Extension Of Mortgage Lending Fraud Prosecution Account Five More Years Enhances State’s Ability To...
OLYMPIA, WA - April 26, 2011 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) is pleased to announce the five-year extension of the Mortgage Fraud Prosecution fund with the Governor’s signature earlier this week of HB1191, signing it into Chapter 129, Laws of 2011 62nd Legislature 2011 Regular Session
OLYMPIA, WA - November 5, 2010 - (RealEstateRama) -- The Washington Supreme Court issued a decision today in which justices unanimously agreed with the Washington Attorney General’s Office that the financial privacy provisions of the federal Gramm-Leach-Bliley Act (GLBA) don’t preempt the state Public Records Act. The ruling also clarified that information about individual mortgage borrowers is still protected as intended under federal law due to exemptions set forth under state law.
SEATTLE, WA - October 13, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna announced today that his office has uncovered evidence that suggests foreclosure trustees are ignoring consumer protection laws in Washington, adding a new layer to a stack of problems reported in the mortgage-servicing industry. He sent letters today to 52 trustees outlining his concerns and calling on them to suspend any questionable foreclosures in the state.
SEATTLE, WA - October 13, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna and Scott Jarvis, director of the state Department of Financial Institutions, announced that they have joined attorneys general and banking regulators nationwide in forming a multistate group to investigate whether mortgage servicers have improperly submitted affidavits or other documents related to foreclosure in their states
Attorney General McKenna announces mortgage payment help for Wachovia and World Savings Bank borrowers
OLYMPIA, WA - October 6, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna announced today a settlement with Wells Fargo Bank that provides loan modifications for residents in Washington and seven other states who obtained problematic mortgages from Wachovia Bank and Golden West Corp., which did business as World Savings Bank.
DFI Obtains Preliminary Injunction Against And The Appointment Of Receiver For Chesterfield Mortgage Investors,...
Olympia, WA - September 29, 2010 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) Division of Securities obtained a Preliminary Injunction in King County Superior Court against the Seattle-based Chesterfield Mortgage Investors, Inc. (CMI). A receiver, Mel R. Codd, was appointed for CMI.
Roswell, NM - August 31, 2010 - (RealEstateRama) -- PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH) today announced the opening of a new office in Spokane, WA.
Washington Department Of Financial Institutions Announces Successful Completion Of Mortgage Loan Originator Licensing
OLYMPIA, WA - July 27, 2010 - (RealEstateRama) -- The Department of Financial Institutions (DFI) is pleased to announce the successful implementation of the new mortgage licensing requirements as required by the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (the “S.A.F.E. Act”).
Seattle, WA - April 2, 2010 - (RealEstateRama) -- ROBERT ERNEST BRANDT, 42, a former Kirkland attorney and escrow officer, was convicted in U.S. District Court in Seattle yesterday of conspiracy and four counts of wire fraud.
OLYMPIA, WA - January 25, 2010 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) is pleased to announce a new resource for Washington consumers seeking licensing information on mortgage lenders.
SEATTLE, WA - December 3, 2009 - (RealEstateRama) -- Are you struggling to pay your mortgage because of a subprime loan, a job loss or a one-time financial crisis like an illness or divorce?
OLYMPIA, WA - September 17, 2009 - (RealEstateRama) -- Washington Attorney General Rob McKenna fears a rise in scam victims as struggling homeowners trying to tap legitimate payment relief programs are simultaneously solicited by charlatans.
OLYMPIA, WA - August 24, 2009 - (RealEstateRama) -- Mortgage scammers and others seeking to prey on homeowners had better watch their backs. Attorney General Rob McKenna and Iowa Attorney General Tom Miller are co-chairing a new State-Federal Task Force on Mortgage Enforcement which is an unprecedented partnership to target fraudsters.
SEATTLE, WA - July 21, 2009 - (RealEstateRama) -- Mayor Greg Nickels invites homeowners who may be having trouble paying their mortgages to attend a free workshop where they can get assistance from lenders and counselors to help avoid foreclosure.
WASHINGTON, DC - July 17, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced a commitment to insure a mortgage loan to Coulee Community Hospital in Grand Coulee, Washington to construct a new 25-bed hospital to replace an existing 47-year-old facility and fund renovation of an associated clinic.
OLYMPIA, WA - February 2, 2009 - (RealEstateRama) – Attorney General Rob McKenna joined a group of other attorneys general and state banking regulators in sending a urging federal officials to encourage national banks and federal thrift-servicing operations to modify mortgage loans that are becoming unaffordable for consumers.
Attorney General’s foreclosure rescue fraud and online promotions bills scheduled for public hearings this...
OLYMPIA, WA - January 18, 2009 - (RealEstateRama) – Two bills requested by Attorney General Rob McKenna that would protect Washington consumers are scheduled for public hearings this week.
DFI Advises Homeowners To Verify The Licenses Of Anyone Offering Loan Modification Services Before...
OLYMPIA, WA - December 4, 2008 - (RealEstateRama) – The Washington State Department of Financial Institution’s Consumer Services Division advises homeowners who are delinquent on...
Seattle, WA - October 06, 2008 - (RealEstateRama) — On Monday Attorney General Rob McKenna will announce Washington’s share of a multi-state, multi-billion dollar...
OLYMPIA, WA - September 05, 2008 - (RealEstateRama) — Rising mortgage payments have paved the way for scammers who peruse foreclosure listings. Grasping at...