Mortgage
Home Mortgage
Littleton Man Sentenced for Shredding Documents in an Attempt to Obstruct Mortgage Fraud Investigation
DENVER - February 4, 2013 - (RealEstateRama) -- Justin H. Knight, age 36, of Littleton, Colorado, was sentenced last Friday by U.S. District Court Judge Robert E. Blackburn to serve five years’ probation, with the first 12 months in home detention fo...
The Problem With Fannie Mae Short Sales
Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (averag...
Why Are Fannie Mae Short Sale Appraisals So High?
Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (avera...
The Ballen Group Las Vegas Real Estate Team Has JUST SOLD, A Home For...
Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- The property, located on TWIN FEATHERS in The Mesa, A Summerlin Village inside Summerlin West took only 43 days from the day the listing went under contract until the day it closed and recorded. Th...
Florida-based ‘Robo-Signer’ Settles With Texas, 44 Other States Over Improper Mortgage Servicing
AUSTIN - February 1, 2013 - (RealEstateRama) -- Texas Attorney General Greg Abbott today announced that Texas, 44 other states and the District of Columbia have concluded an extended, nationwide investigation into Florida-based Lender Processing Servic...
Four Charged in $15 Million Mortgage Fraud Scheme
CAMDEN, NJ - February 1, 2013 - (RealEstateRama) -- Four individuals from New Jersey were taken into custody today for their alleged roles in a $15 million mortgage fraud scheme on an indictment returned by a federal grand jury on January 30, 2013, U.S...
Proposed settlement in unfair mortgage practices case
HARRISBURG - February 1, 2013 - (RealEstateRama) -- Pennsylvania Attorney General Kathleen G. Kane today announced that her office, along with 45 other Attorneys General and the District of Columbia, have reached a $120 million multi-state settlement w...
State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program
COLUMBUS, OH - February 1, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program an...
Connecticut Resident Charged with Orchestrating Extensive Mortgage Fraud Scheme
NEW HAVEN, CT - February 1, 2013 - (RealEstateRama) -- Filippos “Filip” Milios, 54, of Newington, Connecticut, was arrested today on a federal criminal complaint charging him with bank fraud stemming from his alleged involvement in an extensive mor...
California Department of Insurance announces $20.6 rate reduction for homeowners
SACRAMENTO, CA - February 1, 2013 - (RealEstateRama) -- Insurance Commissioner Dave Jones announced today a 35 percent rate reduction for lender-placed (also called force-placed) homeowner insurance coverage offered by QBE Insurance Corporation. The ra...
Attorney General J.B. Van Hollen and Other Attorneys General Reach a $120 Million Settlement...
MADISON - January 31, 2013 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced today that he and other Attorneys General and the District of Columbia have reached a $120 million multi-state settlement with Lender Processing Services, Inc. ...
Attorney General Pam Bondi, Tampa Mayor Buckhorn and St. Petersburg Mayor Foster Host Press...
TALLAHASSEE, FL - January 31, 2013 - (RealEstateRama) -- On Friday, Feb. 1 at 2 p.m. Attorney General Pam Bondi, Tampa Mayor Buckhorn and St. Petersburg Mayor Foster will host a press event to discuss the national mortgage settlement and the relief tha...
Schuette Announces Civil Settlement with Mortgage Document Processor Over Fraudulent Robo-Signing
LANSING, MI - January 31, 2013 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced that he has reached a $2.5 million civil settlement with Lender Processing Services, Inc., and its now defunct subsidiary DocX, a document proc...
Rep. Cummings, Sen. Warren Launch Joint Investigation of Settlement Ending Independent Foreclosure Review Process
Washington, D.C. - January 31, 2013 - (RealEstateRama) -- Today, Senator Elizabeth Warren (D-MA) and Rep. Elijah E. Cummings (D-MD) sent a letter to Federal Reserve Chairman Ben Bernanke and Comptroller of the Currency Thomas Curry seeking documents re...
Attorney General Pam Bondi and Orlando Mayor Buddy Dyer Host Press Event to Discuss...
TALLAHASSEE, FL - January 31, 2013 - (RealEstateRama) -- On Friday, Feb. 1, at 9 a.m. Attorney General Pam Bondi and Orlando Mayor Buddy Dyer will host a press event to discuss the national mortgage settlement and the relief that is available to Florid...
Multistate Settlement Agreement Reached Over Mortgage Document Execution Practices
WASHINGTON, D.C. - January 31, 2013 - (RealEstateRama) -- Attorney General George Jepsen today announced a $120 million multistate settlement agreement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX, over all...
Attorney General DeWine Announces $120 Million Multi-State Settlement with Lender Processing Services, Inc.
COLUMBUS, OH - January 31, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that he and 45 other Attorneys General have reached a $120 million multi-state settlement with Lender Processing Services, Inc. and its subsidiaries...
New Jersey to Receive $3.1 Million from Multi-State Settlement Resolving Allegations that Processing Firm...
TRENTON - January 31, 2013 - (RealEstateRama) -- Attorney General Jeffrey S. Chiesa announced today that New Jersey will receive $3.1 million as part of a multi-state settlement with Lender Processing Services, a Florida-based company that primarily pr...
Attorney General Koster reminds taxpayers that mortgage relief received in 2012 may be tax...
WASHINGTON, D.C. - January 30, 2013 - (RealEstateRama) -- Attorney General Chris Koster today said that Missourians who received mortgage relief, including principal reduction and short sales, for their primary residence may be able to consider the val...
Federal Jury Finds Mortgage Broker Guilty in $100 Million Fraudulent Loans Scheme
PITTSBURGH - January 30, 2013 - (RealEstateRama) -- After deliberating for three hours, a federal jury of five men and seven women found Lewis Whoolery guilty of wire fraud conspiracy, United States Attorney David J. Hickton announced today.
Attorney General Pam Bondi and Hialeah Mayor Carlos Hernandez Host Press Event to Discuss...
TALLAHASSEE, FL - January 30, 2013 - (RealEstateRama) -- On Wednesday, Jan. 30, at 2:15 p.m. Attorney General Pam Bondi and Hialeah Mayor Carlos Hernandez will host a press event to discuss the national mortgage settlement and the relief that is availa...
Attorney General Pam Bondi and Fort Lauderdale Mayor John P. “Jack” Seiler Host Press...
TALLAHASSEE, FL - January 29, 2013 - (RealEstateRama) -- On Wednesday, Jan. 30, at 12:30 p.m., Attorney General Pam Bondi, Mayor Seiler and the Fort Lauderdale City Commission will host a press event to discuss the national mortgage settlement and the ...
Attorney Pleads Guilty in Mortgage Fraud Scheme
PITTSBURGH - January 29, 2013 - (RealEstateRama) -- An attorney pleaded guilty in federal court to charges of wire fraud, filing false income tax returns, and failing to file income tax returns, United States Attorney David J. Hickton announced today.
Former Bank Vice President Sentenced to 10 Years in Prison for Mortgage Fraud Scheme
WASHINGTON, D.C. - January 29, 2013 - (RealEstateRama) -- A former senior vice president and loan officer at Pierce Commercial Bank was sentenced today in U.S. District Court in Tacoma to 10 years in prison and five years of supervised release for a mo...
Nevada Short Sales | Will Your Attorney Have Time To Answer Your Questions?
Las Vegas, NV - January 29, 2013 - (RealEstateRama) -- The decision regarding who to hire to short sale your home is an important one. You’ll need someone who is aggressive, knowledgeable and able to get the job done; however, you will also want some...
OFIR Shuts Down Bogus Lansing Mortgage Company – Warns Consumers
LANSING WASHINGTON, D.C. - January 25, 2013 - (RealEstateRama) -- The Office of Financial and Insurance Regulation (OFIR) has issued an order for Finlock Financial Group, LLC to immediately cease and desist from conducting unlicensed activities as a mo...
Maloney praises the nomination of Richard Cordray to head the CFPB
WASHINGTON, DC - January 25, 2013 - (RealEstateRama) -- Today, Rep. Carolyn Maloney (D-12-NY) welcomed President Obama’s re-nomination of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB) and issued the following statement
Nine Charged in $10 Million Mortgage Fraud Scheme
NEWARK - January 25, 2013 - (RealEstateRama) -- Nine people involved in a long-running, large-scale mortgage fraud scheme that caused losses of approximately $10 million were charged in two complaints with conspiracy to commit bank fraud, U.S. Attorney...
Ten Charged in Superseding Indictment in Timeshare Mortgage Fraud Scheme
CAMDEN, NJ - January 25, 2013 - (RealEstateRama) -- A federal grand jury for the District of New Jersey, sitting in Camden, has returned a 44-count superseding indictment against six individuals from southern New Jersey and four others for their allege...
Attorney General Pam Bondi to Host Press Event to Discuss $60 Million in Assistance...
TALLAHASSEE, FL - January 24, 2013 - (RealEstateRama) -- On Thursday, Jan. 24, at 11:30 a.m., Attorney General Pam Bondi will host a press event with representatives of housing assistance and legal aid groups to discuss the $60 million of the national ...
