Mortgage
Home Mortgage
Attorney General Bondi’s Office and Miami-Dade Police Department Stop South Florida Mortgage Fraud Scheme...
TALLAHASSEE, FL - October 26, 2012 - (RealEstateRama) -- Attorney General Pam Bondi and the Miami-Dade Police Department today charged seven people for their alleged involvement in a mortgage fraud scheme totaling nearly $5 million. The individuals all...
LIU STATEMENT ON US ATTORNEY’S MORTGAGE FRAUD LAWSUIT AGAINST BANK OF AMERICA
NEW YORK, NY - October 25, 2012 - (RealEstateRama) -- City Comptroller John C. Liu released the following statement on the $1 billion lawsuit filed by the U.S. Attorney in Manhattan against Bank of America (NYSE:BAC) for fraudulent mortgage practices:
MBA Announces 2013 Commercial Real Estate/Multifamily Finance Board of Governors Leadership and New Members
Chicago, IL - October 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Brian F. Stoffers, CMB, President, CBRE Capital Markets as the new Chair of its Commercial Real Estate/Multifamily Finance Board...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Mortgage applications decreased 12.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Octo...
FHFA House Price Index Up 0.7 Percent in August
Washington, DC - October 24, 2012 - (RealEstateRama) -- U.S. house prices rose 0.7 percent on a seasonally adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported ...
MBA Awards Gary Acosta Investing in Communities Award
CHICAGO, IL - October 23, 2012 - (RealEstateRama) -- Gary Acosta, executive chairman of New Vista Asset Management and co-founder of the National Association of Hispanic Real Estate Professionals (NAHREP), was awarded the Investing in Communities Award...
MBA Honors Joe Reppert With Distinguished Service Award
CHICAGO, IL - October 23, 2012 - (RealEstateRama) -- Joe Reppert, Vice Chairman of CoreLogic, received the Andrew D. Woodward Distinguished Service Award today by the Mortgage Bankers Association (MBA) in recognition of his dedicated and prominent serv...
MORPAC Honors Jamie Korus, CMB, with the Distinguished 2012 Schumacher-Bolduc Award
Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Political Action Committee (MORPAC) today awarded Jamie Korus, CMB, President of Alliance Financial Resources, with the 2012 Schumacher-Bolduc Award at the association’s 99th A...
MBA Announces Members and Leadership of 2013 Residential Board of Governors (RESBOG) and 2013...
Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Chairman of its 2013 Residential Board of Governors (RESBOG) and...
Debra W. Still, CMB, Sworn in as 2013 MBA Chairman
Chicago, IL - October 23, 2012 - (RealEstateRama) -- Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, was sworn in today as the 2013 Chairman of the Mortgage Bankers Association (MBA) at the association’s 99th Annual ...
E. J. Burke Sworn in 2013 MBA Chairman-Elect
Chicago, IL (October 22, 2012) — E. J. Burke, Executive Vice President and Group Head, KeyBank Real Estate Capital and Corporate Banking Services, today was sworn in as Chairman-elect of the Mortgage Bankers Association (MBA) during the association
Bill Cosgrove, CMB, Sworn in 2013 MBA Vice Chairman
Chicago, IL - October 23, 2012 - (RealEstateRama) -- Bill Cosgrove, CMB, President and CEO of Union National Mortgage Co. of Strongsville, OH, was today was sworn in as Vice Chairman of the Mortgage Bankers Association (MBA) during the association’...
MBA Elects 2013 Board of Directors
Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) yesterday elected its Board of Directors for the 2013 membership year at MBA's 99th Annual Convention & Expo in Chicago. The Board of Directors will be ch...
MBA Elects New Officers
Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, as the 2013 Chairman of MBA at the association...
Paper Examines Historical Origins of America’s Mortgage Laws
WASHINGTON, DC - October 23, 2012 - (RealEstateRama) -- Today the Mortgage Bankers Association (MBA) released a paper entitled, “The Historical Origins of America’s Mortgage Laws,” conducted by Andra Ghent, Assistant Professor of Real Estate at A...
Stevens Calls for Federal Housing Policy Coordinator, Greater Transparency from FHFA
Chicago, IL - October 23, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today delivered the following remarks at the association’s 99th Annual Convention and Expo in Chicago, IL.
Former Officers of American Mortgage Specialists Inc. Plead Guilty in North Dakota to Conspiracy...
WASHINGTON, DC - October 22, 2012 - (RealEstateRama) -- Two former officers of Arizona-based residential mortgage loan originator American Mortgage Specialists Inc. (AMS) pleaded guilty today for their roles in a $27 million scheme to defraud North Da...
Gov. Perry Breaks Ground on New Home for Wounded Veteran
WASHINGTON, D.C. - October 18, 2012 - (RealEstateRama) -- Gov. Rick Perry joined Dan Wallrath, founder and president of Operation Finally Home, and Jonestown Mayor Deane Armstrong to break ground on a brand-new, mortgage-free home for U.S. Army Spc. Au...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - October 17, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Octob...
Man Pleads Guilty in Ohio Federal Court to Tax and Mortgage Fraud Conspiracies
WASHINGTON, D.C. - October 15, 2012 - (RealEstateRama) -- Steven R. Hinz pleaded guilty today to tax fraud and mortgage fraud charges in Cleveland federal court, the Justice Department and Internal Revenue Service (IRS) announced. Hinz’s guilty ple...
Attorney General McGraw Darrell McGraw Warns Against Mortgage Settlement Related Scams
Charleston - October 12, 2012 - (RealEstateRama) -- Attorney General Darrell McGraw warns West Virginia borrowers who lost their homes to foreclosure to avoid scammers offering help with the National Mortgage Settlement. McGraw reminds all consumers ne...
MBA files Comment Letter to CFPB on Servicing Standards
WASHINGTON, D.C. - October 11, 2012 - (RealEstateRama) -- On October 9, 2012 the Mortgage Bankers Association (MBA) provided official comments and exhibits on the Consumer Financial Protection Bureau’s (CFPB’s) Proposed Servicing Rules that amend t...
Mother and Son Real Estate Professionals Sentenced to Prison for $8 Million Mortgage Fraud...
October 10, 2012 - (RealEstateRama) -- United States Attorney Laura E. Duffy announced today that Orange County attorney Stephen Kenneth Chrysler was sentenced to serve 37 months in prison for his role in an $8 million mortgage fraud scheme involving 1...
Department of Justice Announces Results of Distressed Homeowner Initiative
LOS ANGELES, CA - October 10, 2012 - (RealEstateRama) -- Today, Attorney General Eric Holder, Housing and Urban Development (HUD) Secretary Shaun Donovan, FBI Associate Deputy Director Kevin L. Perkins, and Federal Trade Commission (FTC) Chairman Jon L...
DFI Charges 40 Companies In Continuing Efforts To Combat Mortgage Foreclosure Rescue Scams
OLYMPIA - October 10, 2012 - (RealEstateRama) -- The Consumer Services Division of the Washington State Department of Financial Institutions (DFI) announced today they have filed 40 Statements of Charges against businesses preying on Washington homeown...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - October 10, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Octob...
MANHATTAN U.S. ATTORNEY FILES MORTGAGE FRAUD LAWSUIT AGAINST WELLS FARGO BANK, N.A. SEEKING HUNDREDS...
WASHINGTON, D.C. - October 10, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, Helen Kanovsky, General Counsel of the U.S. Department of Housing and Urban Development (“HUD”), and David A....
FHFA Releases Strategic Plan for 2013-2017
Washington, DC - October 9, 2012 - (RealEstateRama) -- Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today released an updated strategic plan for FHFA for fiscal years 2013-2017 subtitled, “Preparing a Foundation for a More ...
SARs Regarding Foreclosure Rescue Scams Increase
VIENNA, VA - October 9, 2012 - (RealEstateRama) -- Suspicious activity reports (SARs) regarding foreclosure rescue scams continued to grow in the first half of 2012, even as the total number of SARs indicating mortgage loan fraud (MLF) declined, the Fi...
FTC Cracks Down on Phony Mortgage Relief Schemes
WASHINGTON, D.C. - October 9, 2012 - (RealEstateRama) -- The Federal Trade Commission has filed three separate suits in federal court to halt the allegedly deceptive tactics of three operations that preyed on distressed homeowners by falsely claiming t...
