Rhode Island State Sen. Christopher B. Maselli, a North Providence, R.I. real estate attorney and state senator from Johnston, R.I. has filed notice with the U.S. District Court in Providence that he intends to plead guilty to eight counts of bank fraud, as charged by the government. An information filed by the government last week alleges that Maselli falsified bank and federal tax documents and lied about his income and assets in obtaining more than 1.7 million dollars in mortgages. There is no plea agreement between Mr.Click to continue
Bank of America announced that it will activate its disaster relief program in Rhode Island and seven Massachusetts counties (Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk and Worcester), all designated disaster areas by the Federal Emergency Management Agency (FEMA). The Bank of America Charitable Foundation also announced it will donate $50,000 to the American Red Cross Disaster Relief Fund to support relief efforts in Rhode Island, which has been impacted by the worst flooding the state has seen in 100 years.Click to continue
Embrace Home Loans, a direct lender for Fannie Mae and Freddie Mac, approved by the Federal Housing Administration (FHA) and U.S. Department of Veterans Affairs (VA), and an issuer for Ginnie Mae, has announced it is expanding to accommodate current and future growth. The company is moving its Internet origination division, which is comprised of 50 employees, to an 18,000-sq. ft. building located in Providence, R.I.Click to continue
Washington Trust, one of Rhode Island’s largest independent banks, has announced the opening of a new mortgage lending office in Sharon, Mass. This is the bank’s first residential lending office in Massachusetts; Washington Trust currently offers wealth management services through Weston Financial Group, located in Wellesley, Mass. The Bank has 13 retail branch offices in Rhode Island and three branches in Connecticut, and has plans to open another branch in Warwick, R.I. later this year.Click to continue
As a leading lender, we are committed to working with brokers to establish long-term success for the broker industry.
ING Mortgage is the operating name of ING Bank, fsb in the Wholesale Lending channel. ING Mortgage is backed by ING, a global financial institution.
Generation Mortgage Company‚TM, is a top-ten, nationwide reverse mortgage lender and servicer with experienced team.
One of America’s largest wholesale and correspondent mortgage lenders, Flagstar is a leader in paperless technology.
EMC is a portfolio lender specializing in niche financing for Primary Residences, Investment Properties and Co-ops.
Bismark Mortgage Company is a private portfolio lender providing financing for the construction of residential single-family homes.