Archives

CHARLOTTE, NC - June 24, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is pleased to announce that mortgage industry veteran, Richard Lester, is joining the company. Taking on the newly created role of Area Manager for the Carolinas region, Lester will be charged with growing REMN’s presence across both North and South Carolina. Lester will report directly to Greg Janicki, REMN’s Southeast Regional Manager, who joined the company in February.

April 19, 2011 - (RealEstateRama) -- Unemployed workers and others facing temporary financial hardships in our area have a new avenue to seek mortgage help while they get back on their feet.

Greenville, N.C. - March 16, 2011 - (RealEstateRama) -- Congressman G. K. Butterfield will hold a forum on mortgage foreclosure prevention on Tuesday, March 22. "There are tens of thousands of responsible American homeowners holding on to their homes by a thread,” Butterfield said. “And while there is some help available, many people do not know about it. This forum provides the opportunity to learn what you can do to help protect your home and family.”

Washington, D.C. - February 10, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced that the North Carolina Office of the Commissioner of Banks (NCCOB), Mortgage Division, has received a certificate of accreditation for mortgage supervision, certifying that the NCCOB maintains the standards and practices in state mortgage supervision set by the CSBS and AARMR Accreditation Program. North Carolina is the eighth state to receive accreditation for mortgage supervision.

GREENVILLE, NC - December 22, 2010 - (RealEstateRama) -- The United States Attorney Office announced that in federal court yesterday three defendants were sentenced in a mortgage fraud conspiracy. The fourth man involved in the conspiracy, BRIAN KEITH CAUSEY, was sentenced today. Senior United States District Judge Malcolm J. Howard sentenced CAUSEY, 37, of Wilmington, North Carolina to 18 months' imprisonment followed by three years' supervised release

October 19, 2010 - (RealEstateRama) --Please note that the assistance described in this press release will be available statewide in December. If you are not in a pilot county and you have lost your job and are having problems paying your mortgage, the state’s Home Protection Program may be able to help you. Participating local agencies will help determine if you are eligible, help you apply, and can also help you choose the best course of action if you are not eligible.

October 13, 2010 - (RealEstateRama) -- Raleigh: Attorney General Roy Cooper’s Consumer Protection Division is reviewing the top 15 mortgage companies’ foreclosure processes to make sure they are fair and legal as part of an ongoing investigation.

Raleigh, NC - September 28, 2010 - (RealEstateRama) -- Attorney General Roy Cooper’s Consumer Protection Division has launched an investigation into questionable tactics during foreclosures by Ally Financial and its subsidiary, GMAC Mortgage.

Washington, D.C. - August 16, 2010 - (RealEstateRama) -- Just moments before the House adjourned last week, Reps. Brad Miller (D-NC) and Keith Ellison (D-MN),

Raleigh, NC - August 2, 2010 - (RealEstateRama) -- A mortgage lender will pay $4.5 million for its role in a scheme to sign consumers to loans they couldn’t afford on overpriced modular and manufactured homes, Attorney General Roy Cooper announced today.

Washington, D.C. - March 30, 2010 - (RealEstateRama) -- Just moments before the House adjourned last week, Reps. Brad Miller (D-NC) and Keith Ellison (D-MN), both Members of the Financial Services Committee, introduced legislation that will eliminate a conflict of interest that may be preventing large mortgage companies from modifying troubled mortgages voluntarily.

RALEIGH, NC - December 22, 2009 - (RealEstateRama) -- Gov. Bev Perdue announced today that Zenta Mortgage Services will expand its Charlotte presence significantly, creating 1,002 jobs over the next five years and investing $2.19 million.

RALEIGH, NC - October 13, 2009 - (RealEstateRama) -- United States Attorney George E.B. Holding announced that in federal court on October 5, 2009, United States District Judge W. Earl Britt sentenced CINDY TILLEY GREER, 51, of Clarendon, North Carolina, to 36 months’ imprisonment followed by three years of supervised release and on October 6, 2009, STANLEY GARFIELD WILLIAMS, JR., 38, of Bolivia, North Carolina, received 70 months’ imprisonment followed by five years supervised release. Also GREER was imposed a fine of $6,000.

CHARLOTTE, NC - July 1, 2009 - (RealEstateRama) — A federal bill of information and a deferred prosecution agreement relating to Beazer Homes USA, Inc. were filed today in U.S. District Court for the Western District of North Carolina. The criminal charges and accompanying agreement relate to Beazer’s participation in a fraudulent scheme designed to increase Beazer Mortgage’s profit margin and sell Beazer homes, as well as an accounting fraud scheme designed to “smooth earnings.”

Raleigh, NC - June 16, 2009 - (RealEstateRama) - Governor Bev Perdue and the N.C. Office of the Commissioner of Banks (“NCCOB”) today announced that the State Home Foreclosure Prevention Project (“NC Foreclosure Project”) has helped more than 1,000 North Carolina homeowners avoid foreclosure since the program’s inception in November 2008.