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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: Snowball Buying As Fedspectations Team Up With Euro-Drama - 3 hours ago
Posted To: MBS CommentaryMBS Live : MBS Afternoon Market Summary Two of our favorite made-up terms joined forces today to carry MBS to yet another all-time high and 10yr yields to the high 1.6's! The day looked as if it would be a deceleration in terms of volume and volatility this morning, but we turned out to be quite wrong about that, although rates moved in the right direction for MBS watchers. The culprits were overnight headlines in Europe that noted a similar "run on the bank" going on in Spain as the one just seen in Greece. Even if the news and events themselves weren't responsible for subsequent all-time lows in German Bund yields, they certainly reminded investors that there are bigger fish to fry regardless of how Greece plays out. Then there was the Philly Fed data, which in and of itself, isn't cause...(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 Officially Hit New All-Time Lows! - 5 hours ago
Posted To: Mortgage Rate WatchMortgage Rates hit new all-time lows today. In most cases, lenders' offerings are just slightly better across the board than they were in late January, the last time we officially noted "new all-time lows," though some lenders are not quite back to their previous best levels. A much weaker-than-expected reading on a widely followed report on business conditions in the mid-Atlantic region gave rates markets a bit of an early jolt lower. From there, an absence of additional data gave way to technical momentum, helping rates even lower. Markets are facing tremendous uncertainty over the eventual outcome of Greek elections in June as well as the fate of the Spanish banking sector. Today, Spain saw their own version of the "run on banks" that occurred in Greece yesterday, reminding traders that...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
NAHB, NAR Agree, Homes Never More Affordable - 8 hours ago
Posted To: MND NewsWireFor the second time in a week a national housing trade organization has shown that purchasing a home is now within the reach of a record number of Americans. On Tuesday the National Association of Realtors® (NAR) published its affordability index indicating the purchasing power of American households had broken through 200 on its index for the first time in its history. Today the National Association of Home Builders (NAHB) and Wells Fargo released their Housing Opportunity Index (HOI) which showed that 77.5 percent of all new and existing homes sold in the first quarter of 2012 were affordable to families earning the national median income. This is up from 75.9 percent in the fourth quarter of 2011. While NAR used a national median income of just under $61,000 the one used by the NAHB...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.