Mortgage
Parnell Submits Veterans Loan Legislation
January 13, 2010 Posted by Alaska RealEstateRama
Juneau, AKL - January 13, 2010 - (RealEstateRama) — Governor Sean Parnell today transmitted legislation to renew the Veterans Mortgage Loan program. If passed by the Legislature, voters in the 2010 general election would be asked to approve $800 million of state-guaranteed bonds. The bonds would be issued by the Alaska Housing Finance Corporation for the purchase of mortgage loans made to qualifying military veterans.
Nine Sentenced in Alaska’s Largest Mortgage Fraud Investigation
August 25, 2009 Posted by Alaska RealEstateRama
ANCHORAGE, AK - August 25, 2009 - (RealEstateRama) — United States Attorney Karen L. Loeffler announced that on August 21, 2009, lead defendant Lance Lockard was sentenced to 70 months in prison for his leadership of a large-scale mortgage fraud scheme
AHFC Lowers Interest Rates
May 12, 2009 Posted by Alaska RealEstateRama
Anchorage, AK - May 12, 2009 - (RealEstateRama) — First-time home buyers and veterans may now qualify for lower interest rates through Alaska Housing Finance Corporation. AHFC announced the lower rates for purchases using its Tax-Exempt First Time Homebuyer, Veterans Tax-Exempt, and Veterans Mortgage Programs. The interest rate, which is calculated daily, was 5% and 5.25% for a 30-year loan for these programs at the time of this announcement. However, depending on income and availability of natural gas, the rate could be further reduced when combined with AHFC’s reductions for low-income borrowers and energy-efficient properties.
AHFC Announces Energy Cost Relief for Alaskans, $300 Million for Weatherization and Energy Rebates, Second Loan Program
May 5, 2008 Posted by Alaska RealEstateRama
Anchorage, Friday, May 02, 2008 – Alaskans soon will have access to a well funded, multi-million dollar state weatherization program and to an equally well funded home energy rebate program, according to Dan Fauske, CEO/Executive Director of Alaska Housing Finance Corporation.
Alaska USA FCU Deploys Metavante’s Loan Origination Technology to Streamline Mortgage Operation
March 20, 2008 Posted by Alaska RealEstateRama
MILWAUKEE, March 17, 2008 – Metavante (NYSE:MV), a leading provider of banking and payments technology, today announced that Alaska USA Federal Credit Union (FCU) is in production with Metavante’s Loan Origination System (LOS) point-of-sale solution for its mortgage operations. Alaska USA FCU, headquartered in Anchorage, is one of the top 10 credit unions in the U.S. and the largest financial institution in Alaska with $2.8 billion in assets.
Mortgage defaults expected to persist in Southcentral
August 17, 2007 Posted by Alaska RealEstateRama
WASILLA — Observers in the Matanuska-Susitna Borough and in Anchorage report scores of home foreclosures that began late last year and aren’t expected to taper off soon.
