Archives

Mayor Menino “Welcomes Home” 12 First-Time Homebuyers of Foreclosed Properties

Boston, MA - September 13, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Evelyn Friedman, Director of the Department of Neighborhood Development (DND), and 12 first-time homebuyers of formerly foreclosed properties for a housewarming celebration on Rockwell Street in Dorchester.

Montgomery County Homeowners Invited to One-on-One Foreclosure Prevention Counseling

September 12, 2011 - (RealEstateRama) -- The Montgomery County Department of Housing and Community Affairs (DHCA), in partnership with the Montgomery County Housing Fair Planning Committee and the City of Gaithersburg, invites all county homeowners ...

Renters Warehouse Hires Franchise Sales Director Bill Stecker To Grow Brand Nationally

Golden Valley, MN - September 9, 2011 - (RealEstateRama) -- In an effort to sell more franchises nationwide, Renters Warehouse hires Bill Stecker, former Franchise Sales Consultant from RE/MAX who was the #1 RE/MAX Franchise Sales Consultant in North...

Mortgage Help Center Opens in Sacramento

WASHINGTON, DC - September 8, 2011 - (RealEstateRama) -- Fannie Mae today announced the opening of the Sacramento Mortgage Help Center to provide free education and counseling services to struggling Northern California homeowners. The Sacramento Center is the tenth Mortgage Help Center to open across the country, and is part of Fannie Mae's ongoing effort to ensure that homeowners facing foreclosure understand their options, have access to assistance and receive timely resolutions. The Center was developed in partnership with NeighborWorks HomeOwnership Center Sacramento Region, local community and elected officials, and area mortgage servicers.

Burt Reynolds set to lose Florida property

September 6, 2011 - (RealEstateRama) -- Burt Reynolds was once one of Hollywood’s highest paid and well-known actors. But now, at the age of seventy five, the “Deliverance” star faces losing his Florida home as his debts continue to grow.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR THE STATE OF NEW HAMPSHIRE STORM VICTIMS

WASHINGTON, DC - September 7, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Hampshire and provide support to homeowners and low-in...

Public reminded that foreclosure assistance deadline is Sept. 16

HARRISBURG, PA - September 5, 2011 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency is encouraging homeowners in danger of foreclosure to contact an approved counseling agency and submit their applications for the Emergency Homeowners’...

Las Vegas Nevada Luxury Short Sales – Get Help Now

Las Vegas, NV - September 5, 2011 - (RealEstateRama) -- Toni Braxon’s Las Vegas home recently sold as a foreclosure, according to Clark County Records. Toni Braxton, a six-time Grammy winner and her husband Keirston Lewis purchased their Las Vegas...

GoFightForeclosure.com Develops App To Stop Home Foreclosure Exposing Mortgage Fraud Prevention Tips

Atlanta, GA - September 5, 2011 - (RealEstateRama) -- GoFightForeclosure.com ( http://GoFightForeclosure.com ) “Go Fight Foreclosure System” announced today a groundbreaking application system for mobile devices designed to stop home foreclosure exposing mortgage fraud foreclosure prevention tips. The new App is available for download on Android as a complimentary resource tool to help homeowners fight foreclosures and win.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR VERMONT STORM VICTIMS

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Vermont and provide support to homeowners and low-income r...

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following Hurricane Irene.

Fannie Mae and Freddie Mac Foreclosure Prevention Actions Down in Second Quarter; HARP Refinancings...

Washington, DC - September 1, 2011 - (RealEstateRama) -- Fannie Mae and Freddie Mac (the Enterprises) have completed nearly 1.8 million foreclosure prevention actions since the beginning of conservatorship in the fourth quarter of 2008. More than half of these actions resulted in loan modifications.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR IOWA STORM VICTIMS

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Iowa and provide support to homeowners and low-income renter...

OHFA Board Announces New Member, Approves $15.5 Million in Multifamily Bonds for the Rehabilitation...

COLUMBUS, OH - August 31, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today authorized the issuance of up to $15.5 million in Multifamily Bonds. Multifamily Housing Bonds are tax-exempt revenue bonds designed to lower the...

Attorney General DeWine Announces Foreclosure Rescue Actions

CINCINNATI, OH - August 31, 2011 - (RealEstateRama) -- American Equity Group A federal grand jury has indicted four people who ran a Cincinnati real estate business known as American Equity Group (AEG) with fraudulently obtaining more than $13 millio...

Nevada Short Sale Realtors – Who Can You Trust?

Las Vegas, NV - August 29, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings cl...

Zoeller files suit against out-of-state foreclosure consultants

VALPARAISO, IN - August 26, 2011 - (RealEstateRama) -- Indiana Attorney General Greg Zoeller filed a lawsuit today against two out-of-state credit services and foreclosure consultant companies that were operating illegally in Indiana.

Short Sales Soar in Second Quarter

IRVINE, CA - August 25, 2011 - (RealEstateRama) -- RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure homes, today released its Q2 2011 U.S. Foreclosure Sales Report™, which shows that sales of homes that were in some stage of foreclosure or bank owned accounted for 31 percent of all U.S. residential sales in the second quarter of 2011, down from nearly 36 percent of all sales in the first quarter but up from 24 percent of all sales in the second quarter of 2010.

Latest Mortgage Reports Show Little Change in Foreclosures–But Slow-Down in Prevention

WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- The latest Mortgage Bankers Association (MBA) mortgage report shows a rise in 30-day delinquencies, including an increase in late payments on prime, fixed-rate mortgages. Overall, the picture hasn’t changed significantly from first quarter, as one in 11 mortgage holders remains at serious risk of foreclosure (60 days delinquent or more).

Nevada Short Sale Specialist Lois Lee Greer – How to Write a Hardship Letter

Las Vegas, NV - August 25, 2011 - (RealEstateRama) -- While short sales minimize damage to your credit versus foreclosure, the fact remains that the goal of every short sale is to walk away without the bank coming after you at some future date down the road. So why are some homeowners asked to pay substantial promissory notes in exchange for a short sale approval, while other homeowners are not asked to pay a promissory note at all? The answer can almost always be found by looking at the experience (or lack of experience) of the Real Estate Agent. There are certain factors which minimize hardship in the eyes of banks and bank Investors, and are essentially short sale deal killers. A Realtor experienced with short sales will be able to explain the banks perception of hardship and how it applies to your particular situation.

Business Real Estate Press Releases

Joel MacIntosh WolfNet CEO

WolfNet Helps Customers Set A Real Estate Property Alert “Speed Record”

WolfNet®, the real estate industry’s most trusted MLS data standardization provider and leading innovator of IDX solutions and website services, announced the launch of its new data loader dubbed “PropertyPipeline” to significantly increase its data refresh speed that will benefit more than 250,000 real estate agents

Recent Gov & Nonprofit Real Estate Press Releases

Appraisal Institute

Appraisal Institute Opposes Bills Raising Thresholds for SBA Loans

Citing significant risks to taxpayers, the Appraisal Institute on Monday urged the U.S. House of Representatives to turn back legislation that would virtually eliminate appraisal requirements for the Small Business Administration’s two largest loan programs. Votes on two related bills are expected today in the full House