Avoiding Foreclosure Mitigation and Counseling Scams

Glenside, PA - June 25, 2009 - (RealEstateRama) - As the mortgage foreclosure crisis escalates, the scammers have found a lucrative new business: helping people avoid foreclosure, for a price.

PA Banking Department Announces Multi-State Settlement With TBW Mortgage Corporation

HARRISBURG, Pa., - June 22, 2009 - (RealEstateRama) - Secretary of Banking Steve Kaplan announced today that Taylor, Bean & Whitaker Mortgage Corporation, or TBW, will modify loans for struggling homeowners and pay $9 million in fines as part of a settlement with Pennsylvania and 13 state mortgage regulators

Philadelphia Man Sentenced for Mortgage Fraud and Identity Theft

PHILADELPHIA, PA June 16, 2009 - (RealEstateRama) - Mahn Huu Doan, a/k/a "Bruce Doan", 40, of Philadelphia, was sentenced today to 151 months in prison for a massive mortgage fraud and identity theft scheme, announced United States Attorney Michael L. Levy. Doan, a self-described real estate investor, would purchase houses, using false or borrowed identities, using government insured loans which he secured using fraudulent information.

Congressman Sestak Votes for Bipartisan Compromise to Stem Foreclosures

Washington, DC - May 21, 2009 - (RealEstateRama) — Congressman Joe Sestak (PA-07) helped the House pass, by a 367-54 margin, legislation to help Americans stay in their homes and to avoid many of the estimated 8.1 million additional defaults on mortgages predicted over the next four years when potentially 5 million homes could be lost through foreclosure or short sales.

Congressman Sestak Votes for Mortgage Reform and Consumer Protection Measure

WASHINGTON, DC - May 7, 2009 - (RealEstateRama) — Congressman Joe Sestak (PA-07) voted for H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009, which the House passed by a vote of 300 to 114. The measure is aimed at curbing “predatory” lending – a major factor in the nation’s highest home foreclosure rate in 25 years.

Congressman Sestak Meets with Leaders of the Urban League

WASHINGTON, DC - March 25, 2009 - (RealEstateRama) — Congressman Joe Sestak (PA-07) met with Patricia Coulter, President & CEO, and Michael Walker, Senior Advisor, of the Urban League of Philadelphia; Sonya Springer, President of the Urban League’s Young Professionals; and Mamie Fains, of the Urban League Guild. During the meeting the Congressman discussed their mutual concerns regarding financial literacy, housing assistance, and support for small businesses especially in these troubling economic times.

Congressman Sestak Votes for Bipartisan Compromise to Stem Foreclosures

WASHINGTON, D.C. - March 5, 2009 - (RealEstateRama) — To avoid an estimated 8.1 million additional homeowners from defaulting on their mortgages over the next four years—with potentially 5 million homes lost through foreclosure or short sales—Congressman Joe Sestak (PA-07) today voted for H.R. 1106, the Helping Families Save Their Homes Act, which passed by a vote of 234 to 191.

Profiles Mortgage Climate in the District

Media, PA - January 27, 2009 - (RealEstateRama) – A comprehensive solution to the current economic crisis demands immediate efforts to resolve the core of the problem -- the ongoing cycle of increasing foreclosures.

Specter Introduces Foreclosure Prevention Legislation

Washington, D.C. - November 17, 2008 - (RealEstateRama) – U.S. Senator Arlen Specter (R-PA), Ranking Member of the Senate Judiciary Committee, today introduced the...

FREE Online Training Program on Mortgage Foreclosure

Glenside, PA - September 14, 2008 - (RealEstateRama) — The Federal Reserve Bank of Cleveland and NeighborWorks America, Great Lakes District are pleased to...

Attorney General Corbett announces $2.3 million consumer protection judgment in Pittsburgh area real estate...

HARRISBURG, PA - September 11, 2008 - (RealEstateRama) — Attorney General Tom Corbett today announced a court-ordered judgment totaling more than $2.3 million in a consumer...

Congressman Dent rejects bailout and “blank check” for government-sponsored mortgage enterprises

WASHINGTON, D.C., June 12, 2008 (RealEstateRama) - U.S. Rep. Charlie Dent today voted against bail out legislation that would have given Fannie Mae and Freddie...

Attorney General Corbett announces lawsuit against nine individuals involved in $40 million mortgage &...

HARRISBURG - May 23, 2008 - Attorney General Tom Corbett today announced the filing of a consumer protection lawsuit against nine individuals who were...

Fulton Mortgage Company helps families who were defrauded

U.S. Senators Bob Casey (D-PA) and Arlen Specter (R-PA) and Congressman Tim Holden (D-PA) today sent a letter commending Fulton Mortgage Company’s work on...

FHA Loan Limit Increase to Benefit Consumers

Harrisburg, PA – April 8, 2008 – With all of the challenges consumers are facing in today's housing market, there is some good news....

Tips on Refinancing

Harrisburg, PA – February 20, 2008 – The downturn in the housing market has led the Federal Reserve to cut interest rates to their...

Senate Passes Mortgage Reform Package

Harrisburg, March 12, 2008 -- A package of bills to protect future mortgage borrowers was sent to the House of Representatives with overwhelming passage...

PAMB Offers Homeowners Tips to Prepare for Upcoming Tax Season

Harrisburg, PA - January 21, 2008 - With the New Year upon us people are likely gathering their tax documents and scheduling an appointment with their...

Banking Department Taking Steps To Protect Consumers From Mortgage Fraud

Legislative Approval Needed Now to Strengthen PA Lending Laws  HARRISBURG – People shopping for mortgages or refinancing their homes will be better protected from fraud...

Subprime Loan Information for Today’s Consumer

In spite of the negative publicity, there is a lot being done to try and help subprime borrowers including the White House proposal to...

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,

Recent Government & Nonprofit Press Releases

Governor Wolf Outlines How Restore Pennsylvania Will Benefit Municipalities

Building on his commitment to support Pennsylvania’s communities, Governor Tom Wolf spoke at the Pennsylvania Municipal League’s Capitol Conference to outline how Restore Pennsylvania will benefit municipalities and overhaul Pennsylvania’s infrastructure.