Mortgage

Governor Granholm Signs Legislation to Help Citizens Threatened With Mortgage Foreclosure

State housing authority and lenders join forces to offer new tools to help families save homes
 
LANSING - Governor Jennifer M. Granholm today signed legislation aimed at preserving the American dream of homeownership for Michigan families in jeopardy of losing their homes to foreclosure.  The governor was joined today by lenders from the Michigan Credit Union […]

Granholm Applauds Senate Action on Bills to Combat Mortgage Foreclosure

New programs part of “Save the Dream” campaign to protect familiesLANSING, March 6, 2008 - Governor Jennifer M. Granholm today applauded the state Senate for approving bills that will help protect Michigan homeowners facing mortgage foreclosures by offering them new refinancing options. 

AG Cox to Host Statewide Foreclosure Forums

LANSING, February 12, 2008 - Following up on the most widely attended mortgage foreclosure forum in the nation, Attorney General Mike Cox’s office is hosting three more Avoid Foreclosure forums to help at-risk homeowners.

Mortgage Expert Available for Discussion/Comment on Current Financial and Lending Business Topics

Robert Rahal, Shore Mortgage president and spokesperson, is available to address and fully discuss timely issues pertaining to the following topics.

Michigan State Housing Authority Announces $385 Million Bond Issue to Finance Homes for Low Income Families

LANSING, Mich., Dec. 11 /PRNewswire-USNewswire/ — The Michigan State Housing Development Authority (MSHDA) announced today that it intends to issue bonds in the aggregate principal amount of $385,000,000 on or before December 31, 2007, and to use the proceeds of such bonds to make mortgage loans to eligible low and moderate income applicants to finance […]

Subprime Wholesaler Launches Amid Meltdown

Right Stop Mortgage to offer subprime and hard money programs
SOUTHFIELD, Mich., Dec. 3 /PRNewswire/ — Consumers with subprime credit will soon be able to access new loan programs through mortgage brokers who are approved with Right Stop Mortgage LLC. The wholesale lender plans to launch a new suite of nonprime programs later this month.

HUD Announces Foreclosure Prevention Workshop to Help More Michigan Families Keep their Homes

Secretary Jackson to deliver keynote address; Lenders, counselors to be on hand to help first-time homebuyers and troubled homeowners
DETROIT, Nov. 14 /PRNewswire/ — The U.S. Department of Housing and Urban Development will sponsor a free homeownership workshop in Detroit at the Metropolitan United Methodist Church on Thursday, November 15, 2007 from 2:00 to 8:30 p.m. […]

Governor Granholm Announces Toll-Free Number to Help Families Facing Mortgage Foreclosure

‘Save the Dream’ campaign toll-free number is 866-946-7432
LANSING, Mich., Oct. 23 /PRNewswire-USNewswire/ — Governor Jennifer M. Granholm today announced that a new toll-free hotline has been established to help homeowners who are facing mortgage foreclosure get counseling services and advice on how to avoid foreclosure. The toll-free number is 1-866-946-7432.

Governor Granholm Announces Plan to Combat Mortgage Foreclosure Epidemic in Michigan

New programs part of “Save the Dream” campaign to protect families
 
DETROIT - Governor Jennifer M. Granholm today announced plans to assist Michigan homeowners facing mortgage foreclosure by offering new refinancing options to protect their home ownership.  The programs will be administered by the Michigan State Housing Development Authority (MSHDA) in conjunction with its Save the […]