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Monthly Archives: March 2011

NAHB Hosts Joint Call on the Impact of Proposed Mortgage Rule on Home Buyers...

A new rule unveiled today by the Federal Deposit Insurance Commission would ratchet up mortgage lending restrictions to such an extent that they would disrupt the housing market and undermine an already-fragile recovery.

New Hampshire Housing to Host Free Home Buyer Fair

BEDFORD, N.H. - March 28, 2011 - (RealEstateRama) -- New Hampshire Housing Finance Authority will host its ninth annual Home Buyer Fair on Saturday, April 2, at the Radisson Hotel Manchester - Center of New Hampshire, 700 Elm Street, Manchester, NH, fr...

FinCEN’s 2010 Mortgage Fraud Report: SAR Filings Up; Potential Abuse of Bankruptcy Identified

VIENNA, VA - March 28, 2011 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) in its new report, Mortgage Loan Fraud SAR Filings In Fourth Quarter and Calendar Year 2010, today released full year data showing the number of suspicious activity reports involving mortgage loan fraud (MLF SARs) increased 4 percent in 2010 to 70,472 compared with 67,507 MLF SARs filed in 2009. The report also shows that the growth rate of MLF SARs began to slow over the last two to three years. Looking at just the 2010 fourth quarter, filers submitted 18,759 MLF SARs, a 1 percent decrease from the 18,884 filings over the same period in 2009.

KTGY Principal Manny Gonzalez, AIA, LEED AP to Speak on “Designed for Success: Today’s...

IRVINE, CA - March 28, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that Manny Gonzalez, AIA, NCARB, LEED AP, CAASH and principal of KTGY Group will be the keynote speaker on the Multifamily Conference CEO Series on MultifamilyBiz.com, "Designed For Success: Today's 50+ Apartment Communities," on April 5, 2011, at 9:00 a.m. EST. This lively, fast-paced 60-minute FREE On-Demand Digital Media Webcast will bring to focus what you need to know about the growing 50+ market. In this in-depth informative discussion, Gonzalez shares his insight about how the aging Baby Boomers are driving urban infill, redevelopment opportunities and are changing the face of 50+ apartment community design.

Gov. Beshear signs bill to help home buyers and homeowners

FRANKFORT, KY - March 28, 2011 - (RealEstateRama) -- Governor Steve Beshear, joined by Rep. Mike Denham, of Maysville, and Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, today signed into law a bill that will help families purchase and live in homes they can afford.

AHFC and Best Beginnings to Kick Off Dolly Parton Imagination Library Partnership

ANCHORAGE, AK - March 28, 2011 - (RealEstateRama) -- What: Kickoff of AHFC's partnership with Dolly Parton's Imagination Library; parents will sign up children to receive a free book monthly until their sixth birthday. Children will receive their fir...

Rising Commodity and Materials Prices Drive Turner Building Cost Index to Slightly Increase for...

New York, N.Y. - March 28, 2011 - (RealEstateRama) -- Turner Construction Company announced that the First Quarter 2011 Turner Building Cost Index has slightly increased over the Fourth Quarter of 2011. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 806 reflects a 0.62% increase from the Fourth Quarter 2010 and 0.88% increase from the First Quarter 2010.

CB RICHARD ELLIS ANNOUNCES CLIENT PROPERTIES TOTALING 414 MILLION SQUARE FEET PARTICIPATED IN WWF’S...

Los Angeles, CA - March 28, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) announced today that 414 million square feet of properties it manages for clients participated in WWWF’s Earth Hour 2011. In addition, CBRE influenced an estimated 1.6 million of those properties’ occupants to participate in the event. CBRE joined a diverse roster of leading businesses in supporting this global initiative.

MRG Document Technologies Completes eNote Certification Through Xerox Mortgage Services

DALLAS, TX - March 28, 2011 - (RealEstateRama) -- MRG Document Technologies (MRG), a provider of mortgage document preparation software and compliance technology to banks, credit unions and other lenders nationwide, has successfully completed full lifecycle eNote certification through Xerox Mortgage Services' BlitzDocs® eVault.

February Pending Home Sales Rise

Washington, DC - March 28, 2011 - (RealEstateRama) --Pending home sales increased in February but with notable regional variations, according to the National Association of Realtors®.

Bingaman: New Mexico Communities to Benefit from HUD Grants

WASHINGTON, DC - March 25, 2011 - (RealEstateRama) -- U.S. Senator Jeff Bingaman reported today that seven New Mexico housing agencies have been awarded a total of $524,949 in grant funding though the U.S. Department of Housing and Urban Development...

HUD APPROVES $66 MILLION DEAL FOR CHICAGO MEDICAL CENTER

WASHINGTON, DC - March 25, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Mercy Hospital and Medical Center in Chicago, Illinois. The $66 million loan is made possible through the Federal Housing Administration's (FHA) Section 242 Hospital Mortgage Insurance Program.

IDX-enabled website of Realtor Sylvia Jennings simplifies Colorado Springs online home search

EUGENE, OR - March 25, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Sylvia Jennings and RE/MAX Peak Dream Properties to the growing network of real estate agents and brokers who have chosen to revolutionize their professional websites with the innovat...

Loss Mitigation and Document Solutions

March 25, 2011 - (RealEstateRama) -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, today announced its Cloud-based, Symphony Loan Origination System (LOS), an affordable, on-demand origination solution for lenders of any size. The product fills a current gap within the marketplace by making available enterprise-level power in a pre-configured solution that locks down compliant processes and any lender can implement and put into production in just a few weeks

Philip A. Schembra and IDX, Inc. bring innovative search capabilities to Hilton Head Island...

EUGENE, OR - March 25, 2011 - (RealEstateRama) -- Finding a home online just became monumentally easier for Hilton Head, South Carolina home seekers, thanks to the recent partnership between IDX, Inc. and Broker Philip A. Schembra. As a dedicated and seasoned real estate broker, Schembra has once again proven his professionalism and famous client service by enabling IDX Broker on his website. Hilton Head MLS (HHMLS) listings are now seamlessly displayed on Schembra's website through his custom IDX solution, which extracts raw listings data directly from the HHMLS.

NAR Home Ownership Bus Tour Stops in Portland

Portland, OR - March 25, 2011 - (RealEstateRama) -- After several stops throughout the country this month, the Home Ownership Matters Bus Tour will stop in Portland on Saturday, March 26, outside the Portland Better Living Home Garden & Lifestyle Show. Hosted by the National Association of REALTORS®, the bus tour will give consumers the chance to speak with NAR leaders and local officials about how shifting priorities and public policies in Washington could affect home ownership in Portland

Search Oahu Real Estate Using Google Maps

Kaneohe, HI - March 25, 2011 - (RealEstateRama) -- Prior to February 10, 2011, Internet users could use Google Maps to search for houses or condominiums for sale. Convenient sidebars allowed the user to quickly refine their search criteria. Google Maps appealed to many people who liked to research real estate geographically and graphically.

Morris Property Management, Inc. Adds Eight Clients to Its Management Portfolio

Nashville, TN - March 25, 2011 - (RealEstateRama) -- Morris Property Management, an Associa company, is pleased to announce the addition of eight new associations to its diverse client portfolio.

HUD MAKES AVAILABLE $61 MILLION TO SIX APPLICANTS TO PROVIDE QUALITY AFFORDABLE HOUSING, REVITALIZE...

WASHINGTON, DCv - March 24, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development posted a Notice of Funding Availability(NOFA) today for the six entities that were last week named finalists to receive the first Implementation Grant funding through HUD’s new Choice Neighborhoods Initiative (CN).

Architecture Billings Index Shows Nominal Increase

Washington, D.C. - March 24, 2011 - (RealEstateRama) -- During the first two months of 2011 the Architecture Billings Index (ABI) is not exhibiting the strength of business conditions that were seen in the final quarter of 2010. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the February ABI score was 50.6, up slightly from a reading of 50.0 the previous month. This score reflects a modest increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 56.4, compared to a mark of 56.5 in January

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

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.