Skip to main content

HUD general counsel issues RESPA informal opinions

National Mortgage Professional
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.
Published
Aug 18, 2008
Federal Regulators Race To Address Cryptocurrency Risks

Cryptocurrency is quickly morphing into a volatile but widely embraced innovation, and federal regulators are racing to address the potential risks to consumers and the market. 

Industry News
Sep 24, 2021
MBA Initiative Seeks To Close Racial Homeownership Gap

Says its advocacy, partnerships & connections will help increase opportunities for minority borrowers

Industry News
Sep 24, 2021
Guaranteed Rate Opens New Branch In Southwestern Michigan

Guaranteed Rate expanded its presence in Southwester Michigan, after opening a new branch in St. Joseph

Industry News
Sep 22, 2021
Chinese Property Giant Evergrande Falters, Threatening U.S. Investors

On Monday, investors across three continents dumped their stocks, mainly out of fear that the world’s two largest governments — the United States and China — would undercut the beginnings of a global economic recovery. 

Industry News
Sep 22, 2021
Compass Mortgage Expands In Four Additional States

Compass Mortgage is now licensed in Virginia, Washington, North Carolina and South Carolina.

Industry News
Sep 22, 2021
Enact Holdings Completes IPO

Genworth Financial Inc. announced the completion of the initial public offering for its subsidiary Enact Holdings Inc.

Industry News
Sep 21, 2021