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KANSAS CITY, MO - September 19, 2011 - (RealEstateRama) -- Beth Phillips, United States Attorney for the Western District of Missouri, announced today that a Leawood, Kan., attorney and a real estate speculator in the United Kingdom pleaded guilty in...

WASHINGTON, DC - September 19, 2011 - (RealEstateRama) -- The economy appears to be on a cusp, flirting with another economic downturn after more than two years of tepid recovery from the most severe recession in the post World War II era. According to Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group, the recovery's fragility makes it vulnerable to any additional shocks that might cause the economy to slip back into a recession. Possible shocks include a deepening of the financial turmoil in Europe; a dramatic slowdown in emerging economies, especially China; and renewed unrest in the Middle East that could send oil prices surging again. The forecast calls for continued sluggish growth at below 2 percent throughout 2012 — not enough to bring down the unemployment rate, which the Group expects to remain above 9 percent through most of next year.

WASHINGTON, D.C. - September 19, 2011 - (RealEstateRama) -- With the Oct. 1 deadline rapidly approaching when the conforming loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) will be lowered, the National Association of Home Builders (NAHB) today called on Congress to move swiftly to extend the current loan limits to prevent further damage to the already fragile housing market and lackluster economy.“Congress must act now to prevent the loan limits from reverting to lower levels,” said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. “A drop in mortgage loan limits would reduce housing demand, and place downward pressure on home prices in major markets. This would exacerbate the current housing downturn, trigger more foreclosures, impede job growth and endanger the fragile economic recovery.”

WASHINGTON, DC - September 15, 2011 - (RealEstateRama) -- The Ad Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), have joined together to launch a new phase of their Foreclosure Prevention Assistance Public Service Advertising (PSA) Campaign. The campaign aims to increase awareness of the Making Home Affordable® Program’s free resources and assistance for homeowners who are struggling with their mortgage payments.

WASHINGTON, D.C. - September 15, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), testified today before the Senate Banking Subcommittee on Housing, Transportation and Community Development at a hearing titled, “New Ideas for Refinancing and Restructuring Mortgage Loans.”

Golden Valley, MN - September 15, 2011 - (RealEstateRama) -- As Renters Warehouse continues to grow, promoting internal staff and selecting a President and COO will encourage more scalability and increased efficiency for the company.

WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- The Ad Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), have joined together to launch a new phase of their Foreclosure Prevention Assistance Public Service Advertising (PSA) Campaign. The campaign aims to increase awareness of the Making Home Affordable® Program’s free resources and assistance for homeowners who are struggling with their mortgage payments.

WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, 2011. This week’s results include an adjustment to account for the Labor Day holiday

Destin, FL - September 14, 2011 - (RealEstateRama) -- Home prices won’t hit the stratospheric highs they did during the real estate boom again, according to a just released opinion poll. There’s too much going against them, including financial reform with Dodd-Frank in Congress, new banking guidelines and red-tape to allow that to happen, respondents to the survey figured.

MILFORD, CT - September 13, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today that it has received approval with Fannie Mae to be a seller/servicer for one-to-four family first lien mortgages and can no...

September 12, 2011 - (RealEstateRama) -- The Montgomery County Department of Housing and Community Affairs (DHCA), in partnership with the Montgomery County Housing Fair Planning Committee and the City of Gaithersburg, invites all county homeowners ...

WASHINGTON, D.C. - September 12, 2011 - (RealEstateRama) -- Commercial/multifamily mortgage delinquency rates among four out of five major investor groups decreased in the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

ATLANTA, GA - September 9, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is pleased to announce the hiring of two new Georgia State Managers to help the company continue its growth throughout the region. Angie Gora and Todd G...

Boston, MA - September 8, 2011 - (RealEstateRama) -- For the second year in a row, Cape Cod Five Cents Savings Bank made more affordable MassHousing home mortgage loans than any other Barnstable County lender.

MINNEAPOLIS, MN - September 8, 2011 - (RealEstateRama) -- Earlier today in federal court, a 52-year-old man was charged for his role in a $20 million mortgage fraud scheme that involved 57 properties. Douglas Rex Butler was charged via an information w...

WASHINGTON, DC - September 8, 2011 - (RealEstateRama) -- Fannie Mae today announced the opening of the Sacramento Mortgage Help Center to provide free education and counseling services to struggling Northern California homeowners. The Sacramento Center is the tenth Mortgage Help Center to open across the country, and is part of Fannie Mae's ongoing effort to ensure that homeowners facing foreclosure understand their options, have access to assistance and receive timely resolutions. The Center was developed in partnership with NeighborWorks HomeOwnership Center Sacramento Region, local community and elected officials, and area mortgage servicers.

WASHINGTON, D.C. - September 8, 2011 - (RealEstateRama) -- Mortgage applications decreased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 2, 2011.

WASHINGTON, D.C. - September 7, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Jeffrey M. Schummer as Vice President of Education. In this role, Schummer will be driving the strategic vision, development and growth of MBA's educational programs.

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- A Las Vegas man pleaded guilty today for his role in a fraud scheme to gain control of condominium homeowners’ associations (HOA) in the Las Vegas area so that the HOAs could direct business to...

Portland, OR - September 6, 2011 - (RealEstateRama) -- Next week, President Barack Obama plans to lay out an agenda to jumpstart the American economy and create jobs. Oregon’s Senator Jeff Merkley is urging him to use that opportunity to take agg...