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Las Vegas Nevada Luxury Short Sales – Get Help Now

Las Vegas, NV - September 5, 2011 - (RealEstateRama) -- Toni Braxon’s Las Vegas home recently sold as a foreclosure, according to Clark County Records. Toni Braxton, a six-time Grammy winner and her husband Keirston Lewis purchased their Las Vegas...

GoFightForeclosure.com Develops App To Stop Home Foreclosure Exposing Mortgage Fraud Prevention Tips

Atlanta, GA - September 5, 2011 - (RealEstateRama) -- GoFightForeclosure.com ( http://GoFightForeclosure.com ) “Go Fight Foreclosure System” announced today a groundbreaking application system for mobile devices designed to stop home foreclosure exposing mortgage fraud foreclosure prevention tips. The new App is available for download on Android as a complimentary resource tool to help homeowners fight foreclosures and win.

HUD ANNOUNCES MORE THAN $10 MILLION IN COUNSELING GRANTS TO HELP FAMILIES DEAL WITH...

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- In an effort to help families keep their homes and avoid mortgage scams, HUD today announced more than $10 million in housing counseling grants. This is unspent funding from the 2010 appropriation that was re-competed and awarded to HUD-approved counseling agencies.

Register Today for MBA’s 98th Annual Convention & Expo

WASHINGTON, D.C. - September 2, 2011 - (RealEstateRama) -- MBA's Annual Convention and Expo is the premier conference for professionals in all sectors of the mortgage banking industry. The convention addresses key industry-related strategic issues and provides in-depth analysis concerning leadership, growth strategies and trends. Garner insight from influential industry executives as they share their views on the current market, and their projections for the future of real estate finance.

MBA Annual Convention’s 2nd General Session to Include Arrigoni, Emerson, Heid, and Ibrahim

WASHINGTON, D.C. - September 2, 2011 - (RealEstateRama) -- MBA's Annual Convention and Expo is the premier conference for professionals in all sectors of the mortgage banking industry. The convention addresses key industry-related strategic issues and provides in-depth analysis concerning leadership, growth strategies and trends. Garner insight from influential industry executives as they share their views on the current market, and their projections for the future of real estate finance.

FTC Adds Defendant in Deceptive Mortgage Loan Modification Case

WASHINGTON, D.C. - September 2, 2011 - (RealEstateRama) -- The FTC has amended its complaint against U.S. Mortgage Funding, Inc. by adding as a defendant Louis Gendason. The amended complaint also asks the court to issue a preliminary injunction against Gendason that will reduce the chance of consumer injury and preserve the possibility of consumer redress while the defendants await trial.

FTC Seeks Public Comment on Dow Chemical’s Application to Sell Its Torrance, California, Acrylic...

WASHINGTON, D.C. - September 2, 2011 - (RealEstateRama) -- The Federal Trade Commission is seeking public comment on The Dow Chemical Company’s application for FTC approval to sell to Hager Pacific Acquisitions, LLC, real estate and other property in Torrance, California, which is related to a latex polymers business that Dow previously divested to Arkema Inc. Hager Pacific Acquisitions, LLC is a subsidiary of Hager Pacific Properties.

Department of Banking and Finance’s Order to Cease and Desist Issued to Quest Capital...

Atlanta, GA - September 1, 2011 - (RealEstateRama) -- On August 29, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Quest Capital Management, Inc. dba National Home Buyer's Alliance dba w...

SEC Seeks Public Comment on Asset-Backed Issuers and Mortgage-Related Pools Under Investment Company Act

Washington, D.C. - September 1, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today voted unanimously to request public comment on the treatment of asset-backed issuers as well as real estate investment trusts (REITs) and other mortgage-related pools under the Investment Company Act

Lois Lee Greer offers Las Vegas Luxury Short Sales

Las Vegas, NV - September 1, 2011 - (RealEstateRama) -- Many Nevada homeowners have tried loan modification; however, loan modifications just don’t work. Remember that until you have equity in your house, all you are doing is renting. That’s ...

Department of Finance Warns of Mortgage Modification Scam Targeting Spanish Speaking Idahoans

Boise, ID - August 31, 2011 - (RealEstateRama) -- Gavin Gee, director of the Idaho Department of Finance, today warned that a company calling itself Freedom Companies Marketing, Inc., Freedom Companies, Inc., Freedom Companies Lending, and Freedom Fina...

MBA Study Shows Second Quarter 2011 Improvements in Production Profits Among Independents and Subsidiaries,...

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $575 on each loan they originated in the second quarter of 2011, up from $346 per loan in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Second Quarter 2011 Mortgage Bankers Performance Report released today.

State Regulators Release Mortgage Licensing Data Collected by NMLS; Reveals Mortgage Industry Remains Small...

Washington, D.C. - August 31, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) has released its first and second quarter data for state-licensed mortgage companies, branches, and individuals in the Nationwide Mortgage Licensing System & Registry (NMLS)—a mortgage licensing system owned and operated by state regulators.

Alabama Court Affirms Enforceability of MERS Mortgage

Reston, VA - August 31, 2011 - (RealEstateRama) -- In Freddie Mac v. Brooks, the U.S. District Court for Alabama’s Eastern Division dismissed with prejudice the borrowers’ counterclaim against Mortgage Electronic Registration Systems, Inc. (MERS...

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - August 31, 2011 - (RealEstateRama) -- Mortgage applications decreased 9.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 26, 2011.

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - August 30, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency 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 4.57 percent based on loans closed in July. This is a decrease of 0.05 percent from the previous month. This ontract Rate series can be found at http://www.fhfa.gov/Default.aspx?Page=251.

MassHousing Honors NE Moves Mortgage for Being a Top-Producing Lender

BOSTON, MA - August 29, 2011 - (RealEstateRama) -- MassHousing has honored NE Moves Mortgage for being the Agency's top retail producer of first mortgages in 2010, an award the Waltham-based lender has won for the third consecutive year. NE Moves originated 150 MassHousing first mortgages for a total of $34.5 million in financing during calendar year 2010. In addition to being MassHousing's top retail producer in 2010, 2009 and 2008, NE Moves was MassHousing's top overall producer of first mortgages in 2006 and 2007.

Division of Banks Orders Internet Reverse Mortgage Companies to Cease Activity in Massachusetts

BOSTON, MA - August 29, 2011 - (RealEstateRama) -- Continuing the Patrick-Murray Administration’s ongoing efforts to fight deceptive advertising practices, the Division of Banks today announced that cease activity directives had been issued to five entities for marketing reverse mortgages to Massachusetts consumers.The five companies, Eldervantage, LLC; Lender 411, LLC; Senior Reverse Mortgage Online; Reverse Mortgage Helpdesk; and Reversemortgesite, were not approved to sell reverse mortgages in Massachusetts. The actions follow similar enforcement actions the Division of Banks has taken over the past three years in the area of unfair and deceptive advertising practices.

Boxer Calls for Immediate Action to Help Responsible Homeowners

Fresno, CA - August 29, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today reacted favorably to press reports that the Obama Administration is considering new measures to slow down foreclosures and boost the economy by taking steps similar to S.170, the Helping Responsible Homeowners Act. This bipartisan bill will help up to two million Americans to refinance their mortgages at historically low interest rates, keeping them in their homes and boosting economic growth.

Nevada’s #1 Short Sale Team – Lois Lee Greer with The Myers Team

Nevada, NV - August 29, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings closed...