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Community Development Block Grant Program – CDBG

The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is one of the longest continuously run programs at HUD. The CDBG program provides annual grants on a formula basis to 1180 general units of local government and States.

4 Free Ways to Maximize Your Marketing Reach

If you’ve got a Web site, you’ve likely spent time and money trying to drive more traffic to your site. Maybe you’ve tried different strategies for search engine optimization, which typically focus on clever use of keywords to increase the chances your site will place high in search results.

Majestic Properties Launches A Nationwide Developer Tour Entitled: Global Property Showcase

On November 26, 2007, Global Property Showcase (GPS) will kick off a new exposition dedicated to bridging the gap between worldwide developers and consumers looking to purchase quality and amenity-rich real estate. This multi-city program will educate investors, 2nd-home buyers and property seekers to the various locales being represented with each global project, and of course, showcase each development in depth. Significant discounts will be given to those in attendance. The showcase is designed to engage (an expected 1,000 attendees in total) and provide guests with valuable insights and opportunities that serve to enhance their property portfolios.

House Approves Disaster Insurance Legislation

The House of Representatives on Thursday approved a bill that would help protect insurance markets in disaster-prone states from suffering devastating losses in the event of a catastrophic natural disaster.

Ariz.: Selling Students on Real Estate Investing

Using the multi-level marketing techniques made popular by Amway, Nouveau Riche University is selling real estate investment classes and a host of related products and services to would-be tycoons.

Atlanta-Based Federal Home Loan Bank Upped Cash Flow to Countrywide by 77 Percent In...

WASHINGTON, DC — With Countrywide Financial Corp. increasingly turning to the Federal Home Loan Bank (FHLB) system for cash advances to stay afloat as other liquidity sources shun the company, U.S. Senator Charles E. Schumer (D-NY) urged the overseer of the federally-supported bank network to probe the underlying risk of Countrywide’s collateral and to issue new, system-wide regulations to reduce the banks’ exposure to risky or predatory loans.

House Prices Weaken Further In Most Recent Quarter

Washington, DC, November 29, 2007 – For the first time in nearly thirteen years, U.S. home prices experienced a quarterly decline. The OFHEO House Price Index (HPI), which is based on data from sales and refinance transactions, was 0.4 percent lower in the third quarter than in the second quarter of 2007.

MAYORS’ REPORT: FORECLOSURE CRISIS HITS METRO AREAS’ ECONOMIES, SLOWS GDP, JOB GROWTH & TAX...

Detroit, MI – The U.S. Conference of Mayors unveiled today an economic impact report on the foreclosure crisis that forecasts sharp losses in the growth of gross domestic product and projects economic output losses for 361 metro areas -- referred to as gross metropolitan product (GMP).

Mortgage Applications Decrease In Latest MBA Weekly Survey

WASHINGTON, D.C., November 28, 2007 The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 23, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 652.5, a decrease of 4.3 percent on a seasonally and holiday adjusted basis from 681.7 one week earlier. On an unadjusted basis, the Index decreased 25.5 percent compared with the previous week reflecting the Thanksgiving holiday on November 22 and was up 24.6 percent compared with the same week one year earlier.

Mixed Results For October Existing-Home Sales; Mortgages Improving

WASHINGTON, November 28, 2007 - Single-family existing-home sales were stable in October while the condo sector was down, according to the National Association of Realtors®. Lingering effects of the credit crunch were a drag on sales but the mortgage situation has improved significantly

Important Trends In Real Estate Marketing Photography: Photo Size Is Important

Miami Beach, FL (PRWEB) November 26, 2007 -- Eighty percent of people across the country who bought a new home last year used the Internet while house hunting, and they rated photographs as the most useful tool in their search, according to a survey of buyers and sellers by the National Association of Realtors. Since property photos are meant to be a sales tool, Fizber.com,

NAR, Mayors Recognize Fort Smith, Ark., For Expanding Homeownership

WASHINGTON, November 27, 2007 -- The National Association of Realtors® and the U.S. Conference of Mayors have named Fort Smith, Ark., a 2007 Ambassador City for its City of Fort Smith Homebuyers Assistance Program. The program provides potential buyers with credit counseling and mortgage readiness education.

Advantage Realty Services, Inc Launches Campaign to Educate Homeowners On Using Flat Fee Listing...

Advantage Realty Services, Inc provides a fee for service or flat fee service. With its new campaign designed to educate the public on the benefits of using a discount broker like themselves, the company allows people to save thousands of dollars on the sale of their home over traditional broker costs.

Ferrari Capital Partners, LLC Makes Key Decision to Scale Back Proposed Real Estate Development...

Ferrari Capital Partners a large scale real estate developer in the southeastern United States, has announced plans to scale back a proposed 523 lot Planned Unit Development (PUD) subdivision in order to better serve the needs of the community.

Chase Adopts Loan Benefits to Help Expanding Families

NEW YORK, Nov. 26, 2007 - Chase today introduced New Additions, a discounted home-equity loan program to help families pay the often steep expenses of adopting a child.

Want to sell your house at a nice price?

In early October, when Dorte and Houschang Pakpour put their Mediterranean-style villa in Laguna Beach, Calif. on the market, they put a little extra bait on the hook. In the glossy sales brochure touting the ocean and canyon views, European gardens and cathedral ceilings, the Pakpours noted that seller financing was available.

Mortgage Applications Decrease In Latest MBA Weekly Survey

WASHINGTON, D.C., November 21, 2007 — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6 percent on a seasonally adjusted basis from 707.3 one week earlier. On an unadjusted basis, the Index decreased 5.2 percent compared with the previous week and was up 9.8 percent compared with the same week one year earlier

Real Estate in 2008 – Realtors Share Ideas for 2008 Real Estate Market

In only one week, hundreds of top real estate agents from across the country have contributed over 1,000 ideas to publish Real Estate in 2008. During the National Association of Realtors (NAR) annual conference in Las Vegas from November 12-16, 2007, the conference helped to write and publish an entire book of ideas.

RealAsell.com: A New Web Site Promises to Help Homeowners Sell in 30 Days or...

Can homeowners really sell their homes in 30 days or less without a Realtor? Jennifer Gibson of RealAsell.com thinks so. The new Web site boasts a "Sell in 30 days or Less... Guaranteed" service by providing its clients the opportunity to gain additional exposure through the RealAsell.com national lender network.

Best And Worst U.S. Housing Markets

Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation's housing markets, driving down prices and stalling sales.

U.S. National


MLSGRiD

MLS Grid Earns Innovator Award Finalist Selection

National
MLS Grid, the real estate industry collaborative of multiple listing services (MLSs) providing an easy way to deliver standardized data, has earned a coveted spot as a “2019 Inman Innovator Award” finalist.

FERC’s Dispute Resolution Service Gets New Home

National
Federal Energy Regulatory Commission Chairman Neil Chatterjee today announced a new home for FERC’s Dispute Resolution Service (DRS) in the Office of the General Counsel (OGC). “This move to OGC will give DRS higher visibility, an expansion of opportunities to use dispute resolution and more effective
DOI

Vice President Pence and Secretary Bernhardt Highlight the Need for Bipartisan Fix to National...

National
Vice President Mike Pence and U.S. Secretary of the Interior David Bernhardt visited Yellowstone National Park to renew the Trump Administration’s call for bipartisan legislation to fix infrastructure at National Parks
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.068 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $39.829 billion in May. A breakdown of May issuance includes $38.571 billion of Ginnie Mae II MBS and $1.517 billion
NAR

National Association of Realtors® Applauds House Efforts to Advance NFIP Reforms

National
John Smaby, President of the National Association of Realtors®, issued the following statement after the House Financial Services Committee voted Wednesday evening to advance the National Flood Insurance Program Reauthorization Act of 2019

Chicago Nonprofit Affordable Housing Developer Continues its Expansion in City & Suburbs

National
Only a month after expanding its footprint through the acquisition of affordable apartment buildings from the YMCA in Chicago and Harvey, IL, Preservation of Affordable Housing (POAH) announced today it is extending its reach by acquiring four

Why Home Equity Lines of Credit are Better than Reverse Mortgages

National
Home equity lines of credit and reverse mortgages have many similar features. Overall, however, a home equity line of credit (HELOC) offers a more versatile and advantageous way for home owners to access funds based on equity.

Read NRMLA’s Statement to USA Today

National
On June 13, NRMLA President and CEO Peter Bell submitted the following statement to USA Today in response to the investigative series of articles on HECM foreclosures written by reporters Nick Penzenstadler and Jeff Kelly Lowenstein.
ABC National

ABC’s Construction Backlog Indicator Contracts in April

National
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.7 months in April 2019, down 0.8 months or 9% since March, when CBI stood at 9.5 months.
MBA

May New Home Purchase Mortgage Applications Increased 20.1 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2019 shows mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.
MBA

MBA’s Krystal Thomas and Andrea Oh Presented with Women in Housing Finance, Inc.’s 40...

National
The Mortgage Bankers Association's (MBA) Krystal Thomas, Government Program Specialist, and Andrea Oh, Policy Advisor, were recognized by Women in Housing and Finance, Inc. (WHF) as a 2019 winner of its WHF 40 under 40 award.
NAHB

Builder Confidence Solid in June Amidst Growing Economic Uncertainty

National
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Enterprise Community Partners

Brian McLaughlin to lead Enterprise Community Development, one of the nation’s largest owners of...

National
Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation
ABC National

Construction Input Prices See Slight Increase in May, says ABC

National
June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today
MBA

MBA Awards Over $90,000 in Path to Diversity Scholarships

National
The Mortgage Bankers Association (MBA) today announced that it awarded over $90,000 in scholarships to 101 women and minorities under its Path to Diversity (P2D) Scholarship Program during the first eight months
MBA

Mortgage Credit Availability Increased in May

National
Mortgage credit availability increased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Meridian-Pasadena

WelbeHealth Signs Lease for 14,200 SF at Meridian’s Cotton Medical Center in Pasadena, Calif.

National
Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that WelbeHealth recently signed a lease at Meridian’s recently renovated Cotton Medical Center, a 115,000-square-foot medical office complex
SEIA

Solar Leader REC Group Joins SEIA’s Board of Directors

National
The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry, announced today that REC Americas, a leading solar manufacturer has joined its board of directors

Disney Commits $1M to the National Recreation and Park Association to Support Play Spaces...

National
The National Recreation and Park Association (NRPA), today, announced the recipients of its 2019 Meet Me at the Park Play Spaces grants. Part of a $1 million donation by The Walt Disney Company
Ginnie Mae

Ginnie Mae Publishes Ginnie Mae 2020 Progress Update

National
Ginnie Mae today released a progress update to its Ginnie Mae 2020 white paper, detailing strides the agency has made toward modernizing its mortgage-backed securities (MBS) platform

U.S. States


Woman Arrested for Defrauding Homeless Individuals and a Nonprofit Serving the Homeless

California
SACRAMENTO, Calif. — (RealEstateRama) — Sherwana Lynn Marcus, also known as Sherwana Granderson and Sherwana Santana, 47, was arrested today on a 36-count federal...

CSD Awards $4.4 Million for California’s First Low-Income Community Solar Projects

California
The California Department of Community Services and Development (CSD) today announced final awards totaling $4.4 million to GRID Alternatives for two Community Solar Pilot projects in Contra Costa and Riverside Counties.
NLCHP

Los Angeles Homeless Services Authority (LAHSA) Adopts New Guiding Principles and Practices for Unsheltered...

California
On February 28, the Los Angeles Homeless Services Authority (LAHSA) adopted new policy that calls for decriminalizing life-sustaining survival actions of the more than 40,000 Los Angelenos who are experiencing unsheltered homelessness
EPA

Three Communities in Mississippi to Receive Brownfield Grants to Address Contaminated Properties

Mississippi
The U.S. Environmental Protection Agency (EPA) selected 149 communities across the country including three in Mississippi to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
Merri Jo Cowen - headshot

My Florida Regional MLS Becomes Stellar MLS

My Florida Regional MLS, the nation’s third-largest Multiple Listing Service, officially becomes Stellar MLS today and will also debut its new site, StellarMLS.com. Introducing a “curated customer journey” for each of its nearly 60,000

$50 MILLION FOR WHITEHOUSE’S COASTAL RESILIENCY FUND INCLUDED IN DISASTER RELIEF BILL

Rhode Island
U.S. Senator Sheldon Whitehouse today announced that the disaster relief bill passed by the Senate yesterday evening includes $50 million for the National Coastal Resilience Fund to restore and strengthen the natural infrastructure that protects coastal communities while safeguarding wildlife habitats.

San Francisco 49ers Partners with Operation HOPE to Empower Bay Area Communities with Financial...

California
Operation HOPE and the San Francisco 49ers announced today a partnership to bring credit and money management coaching and education to underserved Bay Area communities at no cost to participants. The 49ers is the first team to offer the HOPE Inside program as part of the National Football
getting security deposit back

How to Get Your Apartment Security Deposit Back

Texas
If your a renter, then you surely are aware that almost all apartments will require a security deposit when you move in your new rental. This is not to be used as an administration fee,  or to pay your rent. In fact, if you follow the terms of your apartment
SEIA

Solar Industry Urges Gov. Abbott to Extend Tax Abatement Program

Texas
The solar industry voiced support for the Texas House of Representatives for passing a 10-year extension of Chapter 312, a section of tax code that enables property tax abatements for companies bringing new investment and jobs to Texas. The legislature sent this tax abatement extension that includes renewable energy provisions to Governor Abbott for signature
DOI

Secretary Bernhardt Announces $106.8 Million for Recreation, Wildfire, Other Public Lands Projects in Nevada...

California
U.S. Secretary of the Interior David L. Bernhardt announced the commitment of more than $106.8 million to support 47 public lands projects throughout Nevada and the California side of the Lake Tahoe Basin. These projects, which encompass a broad range of recreation improvements, wildlife habitat conservation
FEMA

FEMA Awards More Than $1.2M in Public Assistance Grants

Florida
FEMA has approved $1,259,146 to the State of Florida to assist 14 eligible applicants with reimbursement for eligible costs of debris removal, emergency protective measures, temporary facilities and permanent repairs for Hurricane Michael under FEMA’s Public Assistance Program.
FEMA

Storm Drain Project To Protect Homes From Flooding

Arizona
The Federal Emergency Management Agency (FEMA) granted $1.6 million to the City of Phoenix for storm drain improvements to increase flood protection for 29 area homes. The Palm Lane Storm Drain Project, north of Phoenix’s Sky Harbor Airport
Monaghan Communications

Hanley Investment Group Arranges Sale of Two-Tenant Starbucks and QDOBA Retail Property in Sioux...

Iowa
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a two-tenant retail building occupied by a Starbucks with a drive-thru and QDOBA Mexican Eats at 2301-2303 Hamilton Boulevard in Sioux City, Iowa.
SEC

SEC Seeks Emergency Relief to Halt Prominent New York Developer’s Ponzi-Like Real Estate Investment...

New York
The Securities and Exchange Commission filed an emergency action charging Robert C. Morgan, a New York residential and commercial real estate developer, and two of his entities, Morgan Mezzanine Fund Manager LLC and Morgan Acquisitions, LLC, with fraud for siphoning and misusing investor funds. In its action
EPA

Florida to Receive $419,000 from EPA for Beach Water Quality Monitoring

Florida
As the nation heads into the summer beach season, the U.S. Environmental Protection Agency (EPA) has begun awarding up to $9.24 million across 39 states, territories and tribes to develop and implement beach monitoring and notification programs. Upon meeting the eligibility requirements, Florida will receive $419,000.
HUD - U.S. Department of Housing and Urban Development

HUD ANNOUNCES AGREEMENT RESOLVING DISCRIMINATION ALLEGATIONS INVOLVING CALIFORNIA PROPERTY MANAGEMENT COMPANY

California
The U.S. Department of Housing and Urban Development (HUD) today announced a fair housing agreement between a San Diego-area property management company and a family with a child who has a respiratory disability.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers

BLM TERMINATING LAND USE PLAN DEVELOPMENT IN NORTHWEST CALIFORNIA

California
The Bureau of Land Management is terminating development of a new resource management plan for public lands managed by the Arcata and Redding field offices in northwest California.
Vista Village_1

CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of Vista Village in Vista,...

California
CBRE Vice Chairman Philip D. Voorhees announced today that the National Retail Partners-West (NRP-West) completed the sale of Vista Village in North County San Diego, Calif.

Popular


DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act

Business Real Estate Press Releases

MLSGRiD

MLS Grid Earns Innovator Award Finalist Selection

MLS Grid, the real estate industry collaborative of multiple listing services (MLSs) providing an easy way to deliver standardized data, has earned a coveted spot as a “2019 Inman Innovator Award” finalist.

Recent Gov & Nonprofit Real Estate Press Releases

MLSGRiD

MLS Grid Earns Innovator Award Finalist Selection

MLS Grid, the real estate industry collaborative of multiple listing services (MLSs) providing an easy way to deliver standardized data, has earned a coveted spot as a “2019 Inman Innovator Award” finalist.