Archive for June, 2008

RE Investment Broker - Jul 7, 14, 21, & 28, 2008

Real Estate Investment
This course will cover the fundamentals of real estate value, forms of ownership, taxation, financing and cash flows and projections as they apply to real estate investment. The mathematical concepts of ‘time value of money’ and ‘six functions of a Dollar’ will be introduced. This course satisfies 2 of the core credits necessary […]

HEAP SUMMER CRISIS PROGRAM BEGINS JULY 1

Columbus, OH — Lieutenant Governor Lee Fisher today announced that funding to assist eligible households with summer cooling costs through the Home Energy Assistance Program (HEAP) Summer Crisis Program is available beginning on July 1, 2008, through Aug. 31, 2008.

Clinton Legislation Would Protect Consumers from Expanded Banking Powers Over the Real Estate Market

WASHINGTON, DC - Senator Hillary Rodham Clinton applauded the House Appropriations Committee’s passage of the Community Choice in Real Estate Act which was included in the FY 2009 Financial Services and General Government Appropriations bill. The original legislation was introduced by Senator Clinton and is cosponsored by 22 Senators.

Woman Pleads Guilty to Money Laundering for Assisting Boyfriend in $3 Million Mortgage and Investment Scams

TRENTON - Attorney General Anne Milgram and Acting Criminal Justice Director Deborah Gramiccioni announced that a Monmouth County woman pleaded guilty to money laundering today in connection with a series of mortgage and investment scams allegedly orchestrated by her boyfriend through which they stole more than $3 million from victims.

HUD CHARGES ALABAMA MOBILE HOME PARK OWNERS WITH DISCRIMINATING AGAINST FAMILIES WITH CHILDREN

WASHINGTON – The U.S. Department of Housing and Urban Development announced today that it has charged Pina and Arthur Witherington, joint owners, agents and managers of Pina’s Mobile Home Park in Daphne, Alabama, with discriminating against families by charging additional rental fees to families with children, and limiting the number of children allowed to occupy […]

HUD ACCEPTS $350 MILLION MISSISSIPPI PLAN TO PRODUCE THOUSANDS OF AFFORDABLE HOUSING UNITS FOR WORKING FAMILIES

Mississippi will solicit bids to build approximately 12,000 homesWASHINGTON – U.S. Housing and Urban Development Secretary Steve Preston today accepted a $350 million plan by the State of Mississippi to produce thousands of affordable housing units for working families who continue to experience a chronic housing shortage in the State.

FHA AND MINNESOTA HOUSING FINANCE AGENCY SIGN AGREEMENT TO HELP MORE MINNESOTANS ACCESS SAFER GOVERNMENT-INSURED MORTGAGES

Minneapolis- HUD’s Federal Housing Administration and the Minnesota Housing Finance Agency (HFA) today announced a first-of-its-kind agreement to promote safer, affordable government-insured mortgages. The Memorandum of Understanding (MOU) forges a working relationship and commitment by the federal and state government to help Minnesotans continue to access safer and more secure FHA-insured mortgages.

Florida Existing Home Sales Improve in May

ORLANDO, Fla., – Florida Realtors® statewide continued to report positive signs in their local housing markets, with an uptick in existing home and condominium sales in May 2008 from April, according to the latest housing statistics released by the Florida Association of Realtors® (FAR).

Stevens Bolsters Fleet and Improves Housing for Coast Guard in Homeland Security Bill

Legislation Also Protects Aviators and Provides for Rural Firefighters
WASHINGTON, D.C. – The Senate Appropriations Committee today approved the Fiscal Year (FY) 2009 Homeland Security Appropriations bill, which includes a series of provisions secured for Alaska by Senator Ted Stevens (R-Alaska). Senator Stevens, the most senior Republican on the Committee, worked with Senators from both parties […]

Alabama Home Sales Increase in May

May 2008 home sales in Alabama increased 14.20 percent from the prior month. As anticipated within the industry, year—over—year sales remain below seasonal norms with total statewide home sales of 4,569 units during May, a decline of 22.81 percent representing 1,350 fewer homes sold compared to May of last year.