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State Division of Financial Institutions Receives Mortgage Supervision Accreditation
The State Department of Commerce and Consumer Affairs’ (DCCA) Division of Financial Institutions (DFI) received a certificate of accreditation for mortgage supervision from the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR)
Hawaii Division of Financial Institutions Earns Accreditation in Mortgage Supervision
The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) is pleased to announce that the Hawaii Division of Financial Institutions (the Division) has received a certificate of accreditation for mortgage supervision. This accreditation confirms that the Division maintains the highest standards and practices in mortgage supervision set by the AARMR/CSBS Mortgage Accreditation Program
Mortgage Broker Sentenced for Federal Offenses
HONOLULU - January 10, 2012 - (RealEstateRama) -- Estrellita “Esther” Garo Miguel, age 62, a Honolulu mortgage broker who operated the business Easy Mortgage, was sentenced yesterday to 52 months’ imprisonment by Chief United States District Judge Susan Oki Mollway for her operation of a mortgage fraud and money laundering scheme.
Congresswoman Hirono Recovers More Than $1 Million in Savings for Hawaii Constituents in First...
Oahu, HI - June 14, 2012 - (RealEstateRama) -- A homeowner from Hawaii Island needing help modifying his mortgage; a Maui Vietnam War veteran and a Maui widow needing assistance from the Department of Veterans Affairs (VA); and a Kauai senior and a Hawaii Island physician needing help getting Medicare to pay for covered services: In the first six months of 2012, Congresswoman Mazie K. Hirono (D-Hawaii) has helped these and other Hawaii residents cut through red tape to receive $1.1 million owed to them for veterans, education, or employment benefits, Social Security or Medicare payments, or mortgage modifications.
Seeking Public Assistance Identifying Hawaii Residents Who May Be Victims of Mortgage/Foreclosure Rescue Scheme
August 15, 2011 - (RealEstateRama) -- The Honolulu FBI is seeking the public’s assistance in identifying residents of Hawaii who may have been defrauded by a Missouri-based company doing business as 1st Financial Resource LLC and 1st Federal Resource LLC. The company claimed to have been operating a foreclosure abatement program demanding advance fees of $2,000 to $5,000 from Hawaii residents who had fallen behind on their mortgage payments
Mortgage Fraud Indictments Against 13 Oahu Residents Unsealed
HONOLULU, HI - August 13, 2010 - (RealEstateRama) -- Two indictments of 13 Oahu residents and one from the state of Washington on mortgage fraud related charges were unsealed today with the arrests of 10 of the 14 defendants. A federal grand jury had returned the indictments on August 11, 2010, but they had remained sealed until today. One indictment charged 10 defendants in 56 counts of conspiracy, wire fraud, and false statements on loan applications, while the other named four defendants in 33 counts of the same nature. The 14 named defendants are:
NorthStar Family of Companies Commemorates 10 Years of Service to Hawaii’s Homeowners
May 19, 2010 - (RealEstateRama) -- Hawaii’s Largest Privately Held Mortgage Banking Institution Diversifies to Succeed and Thrive in Today’s Challenging Mortgage Industry (Honolulu, Hawaii), May 17, 2010 – Remaining strong in a currently challenging mortgage industry, NorthStar Family of Companies, Hawaii’s largest privately held mortgage banking institution, is proudly celebrating 10 years of providing Hawaii’s homeowners with efficient and competitive mortgage programs. “Our success in today’s mortgage industry is due to the fact that, when the market turned, we diversified the business into appraisals, real estate sales and development, and a work-force development program,” said Cathy Brogan, president and CEO of NorthStar Family of Companies. While over 70% of mortgage brokerage and real estate companies throughout Hawaii and across the country have been forced to shut down, NorthStar Family of Companies has remained able to not only succeed, but to also thrive, in one of the most difficult mortgage industry periods over the past 100 years.
Mayor releases county’s economic stimulus package
LĪHU‘E, HI - December 29, 2008 - (RealEstateRama) — Mayor Bernard P. Carvalho, Jr. has compiled a list of projects to be considered for...
Down payments soar for Hawaii mortgages
It used to be that very little, if any, was needed to buy a home, and that helped scores of Hawai'i residents in recent...