Mortgage
Home Mortgage
Latest National Mortgage Settlement report shows progress made, more work to be done
OLYMPIA - June 20, 2013 - (RealEstateRama) - Attorney General Bob Ferguson said the latest report by the national monitor on the progress of five servicers subject to the National Mortgage Settlement shows success, but much work remains.
CRC Comments on New Report from Monitor of Attorney General Mortgage Settlement
WASHINGTON, D.C. - June 20, 2013 - (RealEstateRama) -- Today, in response to the release of a new reportfrom the Monitor of the national mortgage settlement, California Reinvestment Coalition’s Associate Director Kevin Stein released this statement:
AG Kilmartin Comments on National Mortgage Settlement Report on Compliance with Servicing Standards
WASHINGTON, D.C. - June 19, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today reported on the nation's five largest mortgage service providers' compliance with the servicing standards required by the national mortgage settlement.
Senators Heller, Stabenow Introduce Bipartisan Bill to Eliminate Tax that Hits Underwater Homeowners
Washington DC - June 19, 2013 - (RealEstateRama) -- U.S. Senators Dean Heller (R-NV) and Debbie Stabenow (D-MI) today introduced the Mortgage Forgiveness Tax Relief Act to ensure that underwater homeowners, those who owe more on their mortgages than th...
Senators Stabenow, Heller Introduce Bipartisan Bill to Eliminate Tax that Hits Underwater Homeowners
WASHINGTON, D.C. - June 19, 2013 - (RealEstateRama) -- U.S. Senators Debbie Stabenow (D-MI) and Dean Heller (R-NV) today introduced the Mortgage Forgiveness Tax Relief Act to ensure that underwater homeowners, those who owe more on their mortgages than...
Statement From A.G. Schneiderman Regarding The National Mortgage Settlement Monitor’s Finding That Wells Fargo...
NEW YORK, NY - June 19, 2013 - (RealEstateRama) -- National Mortgage Settlement Monitor Joseph A. Smith, Jr. today released a progress report evaluating the compliance of Ally Financial/GMAC, Bank of America, Citi, JP Morgan Chase and Wells Fargo with ...
Attorney General Bondi’s Statement on the National Mortgage Settlement Monitor’s Report
TALLAHASSEE, FL - June 19, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the National Mortgage Settlement Monitor’s Report concerning the Monitor’s review of the banks’ compliance with the settlement’...
Ros-Lehtinen Supports House Bill to Help Seniors in Reverse Mortgage Loan Protection Program
Washington, DC - June 14, 2013 - (RealEstateRama) -- Cong. Ileana Ros-Lehtinen (R-FL) is pleased that the House has passed the Reverse Mortgage Stabilization Act (H.R. 2167) which provides more protections for seniors using the Federal Housing Administ...
AG Tom Horne: Millions of Dollars Being Released to Assist Arizonans Hit by Mortgage...
Phoenix, AZ - June 14, 2013 - (RealEstateRama) -- Attorney General Tom Horne is today announcing in a press conference millions of dollars of resources to assist struggling homeowners made possible from the settlement reached with banks. The funds to ...
Fitzpatrick Helps Seniors Keep Homes Through Retirement
WASHINGTON, D.C. - June 13, 2013 - (RealEstateRama) -- The Reverse Mortgage Stabilization Act of 2013 [HR 2167] – introduced by Congressman Mike Fitzpatrick (PA-8) and Congressman Denny Heck (WA-10) – passed the House Wednesday by a voice vote.
Reverse Mortgage Reform Bill To Be Considered By The U.S. House Tomorrow
WASHINGTON, D.C. - June 12, 2013 - (RealEstateRama) -- A bill sponsored by Congressman Denny Heck (D-WA) to enact commonsense reforms to fix the federal reverse mortgage program will be considered by the U.S. House tomorrow. The bill is co-sponsored by...
Using Eminent Domain to Address Underwater Mortgage Debt
NEW YORK, NY - June 11, 2013 - (RealEstateRama) -- With more than 11 million homes still “underwater,” the mortgage debt overhang caused by the housing bubble remains an impediment to economic growth and a burden on communities across the country. ...
NJBA to Host Financing the Sandy Rebuild Seminar
Hamilton, NJ - June 11, 2013 - (RealEstateRama) -- The New Jersey Builders Association (NJBA), the voice of New Jersey’s building industry, is pleased to announce that it is hosting a seminar entitled “Financing the Sandy Rebuild” on Tuesday, Jun...
WCDA Announces the 2013 Mortgage Lender Award Recipients
The Wyoming Community Development Authority (WCDA) presented awards to 18 mortgage lenders at the Wyoming Mortgage Lenders Association’s Annual Conference in Casper May 16 – 17. The awards went to individual loan originators or mortgage consultants...
Judy Lane Receives Mike Brown Service Award
Casper - June 11, 2013 - (RealEstateRama) -- The Wyoming Community Development Authority (WCDA) is pleased to announce long-time mortgage professional and WCDA Board Member Judy Lane has been presented the Michael (Mike) Brown Service Award by the Wyom...
GOVERNOR PATRICK ANNOUNCES MASSACHUSETTS HOME OWNERSHIP COMPACT
DORCHESTER - June 11, 2013 - (RealEstateRama) -- Governor Deval Patrick today kicked-off Commonwealth Housing Week by announcing a new compact that creates a goal of providing 10,000 mortgage loans to first-time homebuyers over the next five years. The...
MassHousing Announces Loan Closing of $1.9 Million to Preserve Affordable Housing for Seniors in...
BOSTON - June 10, 2013 - (RealEstateRama) -- MassHousing announced a loan closing today of $1.9 million to preserve affordability for senior citizens at the 30-unit St. Mathieu's Apartments in Fall River.
Schuette Announces Michigan Residents to Receive $107.2 Million Through National Mortgage Settlement
LANSING - June 10, 2013 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced checks will go out this week to Michigan borrowers who submitted a valid foreclosure payment claim through the National Mortgage Settlement. Eligible ...
Latta Leads Letter to Regulators on “Rural” Definition
WASHINGTON, D.C. - June 10, 2013 - (RealEstateRama) -- Congressman Bob Latta (R-Bowling Green) led a letter, signed by members from the Ohio delegation, to the Consumer Financial Protection Bureau (CFPB) regarding the definition of "rural" counties as ...
6,000 Idaho Borrowers to Share More Than $9 Million from National Mortgage Settlement
Boise, ID - June 6, 2013 - (RealEstateRama) -- 6,564 Idahoans will receive a check this month for approximately $1,480, Attorney General Lawrence Wasden said. The payments to borrowers are a result of the National Mortgage Settlement negotiated by stat...
Maryland Mortgage Program Offers Special Interest Rate for Homes Purchased in Maryland’s Targeted Areas
CROWNSVILLE, MD - June 6, 2013 - (RealEstateRama) -- The Maryland Department of Housing and Community Development (DHCD) announced yesterday that the Maryland Mortgage Program is offering reduced interest rates in Targeted Areas around the State. The ...
TWO-THIRDS OF RENTERS INTERESTED IN HOMEOWNERSHIP
ROCKY HILL, CT - June 6, 2013 - (RealEstateRama) -- June is National Homeownership Month and while families today face numerous challenges when it comes to obtaining their first home, a recent survey conducted for the Connecticut Housing Finance Author...
AG Gansler Announces More than 10,000 Maryland Borrowers to Receive $1,480 Checks Through National...
Baltimore, MD - June 6, 2013 - (RealEstateRama) -- Attorney General Douglas F. Gansler announced today that more than 10,000 Maryland borrowers who submitted a valid foreclosure payment claim through the National Mortgage Settlement will receive a chec...
TWO ATTORNEYS AMONG FOUR DEFENDANT S INDICTED IN TWO SEPARATE MORTGAGE FRAUD SCHEMES INVOLVING...
CHICAGO, IL - June 5, 2013 - (RealEstateRama) -- Two attorneys are among four defendants who have been indicted in two separate mortgage fraud cases, federal law enforcement officials announced today. In one case, an attorney, a real estate investor, a...
Attorney General Bondi Applauds Governor Scott for Signing Bill Allocating Remaining $200 Million of...
TALLAHASSEE, FL - June 5, 2013 - (RealEstateRama) -- Attorney General Pam Bondi today joined Governor Rick Scott for the signing of Senate Bill 1852, which appropriates the remaining $200 million of Florida’s portion of the national mortgage settleme...
Attorney General Koster announces National Mortgage Settlement payments to Missouri borrowers
Jefferson City, MO - June 5, 2013 - (RealEstateRama) -- Attorney General Chris Koster today announced that Missouri borrowers who submitted a valid foreclosure payment claim through the National Mortgage Settlement will receive a payment this month for...
16,765 Washington State Borrowers Receiving $1,480 Checks through National Mortgage Settlement
OLYMPIA, WA - June 5, 2013 - (RealEstateRama) -- Borrowers who submitted a valid foreclosure payment claim through the National Mortgage Settlement will receive a check this month for approximately $1,480, much higher than the amount of $840 first anno...
More than 2,600 West Virginians to Receive Checks from National Mortgage Settlement
CHARLESTON - June 5, 2013 - (RealEstateRama) -- Many West Virginians who experienced a foreclosure sale between Jan. 1, 2008, and Dec. 31, 2011, may be receiving a check in the mail for approximately $1,480 over the next few weeks from the National Mor...
$30.6 million going to NC homeowners, AG Cooper announces
WASHINGTON, D.C. - June 5, 2013 - (RealEstateRama) -- Raleigh: More than 21,000 North Carolinians will get checks this month totaling $30.6 million as part of a landmark agreement reached last year with the nation’s five largest mortgage servicers, A...
A.G. Schneiderman Sues HSBC For Holding Hundreds Of Struggling Homeowners In Legal Limbo
BUFFALO - June 5, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today filed a lawsuit against HSBC Bank USA and HSBC Mortgage Corporation (USA) for failing to follow state law related to foreclosure actions, putting homeowners at...
