Monthly Archives: February 2011

BEDFORD, N.H. - February 28, 2011 - (RealEstateRama) -- New Hampshire Housing Finance Authority recently named its “Top 10” participating lenders for 2010. Together, these lenders closed 81% of the loans extended to low- and moderate-income first-t...

February 28, 2011 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, will celebrate its 30th anniversary on March 18, 2011. The high-profile real estate company is regarded within the real estate community as a market leader where the vision, culture and mission established by the firm’s original founders have remained unchanged for the past three decades

DENVER, CO - February 28, 2011 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, has earned the Website Quality Certification (WQC) presented by Leading Real Estate Companies of the World (LeadingRE) to member com...

February 28, 2011 - (RealEstateRama) -- An administrator working for the Federal Trade Commission is mailing 1,455 refund checks to consumers defrauded by a mortgage loan modification and foreclosure rescue scam. The FTC alleged, and the court found, that operators of the scam falsely told consumers they would prevent their homes from being foreclosed and negotiate lower mortgage interest rates, monthly payments, and principal balances. The court also found that homeowners got few, if any, loan modifications, and many people lost their homes to foreclosure after paying up to $5,500.

Washington, DC - February 28, 2011 - (RealEstateRama) -- The National Association of Realtors® is currently accepting applications for the 12th annual REALTOR® Magazine Good Neighbor Awards. The awards recognize Realtors® for their dedication to volunteer service

WASHINGTON, DC - February 28, 2011 - (RealEstateRama) -- Fannie Mae's latest national housing survey finds that Americans are more confident about the stability of home prices than they were at the beginning of 2010, even though they lack confidence in the strength of the economy:

Washington, DC - February 28, 2011 - (RealEstateRama) -- Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June, according to the National Association of Realtors

Reston, Virginia - February 25, 2011 - (RealEstateRama) -- The Superior Court of New Hampshire in Cheshire County on February 14, 2011 affirmed the legality of MERS’ role as a nominee for lenders.

WASHINGTON, DC - February 25, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) recently issued guidance making it clear that residents who are denied or evicted from housing as a result of domestic violence may have basis to file a discrimination complaint with HUD under the federal Fair Housing Act. HUD's guidance states that while the Violence Against Women Act (VAWA) provides some protections to victims of abuse who experience housing discrimination, the Fair Housing Act provides authority for HUD to investigate whether the denial or eviction violates the Act based on gender or another federally-protected basis

COLUMBIA, MD - February 25, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in community development and affordable housing, today secured $62 million in New Markets Tax Credit (NMTC) allocation from the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund). Enterprise is one of 99 Community Development Entities receiving an allocation of the $3.5 billion in NMTC awarded as part of the Tax Relief, Unemployment Insurance Authorization and Job Creation Act of 2010. This new allocation brings Enterprise’s total NMTC awards to $672 million, $595.5 million of which has previously been invested in low-income communities nationwide, making it one of the largest allocatees of NMTCs in the country

EUGENE, OR - February 25, 2011 - (RealEstateRama) -- The premier IDX technology, IDX Broker software, has seamlessly integrated thousands of Oahu, Hawaii properties onto the professional website of Broker Karla Casey. Hawaii Central MLS (Honolulu) listings are easily accessible to home seekers with multiple search tools that makes the search page Casey hosts efficient and effective. Karla Casey has truly revolutionized the online property search experience for her clients, potential buyers and even herself.

EUGENE, OR - February 25, 2011 - (RealEstateRama) -- Omni Real Estate, IDX, Inc. and Realtor Philip Mervis have teamed up to bring home seekers in Breckenridge, Colorado an innovative online property search. With his customized IDX solution, Mervis has...

CHARLOTTE, N.C. - February 25, 2011 - (RealEstateRama) -- … Crescent Resources, LLC hired Charlotte real estate attorney Nina Shor to serve as general counsel and create the company’s in-house legal department. Shor brings more than 25 years of experience to the new post

EUGENE, OR - February 25, 2011 - (RealEstateRama) -- IDX, Inc. and Douglas Cross are pleased to announce the addition of an innovative IDX solution to the Paragon Equity Partners website. IDX Broker software extracts raw listing data directly from the Regional Multiple Listing Services (RMLS) and displays it on the search function Cross hosts. Portland, Oregon home seekers can now experience a truly unique online property search with more dynamic tools than have ever been available to real estate agents and brokers to customize their professional website

McLean, VA - February 25, 2011 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) today reported its fourth quarter and full-year 2010 financial results and filed its 2010 annual report on Form 10-K with the U.S. Securities and Exchange Commission.

Washington, DC - February 25, 2011 - (RealEstateRama) -- A stabilization trend is taking place in commercial real estate sectors, but in most...

WASHINGTON, DC - February 24, 2011 - (RealEstateRama) -- Desiree Brown, the former treasurer of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), pleaded guilty today to conspiring to commit bank, wire and securities fraud for her role in a more than $1.9 billion fraud scheme that contributed to the failures of Colonial Bank and TBW.

February 24, 2011 - (RealEstateRama) -- General Treasurer Gina M. Raimondo today announced that the state’s annual Unclaimed Property list has been produced under budget this year. The list of 21,000 names, with total claims worth about $9.7 million, is also reaching Rhode Islanders earlier than in past years

SPRING VALLEY, NY - February 24, 2011 - (RealEstateRama) -- Continuing a comprehensive urban renewal plan to revitalize downtown Spring Valley, Village, County, Town and State officials today joined with representatives of CPC Resources, Inc. and Rockland Housing Action Coalition to celebrate the groundbreaking of a multi-use development featuring affordable housing and commercial space in downtown Spring Valley.

NEW YORK, N.Y. - February 24, 2011 - (RealEstateRama) -- Mortgage rates retreated further this week, with the benchmark conforming 30-year fixed mortgage rate dropping back to 5.09 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points