RHODE ISLAND MORTGAGE BANKERS ASSOCIATION

Rhode Island Mortgage Bankers Association (RIMBA) Members Donate Thousands to Toys for Tots

Retrieved on: 
Tuesday, December 22, 2020

PROVIDENCE, R.I., Dec. 22, 2020 /PRNewswire-PRWeb/ --The Rhode Island Mortgage Bankers Association is pleased to announce that the most recent #RIMBARelief campaign, in support of Toys for Tots, was a tremendous success.

Key Points: 
  • PROVIDENCE, R.I., Dec. 22, 2020 /PRNewswire-PRWeb/ --The Rhode Island Mortgage Bankers Association is pleased to announce that the most recent #RIMBARelief campaign, in support of Toys for Tots, was a tremendous success.
  • However, now more than ever, members still wanted to support the organization and help local families in need.
  • The Rhode Island Mortgage Bankers Association is dedicated to promoting and sustaining responsible home lending in Rhode Island.
  • The mortgage association has over 90 corporate members, which represent thousands of mortgage lenders throughout the state who help businesses and people secure mortgages.

RIMBA Members Donate Thousands to the RI Community Food Bank

Retrieved on: 
Thursday, October 1, 2020

PROVIDENCE, R.I., Oct. 01, 2020 /PRNewswire-PRWeb/ --The Rhode Island Mortgage Bankers Association is pleased to announce that the #RIMBARelief campaign, in support of the RI Community Food Bank, was a tremendous success.

Key Points: 
  • PROVIDENCE, R.I., Oct. 01, 2020 /PRNewswire-PRWeb/ --The Rhode Island Mortgage Bankers Association is pleased to announce that the #RIMBARelief campaign, in support of the RI Community Food Bank, was a tremendous success.
  • Over $18,000 has been raised to date, and members were on-hand to present an initial check of $10,000 to Food Bank representatives on September 17, 2020.
  • The campaign began in June in response to the COVID-19 pandemic and launched with a video appeal from the RIMBA Board to its members.
  • Additionally, once allowed, RIMBA members will be volunteering to assist the Food Bank with its distribution process.

RI Mortgage Bankers Association Issues Appeal to Federal Housing Finance Agency for Additional Support in Wake of COVID-19

Retrieved on: 
Monday, May 4, 2020

WARWICK, R.I., May 4, 2020 /PRNewswire-PRWeb/ --In response to the Federal Housing Finance Agency's (FHFA) announcement of "temporary flexibility" in appraisal and mortgage verifications, Rhode Island Mortgage Bankers Association (RIMBA) believes more needs to be done.

Key Points: 
  • WARWICK, R.I., May 4, 2020 /PRNewswire-PRWeb/ --In response to the Federal Housing Finance Agency's (FHFA) announcement of "temporary flexibility" in appraisal and mortgage verifications, Rhode Island Mortgage Bankers Association (RIMBA) believes more needs to be done.
  • Additional Liquidity Needed: Widespread borrower forbearance will create a severe liquidity shortage that will plummet the housing finance system into disarray.
  • The Rhode Island Mortgage Bankers Association is dedicated to promoting and sustaining responsible home lending in Rhode Island.
  • The mortgage association has over 90 corporate members, which represent thousands of mortgage lenders throughout the state who help businesses and people secure mortgages.

Rhode Island Mortgage Bankers Association Joined Habitat for Humanity to Help Build a Lasting Home

Retrieved on: 
Tuesday, May 7, 2019

PROVIDENCE, R.I., May 7, 2019 /PRNewswire-PRWeb/ --Mortgage, banking, and finance professionals from Rhode Island Mortgage Bankers Association (RIMBA) rolled up their sleeves to help South County Habitat for Humanity (SCHH) bring a home construction project into its next phase.

Key Points: 
  • PROVIDENCE, R.I., May 7, 2019 /PRNewswire-PRWeb/ --Mortgage, banking, and finance professionals from Rhode Island Mortgage Bankers Association (RIMBA) rolled up their sleeves to help South County Habitat for Humanity (SCHH) bring a home construction project into its next phase.
  • Deady explained that the average rent for a two-bedroom apartment in Rhode Island in 2018 exceeded $1,400 a month.
  • The Rhode Island Mortgage Bankers Association is dedicated to promoting and sustaining responsible home lending in Rhode Island.
  • The mortgage association has over 90 corporate members, which represent thousands of mortgage lenders throughout the state who help businesses and people secure mortgages.