Mortgage

Mortgage

Oklahoma, 10 Other States File Appeal of Lawsuit against Dodd-Frank Financial Law

Attorney General Scott Pruitt on Wednesday announced Oklahoma and 10 other states filed an appeal of a lawsuit challenging the Dodd-Frank federal financial law. In appealing a lower court’s ruling, Oklahoma and the other states are seeking the opportunity to defend the interests of their citizens against the potential harmful effects of Dodd-Frank

Deadline for AG’s Mortgage Settlement Fund Phase II is Dec. 31

Oklahoma Attorney General Scott Pruitt on Friday encouraged Oklahomans who experienced foreclosure or mortgage issues due to mortgage company actions to apply for a second round of assistance from the Oklahoma Mortgage Settlement Fund.

1 YEAR LATER: AG Pruitt’s Oklahoma Mortgage Settlement Spurs Oklahomans’ Recovery

One year after Attorney General Scott Pruitt delivered the first $20,000 check to a Tulsa family, the Oklahoma Mortgage Settlement Fund continues to fulfill its goal of helping Oklahomans recover from harmful banking practices, and keeping families in their homes

Phase II of Compensation from the Oklahoma Mortgage Settlement Fund now open

Attorney General Scott Pruitt Monday announced the opening of Phase II of homeowner compensation from the Oklahoma Mortgage Settlement Fund.

CONSUMER ALERT

Attorney General Scott Pruitt Tuesday issued an alert for Oklahoma residents about a new federal mortgage settlement from the U.S. Department of the Treasury.

Thousands of Tax Cheats Got Federal Mortgage Assistance or Tax Credits

WASHINGTON, D.C. - June 27, 2012 - (RealEstateRama) -- A new report from the Government Accountability Office (GAO) found that thousands of home-buyers with significant tax debt were given one-time mortgage help under the American Recovery and Reinvestment Act (ARRA), despite federal rules that make tax cheats ineligible for federal mortgage insurance. The report found that “many individuals with tax debt take advantage of government programs, such as federal loan insurance, thereby reaping benefits from these programs while failing to pay their own taxes.” The report also found tax cheats that took advantage of the program were two-to-three times more likely to default on home loans, posing a much higher risk for the program. The report was done at the request of Senators Tom Coburn, M.D. (R-OK), Carl Levin (D-MI), Max Baucus (D-MT), Orrin Hatch (R-UT) and Charles Grassley (R-IA).

Three Charged in Mortgage Fraud Conspiracy

OKLAHOMA CITY, OK - July 22, 2010 - (RealEstateRama) -- A federal grand jury has indicted DERRICK REUBEN SMITH, MICHAEL GIPSON, and TRINA TAHIR on charges of conspiracy, wire fraud, and money laundering in connection with fraudulent mortgages, announced Sanford C. Coats, United States Attorney for the Western District of Oklahoma.

Oklahoma Ranks 1st In Home Equity

Tulsa, Ok - May 13, 2010 - (RealEstateRama) -- The Tulsa World reports Oklahoma has the lowest percentage of upside-down mortgages in the country.

PSMI opening office in Oklahoma City

Latoya Edwards Opens PSM Office Roswell, NM, 2/04/08 - PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of a...

Housing Authority of Cherokee Nation Taking Homeownership Applications in Locust Grove

LOCUST GROVE, Nov. 09 -- The Housing Authority of the Cherokee Nation is opening the homeownership waiting list in Mayes County. The first twenty-five...

Federal Grand Jury Indictment

MUSKOGEE, October 05, 2007 - Sheldon J. Sperling, United States Attorney for the Eastern District of Oklahoma, announced that EUGENE E. STIPE, age 80,...

Court: fixture filings, real property mortgage not same

“UCC fixture filings” might seem in many ways similar to a mortgage on real property, but the two things are not interchangeable when it...

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OHFA Awards $600,000 to Organizations Providing Down Payment Assistance

Oklahoma Housing Finance Agency’s Board of Trustees approved Home Investment Partnerships Program (HOME) contracts during its July meeting to provide funding for affordable housing in Oklahoma. OHFA is a U.S. Department of Housing and Urban Development designated state Participating Jurisdiction.

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HUD CHARGES OKLAHOMA LANDLORDS WITH DISCRIMINATING AGAINST VETERAN WITH DISABILITIES

The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the landlords of a Moore, Oklahoma rental home with violating the Fair Housing Act by denying the reasonable accommodation requests of their tenant, a veteran with disabilities