Archives

WASHINGTON, D.C. - January 15, 2012 - (RealEstateRama) -- Three Pierce County women who played important roles in a mortgage fraud scheme that crippled now defunct Pierce Commercial Bank were sentenced yesterday in U.S. District Court in Tacoma, announ...

COLUMBUS, OH - January 15, 2012 - (RealEstateRama) -- In the wake of the settlement deal on wrongful foreclosures reached last week, U.S. Sen. Sherrod Brown (D-OH) today called on Federal Reserve Chairman Ben Bernanke and Comptroller of the Currency Th...

LITTLE ROCK - January 14, 2012 - (RealEstateRama) -- Attorney General Dustin McDaniel today reminded Arkansans who are eligible for one-time payments from the National Mortgage Settlement that Friday, Jan. 18, is the deadline to file claims to receive ...

Edison, NJ - January 10, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a privately held national lending institution, announced today that their conduit platform, d/b/a HomeBridge, is nearing their anticipated launch date of HomeBridge Correspondent for 2013 Q1. Additionally, under the leadership of Bela M. Donine, Managing Director, HomeBridge Correspondent announces their correspondent national sales team that includes the following industry veterans

Richmond, VA - January 10, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest privately held non-bank lenders in the US, continues to expand its South Atlantic presence with a new office in Richmond, VA. Led by Branch Manager Lindy Pond, a nationally recognized renovation lending expert, this new REMN office will provide Central Virginia home buyers, home owners and real estate professionals with the high levels of quality and customer service that REMN is known for nationwide.

BIRMINGHAM, AL - January 08, 2012 - (RealEstateRama) -- Federal prosecutors have charged a Birmingham real estate lawyer with wire fraud in connection with a nearly $1 million mortgage fraud scheme, announced U.S. Attorney Joyce White Vance.

AUGUSTA - January 03, 2012 - (RealEstateRama) -- Attorney General William J. Schneider announced that eligible Maine borrowers who lost their homes due to foreclosure between January 1, 2008 and December 31, 2011 must file a National Mortgage Settlemen...

Washington, DC - July 26, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.67 percent based on loans closed in June. Beginning in March, FHFA is calculating interest rates using unweighted survey data. There was a decrease of 0.11 percent from the previous month. The complete contract rate series can be found at http://www.fhfa.gov/Default.aspx?Page=251.

Edison, NJ - May 24, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is continuing to strengthen its support levels for independent mortgage brokers and bankers by bringing on veteran account executives in the Midwest and Southeast. Larry Fontaine has joined REMN Wholesale in Grand Rapids, MI, while Matthew Barron and Laura Brooks will be operating out of Orlando, FL, and Molena, GA, respectively. Together, the three bring more than 50 years of mortgage industry experience to the REMN Wholesale team

EDISON, NJ - May 3, 2012 - (RealEstateRama) -- REMN Wholesale, a division of Real Estate Mortgage Network, Inc., continues to grow and is actively looking for all-star Account Executives to join their team in the Southeast, Southwest and the state of Texas. While this has been a challenging year for many lenders, REMN Wholesale has continued to see success through a mix of quality products, commitment to its retail partners and its industry-leading reputation for same day turnaround on new files.

ORLANDO, FL - April 5, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is increasing its commitment to the Florida real estate market with the additions of Christopher Wasinger and Brian Poling as Regional Managers. Both veterans of the mortgage industry, Wasinger and Poling will oversee the multiple REMN offices located throughout the state. REMN is one of the largest, privately held mortgage lenders in the US, known nationwide for its commitment to customer service and quality loans in the residential housing market.

Burlington, VT - January 25, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce the opening of their new retail location in Burlington, VT. Located in one of the New England area’s most thriving cities, REMN’s new Burlington office will be staffed by local lending experts who will bring the company’s customer-focused approach to mortgage products to residents and real estate professionals across the New England area.

River Edge, NJ - January 11, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is continuing to bring respected lending industry executives into their growing REMN Wholesale division. With the additions of Anthony Durso and Roger Del Giorno as account executives, REMN Wholesale is continuing to strengthen its commitment to independent brokers and mortgage originators that rely on the company’s unparalleled commitment to quality and customer service.

River Edge, NJ - December 21, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is introducing their customized Wholesale FHA 203(k) Rehabilitation Product to remove the complexity out of the process for independent retail lenders across the country. This new REMN Wholesale product dramatically improves the 203(k) experience for everyone involved by leveraging an in-house REMN team to manage the entire procedure. In challenging times, REMN Wholesale’s 203(k) initiative is just one more way in which the company is helping independent brokers find success.

River Edge, NJ - October 28, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is taking their wholesale division on the road throughout the month of November. Joe Amoroso, REMN’s Director of National Sales, Carl Markman, National Sales Manager, along with other representatives from REMN Wholesale, will be on-site at major industry events nationwide to meet with independent mortgage brokers and share with them how REMN can help grow their business.

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.

Edison, NJ - May 17, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., is pleased to announce the launch of Menlo Park Funding, a new branch opportunity for select independent brokers and bankers. Menlo Park Funding will be the fourth business channel in REMN’s existing wholesale, retail and consumer direct divisions.

SAN DIEGO, CA - April 27, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., continues their west coast expansion with the opening of a new office in San Diego, CA, and the addition of three new team members. Located in the city of Carlsbad, the new office will better help REMN service the needs of southern California’s future and existing home owners, real estate professionals and residential builders.

West Haven, CT - April 13, 2011 - (RealEstateRama) -- ConstructionConfidant.Com is proud to to announce that our popular "Homeowner Defender Service" is now available to serve the needs of the mortgage banking and home insurance agencies accross the country. Our unique and innovative approach helps protect homeowners from home improvement scams, control unforseen costs, and walks your clients through the entire construction process.

McLean, VA - March 17, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®> (PMMS®), which shows the 30-year fixed-rate dropping to 4.76 percent while the 15-year fixed-rate hit its lowest rate at 3.97 percent since December 2010.