Mortgage
Home Mortgage
Schuette Informs National Mortgage Settlement Monitor About Concerns with Banks’ Settlement Compliance
LANSING - May 9, 2013 - (RealEstateRama) -- Attorney General Bill Schuette today sent a letter to Joseph A. Smith, Jr. head of the Office of Mortgage Settlement Oversight to alert him to concerns that certain terms of the National Mortgage Settlement a...
Why You Need a Realtor Who Specializes In Seller Representation To Sell Your Home
Las Vegas, NV - May 9, 2013 - (RealEstateRama) -- There are many Realtors out there. Who will do the best job for you? Representing a Seller in a real estate transaction involves much more than negotiating the highest sale price. Did you know that most...
A.G. Schneiderman To Sue Wells Fargo & Bank Of America For Violating National Mortgage...
NEW YORK, NY - May 7, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement. Signed in 2012, the Sett...
Attorney General DeWine Seeks Restitution for Consumers Harmed by Toledo Loan Modification Business
TOLEDO, OH - May 7, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced a lawsuit against N.M.M.S.R. Incorporated, doing business as Making Home Affordable USA, and its owner Jason Keating of Maumee. The lawsuit charges Keating...
Las Vegas Mortgage Agent Sentenced to 15 Months in Prison for Role in Mortgage...
WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- A Las Vegas mortgage agent was sentenced late yesterday to serve 15 months in prison for her participation in a mortgage fraud scheme that netted more than $1.2 million in fraudulent mortgage loans, ...
Attorney General Pam Bondi’s Statement on National Mortgage Settlement Servicing Standards
TALLAHASSEE, FL - May 7, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement regarding the National Mortgage Settlement Servicing Standards
Governor Cuomo Announces New Program to Protect Sandy Victims from Large Spikes in their...
Albany, NY - May 2, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Fannie Mae and Freddie Mac - in response to a request from the Cuomo Administration - are unveiling a new mortgage relief program to protect victims of Superst...
Statement By A.G. Schneiderman On The Nomination Of Mel Watt To Head The Federal...
NEW YORK, NY - May 1, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today applauded President Obama for nominating Mel Watt as the permanent head of Federal Housing and Finance Agency (FHFA), the agency that oversees Fannie Mae and F...
Attorney General Bondi’s Statement on Appropriation of $200 Million of the National Mortgage Settlement...
TALLAHASSEE, FL - May 1, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the passage of Senate Bill 1852 regarding funding from the national mortgage settlement.
Department Enters into Consent Order with Generation Mortgage Company
Atlanta, GA - April 30, 2013 - (RealEstateRama) -- On April 29, 2013, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Generation Mortgage Company, License Number 22292, located at 3565 Piedmont Road NE...
MORTGAGE BROKER PLEADS GUILTY IN TWO SEPARATE FRAUD SCHEMES RESULTING IN LOSSES OF...
Greenbelt, Maryland - April 26, 2013 - (RealEstateRama) -- Emeka Udeze, age 38, of Bowie, Maryland, pleaded guilty today to conspiring to commit wire fraud in connection with two separate mortgage fraud schemes which resulted in over $2,013,478 of actu...
Idaho Supreme Court: MERS Meets Definition of Beneficiary
Reston, Virginia - April 26, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that a five-justice panel of the Idaho Supreme Court unanimously affirmed a lower court decision in favor of Mortgage Electronic Registration Systems, Inc. ...
Cummings Introduces Bill to Create “Independent Monitor” to Oversee Settlement for Illegal Foreclosures and...
Washington, D.C. - April 25, 2013 - (RealEstateRama) -- Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, announced the introduction of H.R. 1706, The Mortgage Settlement Monitoring Act of 2013, t...
Robert Hurt Statement Following Committee Hearing On Housing Finance System
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Congressman Robert Hurt today released the below statement following the Financial Services Committee hearing examining regulatory impediments to private capital investments and a sustainable hous...
CalHFA Awarded Nearly $1.3 Million to Provide Counseling for Struggling Homeowners
SACRAMENTO - April 25, 2013 - (RealEstateRama) -- The California Housing Finance Agency (CalHFA) today announced that it will receive nearly $1.3 million in additional federal dollars to provide free counseling to homeowners struggling to avoid foreclo...
McNerney Introduces the Home Act to Help Homeowners Avoid Forclosure
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Housing Opportunity and Mortgage Equity (HOME) Act of 2013 to help underwater homeowners avoid foreclosure. The HOME Act will help lower hom...
West Virginia Banks Launch 2013 Mortgage Grants Program
Charleston, W.Va. - April 24, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of Pittsburgh (FHLBank) and three West Virginia Banks – CNB Bank Inc., WesBanco Bank and West Union Bank – had some good news today for first-time homebuyers: they ...
Golden State Foreclosure Starts Lowest Since Late 2005
WASHINGTON, D.C. - April 23, 2013 - (RealEstateRama) -- The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter. The unusually sharp drop in the number of mortgage default n...
Can I Short Sale My Home and Buy It Back?
Las Vegas, NV - April 22, 2013 - (RealEstateRama) -- One of the most common questions we're asked is, "Can I stay in my home after the short sale is complete?" Many Realtors and even some Attorneys claim they can sell your home to an investor (i.e. Cas...
OHFA Receives $1.07 Million Grant to Continue Supporting Foreclosure Counseling Across Ohio
COLUMBUS - April 18, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) has been awarded $1,074,039 through the National Foreclosure Mitigation Counseling (NFMC) program to continue supporting the availability of foreclosure counseling a...
Southland Median Home Sale Price Climbs Again; Sales Rise Slightly Yr/Yr
WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- The median price paid for a Southern California home hit a 56-month high in March, rising 23.4 percent from a year earlier as the impact of foreclosures continued to fade and sales of mid- to high...
Ross Earns Award for Support of Pro-Growth Policies
WASHINGTON, DC - April 17, 2013 - (RealEstateRama) -- U.S. Rep. Dennis Ross (FL-15) received the Chamber of Commerce’s “Spirit of Enterprise” award for his support of pro-business issues during the second session of the 112th Congress.
Snyder signs measure to update makeup of Mortgage Industry Advisory Board
LANSING, MI - April 17, 2013 - (RealEstateRama) -- Gov. Rick Snyder today signed a bill that updates existing law to reflect changes in the way the Mortgage Industry Advisory Board is composed.
Centre for Homeownership & Economic Development Offers Mortgage Payment Help for Unemployed Workers
WASHINGTON, D.C. - April 16, 2013 - (RealEstateRama) -- Unemployed workers and others facing temporary financial hardships in our area have a new avenue to seek mortgage help while they get back on their feet.
Sires Wants President to Intervene in Mortgage Relief Backlog
Washington, DC - April 12, 2013 - (RealEstateRama) -- Congressman Sires and twenty eight of his Colleagues in the House of Representatives sent a letter to President Obama, urging him to issue an executive order, directing the U.S. Department of Treasu...
Feds to audit Florida homeowner mortgage assistance program
WASHINGTON, D.C. - April 12, 2013 - (RealEstateRama) -- The federal government today disclosed it was launching an investigation of Florida’s $1 billion Hardest Hit mortgage assistance program, a probe requested by U.S. Sen. Bill Nelson
House Democrats Want President to Intervene in Mortgage Relief Backlog
WASHINGTON, D.C. - April 11, 2013 - (RealEstateRama) -- Rep John Lewis wrote another letter to President Obama, this time signed by 28 other Members of Congress requesting he issue an Executive Order to help release the flow of mortgage relief funds to...
Rep. Cummings, Sen. Warren to OCC and Federal Reserve: Illegal Foreclosures are Not ‘Corporate...
Washington, DC - April 11, 2013 - (RealEstateRama) -- Today, Senator Elizabeth Warren, Member of the Senate Committee on Banking, Housing and Urban Affairs, and Rep. Elijah E. Cummings, as the top Democrat on the House Committee on Oversight and Gove...
Letter Challenges Decision to Withhold Documents from Congress on
Washington, DC - April 11, 2013 - (RealEstateRama) -- Today, Senator Elizabeth Warren, Member of the Senate Committee on Banking, Housing and Urban Affairs, and Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government ...
Cuomo Administration Demands Fannie Mae and Freddie Mac Change Restrictive Guidelines That Could Hit...
Albany, NY - April 9, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that his Administration is demanding that Fannie Mae and Freddie Mac change restrictive guidelines which could hit thousands of Superstorm Sandy victims with larg...
