Mortgage

Mortgage

Interest Rate Assessed for January 1 through December 31, 2008

TRENTON, NJ - December 5, 2007 - The assessed interest rate for the period January 1 - December 31, 2008, is 10.50%. The rate is calculated as follows:...

I’m having a problem with the current mortgage company that is servicing my loan

What can I do? First, it should be noted that there is currently no regulation of the mortgage loan servicing industry in the State of...

New Jersey league joins mortgage-crisis alliance

TRENTON, N.J., Nov. 5 --The New Jersey Credit Union League has joined a public-private alliance designed to both educate and assist the state's homeowners. The...

Borrowers Predicting Mortgage Rates Based on the Fed’s Rate Adjustments May be in for...

Misconceptions about mortgage rates' driving forces can cost borrowers huge sums HOLMDEL, N.J., Nov. 8 /PRNewswire/ -- Each time the Federal Reserve (the Fed) cuts...

Reverse Mortgage for NJ Seniors

The HMFA offers HECM reverse mortgage loans. A HECM loan is an FHA-insured reverse mortgage allowing seniors (62 and over) to access the equity...

House Committee’s Tax Legislation Includes Holt’s Property Tax Relief Provision

Provision Would Benefit Property Owners in New Jersey Who Do Not Itemize on Federal Returns Washington, D.C., November 1, 2007 – Today, Rep. Rush Holt (NJ-12)...

State Agencies, Financial Institutions Announce Partnership, Refinance Program to Address Mortgage Crisis

Foreclosure prevention is goal for New Jersey HOPE alliance TRENTON, NJ - October 31, 2007 - The Commissioners of the New Jersey Departments of Banking and Insurance (DOBI)...

Package of legislation will arm homebuyers with knowledge, information to avoid bad loans

WASHINGTON, October 10, 2007 – Standing at the house of a Newark homeowner whose adjustable rate mortgage has skyrocketed recently, U.S. Senator Robert Menendez (D-NJ)...

APR Often Misleads Borrowers into Costlier Mortgage Loans

Comparison shopping based on APR can lead to an expensive long-term investment HOLMDEL, N.J., Oct. 8 /PRNewswire/ -- Borrowers who shop for mortgages based on...

DOBI announces public forums, education plan to address mortgage lending issues

Focus on consumer education, foreclosure prevention TRENTON, September 26, 2007 – The Department of Banking and Insurance today announced a series of measures designed to address...

14,000 N.J. Borrowers Eligible for Total of $11. 7 Million Restitution

Consumers must mail completed and signed forms to the Settlement Administrator by September 10, 2007. TRENTON – Attorney General Anne Milgram announced - July 12 -...

Chase Family Opportunity Mortgage Helps Families Buy Homes for College Students, Senior Citizens

Iselin, N.J., August 23, 2007 -- Chase, one of the nation's leading residential housing lenders, today announced Chase Family Opportunity Mortgage, to help consumers...

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Menendez Discusses Trump Tax Bill’s Devastating Effects on Homeowners, Housing Market...

U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Finance Committee, today held a conference call with NJ Realtors to explain the many problems with the Republican tax bill and the harmful impact it could have on New Jersey homeowners and the housing market.