Archives
Christie Administration Announces $2 Million in State Financing for Affordable Housing Project in Winslow...
TRENTON, N.J. - May 10, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III, Chair of the New Jersey Housing and Mortgage Finance Agency (HMFA), and HMFA Executive Director Anthony L. March...
State Targets Peoria to Promote Homebuyer Down Payment Assistance and Foreclosure Prevention Help
PEORIA - May 10, 2013 - (RealEstateRama) -- State and city officials today announced Governor Pat Quinn’s plans to bring affordable homebuying options and foreclosure prevention relief to Peoria residents. The state’s housing finance agency, the Il...
Schuette Informs National Mortgage Settlement Monitor About Concerns with Banks’ Settlement Compliance
LANSING - May 9, 2013 - (RealEstateRama) -- Attorney General Bill Schuette today sent a letter to Joseph A. Smith, Jr. head of the Office of Mortgage Settlement Oversight to alert him to concerns that certain terms of the National Mortgage Settlement a...
Why You Need a Realtor Who Specializes In Seller Representation To Sell Your Home
Las Vegas, NV - May 9, 2013 - (RealEstateRama) -- There are many Realtors out there. Who will do the best job for you? Representing a Seller in a real estate transaction involves much more than negotiating the highest sale price. Did you know that most...
A.G. Schneiderman To Sue Wells Fargo & Bank Of America For Violating National Mortgage...
NEW YORK, NY - May 7, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement. Signed in 2012, the Sett...
Attorney General DeWine Seeks Restitution for Consumers Harmed by Toledo Loan Modification Business
TOLEDO, OH - May 7, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced a lawsuit against N.M.M.S.R. Incorporated, doing business as Making Home Affordable USA, and its owner Jason Keating of Maumee. The lawsuit charges Keating...
Las Vegas Mortgage Agent Sentenced to 15 Months in Prison for Role in Mortgage...
WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- A Las Vegas mortgage agent was sentenced late yesterday to serve 15 months in prison for her participation in a mortgage fraud scheme that netted more than $1.2 million in fraudulent mortgage loans, ...
Attorney General Pam Bondi’s Statement on National Mortgage Settlement Servicing Standards
TALLAHASSEE, FL - May 7, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement regarding the National Mortgage Settlement Servicing Standards
Governor Cuomo Announces New Program to Protect Sandy Victims from Large Spikes in their...
Albany, NY - May 2, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Fannie Mae and Freddie Mac - in response to a request from the Cuomo Administration - are unveiling a new mortgage relief program to protect victims of Superst...
Statement By A.G. Schneiderman On The Nomination Of Mel Watt To Head The Federal...
NEW YORK, NY - May 1, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today applauded President Obama for nominating Mel Watt as the permanent head of Federal Housing and Finance Agency (FHFA), the agency that oversees Fannie Mae and F...
Attorney General Bondi’s Statement on Appropriation of $200 Million of the National Mortgage Settlement...
TALLAHASSEE, FL - May 1, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the passage of Senate Bill 1852 regarding funding from the national mortgage settlement.
Department Enters into Consent Order with Generation Mortgage Company
Atlanta, GA - April 30, 2013 - (RealEstateRama) -- On April 29, 2013, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Generation Mortgage Company, License Number 22292, located at 3565 Piedmont Road NE...
MORTGAGE BROKER PLEADS GUILTY IN TWO SEPARATE FRAUD SCHEMES RESULTING IN LOSSES OF...
Greenbelt, Maryland - April 26, 2013 - (RealEstateRama) -- Emeka Udeze, age 38, of Bowie, Maryland, pleaded guilty today to conspiring to commit wire fraud in connection with two separate mortgage fraud schemes which resulted in over $2,013,478 of actu...
Idaho Supreme Court: MERS Meets Definition of Beneficiary
Reston, Virginia - April 26, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that a five-justice panel of the Idaho Supreme Court unanimously affirmed a lower court decision in favor of Mortgage Electronic Registration Systems, Inc. ...
Cummings Introduces Bill to Create “Independent Monitor” to Oversee Settlement for Illegal Foreclosures and...
Washington, D.C. - April 25, 2013 - (RealEstateRama) -- Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, announced the introduction of H.R. 1706, The Mortgage Settlement Monitoring Act of 2013, t...
Robert Hurt Statement Following Committee Hearing On Housing Finance System
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Congressman Robert Hurt today released the below statement following the Financial Services Committee hearing examining regulatory impediments to private capital investments and a sustainable hous...
CalHFA Awarded Nearly $1.3 Million to Provide Counseling for Struggling Homeowners
SACRAMENTO - April 25, 2013 - (RealEstateRama) -- The California Housing Finance Agency (CalHFA) today announced that it will receive nearly $1.3 million in additional federal dollars to provide free counseling to homeowners struggling to avoid foreclo...
McNerney Introduces the Home Act to Help Homeowners Avoid Forclosure
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Housing Opportunity and Mortgage Equity (HOME) Act of 2013 to help underwater homeowners avoid foreclosure. The HOME Act will help lower hom...
West Virginia Banks Launch 2013 Mortgage Grants Program
Charleston, W.Va. - April 24, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of Pittsburgh (FHLBank) and three West Virginia Banks – CNB Bank Inc., WesBanco Bank and West Union Bank – had some good news today for first-time homebuyers: they ...
Golden State Foreclosure Starts Lowest Since Late 2005
WASHINGTON, D.C. - April 23, 2013 - (RealEstateRama) -- The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter. The unusually sharp drop in the number of mortgage default n...
