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Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 12, 2011 - (RealEstateRama) -- Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 7, 2011.

Temporary Housing Operation Begins For Eligible Texas Wildfire Survivors

AUSTIN, TX - October 12, 2011 - (RealEstateRama) -- Temporary housing units are rolling out this week to eligible Texans whose homes were severely damaged or destroyed during the recent wildfires, officials from the state and the Federal Emergency Mana...

MBA Sees Slow Growth in Purchase Originations, Drop in Refinancing, Weak Overall Economic Growth...

Chicago, IL - October 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) expects to see mortgage originations fall from an estimated $1.2 trillion in 2011 to $900 billion in 2012. The drop will be driven by a significant decline in refinance originations, while purchase originations will increase only slightly. The economy will see another year of anemic growth in 2012, and then will grow somewhat faster in 2013. Refinance originations are expected to fall despite low mortgage rates as economic uncertainty lingers and fewer eligible borrowers remain.

MBA Announces 2012 Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Leadership and New...

Chicago, IL - October 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Tari L. Flannery, CMB, President, M&T Realty Capital Corporation as the new Chair of the Commercial Real Estate/Multifamily Finance Board of Governors at the association's 98th Annual Convention & Expo in Chicago. Vice Chair Brian F. Stoffers, CMB, President, CBRE Capital Markets returns as a Vice Chair for COMBOG. Joining him as a new Vice Chair is Mark Wilsmann, Managing Director, MetLife, Inc.

Schenck Joins St. Louis Fed’s Real Estate Industry Council

ST. LOUIS, MO - October 11, 2011 - (RealEstateRama) -- Lynn B. Schenck, executive vice president and director of leasing and sales for Jones Lang LaSalle of St. Louis, Mo., has been named to the Real Estate Industry Council of the Federal Reserve Bank ...

HUD CHARGES UTAH HOMEOWNER ASSOCIATION, CONDO OWNERS WITH DISCRIMINATING AGAINST VETERAN WITH A DISABILITY

WASHINGTON, DC - October 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a Park City, Utah homeowner association, property management company, and a group of condominium owners with violating the Fair Housing Act for refusing to accommodate a tenant who required an emotional support dog because of a disability. HUD brings the charges on behalf of the tenant, a Gulf War veteran with a disability

HUD CHARGES UNIVERSITY OF NEBRASKA AT KEARNEY WITH DISCRIMINATING AGAINST STUDENT WITH DISABILITIES

WASHINGTON, DC - October 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it is charging the University of Nebraska at Kearney and five of its employees with violating the Fair Housing Act when they refused to grant a student permission to have a therapy dog live in her University-owned apartment and illegally inquired into the nature and severity of the student’s disabilities. The student, who required the dog in order to cope with depression and anxiety, was seeking an exception to the University’s no-pet policy as a disability-related “reasonable accommodation” under the Fair Housing Act.

Call for Entries Now Open for the 2011 NAHB Custom Home Builder of the...

WASHINGTON, D.C. - October 11, 2011 - (RealEstateRama) -- Custom builders across the nation are invited to enter the National Association of Home Builders (NAHB) 2011 Custom Home Builder of the Year Award competition, sponsored by the Propane Education & Research Council

MBA Honors Henry V. (Hank) Cunningham, Jr., CMB, with the 2011 Andrew D. Woodward...

Chicago, IL - October 11, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded Henry V. (Hank) Cunningham, Jr., CMB, President of Cunningham & Company, with the Andrew D. Woodward Distinguished Service Award at the Association’s 98th Annual Convention and Expo held in Chicago, IL. The award was given to Cunningham in recognition of his dedication and prominent service to MBA and the mortgage lending industry.

Green recognition program reinforces area of expertise

WASHINGTON, D.C. - October 11, 2011 - (RealEstateRama) -- In business, it can take a lot to build up an area of expertise. It may be years of practice before clients start recognizing you for your specialty niche. Neil Struby, president of Struby Construction LLC in Decatur, Ga., has been slowly breaking into the green remodeling field. “I know green remodeling is sort of a trend right now, but I’ve always been interested in energy efficiency, having a background in mechanical engineering,” Struby says.

American Institute of Architects Sends National Team of Experts to Assist Pratt, Alabama, Community...

Birmingham, AL - October 11, 2011 - (RealEstateRama) -- A team of national experts assembled by the American Institute of Architects (AIA) are heading to Alabama this week to assist storm damaged communities and residents in the development of a long-t...

MBA Announces Creation of National 501(c)(3) Nonprofit Organization for Philanthropic Ventures

CHICAGO, IL - October 11, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the creation of a national 501(c)(3) nonprofit organization to be the umbrella for philanthropic ventures by MBA and its members to help American families and communities.

Inspectional Services Issues Winter Preparedness Advisory

October 10, 2011 - (RealEstateRama) -- As the winter months are fast approaching, the Inspectional Services Department (ISD) would like to remind homeowners and tenants to prepare for the winter early. According to the Massachusetts State Sanitary Cod...

Tierney Continues to Press Administration to Ensure that Homeowners Receive a Fair-Shake From Mortgage...

Washington, DC - October 10, 2011 - (RealEstateRama) -- Today, Congressman John Tierney (MA-06) will join a group of lawmakers in a meeting with Acting Director Edward DeMarco of the Federal Housing Finance Agency (FHFA) to discuss President Obama's pr...

Efforts to avoid mortgage foreclosures coordinated

INDIANAPOLIS, IN - October 10, 2011 - (RealEstateRama) -- As all three branches of state government have responded to the high level of mortgage foreclosures in Indiana, Attorney General Greg Zoeller noted the role of the Indiana Supreme Court in prote...

Michael W. Young Sworn in as MBA Chairman

Chicago, IL - October 10, 2011 - (RealEstateRama) -- Michael W. Young, Chairman of the Board, Cenlar FSB, today was sworn in as the 2012 Chairman of the Mortgage Bankers Association (MBA) at the association's 98th Annual Convention & Expo in Chicago.

CampusMBA Graduates 35 Certified Mortgage Bankers During MBA Annual Convention

Chicago, IL - October 10, 2011 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), graduated 35 Certified Mortgage Bankers (CMB) at a ceremony held at MBA’s 98th Annual Convention & Expo in Chicago. The CMB designation is the highest professional honor within the real estate finance industry.

National Survey Puts RE/MAX on Top

Denver, CO - October 10, 2011 - (RealEstateRama) -- For the third year in a row, RE/MAX ranks in front of all competitors in the Franchise Times Top 200 survey. In 2011, RE/MAX is in the number 15 position, far outpacing other national real estate brands and in the company of such top franchises as McDonalds, 7-Eleven and Subway. The rankings were primarily based on worldwide sales volume.

HUD SECRETARY, U.S. SENATOR BROWN, MAYOR COLEMAN TO HIGHLIGHT HOW AMERICAN JOBS ACT WILL...

WASHINGTON, D.C. - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, U.S. Senator Sherrod Brown and Columbus Mayor Michael Coleman toured the Commons at Third project, adjacent to Grandview to demonstrate how the President Obama's proposed American Jobs Act and Project Rebuild can help stabilize home prices, revitalize neighborhoods, create jobs, and support local economies throughout the City of Columbus.

HUD CHARGES NEW YORK REAL ESTATE COMPANY AND SALESPERSON WITH DISCRIMINATING AGAINST FAMILIES WITH...

WASHINGTON, DC - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Metro Net Realty, LLC, a Queens, NY, real estate agency, and a salesperson for the agency with violating the Fair Housing Act by placing advertisements on Craigslist that discriminated against families with children. HUD brings the charge on behalf of the National Fair Housing Alliance (NFHA), alleging that the advertisements that stated “Looking For: Mature couple or single with no children” were evidence of an effort to exclude children from housing.