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MBA Statement on President Obama’s Housing Announcement
February 2, 2012 Posted by MBA
WASHINGTON, D.C. – February 2, 2012 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement reacting to the housing plan outlined by President Obama in a speech in Virgin…
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FHFA Announces Interested Investors May Pre-Qualify For REO Initiative
February 1, 2012 Posted by FHFA
Washington, DC – February 1, 2012 – (RealEstateRama) — The Federal Housing Finance Agency (FHFA) today announced the first step of a Real-Estate Owned (REO) Initiative targeted to hardest-hit metropolitan areas
announced in August 2011. Investors int…
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CHFA Mortgage Rate hits a historic low of 3.250%
January 31, 2012 Posted by RealEstateRama
ROCKY HILL, CT – January 31, 2012 – (RealEstateRama) — The Connecticut Housing Finance Authority (CHFA) provides below-market rate mortgages to first- time homebuyers in the state. In January, CHFA’s interest rate dropped to a record low of 3.250 pe…
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Two Defendants Indicted for Home Equity Loan Fraud
January 30, 2012 Posted by California RealEstateRama
SACRAMENTO, CA – January 30, 2012 – (RealEstateRama) — United States Attorney Benjamin B. Wagner announced that a federal grand jury returned an indictment yesterday charging two defendants with mail fraud and money laundering in connection with a mor…
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MBA Statement in Response to President’s State of the Union Address
January 26, 2012 Posted by MBA
WASHINGTON, D.C. – January 26, 2012 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement.
Read the full article: MBA Statement in Response to President’s State of the Union Address ...
MBA Announces Appointment of Peter Grace to be Vice President, Strategic Planning and Internal Technology
January 26, 2012 Posted by MBA
WASHINGTON, D.C. – January 26, 2012 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Peter J. Grace to be MBA’s new Vice President of Strategic Planning and Intern…
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President Obama Calls for Greater Measure of Income Equality
January 26, 2012 Posted by NLIHC
WASHINGTON, D.C. – January 26, 2012 – (RealEstateRama) — In the annual State of the Union address last night, President Barack Obama offered his “Blueprint for an America Built to Last,” which centers on reducing the disparities in income and weal…
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HUDSON REALTY CAPITAL FUNDS $4 MILLION BRIDGE LOAN INVOLVING TWO MULTI-FAMILY PROPERTIES IN WASHINGTON, D.C.
January 26, 2012 Posted by Caryl Communications Inc
WASHINGTON, D.C. – January 26, 2012 – (RealEstateRama) — Hudson Realty Capital LLC has funded a $4 million bridge loan involving two multi-family rental properties in Washington, D.C. The borrower utilized the loan proceeds to pay off the properties
Read the full article: HUDSON REALTY CAPITAL FUNDS $4 MILLION BRIDGE LOAN INVOLVING TWO MULTI-FAMILY PROPERTIES IN WASHINGTON, D.C. ...
REAL ESTATE MORTGAGE NETWORK, INC., EXPANDS NEW ENGLAND PRESENCE WITH NEW OFFICE IN BURLINGTON
January 25, 2012 Posted by Real Estate Mortgage Network, Inc.
Burlington, VT – January 25, 2012 – (RealEstateRama) — Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce the opening of their new retail location in Burlington, VT. Located…
Read the full article: REAL ESTATE MORTGAGE NETWORK, INC., EXPANDS NEW ENGLAND PRESENCE WITH NEW OFFICE IN BURLINGTON ...
Mortgage Applications Fall by 5 percent in Latest MBA Weekly Survey
January 25, 2012 Posted by MBA
WASHINGTON, D.C. – January 25, 2012 – (RealEstateRama) — Mortgage applications decreased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Janua…
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