Skip to main content

HUD general counsel issues RESPA informal opinions

Aug 18, 2008

NetMore America Inc. secures $5.5 million in capital investmentsMortgagePress.comloan volume, warehouse lenders NetMore America Inc. announced it has obtained a total of $5.5 million in funds to date, including $3 million in capital secured during June 2008. NetMore will use the funds obtained in June 2008 to strengthen its balance sheet and as equity capital needed to increase its permissible loan volume with its warehouse lenders. NetMore also announced the appointment of Bill Prater, managing partner of Northland Capital LLC, to chair the informal advisory board of NetMore. Prater is the CEO of Leriot LLC, a management and organizational development firm. Prater co-founded and served as CEO of an investment banking firm for 18 years, has been involved in improving stakeholder relations and profitability in more than 80 companies, and has more than 30 years of experience in business development, finance, management, marketing and sales. NetMore America Inc. is a retail and wholesale mortgage lender based in Walla Walla, Wash. For more information, call (509) 526-4007 or visit www.netmoreamerica.com.
About the author
Published
Aug 18, 2008
Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next

Housing Market Outlook: Brighter Days To Come

NAR Chief Economist Yun calls lower mortgage rates ‘magic bullet’ to boost home sales

Jun 11, 2025
Redfin Shareholders Say Yes To Acquisition By Rocket

Nearly 99% of Redfin shareholders vote to approve merger, though fewer vote yes to compensation for company’s execs

Jun 10, 2025
Play Ball: Ishbias Could Add Another Team To Their Roster

Justin Ishbia in agreement to potentially take over as owner of Chicago White Sox — but not for several years yet

Jun 09, 2025
Rift That Could Shift The Housing Market

Trump-Musk breakup this week could have implications for federal economic policies as well as the housing and mortgage markets

No Rate Cut Likely Yet, Fed’s Kugler Suggests

Current Fed stance ‘appropriate’ for range of reasons, Fed Board of Governors member says

Jun 05, 2025