21, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce their sponsorship of the upcoming Fannie Mae and Freddie Mac Industry Day, taking place in Atlanta on October 24, 2011. Presented by American Real Estate University and Southern REO, Industry Day is an event held to help real estate professionals understand the critical resources available and better ways of working with both Fannie Mae and Freddie Mac. Representatives from REMN will be on site throughout the conference, in addition to giving key-note presentations on unique programs the company has launched to better leverage the challenging state of the current housing market.

BALTIMORE, MD - October 20, 2011 - (RealEstateRama) -- Attorney General Douglas F. Gansler is warning landowners that signing a mineral rights lease could conflict with some requirements of their federally-approved home or farm mortgage. To ensure thei...

October 20, 2011 - (RealEstateRama) -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, introduces Mortgage Cadence Symphony Reverse, a reverse mortgage software solution, allowing lenders to get up-and-running quickly utilizing standard, pre-configured workflow. Whether just entering the reverse market or looking to increase productivity, Symphony reverse delivers a cost-effective approach to enterprise lending technology.

October 20, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on the 30-year, fixed rate mortgage

Las Vegas, NV - October 20, 2011 - (RealEstateRama) -- A short sale transaction is without doubt, the most complicated transaction in residential real estate. Just because a Realtor is experienced, does not mean that he/she is experienced with short sa...

GARDINER, ME - October 19, 2011 - (RealEstateRama) -- Bureau of Financial Institutions’ Superintendent Lloyd P. LaFountain, III has released results from a quarterly survey covering residential mortgage loans held by Maine’s 32 state-chartered bank...

MINNEAPOLIS, MN - October 19, 2011 - (RealEstateRama) -- Earlier today in federal court, a Minnesota couple was indicted in connection with a $5 million mortgage fraud scheme. James Warren Hoffman, age 51, and his wife, Teresa Gay Hoffman, age 52, both...

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- Mortgage applications decreased 14.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 14, 2011, which included the Columbus Day holiday.

Washington, DC - October 19, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to transition away from current foreclosure attorney network programs and move to a system where mortgage servicers select qualified law firms that meet certain minimum, uniform criteria. Under current practice, in certain states each Enterprise designates law firms eligible under the Enterprise’s criteria to undertake foreclosure work and mortgage servicers then select and work with these firms.

Washington, D.C. - October 19, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today announced that it has obtained an emergency court order to freeze the assets of a Texas resident and his company charged with falsely telling investors he was using their money to buy and restructure pools of non-performing home mortgages in the wake of the housing market’s decline.

SALT LAKE CITY, UT - October 17, 2011 - (RealEstateRama) -- A federal grand jury returned an eight-count indictment Wednesday afternoon charging Portia R. Louder, age 40, and Chad Louder, age 41, both of Highland, with criminal violations of federal la...

Las Vegas, NV - October 17, 2011 - (RealEstateRama) -- On Wednesday, October 19, 6-7pm, real estate professionals will gather to provide answers and offer possible solutions to struggling Southern Nevada homeowners. Coldwell Banker Premier Realty (CBPR...

MINNEAPOLIS, MN - October 17, 2011 - (RealEstateRama) -- Earlier today in federal court in St. Paul, a 45-year-old Burnsville man was sentenced for conspiring with others to bilk mortgage lenders out of more than $43 million. United States District Cou...

Chicago, IL - October 17, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced Garry Cipponeri, Senior Vice President of Chase in Iselin, NJ, as Chairman of its Residential Board of Governors (RESBOG) and, David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Vice Chair of RESBOG at the MBA's 98th Annual Convention & Expo.

October 17, 2011 - (RealEstateRama) -- A short sale transaction is without doubt, the most complicated transaction in residential real estate. Just because a Realtor is experienced, does not mean that he/she is experienced with short sales. Here’s an...

WASHINGTON, D.C. - October 17, 2011 - (RealEstateRama) -- The Multi-State Mortgage Committee (MMC), a ten-state representative body created by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR), has issued examiner guidelines as a tool for consistent implementation of the Federal Reserve Board’s final rules for closed-end credit under Regulation Z. The rule introduced loan originator compensation restrictions to protect consumers against the unfairness, deception, and abuse that can arise with certain loan origination compensation practices. The rule generally prohibits payments to loan originators based on loan terms and conditions, dual compensation to originators by consumers and any other person, and “steering” consumers to loans to receive greater compensation.

DES MOINES - October 13, 2011 - (RealEstateRama) -- Governor Branstad and Lt. Governor Reynolds today announced that up to $3,500 in down payment assistance is now available to eligible home buyers who purchase their homes using the Iowa Finance Author...

WOODBURY, N.J. - October 13, 2011 - (RealEstateRama) -- Nicole Hantman of Marlton, New Jersey has recently joined Continental Home Loans, Inc as its new Relationship Manager for the New Jersey market. With more than 20 years experience in the real esta...

LOS ANGELES, CA - October 13, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has named Tracy Taft as business development account executive. The 15-year commerci...