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June 14, 2025 – Call to Action: RIMBA Members: Tell Your Assemblymember to Oppose an Increase in the Real Estate Conveyance Tax in the FY2026 Budget

  Dear RIMBA Members: Your help is needed now to oppose a provision in the proposed state budget (FY2026) being advanced by the House that would increase the residential real estate conveyance tax on all home purchases by 63 percent.   The House Finance Committee has already approved the bill earlier this week (June 10), and we must act now to stop it ahead of a vote of the full House NEXT WEEK on Tuesday, June 17.   In the bill, the Rhode Island real estate conveyance tax for “Tier 1” … [Read more...]

“Province Mortgage Associates Begins 20th Anniversary in 2025 Attracting New Talent in Underserved Markets!”

The Province Mortgage Associates journey has been a story of sound strategy, survival, and devotion. Since President, David Currie opened the doors in 2005, Province has always invested in having Spanish speaking mortgage professionals on the roster to serve this fast-growing market. Fresh off the milestone of surpassing 3,000 Five-Star reviews last year, July of 2025 will officially mark the company’s 20th year in business, and as the Province family continues their celebration during this … [Read more...]

What you need to know about the Rotary

By Doug Gablinske President, AppraiseRI I have been a member of the Bristol Rotary for almost 30 years and made many friends and contacts through those years.  I have not always been faithful in my time to Rotary but always came back to it. Rotary is a Happy Place for me! I like what we do and how we do it. We meet every other week for lunch at a local restaurant and you get to break bread and converse with people you may not see often, or new members joining the club. The … [Read more...]

Shakeup at the State House: Ruggerio picks new majority whip 1.3.25

Katherine Gregg, Providence Journal | USA TODAY NETWORK PROVIDENCE – After weeks of behind the scenes intrigue, Senate President Dominick Ruggerio has picked a new No. 3 for his top leadership team: Sen. David Tikoian of Smithfield, a retired major in the Rhode Island State Police. Ruggerio picked Tikoian to be the new Senate 'majority whip,' which in effect makes him the chief nose-counter before bills are put to a vote. It also gives him a title that matches his role in Ruggerio’s realm: … [Read more...]

RIMBA Helping Rhode Islanders Get Back to Work with CCRI Partnership

The Rhode Island Mortgage Bankers Association is helping Rhode Islanders get back to work through a new partnership with CCRI and the Rhode Island Department of Labor & Training. Last fall, after Rhode Island’s economy had shed thousands of jobs, we launched a mortgage processing course to give students a foundational understanding of loan production, underwriting, secondary marketing, warehousing, and servicing functions in the mortgage industry. The course is training the next … [Read more...]

Province Mortgage 9.28.20

Province Mortgage Associates is Growing with the Hiring of New Processing Manager, Dawn Vacca! Province Mortgage Associates is excited and proud to announce the hiring of Dawn Vacca as their new Processing Manager! With 2020 shaping up to be a record-setting year with company loan closings as of September already exceeding last year’s totals, the timing could not be better for a professional with her level of expertise to join the growing Province Team. Over her 20+ year career, Dawn has … [Read more...]

RIMBA Announces Consumer Ad Campaign

Warwick, R.I. (May 11, 2020) – The Rhode Island Mortgage Bankers Association is pleased to announce that a new national consumer ad campaign has been launched to help consumers facing financial hardships as a result of the COVID-19 pandemic. The ads also explain how the mortgage industry is working to assist consumers amid these economic difficulties. The ads are running in Politico, USA Today, and the Washington Post. Information for consumers can also be viewed on … [Read more...]

First Home Mortgage 3.2.20

First Home Mortgage Corporation is a licensed, full service, residential lender. For over 30 years, we’ve provided home financing solutions to home buyers; taking the time to understand the needs of our clients in order to accomplish their goal of homeownership. Our History Beginning with two offices and a handful of employees, First Home was dedicated to staying local and remaining independent. At present, we’ve grown into a financial institution of over 400 employees, licensed in 21 … [Read more...]

Sierra Pacific Mortgage 12.9.19

Sierra Pacific Mortgage, with headquarters in Folsom, California, provides quality mortgage lending services throughout the United States. Jim Coffrini is our company's President and has steered the company's vision and success since its inception. Very simply put: Promises Made, Promises Kept. Incorporated in 1986, we are a privately held company and have originated and purchased billions of dollars in residential loans. Licensed in 49 states, our high company production levels and access to … [Read more...]