Mortgage

Mortgage

Georgia Federal and State Courts Rule in MERS’ Favor

MERSCORP Holdings, Inc. today announced that the United States District Court for the Northern District of Georgia dismissed Dean v. Mortgage Elec. Registration Sys., while the Superior Court of Fulton County granted MERS’ Motion for Summary Judgment...

KAINE CALLS FOR INVESTIGATION, ACTION TO ADDRESS MORTGAGE INDUSTRY HOUSING DISCRIMINATION IN MINORITY COMMUNITIES

U.S. Senator Tim Kaine joined a group of senators in sending a letter to federal housing, finance, and consumer protection regulators calling for an investigation into potential violations of the Fair Housing Act by banks and lenders neglecting the mai...

Cardin Calls for Investigation, Action to Address Mortgage Industry Housing Discrimination in Minority Communities

U.S. Senator Ben Cardin (D-Md.) along with a group of 13 senators have written a letter to federal housing, finance, and consumer protection regulators, calling for an investigation into potential violations of the Fair Housing Act by banks and lender...

COLORADO ATTORNEY GENERAL CYNTHIA H. COFFMAN DELIVERS $450,000 IN RESTITUTION TO HOMEOWNERS OVERCHARGED BY...

Colorado Attorney General Cynthia H. Coffman announced today that her office has sent out checks totaling approximately $450,000 to homeowners who were improperly charged posting and title foreclosure costs by the former foreclosure law firm The Law Of...

Preventing Foreclosures Another Reason to Celebrate National Homeownership Month

While National Homeownership Month in June usually focuses on the many benefits of buying and owning a home, it is also a good time to remind homeowners facing the devastating prospect of foreclosure that help is available in North Carolina.

A.G. Schneiderman Announces Statewide Advertising Campaign To Help New York Homeowners Avoid Foreclosure Rescue...

Campaign Will Promote AGScamHelp.com, A Web-Based App To Educate Consumers On How To Avoid And Report Mortgage Rescue Scams. Schneiderman: Informed Homeowners Are the Most Powerful Tools Against Foreclosure Scams

Governor Kicks Off 100-Day Challenge to Improve Housing for Individuals with Disabilities

Governor McAuliffe today announced the launch of a 100-day challenge to kick off the Commonwealth’s Housing and Supportive Services (HSS) initiative to increase integrated, independent housing options for people with an intellectual or developmental ...

Mann Mortgage Announces Grand Opening of the Las Vegas Branch

Mann Mortgage, a national mortgage banker, announces the grand opening of their Las Vegas branch. This retail branch will serve local consumers and Real Estate Agents in the Las Vegas and Henderson Valley communities with home financing.

SCHUMER: SERVICEMEMBERS FROM UPSTATE NY ARE AT RISK OF ABUSIVE FINANCIAL PRACTICES WHEN DEPLOYED...

The Consumer Financial Protection Bureau Currently Lacks The Authority To Supervise & Enforce Protections For Servicemembers; Feds Have So Far Been Inconsistent In Enforcing Existing Protections. New Schumer Bill, the Military Consumer Protection ...

“Great Choice” Mortgage Loans Ready for Summer Season

With mortgage interest rates rising fast, Tennessee homebuyers may be in for a pleasant surprise. THDA’s Great Choice mortgage program is very competitively priced. “Encouraging homeownership is tremendously important to the state economically, but...

McCaskill Scores Win on Reverse Mortgages

Soon after U.S. Senator Claire McCaskill called on the Department of Housing and Urban Development to halt evictions on 12,000 Americans at risk of being removed from their homes, the agency announced that it would do exactly that, giving lenders a new...

Wells Fargo leads NAHREP’s Inaugural Top 250 Latino Mortgage Originators List

The National Association of Hispanic Real Estate Professionals ® (NAHREP) has released its 2015 report on the Top 250 Latino Mortgage Originators in the United States. Wells Fargo Home Mortgage led the way with the most mortgage originators on the lis...

Sunrun Brings Affordable Home Solar and New Jobs to South Carolina

This year, the company expects to generate at least 50 permanent jobs, ranging from sales consultants to installers to project managers, and plans to open a local office and warehouse facility in Columbia.

California Housing Finance Agency Celebrates Homeownership Month Offers Multiple Programs to Help Buyers Achieve...

June is National Homeownership month, the market is turning around and there are thousands of families who can now take advantage of low interest rates and down payment assistance to make the jump from renting to owning.

City Officials Join BRP Companies, Macedonia Ame Church, Elected Officials And Partners To Celebrate...

New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been and New York City Housing Development Corporation (HDC) President Gary Rodney joined BRP Companies, Macedonia African Methodist Episcopal (AME) Church, and d...

Georgia Real Estate Investor Pleads Guilty to Bid Rigging and Fraud Conspiracies at Public...

A Georgia real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Georgia, the Department of Justice announced

Boston Housing Authority awarded $2 Million from HUD and more than $1 Million from...

In an effort to help low-income residents find higher-paying jobs, the U.S. Department of Housing and Urban Development (HUD) announced a $2 million grant for the next four years to the Boston Housing Authority. BHA competed with 57 other applications...

GOVERNOR APPROVES NEW VHFA DOWN PAYMENT ASSISTANCE PROGRAM

Governor Shumlin signed legislation today that will help Vermonters buying their first home through VHFA by providing up to $5,000 for qualified buyers to cover the costs typically faced at closing due to down payment and closing costs.

TDHCA makes home buying a (virtual) picnic!

This and every month, TDHCA lays out everything in its basket of home buying options for affordable taste buds, from traditional 30-year fixed rate loans and down payment and closing cost assistance, to mortgage credits, and even a combo plate that inc...

First Tennessee Bank N.A. Agrees to Pay $212.5 Million to Resolve False Claims Act...

First Tennessee Bank N.A. has agreed to pay the United States $212.5 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Devel...

Hunt Mortgage Group Opens a New Office in Fort Lauderdale, Florida

Hunt Mortgage Group, a commercial real estate lender, announced today that that it has opened an office in Fort Lauderdale, Florida, located at 110 SE 6th Street on the 17th Floor.

National Homeownership Month Celebrates One of Life’s Most Treasured Assets

New housing starts, despite an up-and down-market in recent months, are at their highest levels since the beginning of the Great Recession in 2008 while interest rates remain near all-time lows. Even better, North Carolina has resources to make home ow...

Attorney General Bondi and CFPB Obtain Final Judgment against Mortgage Relief Scam Companies

Attorney General Pam Bondi and the Consumer Financial Protection Bureau were granted a final judgment against the Hoffman Law Group and corporate affiliates accused of using deceptive marketing practices and scamming distressed homeowners into paying i...

North Hollywood Man Charged with Stealing from Elderly Victims Seeking Mortgage Modifications

A 29-year-old North Hollywood man has been charged with bilking three elderly women out of more than $50,000 while claiming to help them get a mortgage modification, the Los Angeles County District Attorney’s Office announced today

NYDFS Announces Deployment of Mobile Command Center to Brentwood and Central Islip to Deliver...

The New York State Department of Financial Services (DFS) today announced the deployment of the DFS Mobile Command Center to two sites in Suffolk County to provide foreclosure prevention assistance to financially struggling homeowners.

Jersey City Mortgage Broker Sentenced to Eight Years in State Prison for $1.2 Million...

Acting Attorney General John J. Hoffman announced that a mortgage broker from Jersey City was sentenced to state prison today for laundering the proceeds of a criminal scheme in which he conspired to steal more than $1.2 million from lenders by filing ...

Former Short Sale Specialist Convicted of Mortgage and Tax Fraud

An Ashburn, Virginia resident was convicted today by a federal jury on 13 charges related to mortgage fraud, passing fictitious financial instruments, and tax fraud, the Department of Justice announced.

Three Detroit Residents Plead Guilty to Participating in a Home Mortgage Fraud Scheme

Three Detroit, Michigan, area residents pleaded guilty today in U.S. District Court for the Eastern District of Michigan to conspiracy to commit bank fraud, announced Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department’s T...

A.G. Schneiderman Announces Arrest Of Long Island Man For Attempted Residential Mortgage Fraud In...

Attorney General Eric T. Schneiderman today announced the arrest of Fedlaire Aristide, 47, of Freeport, N.Y., for allegedly attempting to defraud Wells Fargo in a short sale scam that would have cost the bank hundreds of thousands of dollars.

Massachusetts Court of Appeals Rules in MERS’ Favor

MERSCORP Holdings, Inc. today announced that the Massachusetts Court of Appeals ruled that MERS is a valid mortgagee that can hold legal title to the mortgage with the right to assign its interest in the mortgage.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families