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Tim Lange Joins CSBS Mortgage Team
August 17, 2008 Posted by RealEstateRama
WASHINGTON, D.C. - August 17, 2008 - (RealEstateRama) — The Conference of State Bank Supervisors announces the addition of Timothy J. Lange as Policy Analyst in its mortgage division. In this position, he will facilitate working groups of state regulatory agency staff and industry users in developing policies and procedures necessary in fully developing the Nationwide […]
First-Time Home Buyer Tax Credit Will Help Stimulate Housing Market
August 17, 2008 Posted by RealEstateRama
August 17, 2008 - (RealEstateRama) — The nation’s home builders are confident that a new temporary $7,500 tax credit for first-time home buyers included in a landmark housing bill enacted into law last week will get buyers back into the marketplace and help end the current cyclical downturn in the housing industry.
REALTORS Recognized for Increasing Affordable Housing
August 15, 2008 Posted by RealEstateRama
WASHINGTON - August 15, 2008 - (RealEstateRama) — The city of Asheville, N.C., has been named an Ambassador City by the National Association of Realtors® and the U.S. Conference of Mayors for expanding affordable housing.
DOE to Invest up to $24 Million for Breakthrough Solar Energy Products
August 14, 2008 Posted by RealEstateRama
Twelve Industry Teams Partner with DOE to Advance Integration of Solar Energy Systems into Electrical Grid
WASHINGTON - August 14, 2008 - (RealEstateRama) — U.S. Department of Energy (DOE) Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy John Mizroch announced today that DOE will invest up to $24 million in Fiscal Year 2008 and beyond—subject […]
Ninth Defendant in D.C. Property Tax Refund Fraud Scheme Pleads Guilty
August 14, 2008 Posted by RealEstateRama
Real estate agent and graphics designer participated in theft and laundering of over $600,000 from fraudulently obtained property tax refund checks; used graphics design skills to assist with cover-up of fraud scheme; conspired with OTR employees to commit mortgage fraud
Washington, D.C. - August 14, 2008 - (RealEstateRama) — Alethia Olivia Grooms, 52, of Clinton, Maryland, […]
Survey Shows Home Buyers Responding to Lower Metro Prices
August 14, 2008 Posted by RealEstateRama
WASHINGTON, August 14, 2008 - (RealEstateRama) — Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of Realtors®.
From Helping Families Cope with Debt to Improving Their Credit and Ability to Afford Homes, State Farm and NeighborWorks Mark 30 Years of a Unique Partnership
August 12, 2008 Posted by RealEstateRama
Washington, D.C. - August 12, 2008 - (RealEstateRama) — A single mother of two disabled children receives help to untangle her credit problems, obtains down payment assistance and a 30-year mortgage to buy her first home.
Remdeling Market Remained Sluggish In Second Quarter
August 12, 2008 Posted by RealEstateRama
August 12, 2008 - (RealEstateRama) — Residential Remodeling activity remained sluggish during the second quarter of 2008, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). The current market conditions indicator rested at 41.8, the same level as the first quarter, while the future expectations measure rose slightly to 38 from […]
PNC Multifamily Approved By Freddie Mac as Fully Delegated Lender
August 11, 2008 Posted by RealEstateRama
McLean, VA - August 11, 2008 - (RealEstateRama) — Freddie Mac announces that PNC MultiFamily Capital has become the third lender approved to enter into a fully delegated relationship with Freddie Mac under the Freddie Mac Delegated Underwriting for Targeted Affordable HousingSM model.
Apartment Demand Holding Up, But Financial Crisis Hurts Capital Availability According To National Multi Housing Council Survey
August 8, 2008 Posted by RealEstateRama
WASHINGTON, DC - August 8, 2008 - (RealEstateRama) — The ongoing turmoil in the financial markets is affecting the apartment sector, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey. Overall apartment demand is holding up fairly well in the face of a sluggish economy, though there was a small decline in market […]