Dorie DiMarca of Andover, Massachusetts, was charged with two counts of wire fraud concerning real estate appraisal services she had performed. According to Thomas P. Colantuono, U.S. attorney for the District of New Hampshire, Ms. DiMarca was arraigned on the charges on Dec. 8, 2008, and entered pleas of not guilty to the charges. The indictment alleges that Ms. DiMarca provided appraisal services to two mortgage brokerage companies located in New Hampshire: New England Regional Mortgage and First Call Mortgage. The indictment further alleges that Ms. DiMarca represented herself as a licensed appraiser when she was not licensed and had no authority to provide real estate appraisals. The indictment lists at least 22 properties in New Hampshire and Massachusetts for which Ms. DiMarca provided a purportedly legitimate appraisal. Ms. DiMarca allegedly e-mailed the appraisals from Massachusetts to the offices in New Hampshire. She was released on bail pending her trial, which is scheduled for Jan. 21, 2009.
-
The promotion offers rate cuts as much as 25 basis points on new-home purchases as well as rate-and-term and cash-out refinance loans from May 4 through May 17.
10h ago -
"In looking at eight currently available proprietary RM products, there is a distinct relationship between HECM growth rates and proprietary product availability," Reverse Market Insight said.
11h ago -
The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal.
May 4 -
The combination adds to a wave of broader merger and acquisition activity that includes an ongoing bidding war over RoundPoint Mortgage owner Two Harbors
May 4 -
The litigants, with some of the industry's deepest pockets, may be filing the rare cases to flag and potentially punish bad brokers, one expert said.
May 4 -
Market watchers think Jerome Powell will maintain a low-key presence on the Fed board as he awaits the release of an inspector general report examining cost overruns at the central bank's headquarters.
May 1










