Mortgage
Home Mortgage
Governor Cuomo Announces Proposal to Expand Mortgage Relief for Underwater Homeowners Through Principal Reduction
Albany, NY - December 10, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that his Administration is proposing to expand the mortgage relief options available to struggling ‘underwater’ homeowners, who owe more than the current ...
Las Vegas Homeowners With Fannie Mae Mortgages Eligible For Foreclosure Prevention Assistance
The city of Las Vegas has partnered with Fannie Mae and Financial Guidance Center to offer free mortgage assistance to local homeowners with a Fannie Mae mortgage on Friday, Dec. 6, from 9 a.m. to 7 p.m. and Saturday, Dec. 7, from 9 a.m. to 2 p.m. at t...
Attorney General Pam Bondi’s Statement on the National Mortgage Settlement Monitor’s Second Compliance Report
TALLAHASSEE, Fla. - December 5, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the National Mortgage Settlement Monitor’s Second Compliance Report concerning the Monitor’s review of the five banks’ compl...
Acting Attorney General Announces $6.25 Million Settlement Resolving Consumer Fraud Act Allegations Against PHH...
TRENTON - December 3, 2013 - (RealEstateRama) -- Acting Attorney General John J. Hoffman and Division of Law Director Christopher S. Porrino announced today that the State has entered into a $6.25 million settlement with PHH Mortgage Corporation that r...
Johnston-Lee-Harnett Community Action, Inc. Offers Mortgage Payment Help for Unemployed Workers, Returning Veterans
WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- A program that is helping more than 14,500 North Carolina homeowners keep their homes is available in our area through Johnston-Lee-Harnett Community Action, Inc. The Smithfield counseling agenc...
Maloney Hails FHFA Decision to Retain Current Limits on Fannie Mae and Freddie Mac...
WASHINGTON, D.C. - November 27, 2013 - (RealEstateRama) -- Congresswoman Carolyn B. Maloney, (NY-12), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, commended the Federal Housing Fin...
Former Massachusetts Attorney Convicted of Mortgage Fraud
BOSTON WASHINGTON, D.C. - November 25, 2013 - (RealEstateRama) -- A Pennsylvania man, formerly an attorney practicing in Boston, was convicted of mortgage fraud. Charles R. Sammon, 37, of West Pittston, Penn., pleaded guilty before U.S. District Judge ...
CHRISTIE ADMINISTRATION MARKS GRAND OPENING OF AIRMOUNT WOODS SUPPORTIVE HOUSING IN RAMSEY
RAMSEY, N.J. - November 20, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today highligh...
Governor Cuomo Deploying Mobile Command Center to Central New York to Provide Foreclosure Prevention...
Albany, NY - November 20, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that he is deploying the Department of Financial Services’ (DFS) Mobile Command Center (MCC) to Central New York to help provide foreclosure prevention assi...
Christie Administration Distributes More Than $1 Million In Sandy Homeowner And Renter Assistance Program...
Trenton, NJ - November 19, 2013 - (RealEstateRama) -- The Christie Administration today announced that since its launch last month, more than $1 million in Sandy Homeowner and Renter Assistance funding has been disbursed to residents in the state’s h...
ATTORNEY GENERAL INDICTS FRAUD SCHEME TARGETING DISTRESSED HOMEOWNERS
DENVER - November 18, 2013 - (RealEstateRama) -- The Statewide Grand Jury indicted nine individuals for targeting distressed homeowners as part of a fraudulent short-sale scheme that allowed the defendants to ultimately defraud the banks and lenders wh...
Rep. Maloney Hosts Hosing Finance Policy Roundtable with Queens Real Estate, Mortgage Industries, Housing...
Long Island City, Queens - November 15, 2013 - (RealEstateRama) -- Congresswoman Carolyn Maloney (NY-12), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, hosted a roundtable today at ...
City’s “soft second” mortgage homebuyer assistance initiative passes halfway point milestone
NEW ORLEANS, LA - November 7, 2013 - (RealEstateRama) -- Today, Mayor Mitch Landrieu announced that the City of New Orleans’ $52.3 million “soft second” mortgage homebuyer assistance initiative’ Direct Homebuyer Assistance Program has now issue...
Attorney General Tom Horne Obtains $470,000 Judgment In Consumer Fraud Case
Phoenix, AZ - November 6, 2013 - (RealEstateRama) -- Attorney General Tom Horne is announcing the settlement of a consumer fraud case against Stan Nii-Addo Allotey, Jr., owner of Mortgage Relief Group, d.b.a. Mortgage Assistance Group, for engaging in ...
Needham Bank is a MassHousing Approved Lender
BOSTON - November 5, 2013 - (RealEstateRama) -- MassHousing announced today that Needham Bank is now an approved lender of MassHousing's family of affordable, fixed-rate, home loan products for low- and moderate-income homebuyers.
Northern California Real Estate Investor Pleads Guilty to Bid Rigging at Public Foreclosure Auctions
WASHINGTON, D.C. - November 5, 2013 - (RealEstateRama) -- A Northern California real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, ...
How-To Refinance without Perfect Credit
WASHINGTON, D.C. - November 4, 2013 - (RealEstateRama) -- Are you hoping to refinance, but nervous because your credit is not where it should be? Unlike what you may have heard, it's still possible to refinance your mortgage without great credit. Below...
Department Enters into Consent Order with DeWitt Mortgage Services and Property Management, LLC and...
Atlanta, GA - November 4, 2013 - (RealEstateRama) -- On November 1, 2013, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with DeWitt Mortgage Services and Property Management, LLC (“DeWitt Mortgage”), ...
Fifth Circuit Rules MERS’ Mortgage Assignment Valid
Reston, Virginia - November 1, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today reported that a three-judge panel of the United States Court of Appeals for the Fifth Circuit last month ruled in favor of MERSCORP Holdings, Inc. and its co-defen...
Scottsdale, Arizona Silverleaf and DC Ranch Luxury Foreclosures For Sale
Scottsdale, AZ - October 31, 2013 - (RealEstateRama) -- Scottsdale, Arizona Coldwell Banker Luxury Real Estate has no problem offering 30% below asking price for people considering buying real estate here in Arizona. This is your hard earned money at s...
CBO: PATH Act Reduces Deficit by $5.7 Billion
WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- The non-partisan, independent Congressional Budget Office (CBO) reports the Protecting American Taxpayers and Homeowners Act (PATH Act) that the House Financial Services Committee passed in July...
CUOMO ADMINISTRATION ANNOUNCES PROSPECT MORTGAGE WILL PAY $3 MILLION PENALTY AND PROVIDE REFUNDS TO...
New York, NY - October 24, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo announced today that Prospect Mortgage, LLC has agreed to pay a $3 million penalty and deliver restitution to homeowners after a Department of Financial Services (DFS) exami...
Lessons from Past Mortgage Settlements Should Guide Department of Justice Settlement with JP Morgan...
WASHINGTON, D.C. - October 22, 2013 - (RealEstateRama) -- Amid reports of Department of Justice negotiations of a multi-billion dollar settlement with JP Morgan Chase for securitizing faulty mortgages, 13 California organizations are calling for all fu...
Governor Cuomo Deploys Mobile Command Center to Dutchess County to Assist Homeowners Facing Possible...
Albany, NY - October 16, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that he is deploying the Department of Financial Services (DFS) Mobile Command Center (MCC) to Dutchess County to help provide foreclosure prevention assistanc...
Attorney General Bondi’s Statement on National Mortgage Settlement Monitor’s Interim Report
TALLAHASSEE, Fla. - October 16, 2013 - (RealEstateRama) -- As part of his ongoing efforts to ensure compliance with the National Mortgage Settlement, National Monitor Joseph A. Smith, Jr. today reported a total of $15.35 billion in consumer relief cred...
Gov. Malloy, AG Jepsen and Banking Commissioner Announce Upcoming Mortgage Assistance Event
WASHINGTON, D.C. - October 16, 2013 - (RealEstateRama) -- Connecticut’s distressed homeowners have another opportunity to explore loan modification and foreclosure prevention options with their lenders at a day-long, state-sponsored forum on Tuesday,...
1 YEAR LATER: AG Pruitt’s Oklahoma Mortgage Settlement Spurs Oklahomans’ Recovery
One year after Attorney General Scott Pruitt delivered the first $20,000 check to a Tulsa family, the Oklahoma Mortgage Settlement Fund continues to fulfill its goal of helping Oklahomans recover from harmful banking practices, and keeping families in ...
Georgia Department of Banking and Finance Enters into Consent Order with David Lavar Jacobs
Atlanta, Georgia - October 8, 2013 - (RealEstateRama) -- On October 7, 2013, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with David Lavar Jacobs, NMLS #258503 to resolve allegations pertaining to violat...
Recent Mortgage Developments Validate Homeowner and Housing Counselor Concerns
San Francisco, CA - October 3, 2013 - (RealEstateRama) --Three important developments this week confirmed concerns about mortgage servicing expressed by housing counselors throughout California in a state-wide survey earlier this year. A federal judge ...
AG Kilmartin and Mayor Taveras Host Mortgage Foreclosure Prevention and Loan Modification Workshop
WASHINGTON, D.C. - October 3, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin and Providence Mayor Angel Taveras, in partnership with the Loan Modification Scam Alert campaign, will host a free mortgage foreclosure prevention and loan mo...
