Independent Foreclosure Review Payments Near $1.7 Billion

WASHINGTON, D.C. – May 7, 2013 – (RealEstateRama) — More than 1.8 million people have cashed or deposited nearly $1.7 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 2, 2013.

National Government and Public Real Estate News

ANCHORAGE, AK – May 22, 2013 – (RealEstateRama) — Alaska Housing Finance Corporation (AHFC) is moving forward with its plan to go smoke-free in its larger multi-family units with tenants who are elderly or have a disability.


LOS ANGELES, CA – May 22, 2013 – (RealEstateRama) — Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today


WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — Mayor Thomas M. Menino today gave a full progress update on Boston’s innovation center, and revealed the name of the building under construction at 75 Northern Avenue on the South Boston Waterfront. District Hall will play a central role in the social infrastructure of the growing Innovation District and will serve as a home base for entrepreneurs to make connections, build relationships, and convene programs and events.


West Hartford, CT – May 22, 2013 – (RealEstateRama) — The Connecticut Real Estate Investors Association, or CT REIA, in association with Reggie Brooks, Al Lowry, and Bill Gatten is announcing the Millionaire Summit for real estate investors on June 1-2, 2013. This meeting will take place from 8:30 am to 5:00 pm at the Four Points Sheraton, located at 275 Research Parkway in Meriden, CT


Albany, NY – May 22, 2013 – (RealEstateRama) — Governor Andrew M. Cuomo will deploy representatives of the Department of Financial Services (DFS) to help Nassau County homeowners and business owners apply for federal recovery aid for Superstorm Sandy losses on Wednesday and Thursday. DFS will also offer insurance-related help to Staten Islanders on Friday and Saturday.


Albany, NY – May 22, 2013 – (RealEstateRama) — The New York State housing market continued to build on its early 2013 momentum with April gains in closed sales, median price and pending sales, according to the housing market report released today by the New York State Association of REALTORS. April 2013 closed sales for existing single-family homes, townhomes and condos were up 8.5 percent compared to April 2012, while the median price and pending sales rose 10 percent and 19 percent, respectively. Year-to-date closed sales are 5.4 percent ahead of the first four months of 2012


WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — Attorney General Peter F. Kilmartin today reported on the progress made by the nation’s five largest mortgage service providers to assist Rhode Island homeowners under the National Mortgage Settlement. According to data provided by the five banks that are parties to the Settlement, through March 31, 2013, approximately 2,064 homeowners in Rhode Island have received relief in the form of first and second lien modification forgiveness, short sales, principal refinancing and other forgiveness programs, with an aggregate amount of relief/benefit or $150 million, or $72,708 average benefit per homeowner


Washington, D.C. – May 22, 2013 – (RealEstateRama) — Today, Reps. David B. McKinley, P.E., (R-WV) and Grace Napolitano (D-CA), reintroduced the Safe Housing for Homeless Veterans Act (H.R. 2065), a bill that would require veterans’ homeless shelters to meet building and fire codes.


DENVER – May 22, 2013 – (RealEstateRama) — Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, has received an update on the consumer relief activities the five banks that are parties to the Settlement reported through March 31, 2013. The banks sent these reports to each state that is party to the Settlement with copies to the Monitor and the Monitoring Committee.


BOSTON, MA – May 22, 2013 – (RealEstateRama) — Massachusetts homeowners have received more than $637 million in total consumer relief during the first full year since the National Mortgage Settlement, according to numbers provided by the five major banks. The self-reported data includes raw numbers about completed relief and ongoing trial loan modifications that have not yet been audited by the National Monitor for compliance with the court ordered settlement.


CHICAGO, IL – May 22, 2013 – (RealEstateRama) — If your home was damaged by the spring floods and you are beginning to make repairs, you can get advice on how to rebuild stronger, safer and smarter.


WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors®.  All regions are showing strong price gains from a year ago. more »


WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — The ShopHomeInsurance.net is one of the largest Home insurance companies in the United States. To thousands of our customers — businesses, groups and individuals — The ShopHomeInsurance.net logo is a trusted symbol of dependability. The ShopHomeInsurance.net is a leading provider of Home Insurance Quotes Comparison Service.


EUGENE, OR – May 22, 2013 – (RealEstateRama) — IDX, Inc. is pleased to announce San Francisco, California real estate broker Michael Mazzocone as the latest realty professional to adopt a customizable IDX solution. His website now hosts a dynamic search page that seamlessly integrates thousands of San Francisco MLS (SFARMLS) listings to his HillScape Properties, Inc. website. Potential buyers throughout the California region can experience an online property search comparable to none, on the IDX-enabled website Mazzocone now supports


EUGENE, OR – May 22, 2013 – (RealEstateRama) — Chestnut Hill, Massachusetts real estate agent Christopher Dallas has become the latest professional to integrate the dynamic IDX Broker software onto his professional website, creating a helpful and simple search page for Massachusetts home seekers. Massachusetts MLS Property Info Network (MLSPIN) listings are seamlessly linked to the search page Dallas employs, giving him the ability to display thousands of listings on his convenient and easy-to-use Claremont Park Properties website.


EUGENE, OR – May 22, 2013 – (RealEstateRama) — With thousands of properties being updated every day, real estate professional Serena Jones of Serene Living AZ Realty has integrated the revolutionary IDX Broker software onto her website, in an effort to simplify the online real estate search in Mesa, Arizona. She can now seamlessly display thousands of Arizona Regional MLS (ARMLS) listings online, creating a comprehensive database of property listings for buyers to search through. IDX Broker has forever changed the way Arizona buyers experience an online real estate solution.


EUGENE, OR – May 22, 2013 – (RealEstateRama) — IDX, Inc. is pleased to announce James Telaroli of Axis Realty has chosen to employ the powerful and innovative IDX Broker software on his professional website. As a member of the Wasatch Front Regional MLS (WFRMLS), Telaroli, like many other real estate agents and brokers, can search through thousands of Alpine, Utah listings. Now, clients of Telaroli can experience the same accessibility and ease when scanning WFRMLS properties, all on the convenient real estate website and search page Telaroli hosts.


EUGENE, OR – May 22, 2013 – (RealEstateRama) — Mammoth Lakes, California real estate professional Lauren Tracy has revolutionized her website with the dynamic IDX Broker software. She now hosts thousands of property listings directly on her website, thanks to her partnership with IDX, Inc. and Mammoth Lakes MLS (MLBOR). The IDX solution Tracy supports automatically extracts raw listing data from the MLBOR database and integrates them onto her page, providing home seekers with a dynamic and comprehensive group of listings to help them find their dream home.


WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — Mercy Housing California is accelerating its efforts to improve the standard of living of low-to-moderate income affordable housing residents by creating new financial models for the funding of additional services


WASHINGTON, D.C. – May 22, 2013 – (RealEstateRama) — Today, in reaction to the National Mortgage Settlement Monitor’s latest quarterly update, NCRC President and CEO John Taylor made the following statement:

“The latest Settlement Monitor’s update shows that many homeowners are receiving relief in the form of principal reduction, which is a very positive thing. It is good to see that the banks are stepping up in their adherence to their obligations under the settlement. At the same time, while substantial progress has been made, it’s clear that more needs to be done. More borrower relief is essential to prevent foreclosures and to help stabilize the housing market. We look forward to more principal reductions and other meaningful relief for consumers.” more »


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