Yearly Archives: 2009
Order to Cease & Desist Against Janus Mortgage, Inc. Littleton, CO Becomes Final
Atlanta, GA - June 24, 2009 - (RealEstateRama) — On June 19, 2009 an Order to Cease and Desist issued by the Georgia Department of Banking and Finance to Janus Mortgage, Inc., Littleton, CO became final.
Georgia Department of Banking and Finance Announces Multi-State Settlement with Taylor, Bean & Whitaker...
Atlanta, GE - June 23, 2009 - (RealEstateRama) — The Georgia Department of Banking and Finance (Department) today announced a major agreement with Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding its mortgage lending practices for so-called “nontraditional” loans made in 2006. This agreement will result in a detailed review of TBW’s nontraditional loan exceptions, the adoption of the federal loan modification program to assist struggling homeowners, and the payment of $9 million to assist the states in their oversight of mortgage origination practices
Department of Banking and Finance Enters into Consent Order with One World Mortgage Corporation...
Atlanta, GA - June 4, 2009 - (RealEstateRama) — On May 28, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with One World Mortgage Corporation (“One World”), License Number 14483, located at 3039 Premiere Parkway, Suite 100A, Duluth, Georgia 30097, and its president, Alex J. Campos, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.
Order to Cease & Desist Issued to Raymond, Louis & Fitch, d/b/a RLF Housing...
Atlanta, GE - June 3, 2009 - (RealEstateRama) — On May 10, 2009 an Order to Cease and Desist issued by the Georgia Department of Banking and Finance to Raymond, Louis & Fitch, d/b/a RLF Housing Counseling Community Service, Jacksonville, FL, became final.
HUD Approves $12.7 Million Deal to Renovate 25-Bed Hospital in Washington, Georgia
WASHINGTON, DC - May 29, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced a commitment to insure a mortgage loan to Wills Memorial Hospital in Washington, Georgia to renovate its 25-bed facility. The $12.7 million loan is made possible through the Federal Housing Administration's Section 242 Hospital Mortgage Insurance Program.
Isakson Continues Push to Stimulate Housing Market, Expand Tax Credit for Homebuyers
WASHINGTON, DC - May 21, 2009 - (RealEstateRama) — U.S. Senator Johnny Isakson, R-Ga., today introduced an amendment to the Fiscal Year 2009 Supplemental Appropriations bill that seeks to stimulate the nation’s declining housing market by expanding the current $8,000 homebuyer tax credit to include all individuals who purchase a home in the next year.
Department Enters into a Consent Order with Intelli Mortgage Services, Inc. and its President,...
Atlanta, GA - May 13, 2009 - (RealEstateRama) — On May 5, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Intelli Mortgage Services, Inc. d/b/a gointelli, License Number 16999, located at 4274 Shackelford Rd, Ste A 1, Norcross, Georgia 30093 and its President, Sung Doo (“John”) Chung, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.
Department’s Order to Cease and Desist Against Mortgage Loan Processing Services, Inc. Becomes Final
Atlanta, GA - May 13, 2009 - (RealEstateRama) — On May 4, 2009 an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Mortgage Loan Processing, Inc. of Port Saint Lucie, Florida became final.
Amendment For the State’s Homeless Prevention & Rapid Re-Housing Program
Atlanta, GA - April 27, 2009 - (RealEstateRama) — The Georgia Department of Community Affairs (DCA) requests public comment on the State’s Substantial Amendment to its FFY 2008 Consolidated Plan to include provisions for a new Homelessness Prevention and Rapid Re-Housing Program (HPRP). The Consolidated Plan describes Georgia’s existing housing conditions and how the state, local, private and federal resources will be used to address the identified needs.
HUD Approves $84.7 Million Deal to Construct 65-Bed Hospital in Vidalia, Georgia
First FHA-Insured Hospital Loan in the State of Georgia. WASHINGTON - April 23, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced a commitment to insure a loan to Meadows Regional Medical Center (MRMC) in Vidalia, Georgia to construct a new 65-bed hospital to replace an existing 45-year-old facility. The $84.7 million loan is made possible through the Federal Housing Administration's Section 242 Hospital Mortgage Insurance Program and is the first FHA-insured hospital loan in the state of Georgia.
Melissa Marro to lead CSP in North American Market Operations and Training
April 21, 2009 - (RealEstateRama) — Certified Staging Professionals (CSP) announces Friday, April 17th that well known Southern-based stager, Melissa Marro is to head Operations and Training for North America. This announcement comes just prior to the 2009 CSP Convention where it will officially launch several new training programs and continuing education classes. While some classes will be exclusive to the CSP designation, many will be available to Stagers and Real Estate, or Real Estate related Professionals of any designation or affiliation.
Staging Your Home for a Quick Sale
April 07, 2009 - (RealEstateRama) — Home Staging is the very best proven way to get top dollar for your home as you prepare it for sale. Having your home staged by a Professional Home Stager will aid in selling it faster and for more money! Staging sets the scene throughout the entire house to create immediate buyer interest in your property. This leads to your home selling for the highest possible price in today’s market. Remember, “The way you live in your home, and the way you market and sell your home are two different things.”
New FICO Credit Score for Mortgage Lenders Debuts
BEACON Mortgage Score from Equifax offers unprecedented predictive power to help mortgage lenders and loan servicers make smarter mortgage decisions
Equifax Brings Increased Transparency to the Mortgage-Backed Securities Market
ATLANTA, GA - March 12, 2009 - (RealEstateRama) — In response to demand for increased transparency into the true health of mortgage loans, Equifax Inc. (NYSE: EFX has launched a breakthrough data solution for the mortgage-backed securities market.
IHG Announces Opening of $12 Million Staybridge Suites Hotel
Atlanta, GA - March 10, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms announced today that a new 118-room Staybridge Suites near the Milwaukee airport has opened, bringing approximately 25 new jobs to the community.