Alaska USA FCU Deploys Metavante’s Loan Origination Technology to Streamline Mortgage Operation
MILWAUKEE, March 17, 2008 – Metavante (NYSE:MV), a leading provider of banking and payments technology, today announced that Alaska USA Federal Credit Union (FCU) is in production with Metavante’s Loan Origination System (LOS) point-of-sale solution for its mortgage operations. Alaska USA FCU, headquartered in Anchorage, is one of the top 10 credit unions in the [...]Related posts:
- Equifax Solution Helps Lenders Streamline the Loan Modification Process and Optimize Portfolio Management
ATLANTA, Dec. 19 /PRNewswire-FirstCall/ — Amidst the current mortgage crisis and intense scrutiny of the subprime market, Equifax Inc. (NYSE: EFX) has launched a solution to help lenders navigate new guidelines for homeowner assistance created by the HOPE NOW alliance. ...
- New York Fed posts loan rates for June 16 CMBS TALF operation
New York, NY - June 16, 2009 - (RealEstateRama) — The Federal Reserve created the Term Asset-Backed Securities Loan Facility (TALF), to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by auto loans, student loans, credit card loans, equipment loans, floorplan loans, insurance premium finance loans, loans...
- Economic Recovery Funds to Add Affordable Housing in Alaska
ANCHORAGE, AK - May 13, 2009 - (RealEstateRama) — Nine affordable housing providers in Alaska are sharing more than $16 million in federal funds made available to the state under the federal Housing and Economic Recovery Act of 2008....
- Loans and Shares Reflect Steady Growth in 2007
Mortgage lending remains strong and loan delinquencies expand Alexandria, Va., February 21, 2008 – Federally insured credit unions reported solid loan and share growth and membership expansion in 2007 while loan delinquencies increased according to call report data submitted by the nation’s 8,100 federally insured credit unions. ...
- MassHousing Announces Mortgage Financial, Inc. as Approved Lender for First-Time Homebuyer Tax Credit Loan
First-time homebuyers could borrow up to $8,000 in advance of federal tax credit. BOSTON, MA - August 19, 2009 - (RealEstateRama) -- MassHousing announced today that Mortgage Financial, Inc., based in Tewksbury, is an approved lender of MassHousing’s First-Time Homebuyer Tax Credit Loan that will allow first-time homebuyers to borrow up to $8,000 in advance of their federal tax credit...
- Donovan Awards Almost $5.5 Million To Jump-Start Affordable Housing Construction In Alaska
Recovery Act funding to stimulate the production of affordable units stalled by recession. July 30, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan Tuesday awarded $5,490,631 to jump start affordable housing programs in Alaska that are currently stalled due to the current economic recession. Funded through American Recovery and Reinvestment Act of 2009 (Recovery Act), HUD’s...
- Secretary Chu Announces Funding for Clean Energy Projects on Tribal Lands and Alaska Villages
Anchorage, AK - August 13, 2009 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu today announced up to $13.6 million in multi-year funding for new clean energy projects on tribal lands. Thirty-six Native American tribes and Alaska villages have been selected to receive awards that will advance renewable energy technologies and energy efficiency and conservation projects on tribal lands and...
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Articles Category: Mortgage
- Orlando Man Sentenced in Multi-Million-Dollar Mortgage Fraud Scheme
ORLANDO, FL - March 18, 2010 - (RealEstateRama) -- U.S. Attorney A. Brian Albritton announces that U.S. District Judge G. Kendall Sharp today sentenced Mark J. Moncher (age 53, of Orlando) to 57 months in federal prison for conspiracy to commit mail and wire fraud in connection with a mortgage fraud scheme. The court also ordered Moncher to pay more than $1.9 million in restitution. Moncher had pleaded guilty on December 29, 2009.
- Terry Goddard Announces Settlements in Real Estate Fraud Case
Phoenix, AZ - March 17, 2010 - (RealEstateRama) -- Attorney General Terry Goddard today announced a $120,000 settlement with several defendants for their roles in a real estate scheme in Pima County that deceived novice investors, financial lenders and unqualified home buyers
- Forty Indicted in Major East Texas Mortgage Fraud Scheme
PLANO, TX - March 16, 2010 - (RealEstateRama) -- U.S. Attorney John M. Bales announced today that 40 individuals have been arrested and charged in connection with a major mortgage fraud scheme in the Eastern District of Texas.
- Mortgage Fraud Leader Sentenced to Nearly 17 Years in Prison
PHOENIX, AZ - March 16, 2010 - (RealEstateRama) -- Mario G. Bernadel, 51, a citizen of Haiti, was sentenced today to nearly 17 years in prison for his conviction on multiple counts for leading a mortgage fraud scheme in Phoenix that cost banks over $9 million.
- Fattah Asks Sen. Dodd to Add Mortgage Emergency Assistance to Senate Bill
WASHINGTON, D.C. - March 15, 2010 - (RealEstateRama) -- In a letter to Senate Banking Committee Chairman Chris Dodd (D-Conn.), Congressman Chaka Fattah (D-PA) asked that new Senate regulations on the financial services industry include Fattah’s mortgage relief provisions that are contained in H.R. 4173, the Wall Street and Consumer Protection Act of 2009.
- Bureau of Financial Institutions Announces Continued Modest Increase in Home Foreclosures, But Increase in New Mortgage Loans
March 15, 2010 - (RealEstateRama) -- Bureau of Financial Institutions Superintendent Lloyd P. LaFountain, III announced this week that fourth quarter 2009 data submitted by Maine-chartered banks and credit unions shows a continuing increase in home foreclosures in Maine. In general, foreclosure activity at Maine banks and credit unions appears to be lower than in many other states and it does not pose a threat to the stability of Maine-chartered financial institutions.
- Attorney General McCollum Hosts South Florida Community Forum on Housing Issue
MIAMI, FL - March 15, 2010 - (RealEstateRama) -- Attorney General Bill McCollum and the Florida Interagency Mortgage Task Force today hosted a community forum in Miami to discuss the housing crisis. The event was designed to present a comprehensive approach for dealing with housing-related issues and provide information and assistance to consumers. Participating agencies included state agencies, law enforcement and regulatory authorities