Former Mortgage Broker Pleads Guilty to $1.2 Million Mortgage Fraud Scheme

SPRINGFIELD, MO - August 13, 2009 - (RealEstateRama) -- Matt J. Whitworth, Acting United States Attorney for the Western District of Missouri, announced today that a former mortgage broker pleaded guilty in federal court to his role in a $1.2 million mortgage fraud scheme.

House Passes Rural Homeowners Protection Act Clay’s Legislation Will Help Rural Families Refinance Mortgages...

Washington, DC - July 30, 2009 - (RealEstateRama) -- The U.S. House has passed legislation authored by Congressman Wm. Lacy Clay (D) Missouri, which will make refinancing easier for rural homeowners who hold mortgages issued by private lenders. H.R. 2043, the Rural Homeowners Protection Act of 2009, will allow rural families to refinance mortgages obtained from private lenders through a provision of a USDA guaranteed loan program.

Zweifel Spreads Word About Low-Interest Loans

Treasurer Stops in Springfield and Rolla to Promote Missouri Linked Deposit Program. JEFFERSON CITY, MO - July 27, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel traveled to Springfield and Rolla today to outline how a low-interest loan program in his office is set to move Missouri's economy forward.

McCaskill Holds Senate Hearing in St. Louis on Reverse Mortgages

WASHINGTON, D.C. - June 29, 2009 - (RealEstateRama) — These days television shows are regularly interrupted with commercials about a “great” new financial opportunity backed by the federal government: a reverse mortgage loan that allows seniors to convert the equity in their homes into cash. While this can be a useful tool for some, many elderly homeowners are prime targets for predatory lending schemes in a rapidly growing industry.

Attorney General Koster sues to stop mortgage-refinancing telemarketer from calling Missourians on the no-call...

Jefferson City, MO - May 27, 2009 - (RealEstateRama) — Attorney General Chris Koster today filed suit to stop a mortgage-refinancing company from calling and soliciting business from Missourians who had previously placed their names on the state's No-Call List. This suit against a mortgage-refinancing company continues the Attorney General's zero-tolerance stance against illegal mortgage operations, and is the fifth suit against a company offering mortgage refinancing or foreclosure relief since April 6.

Attorney General Koster continues ‘zero tolerance’ stance on mortgage scams

Koster files suit to stop company from cheating people seeking foreclosure assistance and mortgage modification. Jefferson City, MO - May 26, 2009 - (RealEstateRama) — Attorney General Chris Koster today filed suit against a company that offered foreclosure relief and mortgage modifications to Missourians, but did not provide the services promised.

Treasurer Zweifel Becomes Chair of Missouri Housing Development Commission

JEFFERSON CITY, MO - May 26, 2009 - (RealEstateRama) — In a unanimous vote Friday, State Treasurer Clint Zweifel became chair of the Missouri Housing Development Commission. Treasurer Zweifel will begin his duties at MHDC's July 31 meeting. "I am honored the commission members have confidence in me for this leadership role," Treasurer Zweifel said. "This commission is vital to Missourians. We have an opportunity to advance homeownership, affordable housing and Missouri's economy through MHDC."

Attorney General Koster files lawsuit to stop company from cheating consumers facing mortgage foreclosure

Jefferson City, MO - April 08, 2009 - (RealEstateRama) — Attorney General Chris Koster today filed suit against a California company that defrauded Missourians looking for help avoiding mortgage foreclosure. Koster said the company, US Foreclosure Relief, took money from victims but did not provide any help.

MHDC Rolls Out Innovative New Program For First-Time Homebuyers

January 28, 2009 - (RealEstateRama) — Missouri Housing Development Commission (MHDC) has developed a new product to enable first-time homebuyers to take advantage of the $7,500 federal first-time homebuyer tax credit. This program is the first of its kind in the nation

BOND: Bipartisan Agreement Important Step in Providing Housing Relief to Families

WASHINGTON, DC - U.S. Senator Kit Bond today praised his colleagues in the Senate for moving forward on a proposal to help families and...

HUD Announces Disaster Assistance for Missouri Flood Victims

Foreclosure protection offered to displaced families in central and southern MissouriWASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will...

Engler Passes Significant Measures Against Mortgage Fraud in Senate

JEFFERSON CITY –Sen. Kevin Engler, R-Farmington, today announced that Senate Bill 1059, a bill he sponsored, has received final approval from the Senate. The...


Blunt-Klobuchar Bill Will Help More Children Find Homes Through International Adoption...

U.S. Senators Roy Blunt (Mo.) and Amy Klobuchar (Minn.), co-chairs of the Congressional Coalition on Adoption, yesterday introduced the Vulnerable Children and Families Act. The measure would help more children living without families or in institutional care find permanent homes by enhancing U.S. diplomatic efforts around international child welfare and ensuring that intercountry adoption to the United States becomes a more viable and fully-developed option


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