Mortgage

Mortgage

Casey, Fattah Highlight Benefits of New Emergency Mortgage Relief Law

PHILADELPHIA, PA - August 18, 2010 - (RealEstateRama) -- Homeowners who have lost their jobs and face foreclosure will benefit from the new $1 billion emergency mortgage relief program scheduled to go into effect by Oct. 1, Senator Bob Casey (D-PA) and Congressman Chaka Fattah (D-PA) announced today.

Loan Officer Charged in Mortgage Fraud Scheme

Pittsburgh, PA - July 27, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, July 27, 2010, that Mark Hipsley of Pittsburgh, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh,

Fattah Secures Mortgage Relief For Unemployed In Financial Reform Legislation

Washington, DC - June 25, 2010 - (RealEstateRama) -- Congressman Chaka Fattah (D-PA) is thanking his colleagues for their diligence in working to ensure the nation’s unemployed are able to remain in their homes.

Bucks County Mortgage Broker Pleads Guilty to Fraud Scheme that Resulted in Foreclosures

PHILADELPHIA, PA - June 21, 2010 - (RealEstateRama) -- Frank J. Dattilo, 64, of Holland, PA, pleaded guilty today to two counts of mail fraud in connection with a scheme to defraud mortgage lenders and enrich himself. Dattilo was the owner and operator of the mortgage brokerage firm Provident Financial Group (“PFG”), which was located in Bensalem, PA.

Financial Fraud Enforcement Task Force Announces Regional Results of “Operation Stolen Dreams” Targeting Mortgage...

PHILADELPHIA, PA - June 17, 2010 - (RealEstateRama) -- Following an announcement today by Attorney General Eric Holder in Washington, D.C., representatives of the Financial Fraud Enforcement Task Force in Philadelphia, including the U.S. Attorney’s Office, Housing and Urban Development,

Fattah’s $3 billion mortgage assistance provision included in financial overhaul bill

WASHINGTON, DC - May 21, 2010 - (RealEstateRama) -- A major $3 billion mortgage relief provision authored by Rep. Chaka Fattah (D., Pa) is included in the Wall Street and Consumer Protections Act approved Thursday by the Senate.

Total Mortgage Continues To Grow Nationally By Entering Pennsylvania

MILFORD, CT - May 10, 2010 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender and broker announced that it received its state of Pennsylvania Mortgage Lender License from the Pennsylvania Department of Banking and can now originate residential mortgage loans throughout Pennsylvania.

FHLBank Pittsburgh Makes $500,000 Grant to Help PHFA Fight Foreclosure

Pittsburgh, PA - April 19, 2010 - (RealEstateRama) -- The Federal Home Loan Bank (FHLBank) of Pittsburgh is contributing $500,000 to the Pennsylvania Housing Finance Agency (PHFA) to assist the Agency in its effort to help at-risk homeowners refinance their first mortgages to more affordable terms to avoid foreclosure.

Fattah Lauds Positive Steps On Mortgages By Lenders

WASHINGTON D.C - March 25, 2010 - (RealEstateRama) -- Congressman Chaka Fattah (D-PA), author of major legislation to provide emergency mortgage assistance to unemployed homeowners who face foreclosure, praised steps by major banks in recent days to aid homeowners with “underwater” and distressed mortgages.

Fattah Asks Sen. Dodd to Add Mortgage Emergency Assistance to Senate Bill

WASHINGTON, D.C. - March 15, 2010 - (RealEstateRama) -- In a letter to Senate Banking Committee Chairman Chris Dodd (D-Conn.), Congressman Chaka Fattah (D-PA) asked that new Senate regulations on the financial services industry include Fattah’s mortgage relief provisions that are contained in H.R. 4173, the Wall Street and Consumer Protection Act of 2009.

Judge Sentences Pittsburgh Man to Five Years of Probation with Home Detention for Participating...

Pittsburgh, PA - February 16, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, February 16, 2010, that Jason Jester, a resident of Pittsburgh, Pennsylvania, has been sentenced in federal court in Pittsburgh to five years of probation, including four months of home detention, on his conviction of wire fraud conspiracy in connection with a mortgage fraud scheme.

Mortgage Attorney Pleads Guilty in Fraud Scheme After Four Days of Trial

Pittsburgh, PA - January 8, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, January 8, 2010, that Robert Danenberg, a resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of Wire Fraud Conspiracy in connection with a mortgage fraud scheme.

Fattah Wins House Approval for Emergency Mortgage Relief Plan

WASHINGTON, D.C. - December 11, 2009 - (RealEstateRama) -- Congressman Chaka Fattah (D-PA)’s $3 billion Homeowners Emergency Mortgage Assistance – already a proven success at blocking foreclosures for unemployed Pennsylvanians – was approved today by the House of Representatives.

Fattah’s Emergency Mortgage Assistance Plan Close To House Passage

WASHINGTON, D.C. - December 9, 2009 - (RealEstateRama) -- A $3 billion emergency mortgage assistance program for unemployed homeowners – authored by Congressman Chaka Fattah (D-PA) and based on a successful Pennsylvania program that Fattah helped create as a young state legislator – is on the verge of passage in the House of Representatives.

Five Indicted in Foreclosure Rescue and Mortgage Fraud Scheme

PHILADELPHIA, PA - December 8, 2009 - (RealEstateRama) -- 15-count indictment was filed today against five defendants charged in a $14.6 million mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans, announced United States Attorney Michael L. Levy, Special Agent-in-Charge of the FBI Janice K. Fedarcyk, and Pennsylvania Secretary of Banking Steven Kaplan.

Attorney General Corbett announces lawsuits against four loan modification businesses accused of deceiving consumers...

HARRISBURG, PA - November 23, 2009 - (RealEstateRama) -- Consumer protection lawsuits were filed today against four loan modification or "mortgage rescue" businesses, along with their officers, who are accused of deceiving Pennsylvania consumers seeking help modifying their mortgage loans.

Pennsylvania Department of Banking Accredited by CSBS and AARMR

Washington, D.C. - November 19, 2009 - (RealEstateRama) -- The Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators announced today that the Pennsylvania Department of Banking has achieved accreditation under the joint CSBS-AARMR Mortgage Supervision Accreditation Program.

Pennsylvania Banking Department Modernizes Mortgage Examination Processes

Washington, DC - October 20, 2009 - (RealEstateRama) -- The American Association of Residential Mortgage Regulators (AARMR) and the Conference of State Bank Supervisors (CSBS) announce another milestone in the modernization of state mortgage supervision as the Pennsylvania Department of Banking notified all licensed mortgage lenders on October 15 that the agency will be using sophisticated computer software to analyze loan level data as part of Pennsylvania's examination program.

Banking Department Helps Set National Standards For State Mortgage Regulation

HARRISBURG, PA - September 11, 2009 - (RealEstateRama) -- Details of a new, national accreditation program for state mortgage regulators will be published in the Pennsylvania Bulletin on September 12, allowing for its adoption by other states.

Governor Rendell Signs Bills To Protect Homeowners From Mortgage Fraud

HARRISBURG, PA - June 29, 2009 - (RealEstateRama) – Governor Edward G. Rendell today signed a pair of bills to combat mortgage fraud by strengthening communication between homeowners and their lenders and encouraging employees at mortgage companies to report illegal activity.

Popular Government & Nonprofit Press Releases

PHA To Use On-line Housing Applications For First Time

Philadelphia, PA - March 2, 2010 - (RealEstateRama) -- The Philadelphia Housing Authority announced today it would begin accepting applications for the Housing Choice Voucher Program on-line, through its Web site, pha.phila.gov.

Recent Government & Nonprofit Press Releases

HUD CHARGES PENNSYLVANIA LANDLORDS WITH DISCRIMINATION AFTER POSTING ONLINE ANTI-FAMILY CLASSIFIED...

The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the owners and operators of two apartment buildings in Altoona, Pennsylvania with violating the Fair Housing Act by posting online classified ads that discriminate against families with children.