All USA
Short-term Delinquencies Fall to Pre-Recession Levels, Loans in Foreclosure Tie All-Time Record in Latest...
WASHINGTON, D.C. - February 17, 2011 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 8.22 percent of all loans outstanding as of the end of the fourth quarter of 2010, a decrease of 91 basis points from the third quarter of 2010, and a decrease of 125 basis points from one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 46 basis points to 8.93 percent this quarter from 9.39 percent last quarter.
Housing Affordability Rises to Highest Level in Two Decades
WASHINGTON, D.C. - February 17, 2011 - (RealEstateRama) -- Nationwide housing affordability during the fourth quarter of 2010 rose to its highest level in the 20 years since it has been measured, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released today.The HOI indicated that 73.9 percent of all new and existing homes sold in the fourth quarter of 2010 were affordable to families earning the national median income of $64,400. The record-setting index for the fourth quarter surpassed the previous high of 72.5 percent set during the first quarter of 2009 and marked the eighth consecutive quarter that the index has been above 70 percent. Until 2009, the HOI rarely topped 65 percent and never reached 70 percent.
Pulte Homes Announces Land Purchase in the Waterford Parks Community
DALLAS/FT. WORTH - February 17, 2011 - (RealEstateRama) -- Pulte Homes purchased land for the development of 200 homes in the sought-after Waterford Parks community in the city of Allen. The homebuilder purchased the land from Wynn Jackson Development in late 2010 and plans to begin sales in early spring.
30-Year Fixed-Rate Mortgage Drops to 5 Percent
McLean, VA - February 17, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows a drop in long-term fixed rates this week
Visionaries of Real Estate Gain Recognition through Creative Thinkers Awards
CHICAGO, IL - February 16, 2011 - (RealEstateRama) -- Four real estate visionaries took top honors for creativity and thinking outside the box in the recent Creative Thinkers Awards ceremony, presented by The Counselors of Real Estate’s North/South Carolina Chapter in Charlotte
ICBA Mortgage and Fannie Mae Renew Affinity Agreement That Supports Community Banks
Washington, D.C. - February 16, 2011 - (RealEstateRama) -- ICBA Mortgage, the mortgage-lending subsidiary of the Independent Community Bankers of America (ICBA), today announced the renewal of its alliance agreement with Fannie Mae, which allows ICBA-member community banks to access a package of special benefits that helps them better serve their customers' housing-finance needs
Written Testimony of Chief of Homeownership Preservation Office Phyllis Caldwell
WASHINGTON, D.C. - February 16, 2011 - (RealEstateRama) -- Chairwoman Biggert, Ranking Member Gutierrez and Members of the Subcommittee, thank you for the opportunity to testify today. I appreciate the opportunity to share insights resulting from the Administration’s efforts to mitigate the effects of the most serious housing crisis since the Great Depression.
Multifamily Construction Boosts Housing Starts in January
WASHINGTON, D.C. - February 16, 2011 - (RealEstateRama) -- Nationwide housing starts rose 14.6 percent to a seasonally adjusted annual rate of 596,000 units in January, according to figures released by the U.S. Commerce Department today. The gain was entirely due to a 77.7 percent increase in the multifamily sector, where significant month-to-month swings in activity are not unusual and where new building has been below expectations for the past several months. Meanwhile, single-family housing starts remained virtually flat for the month, with a 1.0 percent decline.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 16, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 7.9 percent compared with the previous week.
Statement from the Campaign for Housing and Community Development Funding on President Obama’s FY12...
WASHINGTON, D.C. - February 16, 2011 - (RealEstateRama) -- Yesterday President Barack Obama released his FY12 budget, which would freeze non-defense discretionary spending for five years in an effort to reduce the budget deficit. While some housing and community development programs are spared the knife, critical HUD programs that provide housing stability, promote economic mobility and job creation, and stabilize communities would be significantly reduced
Fixed-Rate Mortgages Dominant Choice of Refinancing Borrowers
McLean, VA - February 16, 2011 - (RealEstateRama) -- In the fourth quarter of 2010, fixed-rate loans accounted for more than 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) quarterly Product Transition Report released today. Refinancing borrowers overwhelmingly chose fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate.
HUD LAUNCHES “EVIDENCE MATTERS,” A NEW INDEPENDENT QUARTERLY PUBLICATION FOCUSED ON RESEARCH-BASED POLICY
WASHINGTON, DC - February 16, 2011 - (RealEstateRama) -- In an effort to promote a new generation of data-driven and evidence-based policymaking, U.S. Housing and Urban Development Secretary Shaun Donovan today unveiled a new quarterly publication intended to inform housing and community development advocates, state and local policymakers, Congress and researchers on new approaches to issues related to housing and community development. Evidence Matters is an objective, unbiased publication intended to inform the broad housing and community development field on future policy directions based on research and data – in short, the evidence
CB Richard Ellis Group, INC. Announces Definitive Agreements to Acquire Majority of ING Group...
Los Angeles, CA - February 15, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has entered into definitive agreements to acquire the majority of the real estate investment management business of Netherlands-based ING Group N.V. (ING) for approximately $940 million in cash. The acquisitions include substantially all of the ING Real Estate Investment Management (ING REIM) operations in Europe and Asia, as well as Clarion Real Estate Securities (CRES), its U.S.-based global real estate listed securities business. CB Richard Ellis will not acquire ING’s U.S.-based private market real estate investment management company.
House FY11 Budget Bill Slashes and Burns Federal Housing Safety Net
February 15, 2011 - (RealEstateRama) -- The House of Representatives is expected to vote on its FY11 spending bill, H.R. 1, this week. The bill would cause devastating reductions to non-defense discretionary programs and cut more than $5.7 billion from HUD programs compared to the FY10-enacted level of about $43.5 billion. In addition, the bill would make more than $394 million in rescissions from unobligated balances in HUD programs.
Register Today for MBA’s 4th Quarter 2010 National Delinquency Survey (NDS) Conference Call
February 15, 2011 - (RealEstateRama) -- WHAT: Mortgage Bankers Association (MBA) 4th Quarter 2010 National Delinquency Survey (NDS) Media Conference Call. Conducted quarterly since 1972, MBA's National Delinquency Survey covers more than 40 million loans on one-to-four-unit residential properties, representing more than 80 percent of all first-lien residential mortgage loans outstanding in the United States
FHFA Posts Discussion Documents on Mortgage Servicing Compensation Initiative
Washington, DC - February 15, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency on Jan. 18 announced a joint initiative to consider alternatives for a new mortgage servicing compensation structure. As part of that effort, FHFA has established a dedicated web link to post information, including background materials and issues for consideration
FHA TAKES STEPS TO BOLSTER CAPITAL RESERVES
WASHINGTON, DC - February 15, 2011 - (RealEstateRama) -- As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA Commissioner David H. Stevens today announced a new premium structure for FHA-insured mortgage loans increasing its annual mortgage insurance premium (MIP) by a quarter of a percentage point (.25) on all 30- and 15-year loans. The upfront MIP will remain unchanged at 1.0 percent. This premium change was detailed in President Obama’s fiscal year 2012 budget, also released today, and will impact new loans insured by FHA on or after April 18, 2011.
Builder Confidence Unchanged for Fourth Consecutive Month in February
WASHINGTON, D.C. - February 15, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes remained unchanged at 16 for a fourth consecutive month in February, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. "While builders are starting to see more interest among potential home buyers, we are also dealing with a multitude of challenges, including competition from foreclosure properties and inaccurate appraisals of new homes, which are limiting our ability to sell," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. "On top of that, an extremely tight lending environment continues to make it almost impossible to obtain credit for viable new and existing projects, and most do not see that situation improving anytime soon."
Home Buyer Tax Credit Repayment Begins for 2008 Buyers
WASHINGTON, D.C. - February 15, 2011 - (RealEstateRama) -- Most home buyers who claimed the federal tax credit of up to $7,500 for buying their first home in 2008 are required to start repaying the credit in 15 annual installments, beginning with their 2010 tax returns. The credit—some form of which was offered for qualified home purchases in 2008, 2009 and 2010—has different repayment rules depending on when and under what circumstances the home was purchased. As tax season approaches, this may cause confusion among home buyers who received the tax credit.
IDX, Inc. integrates online real estate search onto Portland, Oregon website of Broker Phuong...
EUGENE, OR - February 15, 2011 - (RealEstateRama) -- IDX, Inc. has revolutionized the online real estate solution of Portland, Oregon Broker Phuong Ha of Capital Investment Realty. Ha has enabled IDX Broker software onto his professional website, syncing thousands of Regional Multiple Listing Service (RMLS) property listings into his advanced search functions. The capabilities he now hosts create a dynamic search page for his website, making his listings more visible and accessible via his IDX-enabled online real estate solution.
U.S. National
Single-Family Starts Up in August but Supply-Side Issues Linger
Single-family starts posted a solid gain in August on robust demand and moderating mortgage rates even as builders continue to grapple with challenges related to lot and labor
NJCDC to Hold Great Falls Neighborhood Summit in Paterson This Saturday
On Saturday, September 21, New Jersey Community Development Corporation (NJCDC) will hold its Third Annual Great Falls Neighborhood Summit. It's an exciting time to be in Paterson, and especially to live and/or work in the Great Falls Historic District and the surrounding neighborhood.
NEW YORK STATE LANDMARKS TO BE ILLUMINATED TEAL AND PURPLE TO MARK SUICIDE PREVENTION...
Solemn Recognition Coincides with $5 Million Campaign to Raise Awareness of the Statewide 988 Suicide and Crisis Lifeline. The state Office of Mental Health today announced that bridges and landmarks across New York will be lit in purple and teal tonight, Wednesday, Sept. 18, to mark Suicide Prevention Month.
National Association of Realtors® Honors 2024 Good Neighbor Awards Finalists
The National Association of Realtors® today announced the 10 finalists for its 2024 Good Neighbor Awards, which honor NAR members who make extraordinary differences in their
Finding Affordable Rock Suppliers for Landscaping Projects
The cost of rocks to do a landscape project may be high, but obtaining inexpensive rocks can greatly affect one's budget. Rocks have several uses in landscaping; they may act as walks, borders, or specimens in a garden. Nevertheless, it might often be quite difficult to look for cost-friendly rock suppliers.
Congressman Biggs Introduces KAMALA Act to Protect American Taxpayers Against Funding Housing for Illegal...
Congressman Andy Biggs (R-AZ) introduced the Keeping Aid for Municipalities and Localities Accountable Act, or the KAMALA Act. The KAMALA Act will ensure that the federal government is not bankrolling states and localities that provide illegal aliens with housing assistance.
NLIHC Statement on Senate’s Failure to Approve Bipartisan Tax Package
The U.S. Senate failed to approve a bipartisan tax package, with votes falling largely along party lines. While the tax package would have provided resources to build more affordable housing,
Biden-Harris Administration Announces $117 Million in Grants Available to Advance Recycling Infrastructure and Prevent...
Sept. 16, as part of President Biden’s Investing in America agenda, the U.S. Environmental Protection Agency announced
Tester Secures Nearly $750,000 to Preserve Butte’s Historic District
As part of his continued efforts to ensure communities in Montana have up-to-date infrastructure, U.S. Senator Jon Tester secured $749,862 from the National Park Service in Paul Bruhn Historic
Former Oklahoma City Mayor Mick Cornett Appointed ULI Fellow to Steer Urban Development and...
The Urban Land Institute (ULI) today announced the appointment of Mick Cornett, former mayor of Oklahoma City, as the ULI
Mortgage Credit Availability Increased in August
Mortgage credit availability increased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Kamlager-Dove Convenes Government Agencies, Housing Developers, and Faith Communities to Advance Affordable Housing Development...
On Friday, Congresswoman Sydney Kamlager-Dove (CA-37) hosted a series of roundtables at LA Trade Technical College
HUD Updates Regulations to Lower Housing Costs and Build Safe and Affordable Manufactured Homes
HUD marks 50 years of the Manufactured Home Construction and Safety Standards, while announcing the most extensive updates
Understanding Biophilic Workplace Design and Its Benefits
Biophilic workplace design is a trend covering more and more office buildings in 2024. The concept is the idea of mixing people and nature while in a working environment. It comes with a
EasyKnock: A Midyear Recap
Anyone who’s watched the news knows the U.S. housing market has been a rollercoaster ride for quite some time. According to Forbes Advisor, “The housing market might finally be entering a transitional phase. Nonetheless, experts say the housing market
6 Key Factors to Evaluate When Renovating Your Home
Renovating your home can be one of the most rewarding experiences as a homeowner. Whether you're modernizing an outdated kitchen, adding more living space, or enhancing the
NAHB Opens Registration for 2025 International Builders’ Show in Las Vegas
The National Association of Home Builders (NAHB) officially opened online registration and housing today for the 2025 NAHB International Builders’ Show® (IBS), the largest annual light
Kaptur Announces $4.3 Million in Federal Funding to Boost Clean Energy and Energy Efficiency...
Congresswoman Marcy Kaptur (OH-09), Ranking Member of the House Appropriations Subcommittee on Energy and Water
Parks Group Welcomes Western Solar Plan, Calls for Responsible Development to Protect National Parks...
“We see the dramatic impact of climate change on our national parks every day. That’s why we need a transition to renewable energy that makes sure solar development is sited quickly and where it makes the most sense, minimizing harm to national parks and the communities they support."–Matt Kirby, NPCA's Senior Energy and Landscape Conservation Director
FEMA Grants Won’t Affect Other Federal Benefits
Applying for disaster assistance will not affect other federal benefits you may receive. Those who sustained loss from the severe storms, straight-line winds, tornadoes, landslides and
U.S. States
President Donald J. Trump Approves Emergency Disaster Declaration for Texas
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
FEMA Fire Management Assistance Granted for the Numbers Fire
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
How Much Does It Cost To Start An LLC In Texas?
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
5 Benefits Of Using A Registered Agent In Texas
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas
Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
Rosenberg family home for the holidays – and prepared for future hurricanes
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.
5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.
WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
Charleston South Carolina expected to outpace national real estate market averages through 2025
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
WHAT IS THE EVICTION PROCESS IN CALIFORNIA?
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Top 4 Places to Buy a Second Home in the US
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
Robust U.S economy not a boost for black homeownership
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
Popular
SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
New Home Sales Decline in May
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Port Aransas ready for return of summer tourism
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs: Five Months, Eight Major Awards
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Should I Rent Out my Property on Airbnb?
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service
The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019
Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”
Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”
Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015
“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer
Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound
Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...
Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act