Tag: FHA
Congressman Edolphus “Ed” Towns, Taconic Investment Partners And Fillmore Real Estate Save 45 Families’...
BROOKLYN, NY - June 11, 2010 - (RealEstateRama) -- Today, Congressman Edolphus "Ed" Towns will be joined by more than 45 grateful low to moderate income families outside of the MeadowWood at Gateway complex who were in danger of losing Federal Housing Administration (FHA) loans to purchase their dream homes --but the much-need mortgage option was saved, thanks to the intervention of Rep.
Eco Friendly Harlem Development Metropolis Approved for FHA-Backed Loans
New York, NY - April 30, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Metropolis, a new development in Harlem, has been approved by the Federal Housing Administration’s mortgage program.
Harlem Condominium Development 2280 FDB Approved for FHA-Backed Loans
New York, NY - February 4, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 2280 Frederick Douglass Boulevard has been approved by the Federal Housing Administration’s mortgage program. The 12-story new construction condominium development in Harlem, will now allow qualified buyers to purchase a new home with a down payment between 5 and 10%.
FHA and Ginnie Mae take action against TopDot Mortgage
WASHINGTON, DC - January 25, 2010 - (RealEstateRama) -- The Federal Housing Administration’s Mortgagee Review Board (MRB) today immediately and permanently withdrew the FHA approval of Premium Capital Funding, LLC, a Jericho, New York-based lender doing business as TopDot Mortgage.
The United States Files Civil Suit To Enjoin Fraud In Government Insured Mortgage Loans
Brooklyn, NY - October 20, 2009 - (RealEstateRama) -- A civil complaint was filed today in federal court in Central Islip against Ideal Mortgage Bankers, Ltd. d/b/a/ Lend America, a mortgage lender located in Melville, Long Island, seeking a court-ordered injunction to prevent the company from making loans insured by the Federal Housing Administration (“FHA”). The complaint also seeks relief against Lend America’s Executive Vice President and Chief Business Strategist, Michael Ashley. The case has been assigned to United States District Judge Joseph F. Bianco.
Banking Department Confirms New York Lenders’ Ability to Participate in Hope for Homeowners Program
New York, NY - May 1, 2009 - (RealEstateRama) — The New York State Banking Department today issued a legal opinion stating that New York lenders are able to participate in the federal Hope for Homeowners program.
Governor Paterson Urges New York Congressional Delegation To Raise Loan Ceiling On FHA-Insured Multifamily...
Albany, NY - April 30, 2009 - (RealEstateRama) — Governor David A. Paterson today sent a letter to the members of the New York State Congressional Delegation, urging them to bolster New York’s affordable housing efforts by supporting an increase in the multifamily mortgage loan limits used by the Federal Housing Administration (FHA) in high-cost areas.
