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Monthly Archives: March 2014

Rebuilding Together Launches National Rebuilding Month in April

Over 3,000 home repair projects to be completed by more than 50,000 volunteers across the country. WASHINGTON, March 27, 2014 /3BL Media/ – Rebuilding Together,...

U.S. District Court of Rhode Island Affirms Validity of MERS Assignment

Reston, Virginia, - March 31, 2014 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that the U.S. District Court for the District of Rhode Island affirms validity of a MERS assignment of mortgage and finds the mortgagor lacks standing to challenge the validity of the assignment because his allegations, at best, simply allege voidable defects

PRIVATE LENDERS, USDA HELPED RECORD NUMBER OF TENNESSEE FAMILIES ACHIEVE HOMEOWNERSHIP IN 2013

Knoxville, Tenn., - March 31, 2014 - (RealEstateRama) -- USDA Rural Housing Administrator Tony Hernandez announced today that the agency's home loan-guarantee program reached a record high in Tennessee as private lenders used the program to help 6,913 families and individuals buy a home in rural areas of the State during fiscal year 2013. The total private/public investment topped $846 million in rural Tennessee communities.

CONSTRUCTION EMPLOYMENT INCREASED IN 37 STATES FROM A YEAR AGO AND IN 30 STATES...

WASHINGTON, D.C. - March 31, 2014 - (RealEstateRama) -- Florida Racks up the Largest Percentage and Total 12-Month Gains, West Virginia and Indiana Have Biggest Declines; Wyoming and California Top Monthly Rankings, While Kansas and Ohio Shed the Most Jobs
U.S. Senate Committee on Banking, Housing and Urban Affairs

JOHNSON, CRAPO ANNOUNCE HOUSING FINANCE REFORM MARKUP

Washington, DC - March 31, 2014 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-ID) announced the Committee will markup bipartisan housing finance reform on Tuesday, April 29, 2014 at 10:00 A.M.

GOV. MALLOY RELEASES MAJOR REPORT OUTLINING PLANS TO SUPPORT STATE’S AFFORDABLE HOUSING PORTFOLIO OVER...

HARTFORD, CT - March 31, 2014 - (RealEstateRama) -- Governor Dannel P. Malloy today unveiled a major report outlining his plans to utilize $300 million in funding over the next 10 years to revitalize the more than 340 properties – consisting of more ...

HUD Properties Available for Homeless Services

WASHINGTON, D.C. - March 31, 2014 - (RealEstateRama) -- In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the March 28, 2014, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in California, Illinois and Washington.

USDA HOUSING ADMINISTRATOR VISITS EASTERN KENTUCKY, JOINS CONGRESSMAN ROGERS IN FUNDING ANNOUNCEMENT FOR COMMUNITY...

Barbourville, Ky., - March 28, 2014 - (RealEstateRama) -- USDA Rural Housing Service Administrator Tony Hernandez and Kentucky Rural Development State Director Thomas Fern joined Congressman Hal Rogers today to announce $23 million in USDA funding for the Knox County Hospital District

Aging of Baby Boom generation creates urgent housing challenge

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- As the Baby Boom generation ages, the number of older adults living in America will double by 2050, with nearly 19 million of those adults age 85 or older. While the needs of this older adult population continue to grow and change, the current paradigm of care—institutional settings like nursing homes and assisted living facilities—is an inflexible and expensive way of caring for older adults with physical limitations or chronic health conditions. According to a new report, Aging in Every Place: Supportive Service Programs for High and Low Density Communities, home- and community-based services are a cost-effective strategy that can solve this challenge by helping older adults maintain their quality of life as they age in their homes, whether those homes are in cities, suburbs, or rural America

NAHB Reveals Most Popular Features Found in New Homes

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- uring New Homes Month in April, the National Association of Home Builders (NAHB) is sharing with home buyers the most popular features in new single-family homes in 2014. Builders from across the country were surveyed on what features they were most likely to include in a typical single-family home this year, revealing that convenience, livability and energy efficiency are top priorities.

ASHRAE Joins NAHB and ICC to Develop New National Green Building Standard

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB), building science society ASHRAE and the International Code Council (ICC), developers of the ICC Family of Codes for the built environment, today agreed to jointly develop the 2015 edition of the ICC/ASHRAE 700 National Green Building Standard. This is the third edition of the standard and the first time that ASHRAE has partnered on its development

NLIHC Applauds Representative Waters’ Housing Finance Reform Bill that Provides Significant New Revenue for...

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- The National Low Income Housing Coalition applauds Representative Maxine Waters (D-CA) for her support of the National Housing Trust Fund in her bill, the “Housing Opportunities Move the Economy Forward Act of 2014 (HOME Forward),” which she released in discussion draft today. Ms. Waters is the Ranking Member on the House Financial Services Committee.

Las Vegas Region February Home Sales

Las Vegas - March 27, 2014 - (RealEstateRama) -- area homes sold at the slowest pace for a February in five years as the inventory of homes for sale remained tight and some buyers faced credit and affordability challenges.

Twelve Innovative Structural Steel Building Projects Earn National Awards

Chicago, IL - March 27, 2014 - (RealEstateRama) -- Twelve structural steel building projects have earned national recognition in the 2014 Innovative Design in Engineering and Architecture with Structural Steel awards program (IDEAS2). Conducted annually by the American Institute of Steel Construction (AISC), the IDEAS2 awards recognize outstanding achievements in engineering and architecture on steel-framed building projects throughout the U.S. The award is the highest honor bestowed on building projects by the structural steel industry in the U.S. and recognizes the importance of teamwork, coordination and collaboration in fostering successful construction projects

Former Real Estate Broker Arrested on Fraud Charges

BOSTON - March 27, 2014 - (RealEstateRama) -- A Mansfield man was arrested Monday and arraigned in U.S. District Court in Boston on Tuesday, March 24 on charges that he defrauded a married couple out of nearly $200,000 in connection with alleged real estate transactions

FHFA Announces $9.3 Billion Settlement With Bank of America Corporation;

WASHINGTON, D.C. - March 27, 2014 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced it has reached a settlement in cases involving Bank of America, Countrywide Financial, Merrill Lynch, and certain named individuals totaling approximately $5.83 billion. Bank of America Corporation owns Countrywide and Merrill Lynch. The cases alleged violations of federal and state securities laws in connection with private-label, residential mortgage-backed securities (PLS) purchased by Fannie Mae and Freddie Mac between 2005 and 2007. Allegations of common law fraud were made in the Countrywide and Merrill Lynch cases

FHFA Index Shows Mortgage Interest Rates Decrease Slightly in February

WASHINGTON, D.C. - March 27, 2014 - (RealEstateRama) -- National data shows interest rates on mortgages decreased in February. Contract mortgage interest rates decreased 0.07 percent from January to February, according to an index of new mortgage contracts

February Pending Home Sales Continue Slide

WASHINGTON, D.C. - March 27, 2014 - (RealEstateRama) -- Pending home sales declined for the eighth straight month in February, according to the National Association of Realtors®. Modest increases in the Midwest and West were offset by declines in the Northeast and South; all regions are below a year ago.

Education, Business and Environmental Leaders Call for Action to Ensure Universal Sustainability Literacy in...

WASHINGTON, D.C. - March 26, 2014 - (RealEstateRama) -- Today, the Center for Green Schools at the U.S. Green Building Council, together with global education leader Houghton Mifflin Harcourt (HMH), released aNational Action Plan for Educating for Sustainability, a call for action to ensure that Education for Sustainability (EfS) is accessible to all students across the United States. The plan outlines a robust goal for all 50 states to adopt a comprehensive green schools policy that includes a graduation requirement around sustainability literacy by 2040

Home Heating Emergency Assistance Legislation Signed Into Law

WASHINGTON, D.C. - March 26, 2014 - (RealEstateRama) -- U.S. Senate Republican Leader Mitch McConnell announced today the bipartisan House bill he helped shepherd through the Senate to extend propane deliveries was signed into law. The Home Heating Emergency Assistance Through Transportation (HHEATT) Act of 2014 provides relief during propane shortages and interruptions by allowing the continuation of expedited propane deliveries

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

U.S. Senator Roger Marshall

Senator Marshalls Slams United Nations Climate Change Goals That Will Harm...

U.S. Senator Roger Marshall, M.D. released the following statement on the United Nations Net-Zero Banking Alliance’s (NZBA) decision to dramatically expand their Green New Deal