Monthly Archives: April 2014
Statement from Jarrod C. Grasso, CEO of the New Jersey Association of Realtors:
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- “Thank you to Sens. Allen, O’Toole and Van Drew for introducing this bipartisan legislation to repeal the burdensome realty transfer fee and help jumpstart New Jersey’s economy. We look forward to working with the Governor’s office and New Jersey’s legislators to identify general fund revenues for the numerous programs currently funded by the realty transfer fee.”
Study examines present-day policies and fiscal realities of zero energy, Living Buildings in Washington,...
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- The District of Columbia Department of the Environment today released the findings of a recent study detailing how the District, already home to more green buildings per capita than other large cities, can best craft policy and create incentives to build zero energy, zero water and Living Buildings
Seven new housing projects financed throughout state
SEATTLE, Wash. - April 30, 2014 - (RealEstateRama) -- Seven new developments will add affordable housing across the state, thanks to more than $54 million in housing credits allocated by the Washington State Housing Finance Commission.
State Housing Agency Announces Below-Market Interest Rate
Nashville, TN, - April 30, 2014 - (RealEstateRama) -- Just in time for Spring, Tennessee Housing Development Agency (THDA) has reduced its mortgage loan interest rate to 3.99% (5.71% APR).
CFPB Proposes Minor Changes to Mortgage Rules to Ensure Access to Credit
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) is proposing minor adjustments to its mortgage rules to ensure access to credit. The proposal includes two changes that would help certain nonprofit organizations continue to provide mortgage credit and servicing to underserved populations. The proposal also lays out limited circumstances where lenders that exceed the points and fees cap can refund the excess amount to consumers and still have the loan be considered a Qualified Mortgage.
District Agencies, Nonprofit, Host Educational Forum to Increase Awareness of Fair Housing Issues in...
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- Yesterday, the Equal Rights Center (ERC)—a national non-profit civil rights organization — hosted the 13th Annual D.C. Fair Housing Symposium in conjunction with the D.C. Office of Human Rights, the D.C. Department of Housing and Community Development, and the D.C. Developmental Disabilities Council
Moran Brings Member COLA Reform to House Floor
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- Representative Jim Moran, Northern Virginia Democrat, Ranking Member on the House Appropriations Interior Subcommittee and senior member of the Defense Appropriations Subcommittee, took to the House floor today to discuss his proposed amendment to the Legislative Branch Appropriations Bill for Fiscal Year 2015.
Oregon Housing and Community Services (OHCS) announces the closing of the Home Rescue Program
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- Homeowners should apply before July 1, 2014; Oregon is on track to commit the entire $220 M of federal foreclosure prevention dollars.
Urbana Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- A site with a long industrial history in Urbana has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP).
Greene County Home Improvement Contractor Indicted on Felony Charges
XENIA, Ohio - April 30, 2014 - (RealEstateRama) -- Ohio Attorney General Mike DeWine and Greene County Prosecutor Stephen K. Haller today announced the indictment of James Urso on felony theft charges relating to his home improvement businesses.
Governor Cuomo Deploying Mobile Command Center to Long Island to Deliver Foreclosure Prevention Help...
Albany, NY - April 30, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo announced today the deployment of the Department of Financial Services’ (DFS) Mobile Command Center (MCC) to Long Island to provide foreclosure prevention assistance to homeowners. DFS representatives will be available to meet homeowners in the MCC from 11 a.m. to 7 p.m., Wednesday, April 30 at Town of Hempstead Municipal Lot, 400 Uniondale Avenue, across from the Uniondale Library, in the Town of Hempstead.
BOXER, SCHUMER: REVERSE MORTGAGE COMPANIES THREATENING HEIRS OF DECEASED HOMEOWNERS WITH FORECLOSURE UNLESS THEY...
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA) and Charles Schumer (D-NY) today sent a letter to Secretary Shaun Donovan of the U.S. Department of Housing and Urban Development (HUD) asking him to enforce the rules for reverse mortgages to help prevent families from being forced into foreclosure after inheriting a home following the death of a loved one.
Johanns Statement on Housing Finance Reform Markup
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- U.S. Sen. Mike Johanns (R-Neb) today applauded the intense work being done to put final touches on bipartisan legislation to protect taxpayers from future bailouts of the housing market. Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-Idaho) plan a committee vote Thursday on the bill
Mayor Lee Highlights Housing Progress in San Francisco
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- Mayor Edwin M. Lee today at the grand opening of the Rene Cazenave Apartments, highlighted the City’s progress toward his ambitious housing goal of bringing 30,000 new and rehabilitated homes to the City by 2020, with at least one-third of those permanently affordable, and the majority within financial reach of the middle class. In the first quarter of 2014, 2,123 housing units opened to provide new homes to families in San Francisco, with 24 percent of those units permanently affordable to low-income households
Rebuilding Together Announces Gail Fuller as Vice President of Communications and Marketing
Washington, D.C., - April 30, 2014 - (RealEstateRama) -- Rebuilding Together, a national nonprofit with a vision of a safe and healthy home for every person, announced today that, following an extensive nationwide search, Gail Fuller has joined the team as its new Vice President of Communications and Marketing. Fuller will oversee the development and implementation of Rebuilding Together’s overall communications and marketing strategy.
WARBURG REALTY(r) APPOINTS TWO NEW AGENTS
New York - April 30, 2014 - (RealEstateRama) -- Warburg Realty(r), one of Manhattan's leading residential real estate companies, today announced Annette DeLara and Rodrigo Retamoza have joined the firm as licensed real estate salespersons
USDA Rural Development Announces Home Loan Availability
ST. PAUL, Minn. - April 30, 2014 - (RealEstateRama) -- USDA Rural Development State Director Colleen Landkamer today announced the availability of funding for low-interest home loans for individuals and families looking to achieve homeownership.
CONSTRUCTION OFFICIAL: ADMINISTRATION’S TRANSPORTATION MEASURE WILL SPEED UP ACTION ON MUCH-NEEDED NEW HIGHWAY &...
WASHINGTON, D.C. - April 30, 2014 - (RealEstateRama) -- The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the Obama administration's release today of proposed surface transportation legislation that would provide an estimated $302 billion for highway, bridge and transit construction over a four-year period:
Westwood Financial Corp. Announces Opening of Flower Child at Camelback Village
PHOENIX - April 30, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., has announced that Flower Child, a farm-fresh fast-casual restaurant, has opened at the firm’s Camelback Village shopping center in Phoenix.
Affordable Housing Pioneer Set to Speak at Rainbow Housing’s Event
PHOENIX - April 30, 2014 - (RealEstateRama) -- Rainbow Housing Assistance Corporation, a nonprofit organization that provides service-enriched housing programs throughout the country, has selected affordable housing icon David A. Smith, whose work has impacted thousands of residents in 12 countries, to address Rainbow’s Annual Service Awards on May 1 in Phoenix.