News Releases
AmeriNational Selected by Minnesota Housing Finance Agency to Provide Loan Sub-Servicing
Albert Lea, Minnesota—November 9, 2011—AmeriNational Community Services, Inc. is pleased to announce that it has been selected by the Minnesota Housing Finance Agency (Minnesota Housing) to sub-service their junior lien loan portfolio.
“AmeriNational has a great reputation and we look forward to a long and productive relationship with them,” said Mike Haley, Assistant Commissioner of Minnesota Housing.
Minnesota Housing offers financial assistance to low- and moderate-income Minnesotans through down payment assistance loans and residential rehabilitation loans. They are a leader in an alliance of government, private sector, non-profit and faith-based community interests working to affordably house Minnesotans. Since 1971, Minnesota Housing has invested more than $8.7 billion and assisted more than 750,000 households.
AmeriNational’s Chairperson & CEO/CFO, Adrienne Thorson expresses, “We are proud to add Minnesota Housing to our client list. As a leader in promoting affordable housing in Minnesota, their goals and objectives align perfectly with our company’s vision to play an integral role in increasing the availability and quality of affordable housing nationwide. The Minnesota Housing staff are dedicated, hard working individuals and we look forward to working hand in hand with them and their borrowers.
Tilley hired as Chief Credit Underwriter of AmeriNational Community Services
Tampa,FL—April 1, 2010—AmeriNational Community Services, Inc. recently announced the addition of Rex Tilley as Chief Credit Underwriter.
With more than 26 years of experience in the financial and banking industry and 13 years of multifamily loan underwriting experience, Tilley brings to his new position a long history of property valuation, loan underwriting, risk assessment and asset management. Tilley will play a major role in AmeriNational’s strategic plan, which allows for accelerated projected growth over the next several years and expansion into new market areas.
“We are very pleased to have Mr. Tilley join our executive team,” said Michael Torres, President & Chief Operations Officer. “Rex’s extensive knowledge and experience in the affordable and market rate multifamily housing industry will serve as an integral complement in support of AmeriNational’s mission to serve the diverse needs of its customers,” he adds
Tilley earned a Bachelor of Science degree in finance from Florida State University, School of Business. Tilley is also a Florida State Certified General Real Estate Appraiser.
AmeriNational teams with State of Maryland to Reduce Foreclosures
AmeriNational Community Services, Inc., a leading mortgage loan servicer, and Governor Martin O’Malley of Maryland recently signed a compact to reduce foreclosures and keep homeowner in their homes.
The State of Maryland and AmeriNational agreed to work together to identify workable solutions to keep people in their homes and have agreed to the five-point framework to establish a “streamlined, timely and meaningful loss mitigation process for Maryland homeowners.”
AmeriNational has over 30 years of delinquency and default management experience including forbearance and foreclosures. The State of Maryland compact builds on AmeriNational’s approach to working as a team with our clients and borrowers to reduce foreclosures and preserve homeownership
AmeriNational chose to sign this agreement with the State of Maryland because we believe it is the right thing to do.
Please visit the below link for media coverage on this story.
http://wjz.com/video/?id=46584@wjz.dayport.com
Neighborhood Stabilization Program
HUD’s new Neighborhood Stabilization Program will provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. The Neighborhood Stabilization Program (NSP) provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes. The program is authorized under Title III of the Housing and Economic Recovery Act of 2008.
Read HUD's news release.
AmeriNational wants to know…..
- Are you ready to implement your NSP commitment plan?
- How will you most effectively manage your NSP loans?
Let AmeriNational assist your agency with:
- Underwriting Loans
- Preparing Loan Documents
- Disbursing Loan Proceeds
- Collecting Payments and Maintaining Escrows
- Managing Your Loan Portfolio
- Davis Bacon/Wage Compliance
AmeriNational has over 30 years of experience in affordable housing. Let our staff’s expertise assist you with your NSP program needs! Contact us directly at 866-244-5750 or via email at sales@amerinational.net.
2011 Events:
Habitat for Humanity International
National Affiliate Conference
March 22 – 25, 2011
Hyatt Regency Hotel – Atlanta, GA
California Redevelopment Association (CRA)
2011 Annual Conference & Expo
March 30 – April 1, 2011
San Jose Convention Center – San Jose, CA
Habitat for Humanity
Camp Colorado
May 11 – 13, 2011
Park Hyatt – Beaver Creek, CO
New York State Association for Affordable Housing (NYSAFAH)
12th Annual NY State Conference
May 12, 2011
New York Marriott Marquis, Time Square – New York City
Housing Association of Nonprofit Developers (HAND)
20th Anniversary Annual Meeting
May 26, 2011
Omni Shoreham Hotel – Washington, DC
Habitat for Humanity New York State Conference
June 11, 2011
Broome Community College – Binghampton, NY
Habitat for Humanity - Kentucky
Green and Affiliate Conference
June 13 – 14, 2011
Fayette County Cooperative Education Center – Lexington, KY
Maryland Municipal League
2011 Convention
June 26 – 29, 2011
Ocean City Convention Center – Ocean City, MD
Florida Association of Local Housing Finance Authorities
2011 Annual Conference
July 13 – 16, 2011
Westin Key West Resort and Marina – Key West, FL
TAAHP
2011 Texas Housing Conference
July 25 – 27, 2011
Four Seasons Hotel – Austin, TX
Texas Housing Association
Fiesta 2011
August 8 – 11, 2011
Crowne Plaza Riverwalk – San Antonio, TX
Maryland Association of Counties
2011 Summer Conference
August 17 – 20, 2011
Roland Powell Convention Center – Ocean City, MD
Florida Housing Coalition
Affordable housing Conference “Housing = Jobs”
September 26 – 28, 2011
Rosen Shingle Creek Resort – Orlando, FL
Habitat for Humanity – Wisconsin
Annual Conference
September 27, 2011
Christ the Rock Community Church – Menesha, WI
Habitat for Humanity - Indiana
Statewide Conference
October 14 – 15, 2011
Crowne Plaza Hotel – Indianapolis, IN
California Redevelopment Association (CRA) & California Association of Local Housing Finance Authorities (CAL-ALHFA)
Affordable Housing Conference
October 26 – 27, 2011
Sheraton Park – Anaheim, CA
2011 Governor’s Housing Conference
November 16 – 18, 2011
Hampton Roads Convention Center – Hampton, VA
Habitat for Humanity – West Virginia
Mid-Atlantic Energy Efficient Building Conference
November 16 – 18, 2011
Waterfront Place Hotel – Morgantown, WV
For more information about upcoming appearances at industry
tradeshows throughout the country, please contact:
Amber Anderson, Marketing and Contracts Manager
aanderson@amerinationl.net
Tel: (507) 369-1256 |
