Mortgage
Home Mortgage
AG Jepsen: Banks Face Four New Performance Tests under National Mortgage Settlement
WASHINGTON, D.C. - October 2, 2013 - (RealEstateRama) -- The five mortgage servicers included in the National Mortgage Settlement must better address loan modifications, single points of contact with borrowers and billing statement accuracy under four ...
Attorney General Pam Bondi Announces New Procedures Banks Must Follow to Help Distressed Homeowners...
TALLAHASSEE, FL - October 2, 2013 - (RealEstateRama) -- Attorney General Pam Bondi, along with her colleagues on the National Mortgage Settlement Monitoring Committee, today announced that Bank of America and Wells Fargo have agreed to implement new pr...
PHFA announces foreclosure help for homeowners in Westmoreland County
HARRISBURG - September 30, 2013 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency, in collaboration with the American Society of Certified Housing Executives (ASCHE) and the National Real Estate Training Institute (NREI), today announces a ...
MassHousing Partners with Buy Cities Program to Promote Homeownership in New Bedford and Fall...
BOSTON - September 30, 2013 - (RealEstateRama) -- MassHousing is partnering with the Buy Cities program and six MassHousing-approved lenders to promote affordable homeownership opportunities in New Bedford and Fall River.
Attorney General Conway & Lexington Mayor Jim Gray Announce Funding for Affordable Housing
WASHINGTON, D.C. - September 25, 2013 - (RealEstateRama) -- Attorney General Conway and Lexington Mayor Jim Gray today announced that more than $750,000 will be provided to Lexington initiatives that help displaced families, prevent foreclosures and cr...
Huizenga Talks PATH Act, Consumer Mortgage Choice Act In Financial Services Sunday Video Message
WASHINGTON, D.C. - September 24, 2013 - (RealEstateRama) -- Yesterday, Monetary Policy & Trade Subcommittee Vice Chairman Bill Huizenga (MI-02) delivered the Sunday Video Message and discussed the positive solutions Republicans on the House Financ...
Attorney General Tom Horne Sues Mortgage Services Company Targeting Spanish Speaking Victims
Phoenix, AZ - September 18, 2013 - (RealEstateRama) -- Attorney General Tom Horne has filed a consumer fraud lawsuit against Phoenix-based Making All Homes Affordable, LLC (MAHA), its owner and manager, Albert Figueroa, and one of its salespersons, Ste...
Financial Fitness Workshop Will Help Homeowners and Families Take Control of their Finances
Yonkers, NY - September 18, 2013 - (RealEstateRama) -- Senator Andrea Stewart-Cousins (D/I/WF - 35th District) will co-host a "Financial Fitness Workshop" with the Housing Action Council, Community Housing Innovations and Attorney General Eric Schneide...
Mortgage Fraud Continues to Decline in Georgia
Atlanta, GA - September 17, 2013 - (RealEstateRama) -- According to the latest figures released by the LexisNexis® Mortgage Asset Research Institute (MARI) in their August 2013 report, mortgage fraud in Georgia continues to decline. Georgia remains o...
Governor’s Housing Summit Opens Oct. 7
Nashville, TN - September 13, 2013 - (RealEstateRama) -- Mortgage finance reform is central to stabilization of the housing market. Two perspectives on this issue will be offered in the opening session of the Governor’s Housing Summit October 7.
MERS Wins Dismissal of Macon County, Illinois Recording Case
Reston, Virginia, - September 13, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. announced that the United States District Court for the Central District of Illinois this week accepted the report and recommendation of Magistrate Judge David G. Bern...
Barclays to Pay $36.1 Million for Securitization Role in Subprime Mortgage Meltdown
BOSTON, MA - September 10, 2013 - (RealEstateRama) -- Barclays Bank PLC (Barclays) will pay $36.1 million to settle allegations that it financed, purchased, and securitized residential loans that were presumptively unfair under Massachusetts law, Attor...
Eighth District House Prices Rise, Mortgage Delinquencies Fall in Second Quarter 2013
Second quarter 2013 house prices continued to rise modestly while the number of seriously delinquent mortgages fell across the seven states that comprise the Federal Reserve's Eighth District compared with the same time last year, according to the St. ...
COLORADO ATTORNEY GENERAL ANNOUNCES VICTIMS OF PARAMOUNT MORTGAGE WILL RECEIVE NEARLY $1M IN RESTITUTION
DENVER - September 1, 2013 - (RealEstateRama) -- Colorado Attorney General John Suthers today announced a successful outcome for victims of Paramount Mortgage of Colorado Ltd and owner Jill M. Evans (D.O.B. 09/15/65). In early 2012, the Attorney Genera...
A.G. Schneiderman Breaks Up Syracuse Mortgage Fraud Ring
SYRACUSE - August 29, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the indictment of two attorneys, an appraiser and two others for their roles in a mortgage fraud ring that operated for years and netted more than $1...
MERS Wins Dismissal of Minnesota Counties Recording Case
WASHINGTON, D.C. - August 27, 2013 - (RealEstateRama) -- Reston, Virginia, August 27, 2013— MERSCORP Holdings, Inc. announced that the United States District Court for the District of Minnesota yesterday dismissed a lawsuit filed earlier this year by...
Home Rescue Program Offers up to $30,000 to Homeowners Statewide
Wednesday, August 28th at noon, a new state foreclosure prevention program aimed at helping homeowners struggling to make their payments will be available. The “Home Rescue Program” provides up to a year of monthly mortgage assistance with a maximu...
CalHFA Announces New Efforts to Help Low and Moderate Income, First-Time Homebuyers Purchase Homes
SACRAMENTO - August 27, 2013 - (RealEstateRama) -- The California Housing Finance Agency (CalHFA) announced today a new fixed-rate mortgage program with special opportunities for low and moderate income, first-time homebuyers to receive thousands of do...
Attorney General Bondi’s Office Obtains Temporary Injunction in Mortgage Relief Scam Case
TALLAHASSEE, FL - August 27, 2013 - (RealEstateRama) -- Attorney General Pam Bondi's office has obtained a temporary injunction and asset freeze against two companies that allegedly preyed on Florida homeowners, defrauding them out of thousands of doll...
Washington homeowners received $1.2 billion in consumer relief under National Mortgage Settlement
SEATTLE - August 27, 2013 - (RealEstateRama) -- Attorney General Bob Ferguson announced that the five banks covered under the National Mortgage Settlement have reported providing over $1.2 billion dollars in consumer relief to Washington homeowners. A...
Consumers Should Use Caution When Dealing With Mortgage Payment Companies Like Nationwide Biweekly Administration,...
OLYMPIA - August 27, 2013 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) announced today that it issued a Statement of Charges against Nationwide Biweekly Administration, Inc. (Nationwide), a company that accepts ...
Florida Woman Sentenced for Role in Reverse Mortgage Fraud Scheme
WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- Acting Assistant Attorney General Mythili Raman of the Justice Department’s Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida, and Special Agent in Charge L...
Attorney General DeWine Announces Second Quarter Update on National Mortgage Settlement; Ohioans Received $383...
COLUMBUS, OH - August 22, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine announced that today's release of monitor's data shows more than 10,000 Ohioans have received more than $383 million in consumer relief from the National Mortgage Se...
OHFA Expands Foreclosure Prevention Efforts to Demolish Ohio’s Vacant and Abandoned Properties
COLUMBUS - August 22, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced it has received approval from the U.S. Department of the Treasury to utilize up to $60 million of remaining Hardest Hit Funds (HHF) to assist with s...
TOTAL LOAN RELIEF OFFERED UNDER NATIONAL MORTGAGE SETTLEMENT TOPS $51 BILLION
DENVER - August 22, 2013 - (RealEstateRama) -- Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, issued his final report today regarding the total amount of consumer relief granted by the five banks that are parties to the settlement. ...
Relief for Kentucky Homeowners Tops $63 Million under National Mortgage Settlement
WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- Kentucky Attorney General Jack Conway today announced that the nation's five largest mortgage servicers continue to provide direct relief to homeowners in Kentucky and across the country as part ...
Attorney General: 6,300 Homeowners Helped By National Mortgage Foreclosure Settlement
WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- Attorney General George Jepsen today called the $25 billion mortgage foreclosure settlement with the nation’s five largest mortgage loan servicing companies a “tremendous success” for provi...
Utah Housing Corporation Announces New Lower Payment Mortgage Option
At a time when housing prices have begun to rebound and interest rates have increased from historic lows, Utah Housing Corporation has launched a new mortgage option to assist low to moderate income homebuyers by providing a product not available anywh...
AG Kilmartin Reports on National Mortgage Settlement Progress
WASHINGTON, D.C. - August 22, 2013 - (RealEstateRama) -- The fifth and final progress report made by the five mortgage service providers and attorneys general nationwide under the National Mortgage Settlement ("the Settlement") was released today by At...
Obama Signs Fitzpatrick Reverse Mortgage BILL
WASHINGTON, D.C. - August 12, 2013 - (RealEstateRama) -- Congressman Mike Fitzpatrick (PA-8) joined President Obama in the Oval Office Friday for the signing of Fitzpatrick’s Reverse Mortgage Stabilization Act [HR 2167] into law.
