RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

Bank of America Pledges Support to Prevent & End Homelessness

WASHINGTON, D.C. - November 24, 2010 - (RealEstateRama) -- With Thanksgiving approaching, and millions of homeless and poor Americans struggling with hunger and the cold, the National Law Center on Homelessness & Poverty today announced it has received a $75,000 from the Bank of America Charitable Foundation. This support comes at a critical time, as the Law Center works to help implement the first-ever Federal Plan to End Homelessness.

Boustany Applauds FEMA’s Efforts to Assist Hurricane Rita Survivors with Long-Term Housing

Washington, D.C. - November 24, 2010 - (RealEstateRama) -- U.S. Representative Charles W. Boustany, Jr., (R-Southwest Louisiana), today commended the Federal Emergency Management Agency for their efforts to assist Hurricane Rita survivors’ transition into long-term housing. FEMA announced today they are initiating a plan to help relocate the remaining residents still in temporary housing from the 2005 storms through federal, state, local and voluntary agency efforts

FEMA Extends Temporary Disaster Housing Program

PHILADELPHIA, PA - November 24, 2010 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) announced today the approval of a request from the state of West Virginia to extend FEMA’s temporary disaster housing program from November 1...

Mortgage Rates Stable This Week

McLean, VA - November 24, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that the 30-year fixed-rate mortgage (FRM) and the 15-year (FRM) edged up slightly this week. The 5-year ARM also rose, while the 1-year ARM fell a bit from the previous week.

U.S. RETAIL AVAILABILITY EXPECTED TO DROP TO 12.7% BY YEAR-END 2011

Boston, MA - November 24, 2010 - (RealEstateRama) --The U.S. retail real estate sector’s availability1 rate is expected to drop to 12.7% by the end of 2011, according to new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the ongoing pick-up in retail sales combined with limited supply will slowly decrease the national availability rate for neighborhood and community centers

Fannie Mae’s Most Recent National Housing Survey Indicates Americans Uncertain Housing Market has Bottomed

WASHINGTON, D.C. - November 24, 2010 - (RealEstateRama) -- Fannie Mae's (FNMA/OTC) most recent nationwide housing survey finds that Americans are less certain that the housing market has bottomed, and continue to be wary of buying a home. The Third Quarter 2010 Fannie Mae National Housing Survey polled homeowners and renters between July 2010 and September 2010. Findings were compared to similar surveys conducted in June 2010, January 2010, and December 2003.

Mortgage Purchase Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 24, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 19, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 2.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 1.1 percent compared with the previous week.

United Properties’ Ford Center signs lease with HGA and begins renovations

MINNEAPOLIS, MI - November 24, 2010 - (RealEstateRama) -- United Properties announces that the Ford Center* has signed a lease with HGA Architects and Engineers for 80,000 sq. ft. in its historic office building in the Minneapolis Warehouse District. To ready the Ford Center for 2011 renovations, United Properties also recently received historic renovation design approval from the National Park Service and the Minneapolis Heritage Preservation Commission, and approval for a building addition from the City of Minneapolis Planning Commission.

CONSTRUCTION EMPLOYMENT EXPANDS IN 29 STATES BETWEEN SEPTEMBER AND OCTOBER AS INDUSTRY’S EMPLOYMENT SITUATION...

WASHINGTON, D.C. - November 24, 2010 - (RealEstateRama) -- Construction employment expanded in 29 states between September and October, while fewer people are working in construction compared to last year in 39 states, the Associated General Contractors of America reported in an analysis of state employment data released today by the Labor Department. The new figures continue a nearly year-long trend of ups and downs in construction employment as the industry performs stimulus-funded work yet grapples with broad market uncertaint

Results Declared in Board Elections at FHLBank Pittsburgh

PITTSBURGH, PA November 23, 2010 – The Board of Directors of the Federal Home Loan Bank (FHLBank) of Pittsburgh today declared the results of the recent election to fill seats vacated by Directors whose terms expire on December 31, 2010. The election includes two member director positions for Delaware, one member director position each for Pennsylvania and West Virginia, and two non-member independent director positions

J.D. Power and Associates Ranks Quicken Loans Inc. the Highest In Customer Satisfaction Among...

Detroit, MI - November 23, 2010 - (RealEstateRama) -- Quicken Loans Inc., the nation’s largest online lender and a top-five retail mortgage lender, announced it ranked highest in “customer satisfaction” among all home loan lenders in the United States in a benchmark study of the mortgage industry by J.D. Power and Associates, the global marketing information services company.

MBA Names Patrick “P.J.” Harrigan as Chair of Mortgage Action Alliance Steering Committee

Washington, D.C. (November 18, 2010) – Patrick “P.J.” Harrigan of Franklin American Mortgage Co. has been named the chairman of the Mortgage Action Alliance Steering Committee, the grassroots advocacy affiliate of the Mortgage Bankers Association (MBA)

Freddie Mac Issues Monthly Volume Summary for October 2010

McLean, VA - November 23, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for October 2010. The summary, available on the company's Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management and delinquencies, including data on seriously delinquent mortgage loans in related mortgage Participation Certificate (PC) pools.

NeighborWorks America Offers Home and Family Energy-Saving Tips for Consumers This Winter

Washington, D.C. - November 23, 2010 - (RealEstateRama) -- As the days grow colder and consumers gear up for another winter, many are looking for ways to beat the season’s high monthly energy costs. According to the U.S. Department of Energy, the average U.S. household spends about $1,900 per year on home utility bills. With so much of a consumer’s monthly income spent on energy this winter, NeighborWorks America urges consumers to reduce their utility costs by weatherizing their homes this winter.

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - November 23, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.49 percent based on loans closed in October. This is a decrease of 0.06 percent from the previous month.

Existing-Home Sales Decline in October Following Two Monthly Gains

Washington, DC - November 23, 2010 - (RealEstateRama) -- Existing-home sales retreated in October on the heels of two strong monthly gains, according to the National Association of REALTORS

Thousands Gather on the National Mall to Prevent and End Homelessness

WASHINGTON, DC - November 22, 2010 - (RealEstateRama) -- Today more than 15,000 walkers joined together on the National Mall to participate in Fannie Mae's 23rd Annual Help the Homeless Walkathon, raising awareness and funds to prevent and end homelessness.

Jefferson Bank and FHLB Dallas Award AHP Grant to St. Peter-St. Joseph Children’s Home...

SAN ANTONIO, TX - November 22, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and Jefferson Bank are pleased to announce they have awarded a $176,445 Affordable Housing Program (AHP) grant to St. Peter-St. Joseph Children’s Home to assist with the construction costs of a 32-bed emergency center for adolescents between the age of 12 and 18 years old.

Freddie Mac Maximum Loan Limits Set For First Nine Months of 2011

McLean, VA - November 22, 2010 - (RealEstateRama) -- Freddie Mac (FMCC.OB) said today its maximum conforming loan limits for the first nine months of 2011 will be unchanged from those in effect during 2010 as the result of new calculations from the Federal Housing Finance Agency.

Freddie Mac Announces New Jumbo/Super Conforming Loan Pools

McLean, VA - November 22, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) today announced that generally beginning December 1, 2010, the company will issue Jumbo/Super Conforming Pools under the three following prefixes

Business Real Estate Press Releases

Net Lease 7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 2317 Holland Road in Suffolk, Virginia for $2,727,000.

Recent Gov & Nonprofit Real Estate Press Releases

Net Lease 7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 2317 Holland Road in Suffolk, Virginia for $2,727,000.