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News and Press Releases
Lend America Gets Autonomous with Hope

The U.S. Department of Housing and Urban Development (HUD) completed the review period for Lend America, allowing the lender to exercise some autonomy in granting government-insured refinance mortgages for delinquent or at-risk …
Lend America Ups 2009 Projection, Launches Fannie Servicing

Melville, New York-based Lend America, a direct-to-consumer Federal Housing Administration (FHA) lender, recently announced that it has raised its 2009 projection. Based on the company's first quarter business, Lend America estimates that its …
Fannie Servicing Effort Gets Underway at Lend America

Lend America, Melville, N.Y., is further expanding its growing servicing efforts by launching a Fannie Mae servicing initiative. The retail lender, which produced over $450 million in new originations during the first quarter of this year, now …
FHA Lender Expects 80% Increase in '09 Fundings

Lend America, a non-depository FHA lender based in Melville, N.Y., expects its origination volume to increase by almost 80% this year to $2.5 billion. The privately held company - which also will announce a new product launch this week - forecasts …
Originations Nearly Double at FHA Lender

$1.4 billion 2008 fundings at Lend America
Lend America reported surging loan production during 2008. The forecast for 2009 calls for more of the same.
The Melville, N.Y.-based mortgage banker -- which focuses on loans insured by the …
Despite Hurdles, H4H Loans Moving toward Securitization?

Despite the markets' continuing mortgage-related volatility and the specter of possible worldwide recession last week, there was at least one relatively new mortgage product designed to address today's inordinate problem loan woes that appeared to …
Lender Forges Ahead with Hope for Homeowners Outreach Platform

Melville, N.Y.-based Lend America announced Tuesday it will launch a direct-to-consumer Hope for Homeowners outreach platform to educate borrowers on the H4H program. Chief business strategist Michael Ashley said the company on Dec. 1 will launch a …
Lend America Provides Progress Update On H4H Program

Lend America Provides Progress Update On H4H Institutional Investor Program And Demonstrates Further Commitment To The Government's Hope For Homeowners Program By Launching Direct-To-Consumer H4H Platform
Now working with multiple …
Lend America facilitating HOPE refinancings

A privately owned New York-based direct lender, Lend America, says it's finalizing a transaction that will help a "major financial institution" refinance up to $1 billion of its portfolio of residential mortgages into the FHA's HOPE for Homeowners …
How Ginnie Mae's Chief Is Addressing Resurgent Risks

Joseph J. Murin took the reins of the Government National Mortgage Association, better known as Ginnie Mae, at a critical point in the industry crisis.
For years the federal agency was an also-ran, dwarfed in volume and importance by …
FHA Lender Working on 'Structured Finance' Deal

Federal Housing Administration lender and Ginnie Mae issuer Lend America, Melville, N.Y., said it is finalizing a "structured transaction" designed to help "a major global financial institution" refinance a roughly $1 billion pool of sub-performing …
New Lend America Program Fights Foreclosures

A new program aims to aid the housing market on two fronts, Lend America announced Friday.
The Melville, N.Y.-based FHA lender launched a specialized Hope for Homeowners (H4H) Outreach Program designed to help investors recapture …
Firm bucks trend, looks to buy up mortgages

With most of Wall Street unloading as much bad debt as possible, Melville's Lend America is using that to its advantage.
Investors are approaching the originator of government-backed mortgages to help them collect on bad loans that are …
Lender's FHA Twist Puts Investors Front and Center

For two years, Ideal Mortgage Bankers Ltd. has been using television infomercials and a toll-free number to market fixed-rate Federal Housing Administration refinancings as a way for homeowners to escape escalating adjustable-rate mortgage …
Terry Haddock Lands Lend America Sponsorship

Lend America and IHRA points-leader Haddock team up for balance of 2008
MELVILLE, New York/WOODINVILLE, Wash. (August 18, 2008) - Lend America, recently ranked 12th largest direct-to-consumer FHA lender in the nation, announced today …
In the Mortgage Business, People Break for Daily Prayers

MELVILLE, NY - Being in the mortgage business today takes stamina. In Melville, NY, one national mortgage banking organization is finding prayer to be a source of strength. (lubavitch.com) At 5:30 p.m., a crowd of thirty men and women gathers in the …
FHA Mortgage Focus Fuels Lend America’s Rise

The changing landscape in mortgage banking is propelling fast-growth for lenders that specialize in originating mortgages endorsed by the Federal Housing Administration; Melville, New York-based Lend America is a perfect example of what may be the …
Lend America Receives Approval For Ginnie Mae Issuer Status

Under goes extensive approval process to position itself to further help borrowers
Significant proof point on quality and strength of business
MELVILLE, N.Y. - June 27, 2008 - Lend America, a leading privately-owned, direct-to-consumer …
COMBATING SUB PRIME CRISIS, HORSLEY OFFERS H.E.L.P

HOMEOWNER EDUCATION & LOAN PROGRAM (H.E.L.P.)
Touts Mortgage Crisis Hotline & Website To Assist Overburdened Homeowners
Hauppauge, New York - Addressing the sub-prime crisis Legislator Wayne Horsley hosted Lend …
HELP Tries to Stem FHA Defaults

Melville, NY - The mortgage crisis is pushing more lenders to take a long-term, preventive approach to FHA loans and assistance offered to borrowers facing default or foreclosure.
Lend America, New York's largest FHA lender, …
FHA Takes Flight

Once called the program of last resort, the government-insured product is now the program of choice for mortgage borrowers and originators.
It is no secret that the Federal Housing Administration loan program has enjoyed a …
Melville Lender Giving $250,000 Mortgage Prize

Lend America, a Melville mortgage bank, will create its own reality TV-like moment when it gives $250,000 to a Missouri couple to pay off their mortgage.
The company will officially award the prize at a news conference in Melville today …
One in a Million Odds Becomes Reality

This morning we had a real treat! A story about a young family in St. Clair, MO with three kids and a growing stack of unpaid bills who were rescued when they decided to participate in a giveaway with Lend America.
Lend America, a …
Too Rich for the Rebate? How the Stimulus Can Help You

The poor little rich girls--and guys--who make more than $87,000 per year won't be getting any of the stimulus money hitting some Americans' bank accounts Monday.
Couples who make more than $174,000 per year won't see any of the money …
FHA Stars in Small but Growing Firm's TV Move

Lend America here is a private mortgage company known for its 30-minute television spots focused on Federal Housing Administration programs. While it has been a relatively small player, it is notable because it has done relatively well in …
Lender Takes Vacant AHM Space

Lend America has leased the former American Home Mortgage building at 520 Broadhollow Road in Melville.
The mortgage company is actually expanding, moving from its current 40,000-square-foot facility at 201 Old Country Road to the …
Daily Briefing Weekend Edition - Lenders See Refi Spike

Lend America, Melville, N.Y., has seen an influx of business in FHA loans originated from last year. The percentage rose from 75% of the company's business in January of 2007 to 95% of its business in January 2008. Approximately 85% were refinances, …
More Help Arrives for Former AHM Employees

Countrywide Financial Corp. has joined a growing list of entities reaching out to former employees of American Home Mortgage Investment Corp.
Both Lend America and Countrywide have begun hiring processors, underwriters, account executives and …
FHA Lender Expects 80% Increase in '09 Fundings

Lend America, a non-depository FHA lender based in Melville, N.Y., expects its origination volume to increase by almost 80% this year to $2.5 billion. The privately held company - which also will announce a new product launch this week - forecasts …
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