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Governor Beshear Signs Consumer Protection Measure
April 14, 2010 - (RealEstateRama) -- Gov. Steve Beshear was joined today by Kentucky Attorney General Jack Conway as he signed into law HB 166, a consumer protection bill that addresses debt-adjusting contracts that are often entered into by desperate homeowners who have fallen behind on their mortgage payments and are seeking a quick, easy solution to their financial problems
Kentucky Mortgage Regulator Achieves Accreditation
FRANKFORT, KY - March 1, 2010 - (RealEstateRama) -- The Kentucky Department of Financial Institutions (DFI) has been recognized as one of the nation’s leading mortgage regulators, as Gov. Steve Beshear accepted DFI’s certificate of mortgage accreditation.
Online Tool Provides Information on Mortgage Lenders
FRANKFORT, KY - January 26, 2010 - (RealEstateRama) -- Kentucky consumers considering a mortgage now have a new online resource to make sure their lender is licensed.
Regulator Issues Order Against Taylor, Bean & Whitaker
FRANKFORT, KY - August 18, 2009 - (RealEstateRama) -- The Kentucky Department of Financial Institutions (DFI) has issued a cease and desist order against Taylor, Bean & Whitaker Mortgage Corp. (TBW).
Attorney General Conway Announces Plan To Pay $1.64M to Qualifying Kentucky Countrywide Mortgage Borrowers
July 23, 2009 - (RealEstateRama) -- Attorney General Jack Conway today announced that some Kentucky consumers who had home mortgage loans with Countrywide Mortgage Company will be able to make claims beginning this week as part of the settlement agreement with Countrywide over allegations of predatory lending practices
Gov. Beshear Announces $1.3 million for Neighborhood Stabilization in Purchase Region
MAYFIELD, KY - May 14, 2009 - (RealEstateRama) — Gov. Steve Beshear today announced that the Purchase Area Housing Corporation (PAHC) has been awarded $1,372,500 from the Neighborhood Stabilization Program (NSP) to help stabilize communities in southwestern Kentucky that have suffered from foreclosures and abandonment.
Bunning Statement Opposing Housing Bill
May 7, 2009 - (RealEstateRama) — U.S. Senator Jim Bunning today issued the following statement opposing S. 896, the Housing Bill.
"I opposed the FHA...
Affordable Housing Trust Fund Advisory Committee to Meet
April 09, 2009 - (RealEstateRama) — The Commonwealth of Kentucky’s Affordable Housing Trust Fund Advisory Committee will hold a regularly scheduled meeting at 1:30 p.m., Eastern Daylight Time, on Tuesday, April 14, 2009, at Kentucky Housing Corporation, 1231 Louisville Road, Frankfort
House Bill 106 Will Improve Mortgage Regulation
FRANKFORT, KY - March 31, 2009 - (RealEstateRama) — The Kentucky Department of Financial Institutions (DFI) stands ready to implement the changes called for in House Bill 106, which was signed by Gov. Steven L. Beshear on Friday.
DFI Recognizes the Anniversary of the Mortgage Licensing System
FRANKFORT, KY - January 14, 2009 - (RealEstateRama) — One year ago, Kentucky was one of the first states to join the Nationwide Mortgage Licensing System (NMLS). Today, the Kentucky Department of Financial Institutions (DFI), the state mortgage regulator, continues to be at the forefront of improving mortgage regulation
Attorney General Conway Settles Allegations Of Predatory Lending With Countrywide Mortgage Company
KY - January 08, 2009 - (RealEstateRama) — Attorney General Jack Conway today announced a settlement resolving allegations of predatory lending practices against Countrywide Financial Corporation. Kentucky has joined other states requiring this sub-prime lender to provide loan modifications to assist up to 395,000 borrowers nationwide from a foreclosure relief fund of $150 million
Foreclosure Prevention Efforts Aren’t Keeping Up With Trends
FRANKFORT, Ky. – Industry measures to keep homeowners out of foreclosure are barely keeping pace with the rising rate of homeowners in trouble, according to...
Governor Signs Bill to Help an Additional 25,000 Home Buyer Households
FRANKFORT, Ky. (April 11, 2008) – Kentucky Gov. Steve Beshear today signed House Bill 373, which doubles the debt ceiling of Kentucky Housing Corporation...
Kentucky Housing Corporation Honors Top Lenders
Lending Partners Enable Kentuckians to Secure Safe Home Loans
Kentucky Housing Corporation (KHC), the state housing finance agency, recognized the top lending partners in affordable...
Kentucky Housing Market May Benefit From Fed Rate Cut
Lexington, KY, 01/22/2008 – The recent announcement from the Federal Reserve to slash the federal funds rate by three quarters of a point was an...