RealEstateRama

WASHINGTON, D.C. - May 24, 2013 - (RealEstateRama) -- Deirdre M. Daly, Acting United States Attorney for the District of Connecticut, announced that DANIEL MONTEIRO, 34, of Wolcott, waived his right to indictment and pleaded guilty today before United States Magistrate Judge Donna F. Martinez in Hartford to one count of conspiracy to commit bank fraud, wire fraud, and money laundering stemming from a mortgage fraud scheme.

WASHINGTON, D.C. - May 24, 2013 - (RealEstateRama) -- New Buildings Institute (NBI) today announced that Ralph DiNola has been named the organization's new executive director. The nonprofit NBI acts as a technical resource working to improve energy performance in commercial buildings, including promoting advanced design practices and technologies as well as development of public policies and program strategies that reduce energy use

WASHINGTON, D.C. - May 23, 2013 - (RealEstateRama) -- Themed “A Celebration of Collaboration. Innovation. Transformation,” the Housing Association of Nonprofit Developer’s (HAND) 22nd Annual Meeting & Expo will host more than 1,000 affordable housing experts and over 75 exhibitors from Washington, D.C., Maryland and Virginia. This SOLD OUT event is a recognized platform for federal and local housing finance agencies, banking, government, public policy and community development professionals to open the dialogue on the latest issues and hot topics needed to increase the affordable housing supply in the metropolitan region

WASHINGTON, D.C. - May 23, 2013 - (RealEstateRama) -- While Congress considers legislation that would enable FHA to swiftly implement reforms to help stabilize the HECM program, members of the Housing and Insurance Subcommittee voiced concerns during a hearing last week about the projected losses attributed to HECM and whether FHA should continue playing a role in the reverse mortgage business

ORANGETOWN, NY - May 23, 2013 - (RealEstateRama) -- Bloomberg L.P. has signed a lease for a new 131,805 square foot build-to-suit data center facility in Orangetown, NY. The single-tenant turnkey data center is being developed by a joint venture partnership of Russo Development and Sentinel Data Centers, which will retain ownership of the property.

CHICAGO, IL - May 23, 2013 - (RealEstateRama) -- Leading Real Estate Companies of the World^® has selected VoicePad^® as a preferred provider through its Solutions Group program, which presents choice business tools to its international network of more than 500 leading real estate firms.

WASHINGTON, D.C. - May 23, 2013 - (RealEstateRama) -- The Homeless Emergency Assistance and Rapid Transition to Housing Act of 2009 (HEARTH Act), enacted into law on May 20, 2009, consolidates three of the separate homeless assistance programs administered by HUD under the McKinney-Vento Homeless Assistance Act into a single Continuum of Care program; revises the Emergency Shelter Grants program and renames this program the Emergency Solutions Grants program; and creates the Rural Housing Stability Assistance Program (RHSP) to replace the Rural Homelessness Grant program.

WASHINGTON, D.C. - May 23, 2013 - (RealEstateRama) -- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA).

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 addi...

WASHINGTON, D.C. - May 22, 2013 - (RealEstateRama) -- The Lawyers' Committee for Civil Rights Under Law (Lawyers' Committee)has filed a lawsuit in Los Angeles County, California against a network of for-profit loan modification companies on behalf of eight California homeowners. The suit alleges that defendants defrauded vulnerable homeowners out of tens of thousands of dollars by falsely promising to obtain—for substantial upfront fees—much-needed mortgage modifications on the homeowners’ behalf, but consistently failing to deliver results. Attorneys in the Los Angeles office of Arnold & Porter LLP are providing pro bono counsel on the case

WASHINGTON, D.C. - May 22, 2013 - (RealEstateRama) -- Members of the Financial Institutions and Consumer Credit Subcommittee expressed concerns at a hearing today that the Qualified Mortgage rule mandated by the Dodd-Frank Act will reduce access to credit that qualified borrowers need to buy homes

AUSTIN, TX - May 21, 2013 - (RealEstateRama) -- According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), the volume of Austin-area home sales continues to rise as April became the 23rd straight month of year-over-year sales volume increases, and April saw its most home sales since 2004.

ATLANTA, GA - May 21, 2013 - (RealEstateRama) -- New Urbanism visionary Andres Duany, one of world's most influential architects and urban planners, will address the National Association of Real Estate Editors’ 47th Annual Real Estate Journalism Conference in Atlanta in early June.

WASHINGTON, D.C. - May 21, 2013 - (RealEstateRama) -- Chairman Johnson, Ranking Member Crapo, and members of the Committee, thank you for the opportunity to testify today regarding the Financial Stability Oversight Council’s (Council) 2013 annual report.

CAMBRIDGE, MD - May 21, 2013 - (RealEstateRama) -- Wesley Cox, CCIM, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD recently sold several assets of America, Ltd, a warehousing and real estate holding company. Wesley Cox worked in collaboration with the Law Office of Lori Simpson, LLC, the Trustee appointed by the Bankruptcy Court to sell the assets in conjunction with the plan put forth by the Bankruptcy Court

Reston, Virginia - May 21, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that Judge Thomas Rice of the U.S. District Court, Eastern District of Washington, recently ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS) and its co-defendant members, denying a nine-count complaint alleging wrongful foreclosure and violations of Washington’s Consumer Protection Act (CPA)

Raleigh, NC - May 21, 2013 - (RealEstateRama) -- The Raleigh office of Duke Realty Corporation has announced plans to construct a new 206,409-square foot, Class A office building in Perimeter Park, its mixed-use development in Morrisville. The five-story building, which will be known as Perimeter Two, is 50 percent preleased to three companies, including Fujifilm Medical Systems, Compliance Implementation Services and MaxPoint Interactive

WASHINGTON, D.C. - May 21, 2013 - (RealEstateRama) -- The Department of Labor Veterans Employment and Training Service (DOL-VETS) has announced the availability of funds for the Homeless Veterans Reintegration Program (HVRP) Homeless Female Veterans and Veterans with Families Reintegration Program (HFVVWF) for Program Year (PY) 2013. Approximately $5 million is available to fund 16 grants ranging from $100k to $300k. Applications are due June 14, 2013

COLUMBIA, S.C. - May 20, 2013 - (RealEstateRama) -- While Realtors® from across the country convened in Washington D.C. last week to attend Realtors® 2013 Midyear Legislative Meetings and Trade Expo, members from South Carolina REALTORS® (SCR) met w...

WASHINGTON, D.C. - May 20, 2013 - (RealEstateRama) -- What: Since the mortgage meltdown, the question has been asked…when will home prices recover? The answer is not simple for lenders who are looking to revive originations or for servicers who are looking to mitigate risk in their portfolios. Assessing home prices relies on a number of factors from current market conditions to trends in short sales and REO’s