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Medford Senior Housing Project Dedicated in Medford Township
MEDFORD TWP., N.J. - October 26, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to celebrate the completion of 36-unit affordable senior apartments. Medford Senior Housing is a housing development located at 8 Jones Road in Medford Township. The HMFA, an affiliate of the Department of Community Affairs, provided the mortgage and tax credit funding for the project.
Attorney General Announces Settlement of Fraud Case with Mortgage Rescue Firms; Principal Defendant Agrees...
TRENTON, NJ - October 20, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that the owner of several New Jersey loan modification companies has agreed to pay the state $805,000 and stay out of the foreclosure rescue business to resolve allegations he defrauded struggling homeowners who sought help in staving off foreclosure.
Attorney General Announces Settlement with Wells Fargo Home Mortgage
TRENTON, NJ - October 6, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that Wells Fargo Home Mortgage has agreed to provide New Jersey consumers with nearly $67 million in loan modifications and pay the state $3.98 million to resolve allegations that companies it acquired – Wachovia Corporation, Golden West and World Savings -- deceptively marketed adjustable rate mortgage loans.
NJ REALTORS® say state programs make homeownership in NJ more affordable than ever
Edison, NJ - August 18, 2010 - (RealEstateRama) -- Record low mortgage rates and an abundance of housing choice have combined to make home buying extremely affordable across the nation.
NJ DOBI Commissioner Extends Processing Deadline to Transition Mortgage Licenses
TRENTON, NJ - August 2, 2010 - (RealEstateRama) -- New Jersey Department of Banking and Insurance (DOBI) Commissioner Tom Considine on July 27, 2010 extended the processing deadline for hundreds of mortgage bankers, brokers, solicitors and other lenders who are transitioning their licenses to comply with the new mortgage licensing law.
New Jersey DOBI Commissioner Alerts Mortgage Consumers
TRENTON, NJ - July 29, 2010 - (RealEstateRama) -- New Jersey Department of Banking and Insurance (DOBI) Commissioner Tom Considine today alerted consumers that he has ordered Hawthorne Capital Corp.
Attorney General Announces Settlement in Mortgage Fraud Case
TRENTON, NJ - June 30, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that a New Jersey loan modification company and its owners have agreed to a judgment of $5,051,253 to settle civil charges they defrauded homeowners who sought help in avoiding mortgage foreclosure.
Kearny Woman Charged in Multi-Million Dollar Scheme to Obtain Mortgage Loans Using False Identities...
TRENTON, NJ - June 16, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor today announced charges against a Kearny woman who allegedly orchestrated a scheme to steal millions of dollars by obtaining mortgage loans using false identities and counterfeit documents.
Payne Votes To Stabilize Housing Market, Protect Taxpayers
Washington, D.C. - June 10, 2010 - (RealEstateRama) -- Today, Congressman Donald M. Payne voted to help families realize the dream of homeownership, save taxpayers money and protect Americans from mortgage fraud by instituting reforms to the Federal Housing Administration (FHA).
Attorney General, DOL Director Announce Settlement in Mortgage Fraud Case; Loan Modification Company, Individuals...
TRENTON, NJ - April 29, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow and Division of Law Director Robert Hanna announced today that a New Jersey loan modification company and its owners have agreed to an $11.45 million judgment to settle civil charges they defrauded homeowners who sought help in staving off mortgage foreclosure.
DCA & HMFA Welcome Manchester to “Live Where You Work” Homebuyer Program
MANCHESTER TWP., N.J. - April 20, 2010 - (RealEstateRama) -- Manchester Township Mayor Michael Fressola today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Town Hall Civic Center, 1 Colonial Drive, to announce that the township is the newest member of the Live Where You Work program.
DCA & HMFA Welcome Voorhees to Live Where You Work Homebuyer Program
VOORHEES, N.J. - March 11, 2010 - (RealEstateRama) -- Voorhees Township Mayor Michael Mignogna today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Community Center at Lions Lake, 101 Dutchtown Road, to announce that the township is the newest member of the Live Where You Work program.
DCA & HMFA Welcome Gloucester City to “Live Where You Work” Homebuyer Program
GLOUCESTER CITY, N.J. - February 19, 2010 - (RealEstateRama) -- Gloucester City Mayor William James today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Community Center, 230 Nicholson Road, to announce that the City is the newest member of the Live Where You Work program.
New Jersey HMFA Extends it First-Time Homebuyers “Prefund” Program
TRENTON, N.J. - February 9, 2010 - (RealEstateRama) -- For first-time homebuyers thinking of buying their first home in New Jersey, the combined incentive and mortgage programs from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and the federal government have never been better.
2009 Survey Shows First-Time Buyers Active in Market
Edison, NJ - December 21, 2009 - (RealEstateRama) -- According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit.
DCA & HMFA Welcome Asbury Park to ‘Live Where You Work’ Homebuyer Program
ASBURY PARK, NJ - December 14, 2009 - (RealEstateRama) -- Asbury Park Mayor Ed Johnson today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at City Hall, One Municipal Plaza, to announce that the City is the newest member of the Live Where You Work program. Asbury Park is the 25th municipality to partner with the HMFA on this workforce housing initiative.
Ewing Couple and Their Real Estate Firm Indicted on Charges They Stole Over $600,000...
TRENTON, NJ - October 23, 2009 - (RealEstateRama) -- Attorney General Anne Milgram announced that a Ewing couple and their real estate firm were indicted on charges they stole more than $600,000 from home sellers in connection with 11 home sales.
New Jersey’s Mortgage Mediation Program Working to Keep Families in Their Homes
TRENTON, NJ - October 9, 2009 - (RealEstateRama) -- More than 2,600 New Jersey homeowners have received counseling assistance through the State's Foreclosure Mediation Program, Governor Jon S. Corzine said today.
DCA & HMFA Welcome Cherry Hill to Live Where You Work Homebuyer Program
CHERRY HILL TWP., N.J. - September 15, 2009 - (RealEstateRama) -- Cherry Hill Township Mayor Bernie Platt today joined New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia at the Township Municipal Building, 820 Mercer Street, to announce that Cherry Hill is the newest member of the Live Where You Work Program.
CEO Surrenders to FBI for $11 Million Mortgage Fraud Scheme
NEWARK, NJ - September 8, 2009 - (RealEstateRama) -- David Findel is best known for his purchase of exclusive seats at a local football stadium. Now, he will be known for another reason. Today, Special Agent In Charge Weysan Dun announced the surrender of Findel, the 44-year-old President and CEO of Worldwide Financial Resources, on a single charge of wire fraud.
