loans
Foreclosures Continue to Decrease, Delinquencies Flat
The delinquency rate for mortgage loans on one-to-four-unit residential properties remained unchanged from the previous quarter at a seasonally adjusted rate of 4.77 percent of all loans outstanding at the end of the first quarter of 2016. This was the lowest level since the third quarter of 2006. The delinquency rate was 77 basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
HARP Enhancements Continue to Bolster Program
Washington, D.C. - November 29, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today released its September Refinance Report, which shows that Fannie Mae and Freddie Mac loans refinanced through the Home Affordable Refinance Program (HARP) accounted for nearly one-quarter of all refinances in the third quarter of 2012. More than 90,000 homeowners refinanced their mortgage in September through HARP with more than 709,000 loans refinanced since the beginning of this year. The continued high volume of HARP refinances is attributed to record-low mortgage rates and program enhancements announced last year.
Haslam Announces SBA Disaster Declaration After Aug. 5 Storms
NASHVILLE - August 21, 2012 - (RealEstateRama) -- Tennessee Gov. Bill Haslam announced today the U.S. Small Business Administration (SBA) has granted his disaster declaration request for Washington and its surrounding counties after severe storms and f...
REAL ESTATE MORTGAGE NETWORK, INC., EXPANDS IN THE ATLANTA AREA WITH THE ADDITION OF...
ATLANTA, GA - March 22, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce a new addition to their Atlanta area team in Duluth, GA. Effective immed...
REAL ESTATE MORTGAGE NETWORK, INC., TO SPONSOR ATLANTA’S FANNIE MAE AND FREDDIE MAC INDUSTRY...
ATLANTA, GA - October 21, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce their sponsorship of the upcoming Fannie Mae and Freddie Mac Industry Day, taking place in Atlanta on October 24, 2011. Presented by American Real Estate University and Southern REO, Industry Day is an event held to help real estate professionals understand the critical resources available and better ways of working with both Fannie Mae and Freddie Mac. Representatives from REMN will be on site throughout the conference, in addition to giving key-note presentations on unique programs the company has launched to better leverage the challenging state of the current housing market.
REAL ESTATE MORTGAGE NETWORK, INC., HIRES ANGIE GORA AND TODD GREAK AS GEORGIA STATE...
ATLANTA, GA - September 9, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is pleased to announce the hiring of two new Georgia State Managers to help the company continue its growth throughout the region. Angie Gora and Todd G...