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Author Archives: Brittany Dunn

New Legislation Introduced in Ohio Concerning Foreclosures

In an effort to reduce questionable practices used by banks during the foreclosure process, Representative Dennis Murray, a Sandusky Democrat, has created the Ohio HB 323, a new legislation directly related to the processes in which banks obtain and sell foreclosed properties.

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Activity in Multifamily Sector Improves

Activity in the multifamily sector showed a marked improvement during the third quarter, according to the data released Tuesday by The National Association of Home Builders (NAHB) in its multifamily market index.

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Qualified First-time Homebuyers in Idaho Receive Down Payment Assistance

In addition to the extended tax credit, first-time homebuyers in Idaho have an added incentive to purchase a home. The Idaho Housing and Finance Association (IHFA), a financial services and housing business organization providing funding for affordable housing in Idaho communities, recently introduced a down payment assistance program in conjunction with mortgage loans from IdaMortgage.

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PMSI Opens Office in Montana

In a recent announcement, PrimeSource Mortgage, Inc. (PSMI), a subsidiary of PSM Holdings, Inc., said the company will open a new branch office in Missoula, Montana. This office will be lead by Christina Witt who is an experience mortgage broker with years of business experience in Montana.

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Paladin Announces Acquisition of HomeSaver

In a recent announcement, New York City-based Paladin Strategic Partners (Paladin), an investment management firm, said the company has acquired a controlling interest in HomeSaver Mortgage Management, LLC (HomeSaver), an asset management company, also headquartered in New York City.

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MRG Announces Integration with ISGN

In an announcement made yesterday, MRG Document Technology, a Dallas, Texas based provider of mortgage technologies, has integrated its CompliancePlus data and document process with the Diamond enterprise-wide mortgage loan origination software (LOS) of ISGS, headquartered in Bensalem, Pennsylvania.

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