Residential Credit Solutions Named as an Approved Servicer by Fannie Mae.
Specialized Mortgage Investment and Servicing Platform Backed by Private Equity Firm Equifin Capital Partners and Och-Ziff Capital Management approved to service loans by Fannie Mae NEW YORK, Nov. 18 /PRNewswire/ -- Residential Credit Solutions, Inc. ("RCS") today announced that it has been approved as a servicer by...

LETTERS IN THE EDITOR'S MAILBAG.
Byline: The Register-Guard Leaders keep letting us down Where am I? Who put me in this hand-basket? Politicians at the national, state and local levels. Congressmen Barney Frank and Chris Dodd, Treasury Secretary Henry Paulsen and others were entrusted with oversight of the...

Insurance Companies Adopt Thrift Holding Company Structure To Become Eligible For Treasury Capital Purchase Program And FDIC Liquidity Guarantee.
On November 14, the deadline for financial institutions to file an application for the Department of the Treasury's Capital Purchase Program (the "CaPP"), as authorized under the Emergency Economic Stabilization Act of 2008 (EESA), four large insurance companies announced proposed acquisitions of distressed thrifts. Hartford Financial Services Group acquired...

Federal Home Loan Bank of Atlanta Announces New Advisory Council Members and Chairman.
Cooke, Grayson, and Rasberry to Join Council; Vaughan elected Chairman ATLANTA, Jan. 20 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three new members and elected a new chairman to its Affordable Housing Advisory Council. Council members will serve...

Federal Home Loan Bank of Atlanta to Award More Than $9.2 Million for Affordable Housing in Florida.
Funding to Create, Preserve 666 Affordable Rental, Homeownership Units ATLANTA, Feb. 4 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award more than $9.2 million to fund 18 affordable housing developments in Florida. The funding is part of more than...

Federal Home Loan Bank of Atlanta to Award $1.5 Million for Affordable Housing in Maryland.
Developers to Create, Preserve 178 Affordable Housing Units ATLANTA, Feb. 18 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award $1.5 million to help developers fund 178 affordable housing units in Maryland. The funding is part of more than $43...

Metro City Redevelopment Coalition Partnership Creates New Affordable Housing in Baton Rouge.
Melrose PepperMill Apartments II is First New Construction in East Melrose Community in 25 Years ATLANTA, Feb. 10 /PRNewswire/ -- Metro City Redevelopment Coalition, Inc. (MCRC) and AAmagin Property Group, LLC of Baton Rouge, La. are pleased to announce the grand opening of Melrose PepperMill Apartments II,...

Federal Home Loan Bank of Atlanta to Award More Than $12.4 Million for Housing in Georgia.
Funding to Create, Preserve 1,359 Affordable Rental, Homeownership Units ATLANTA, Feb. 11 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award more than $12.4 million to help finance 1,359 affordable housing units in Georgia. The funding is part of more...

Federal Home Loan Bank of Atlanta Awards $43 Million for Affordable Housing Development.
Funding will Create, Improve, or Preserve 4,514 Housing Units ATLANTA, Jan. 16 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award more than $43 million to fund 85 affordable housing projects in ten states. Local community developers, in...

Federal Home Loan Bank of Atlanta to Award $3.6 Million for Housing in Alabama.
Funding to Create, Preserve Mix of Affordable Rental, Homeownership Units ATLANTA, Jan. 28 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award $3.6 million to fund 9 affordable housing developments in Alabama. The funding is part of more than $43...