Mortgage
Home Mortgage
Department’s Revocation of Mortgage Loan Originator License of Shalonne Freeman Becomes Final
Atlanta, GA - March 15, 2013 - (RealEstateRama) -- On March 13, 2013, the Georgia Department of Banking and Finance’s (“Department’s”) Notice of Intent to Revoke Annual License (“Notice”) issued to Shalonne Freeman, Nationwide Mortgage Lice...
Randolph Woman Sentenced for Mortgage Fraud
BOSTON - March 15, 2013 - (RealEstateRama) -- A Randolph woman was sentenced late yesterday for using a stolen identity to sign fraudulent mortgage loan documents.
CÁRDENAS LEADS DEFENSE OF MORTGAGE INTEREST TAX DEDUCTION
Washington, DC - March 15, 2013 - (RealEstateRama) -- During Wednesday’s hearing of the House Budget Committee, U.S. Rep. Tony Cárdenas (D-San Fernando Valley) introduced an amendment protecting the most important tax deduction for middle class Amer...
Bay Area Home Sales Ease Amid Tight Supply; Median Price Up Again from 2012
La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Bay Area home sales eased back a notch while prices continued their upward off-bottom bounce last month, the result of a slow rebalancing act in a market environment of constrained supply and finicky ...
Waters and Capuano Reintroduce Bill to Strengthen Federal Housing Administration
Washington, DC - March 14, 2013 - (RealEstateRama) -- Today Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, reintroduced the FHA Emergency Fiscal Solvency Act. The legislation, co-sponsored by Representative Mi...
Attorney General Pam Bondi to Meet with National Monitor and Stakeholders on National Mortgage...
TALLAHASSEE, FL - March 14, 2013 - (RealEstateRama) -- Attorney General Pam Bondi will be meeting with the National Mortgage Settlement Monitor, Joseph Smith, and those on the front lines of assisting homeowners with the relief available under the nati...
Myers Team Named Las Vegas Top Short Sale Realtors
Las Vegas, NV - March 13, 2013 - (RealEstateRama) -- How do you choose the right person to short sell your home? Should you hire the company with the most billboards around town, or the person with the most commercials on the radio or TV? Wouldn't it m...
With Nearly One in Four Ohio Homeowners Underwater on their Mortgages, Brown Unveils Plan...
WASHINGTON, D.C. - March 13, 2013 - (RealEstateRama) -- With nearly 25 percent of Ohio homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) unveiled a plan to improve the housing market by addressing “short sale” transactions. S...
Department Enters into Consent Order with Nicholas Justin Yeargin
Atlanta, GA - March 12, 2013 - (RealEstateRama) -- On March 7, 2013, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Nicholas Justin Yeargin, License Number 28863 to resolve allegations pertaining to v...
Wyden Urges AG to Investigate Illegal Fees on Struggling Homeowners
Washington, D.C. - March 11, 2013 - (RealEstateRama) -- U.S. Sen. Ron Wyden today urged the U.S. Attorney General to investigate allegations that a mortgage servicing firm is overcharging struggling homeowners on default and foreclosure fees.
A.G. Schneiderman: Hundreds Of Long Island Homeowners Helped By Our Assistance Programs
MINEOLA - March 6, 2013 - (RealEstateRama) -- At a news conference today in Nassau County, Attorney General Eric T. Schneiderman announced the results of two key programs aimed at providing New Yorkers the assistance they need to keep their homes. He w...
GOVERNOR CUOMO ANNOUNCES REVIEW OF BANKS’ POST SANDY MORTGAGE PRACTICES
New York, NY - March 6, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services is initiating a review of practices by banks and mortgage servicers to determine whether homeowners hit hard by Supe...
Governor Cuomo Announces Review of Banks’ Post Sandy Mortgage Practices
Albany, NY - March 6, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services is initiating a review of practices by banks and mortgage servicers to determine whether homeowners hit hard by Supersto...
ROCKEFELLER, MANCHIN ANNOUNCE FEDERAL FUNDING FOR TWO ORGANIZATIONS IN WV TO PROVIDE AFFORDABLE HOUSING
WASHINGTON, D.C. - March 5, 2013 - (RealEstateRama) -- Senators Jay Rockefeller and Joe Manchin today announced $173,125 in federal funding for two nonprofit organizations in West Virginia to support their efforts to provide affordable housing and hom...
SCHUMER: WITH INITIAL FEMA AND INSURANCE PAYMENTS TO HOMEOWNERS RUNNING OUT, THOUSANDS OF SANDY...
New York, NY - March 4, 2013 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today called on banks to extend the mortgage payment delay period, also known as a forbearance period, for homeowners who are still feeling the effects of Sandy. After S...
Dallas Woman Who Represented Herself as a Real Estate Investor Sentenced to 63 Months...
DALLAS - March 4, 2013 - (RealEstateRama) -- Patience Lavon Jackson, 50, of Arlington, Texas, was sentenced this afternoon by U.S. District Judge Jane J. Boyle to 63 months in federal prison and ordered to pay $2,801,661.95 in restitution, following he...
Governor Cuomo Announces DFS Program for Banks to Meet One-on-One With Homeowners Seeking Sandy...
Albany, NY - February 28, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that five of New York’s largest banks and mortgage servicers will have representatives available to offer one-on-one help to homeowners seeking the release ...
Attorney General DeWine Announces Mortgage Fraud Convictions
AKRON, OH - February 28, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced the convictions of four people who took part in a mortgage fraud scheme in Summit and Stark counties.
BANKS’ GROSS RELIEF TOPS $45 BILLION IN ONGOING NATIONAL MORTGAGE SETTLEMENT
DENVER - February 26, 2013 - (RealEstateRama) -- Attorney General John Suthers today localized the latest report by Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement outlining the consumer relief activities the five banks that are parti...
Florida Court Ruling Affirms MERS’ Role as Mortgagee
Reston, Virginia - February 26, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that Judge John C. Cooper of the State of Florida Circuit Court of the Second Judicial Circuit held “[n]umerous courts have examined, and approved, the...
Bank Executive Sentenced to 30 Months in Prison for Mortgage Fraud Scheme in California
SACRAMENTO, CA - February 26, 2013 - (RealEstateRama) -- U.S. District Judge William B. Shubb sentenced Joel Blanford, 44, of San Ramon, California, to 30 months in prison, to be followed by three years of supervised release, for a mortgage fraud schem...
CONGRESSWOMAN FREDERICA WILSON URGES HOMEOWNERS TO ATTEND FREE “Help For Homeowners” event TO STOP...
Miami, FL - February 26, 2013 - (RealEstateRama) -- Congresswoman Frederica Wilson (FL-24) and the U.S. Department of Treasury are hosting a “Help For Homeowners” event on Wednesday, February 27 and Thursday, February 28 to enable struggling homeow...
Congressman Andrews Announces $1.34 Billion Dollars to New Jersey in Foreclosure Relief So Far
HADDON HEIGHTS, NJ - February 25, 2013 - (RealEstateRama) -- This week Congressman Rob Andrews announced that New Jersey residents have received $1.34 billion dollars in foreclosure relief so far from the largest mortgage abuse settlement in American h...
AG Kilmartin Reports on National Mortgage Settlement Progress
WASHINGTON, D.C. - February 22, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today reported on the progress made by the five mortgage service providers (Ally/GMAC, Bank of America, Citi, JPMorganChase, and Wells Fargo) at the center o...
100,000 Floridians Received Approximately $8.3 Billion in Relief Under National Mortgage Settlement
TALLAHASSEE, FL - February 22, 2013 - (RealEstateRama) -- Attorney General Pam Bondi announced that Floridians have received more than $8.3 billion in relief under the national mortgage settlement, as reported by the five largest mortgage servicing ban...
Former Connecticut Resident Sentenced to 37 Months in Prison for Mortgage Fraud Offenses
WASHINGTON, D.C. - February 22, 2013 - (RealEstateRama) -- David B. Fein, United States Attorney for the District of Connecticut, today announced that ERIC S. SCHERZ, 44, of Stuart, Florida, formerly of Barkhamsted, Connecticut, was sentenced yesterday...
AG Ferguson: National, state mortgage settlement results exceed expectations
OLYMPIA - February 21, 2013 - (RealEstateRama) -- In the year since state Attorneys General and the federal government reached a historic consumer protection settlement with the nation’s five largest banks, the banks report they have provided nearly ...
A.G. Schneiderman Announces $1.8 Billion In Relief For NYS Homeowners From National Mortgage Settlement
NEW YORK, NY - February 21, 2013 - (RealEstateRama) -- Following the release of the second official report on the implementation of the National Mortgage Settlement today, Attorney General Eric T. Schneiderman noted encouraging progress on behalf of Ne...
Georgians Have Received Over $942 Million in Relief from National Mortgage Settlement
WASHINGTON, D.C. - February 21, 2013 - (RealEstateRama) -- Attorney General Sam Olens announced that approximately 18,255 Georgia borrowers received mortgage relief totaling $942,103,278 as a result of the National Mortgage Settlement with the nation
HUD AWARDS $7.3 MILLION TO PROVIDE TRAINING, AFFORDABLE HOUSING CONSULTING FOR NATIVE AMERICANS, ALASKANS...
WASHINGTON, DC - February 21, 2013 - (RealEstateRama) -- The nation’s largest mortgage servicers have distributed $45.83 billion in direct relief to over 550,000 homeowners, or roughly $82,000 per homeowner as part of the National Mortgage Settlement...
