Mortgage

TWO-THIRDS OF RENTERS INTERESTED IN HOMEOWNERSHIP

ROCKY HILL, CT – June 6, 2013 – (RealEstateRama) — June is National Homeownership Month and while families today face numerous challenges when it comes to obtaining their first home, a recent survey conducted for the Connecticut Housing Finance Authority by The Center for Research & Public Policy (CRPP), found than an estimated TWO-THIRDS of Connecticut renters say they are very or somewhat interested in owning their own home.

Connecticut Homeowners Continue To Benefit from National Mortgage Foreclosure Settlement

WASHINGTON, D.C. – May 21, 2013 – (RealEstateRama) — Attorney General George Jepsen said Connecticut’s distressed homeowners continue to benefit from first-lien principal reductions and other mortgage relief programs resulting from the $25 billion national mortgage foreclosure settlement announced last year

State Officials Announce Upcoming Mortgage Assistance Event

WASHINGTON, D.C. – April 9, 2013 – (RealEstateRama) — Connecticut’s distressed homeowners have another opportunity to explore loan modification and foreclosure prevention options with their lenders at a day-long, state-sponsored forum on Wednesday, April 17, 2013, at the Omni New Haven Hotel in New Haven.

Consumer Complaint Resources Available As Required By Lender Processing Services Inc. Settlement

WASHINGTON, D.C. – March 25, 2013 – (RealEstateRama) — Attorney General George Jepsen is advising consumers that two toll-free numbers are available for questions about faulty mortgage-related documents or field services provided by Lender Processing Services Inc., and its subsidiaries, LPS Default Solutions and DocX.

Former Connecticut Resident Sentenced to 37 Months in Prison for Mortgage Fraud Offenses

WASHINGTON, D.C. – February 22, 2013 – (RealEstateRama) — David B. Fein, United States Attorney for the District of Connecticut, today announced that ERIC S. SCHERZ, 44, of Stuart, Florida, formerly of Barkhamsted, Connecticut, was sentenced yesterday by United States District Judge Vanessa L. Bryant in Hartford to 37 months of imprisonment followed by three years of supervised release for mortgage fraud offenses

Attorney General Says Help to State Homeowners Running Ahead of Earlier Mortgage Relief Estimates

WASHINGTON, D.C. – February 21, 2013 – (RealEstateRama) — Attorney General George Jepsen said Connecticut’s distressed homeowners are on track to receive significantly more mortgage relief from the $25 billion national mortgage foreclosure settlement than anticipated when the settlement was announced last year.

Connecticut Man Sentenced to More Than 15 Years in Federal Prison for Operating Mortgage Fraud Scheme

WASHINGTON, D.C. – February 13, 2013 – (RealEstateRama) — The United States Attorney for the District of Connecticut announced that William A. Trudeau, Jr., 50, Norwalk, was sentenced today by United States District Judge Janet C. Hall in New Haven to 188 months of imprisonment, followed by five years of supervised release, for operating a mortgage fraud scheme in Fairfield County. In addition, Trudeau’s wife, Heather Bliss, 37, was sentenced today to 30 months of imprisonment, followed by three years of supervised release, for her role in the scheme. Bliss was also ordered to pay a fine of $12,500.

Connecticut Resident Charged with Orchestrating Extensive Mortgage Fraud Scheme

NEW HAVEN, CT – February 1, 2013 – (RealEstateRama) — Filippos “Filip” Milios, 54, of Newington, Connecticut, was arrested today on a federal criminal complaint charging him with bank fraud stemming from his alleged involvement in an extensive mortgage fraud scheme in the greater Hartford area, announced U.S Attorney for the District of Connecticut David B. Fein.

Multistate Settlement Agreement Reached Over Mortgage Document Execution Practices

WASHINGTON, D.C. – January 31, 2013 – (RealEstateRama) — Attorney General George Jepsen today announced a $120 million multistate settlement agreement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX, over alleged improper practices for executing mortgage-related documents.

Total Mortgage Enters Strategic Partnership with Keller Williams Led by Lou-Ann Smith

MILFORD, CT – June 5, 2012 – (RealEstateRama) — Total Mortgage Services, LLC, a leading national mortgage lender, announced today it has entered into a marketing services agreement with Keller Williams Realty in Ridgefield and Danbury, Connecticut . To anchor the relationship, Lou-Ann Smith, formerly a principal of mortgage brokerage Hamilton Ladd, has joined Total Mortgage as a Senior Loan Officer

Total Mortgage Services Names Neil Bader to Lead Retail Origination Channel

MILFORD, CT – January 11, 2012 – (RealEstateRama) — Total Mortgage Services, LLC, a leading mortgage lender, announced today the hiring of Neil Bader as the Company’s National Retail Sales Manager. To this important management position, Mr. Bader brings more than 25 years of production, leadership, and entrepreneurship within the mortgage industry. In his new role, Mr. Bader will be responsible for expanding Total Mortgage’s successful retail channel, as it continues its nationwide growth. Mr. Bader will be based in Milford, Connecticut and report directly to John Walsh, President of Total Mortgage.

Total Mortgage Approved with Fannie Mae as a Seller/Servicer

MILFORD, CT – September 13, 2011 – (RealEstateRama) — Total Mortgage Services, LLC, a leading mortgage lender, announced today that it has received approval with Fannie Mae to be a seller/servicer for one-to-four family first lien mortgages and can now retain mortgage servicing rights, expand product offerings as well as sell and pool loans into mortgage backed securities. Total Mortgage has been assigned Fannie Mae Seller Service Number – 27127-000-3.

Second Building Phase at Cranberry Hill Estates Selling Briskly

SHELTON, CT – July 1, 2011 – (RealEstateRama) — A one-of-a-kind mix of classic style, smart energy-efficient features and luxurious amenities have helped propel steady sales at Shelton’s new Cranberry Hill Estates as phase two of construction at the Armstrong Road community continues, reports John Tarducci, Senior Vice President of the New Homes Division at William Raveis Real Estate, Mortgage & Insurance.

Phase 2 Construction Starts at Cranberry Hill Estates

SHELTON, CT – May 17, 2011 – (RealEstateRama) — Early sales success at Shelton’s Cranberry Hill Estates has accelerated the start of Phase 2 construction at the Armstrong Road community, announced John Tarducci, Senior Vice President of the New Homes Division at William Raveis Real Estate, Mortgage & Insurance.

Total Mortgage Services Names Victoria Bextel to Lead National Operations

MILFORD, CT – May 16, 2011 – (RealEstateRama) — Total Mortgage Services, LLC, a leading mortgage lender, announced today the hiring of Victoria Bextel as the Company’s head of national operations for both its retail and wholesale channels. Ms. Bextel brings to this newly-created senior management position over 22 years of operations, underwriting and management experience within the mortgage industry. In her role as Executive Vice President of Operations, Ms. Bextel will be responsible for managing all operations for Total Mortgage’s retail and wholesale channels, from the time the loan application is received until the time the loan is sold to investors. Ms. Bextel will be based in Milford, Connecticut and report directly to John Walsh, President of Total Mortgage.