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New York's Preeminent Residential and Commercial Real Estate Finance

Professionals

 
A strong and genuine belief in the "customer for life" principle of doing business is what fuels this company. Referrals from previous customers and local real estate professionals have always delivered the majority of the Company's production.

From the comfort of your own home, you can find out how much house you prequalify for, apply online and begin to gather the documents you'll need to get your loan approved. It's that easy!

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The Richland Group
551 Fifth Ave., Ste. 1620
New York, NY 10176
Office Phone: (212) 681-9888
Fax: (212) 681-9892

The Richland Group is proud to announce that it has expanded its office to better serve its clientele and to accomodate the market more efficiently.  The company's new office space at 551 Fifth Avenue, has moved to suite 1620.  According to the President, Richard Russell, the new 1,700 square foot -state of the art office- that now houses seven employees will now better serve the public's needs as New York's preeminent, "boutique broker".

                            

Mortgage News Daily

MBS RECAP: 2/16/2012 - 3 hours ago
Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-13 : -0-11 FNMA 4.0 105-10 : -0-08 FNMA 4.5 106-19 : -0-07 FNMA 5.0 108-00 : -0-05 GNMA 3.5 104-29 : -0-15 GNMA 4.0 107-23 : -0-12 GNMA 4.5 109-05 : -0-10 GNMA 5.0 110-27 : -0-10 FHLMC 3.5 103-03 : -0-12 FHLMC 4.0 104-29 : -0-07 FHLMC 4.5 106-05 : -0-06 FHLMC 5.0 107-20 : -0-07 Pricing as of 3:59 PM EST Afternoon Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBS Live Dashboard . 12:48PM : Greece's Weekend Debt Swap Today's Big News There has been a lot of "noise" this week concerning various aspects of the Greek bailout, including a motley influx of headlines about an hour ago. The only market mover of the group is the news that the ECB is airlifting itself off the sinking...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Mortgage Rates Turn Higher Following Data, Greece Headlines - 4 hours ago
Posted To: Mortgage Rate WatchMortgages Rates reversed a recent trend of gradual improvement, moving higher today after a better-than-expected read on employment from this morning's Jobless Claims report as well as news that the ECB will swap out their Greek government bonds this weekend. 30yr Fixed Conventional Best-Execution Rates continue to operate in 3.875% territory on average, and the closing costs associated with those rates had been nearing the lower end of their historical range. While 3.875% Best-Execution remains intact today, the cost associated with obtaining them is higher on average. Additional reading: A previous post with more detailed discussion about Best-Execution calculations. This morning's Jobless Claims report showed 348k new claims this week versus an expectation of 365k. When data indicates that...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
CitiMortgage Settles "Brute Force" Suit for $153.8 Million - 5 hours ago
Posted To: MND NewsWireA lawsuit filed against CITIMORTGAGE, INC, a subsidiary of CITIBANK, N.A. was filed in the U.S. District Court for Manhattan on Wednesday and simultaneously settled for $158.3 million. The suit, brought by the U.S. Attorney that District on behalf of the Department of Housing and Urban Development (HUD), charged the company, a participant in the Direct Endorsement Lender program administered by the FHA, had engaged in risky lending which had caused HUD, FHA's parent, to incur losses on certain loans that the bank should never have originated. In the settlement CITIMORTGAGE "admits, acknowledges, and accepts responsibility" for certain conduct alleged in the Complaint including failing to comply with all HUD-FHA requirements with respect to certain loans and submitting certifications to the...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.