Archives
Fitzpatrick Reverse Mortgage Bill Headed to President’s Desk
WASHINGTON, D.C. - July 31, 2013 - (RealEstateRama) -- Congressman Mike Fitzpatrick (PA-8) released the following statement following the Senate’s passage of his Reverse Mortgage Stabilization Act of 2013
Sherman Fights for Government Guaranteed Mortgages
WASHINGTON, D.C. - July 29, 2013 - (RealEstateRama) -- Congressman Brad Sherman (D-CA) made the following statement after a House Financial Services Committee markup on the Protecting American Taxpayers and Homeowners Act. To watch a video of his full ...
Waters Responds to Committee Passage of Bill to End Affordable 30-Year-Fixed Rate Mortgage
WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- Today, Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee released the following statement in response to committee passage of the inaptly-named “Protecting American ...
Udall Presses VA to Not Penalize Veterans Who Lost Homes in Colorado Wildfires on...
WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- Mark Udall, who serves on the U.S. Senate Armed Services Committee, urged the U.S. Department of Veterans Affairs in a letter today to reimburse financing fees charged for VA-backed home loans to v...
Perlmutter Fights to Maintain Affordable 30-year Fixed Mortgages
WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- Today, House Financial Services Committee Republicans rushed through passing a radical a housing finance plan (PATH ACT) that could force homeowners into risky and exotic mortgages, gut protections...
Lynch Votes Against Bill to End the Affordable 30-Year Mortgage
WASHINGTON, D.C. - July 24, 2013 - (RealEstateRama) -- Today, Congressman Stephen F. Lynch (MA-08) issued the following statement after voting against H.R. 2767, the so-called Protecting American Taxpayers and Homeowners (PATH) Act, a Republican bill t...
Rep. Foster Introduces Amendment To Protect 30-Year Mortgages For Middle Class Families
Washington, D.C. - July 24, 2013 - (RealEstateRama) -- Congressman Bill Foster introduced an amendment to the PATH Act, Republican legislation which would radically remake housing finance policy leading to fewer opportunities for home ownership for mid...
Heck Introduces Mortgage Forgiveness Tax Relief Act to Help Underwater Homeowners
WASHINGTON, DC - July 24, 2013 - (RealEstateRama) -- With Las Vegas and the state of Nevada still struggling to reverse the devastating effects of the housing crisis, Congressman Joe Heck (NV-03) today introduced legislation that would help homeowners ...
Governor Quinn Announces Major Progress Helping Families Stay in Their Homes Through Hardest Hit...
CHICAGO, IL - July 22, 2013 - (RealEstateRama) -- Governor Pat Quinn today was joined by U.S. Department of the Treasury officials to announce the success of his Illinois Hardest Hit Program and urge homeowners to apply for up to $35,000 in mortgage pa...
FROM AN AGENT’S SITE
North Charleston, SC - July 19, 2013 - (RealEstateRama) -- Janet Kuehn of Southern Breezes Real Estate was named one of America's top real estate sales professionals and is now a member of the "REAL Trends/The Wall Street Journal Top Thousand,” a nat...
Schuette Files Charges Against Phony Oakland County Mortgage Banker
WASHINGTON, D.C. - July 19, 2013 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today announced the arrest of Eric Lamarr Drake, 37, of Detroit, for allegedly operating a fraudulent mortgage banking business under false pretenses by prom...
Hagan Co-Sponsors Bipartisan Bill to Modernize and Reform Broken Housing Finance System
Washington, DC - July 16, 2013 - (RealEstateRama) -- U.S. Senator Kay Hagan is introducing bipartisan legislation with eight of her Senate Banking Committee colleagues to modernize and reform the country's broken housing finance system. The Housing Fin...
PHFA announces $19.5 million in tax credits and $81 million in tax exempt financing...
HARRISBURG - July 12, 2013 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency today approved $19.5 million in tax credits for the construction of affordable multifamily housing developments located in suburban and rural areas of...
Las Vegas Agent Convicted in Mortgage Fraud Scheme
WASHINGTON, D.C. - July 12, 2013 - (RealEstateRama) -- A Las Vegas mortgage agent has been convicted for his role in a “cash back at closing” mortgage fraud scheme that netted $1.43 million in fraudulent mortgage loans, announced Acting Assistant A...
Committee Leaders Announce PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance...
Washington, DC - July 11, 2013 - (RealEstateRama) -- Leaders on the Financial Services Committee today announced the PATH Act – the Protecting American Taxpayers and Homeowners Act – to create a sustainable housing finance system. The proposal
Order to Cease and Desist Issued to AGF Properties, LLC Becomes Final
Atlanta, Georgia - July 11, 2013 - (RealEstateRama) -- On July 8, 2013, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to AGF Properties, LLC, located at 1720 Mars Hill Road, #8-290, Acworth, Geo...
DeLauro Reintroduces Legislation to Protect American Homeowners
WASHINGTON, DC - June 27, 2013 - (RealEstateRama) -- Congresswoman Rosa DeLauro (D-CT) reintroduced the Regulation of Mortgage Servicing Act today, a bill that will establish clear, national standards for mortgage lenders and help struggling homeowners...
60,000 delinquent metro Atlanta homeowners can apply for Making Home Affordable
ATLANTA - June 25, 2013 - (RealEstateRama) -- CredAbility this week is kicking off the Georgia piece of a new national push to help hundreds of thousands of homeowners still struggling to avoid foreclosure. The U.S. Treasury Department recently award...
HUD Provides Grant for Housing Counselors
NASHVILLE, TN - June 25, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced last Tuesday they will provide $40 million in additional funding to housing counseling agencies across the country. The HUD grants ...
A.G. & O.C.A. Foreclosure Relief Bill Overwhelmingly Passes NYS Legislature
NEW YORK, NY - June 25, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman announced that the New York State Legislature has passed the "Certificate of Merit" bill (A. 5582/S.4530A), which will help more New York families avoid foreclos...
