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
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.
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)
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.
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.
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.
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
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.
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.
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.
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
WASHINGTON, DC - November 22, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today unveiled a new website that consolidates a wide variety of economic and housing market data at the regional, state, metropolitan area and county levels. Using data from the Census Bureau, Labor Department, State and Local governments, housing industry sources, as well as HUD’s own field economists, the new website employs interactive maps that allow visitors to access a variety of reports – from a region-wide look at employment and housing activity to individual county-level figures on population trends, rental activity and vacancy rates.
WASHINGTON, D.C. - November 22, 2010 - (RealEstateRama) -- Homeowners will be protected by a new Federal Trade Commission rule that bans providers of mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they decide is acceptable
Philadelphia Hosts 14th National Brownfields Conference at Pennsylvania Convention Center April 3-5, 2011
WASHINGTON D.C.- November 22, 2010 - (RealEstateRama) -- More than 6,000 environmental and economic development officials, finance and insurance providers, risk managers, planners, attorneys, civil engineers and students are expected to attend the U.S. EPA co-sponsored National Brownfields Conference, April 3-5, 2011, at the Pennsylvania Convention Center in Philadelphia.
WASHINGTON, DC - November 22, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the November edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard). The latest housing figures show continued signs of stabilization in house prices and high home affordability due in part to record low mortgage interest rates. The housing scorecard is a comprehensive report on the nation’s housing market.
VICE PRESIDENT BIDEN ANNOUNCES NEW INITIATIVES TO HELP HOMEOWNERS, VETERANS, AND WORKERS ACCESS LEGAL...
WASHINGTON, DC - November 22, 2010 - (RealEstateRama) -- At a Middle Class Task Force event today, co-hosted by the Department of Justice’s Access to Justice Initiative, Vice President Biden announced a series of steps designed to help middle class and low-income families secure their legal rights. These actions include strengthening foreclosure mediation programs, helping veterans secure the legal help they need, and making it easier for workers to find a qualified attorney when they believe their rights have been violated.
Washington, DC- November 22, 2010 - (RealEstateRama) -- Identity theft is becoming one of the fastest growing crimes in America, and the National Association of Realtors® is committed to helping members keep their identities safe. Toward that end, the IdentitySecure Program for Realtors® is now available through NAR’s REALTOR Benefits® Program in partnership with Affinion Benefits Group, LLC.
Senior U.S. District Court Judge Pleads Guilty to Possession of Controlled Substances and Conversion...
WASHINGTON, DC - November 19, 2010 - (RealEstateRama) -- Senior U.S. District Judge Jack T. Camp Jr., pleaded guilty today in U.S. District Court in Atlanta to possession of controlled substances and conversion of government property, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division, Special Agent in Charge Brian D. Lamkin of the FBI’s Atlanta office and Director Vernon Keenan of the Georgia Bureau of Investigation.
Vice President Biden Announces New Initiatives to Help Homeowners, Veterans, and Workers Access Legal...
WASHINGTON, DC - November 19, 2010 - (RealEstateRama) -- At a Middle Class Task Force event today, co-hosted by the Department of Justice’s Access to Justice Initiative, Vice President Biden announced a series of steps designed to help middle class and low-income families secure their legal rights. These actions include strengthening foreclosure mediation programs, helping veterans secure the legal help they need, and making it easier for workers to find a qualified attorney when they believe their rights have been violated.
Four Outstanding Developments Receive Jack Kemp Workforce Housing 2010 Models of Excellence Award from...
WASHINGTON, DC - November 19, 2010 - (RealEstateRama) -- Exemplary achievements in the development of workforce housing are being celebrated tonight by the Urban Land Institute (ULI) Terwilliger Center for Workforce Housing. Four developments --33Comm in Chestnut Hill, Mass.; Capitol Quarter: Phase 1 in Washington, D.C.; Fire Clay Lofts in Denver; and Miller’s Court in Baltimore have been selected as the winners of the ULI Terwilliger Center’s Jack Kemp Workforce Housing Models of Excellence Awards.
Winter is approaching, and if you live in cold country, you might be reconsidering your geographic location. Or maybe you live in the sunny states and find yourself pining away for a winter wonderland.
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a four-hour classroom seminar on developing the value
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA)
During its annual convention from November 8-11, the National Association of Realtors® celebrated the Good Neighbor Awards 20th year of the Good Neighbor Awards
The principals and co-founders of a North Andover mortgage short sale assistance company were charged today in connection with defrauding mortgage lenders and investors
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $60.046 billion in October, providing financing for more than 229,000 homeowners and renters
The Center for American Progress released a new issue brief that looks at how many cities’ all-of-the-above strategies ultimately increase dependence on automobiles.
According to the Occupational Safety and Health Administration(link is external) (OSHA), falls are the leading cause of private sector worker fatalities in the construction
Associated Builders and Contractors’ Board of Directors elected Tim Keating, owner and president, R. C. Stevens Construction Co., to serve as the 2020 ABC national chair
Mercy Housing Southeast Receives Financial Support and Tax Credits for Greenville area Affordable Housing
Mercy Housing Southeast announces the award of Low-Income Tax Credits (LIHTC) for a 46-unit affordable housing community in Mauldin, SC. Championed by Bon Secours St. Francis Health
SAN FRANCISCO (November 10, 2019) – A variety of the latest and most trendy tech tools in real estate were discussed Saturday afternoon as tech savvy...
Operation HOPE today announced the appointment of Jason Schraub as Vice President and member of the senior management group, effective October 8. Schraub has served as Regional Vice President
The Financial Crimes Enforcement Network (FinCEN) today announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold remains $300,000 for each covered metropolitan area.
The National Association of Home Builders (NAHB) announced the finalists for its 2020 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry.
Associated Builders and Contractors Vice President of Health, Safety, Environment and Workforce Development Greg Sizemore spoke at a Nov. 7 Occupational Health and Safety Administration
On Monday, Texas Governor Greg Abbott ignored the voices of countless Austin residents when he ordered the displacement of homeless people living under Texas
Cybercrimes, including those involving transfer fraud and compromised records in real estate transactions, have increased over the past two years, and in 2019
MISMO®, the mortgage industry's standards organization, has issued its Taxpayer Consent Language, which permits lenders to share tax information received
The Mortgage Bankers Association (MBA) announced today the formation of two advisory councils as part of its new affordable housing initiative.
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
WASHINGTON – U.S. Secretary of the Interior David Bernhardt inspected a key piece of national water infrastructure at Morrow Point Dam, located on the Gunnison...
South Carolina REALTOR® (SCR) member, past president and Realtor® at Coldwell Banker Residential Brokerage in Columbia, was named the association’s 2019 REALTOR® of the Year at its annual conference at the Francis Marion Hotel in Charleston on September 11, 2019.
Mississippi households in eight counties impacted by the storms, straight-line winds, tornadoes and flooding beginning on February 22 and continuing to March 29, 2019 are eligible to apply for federal disaster assistance to help
Last week CREW Miami (Commercial Real Estate Women) held its September lunch program, The Wizards of OZ hosting a panel of experts who discussed and answered questions about recent Opportunity Zone transactions
GCAAR is pleased to present its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Look to GCAAR as your source for comprehensive market data on the Washington, DC metro area market.
If you're in California, you need to visit Riverside. Here's why. The largest city in the area of California known as the 'Inland Empire,' Riverside is a popular destination for people looking to escape the big city life of Los Angeles. Some sixty miles east, Riverside features beautiful architecture, a vibrant downtown area, and stunning views from its many mountain hikes
FEMA has approved $2,202,339 for the State of Florida to help Lake County defray the costs of debris removal for Hurricane Irma under FEMA’s Public Assistance Program. FEMA funds will reimburse the county for the collection, reduction, disposal and site management of debris within Lake County between Sept. 18
Justice Department Resolves Claims that California Loan Modification Service Providers Discriminated Against Hispanic Homeowners...
The Department of Justice today announced a series of settlements to resolve allegations that several California-based mortgage loan modification service providers engaged in national origin discrimination in violation of the federal Fair Housing Act
Conservation organizations sued San Diego County today for approving Otay Ranch Village 14, a sprawl development that will pave over hundreds of acres of habitat for golden eagles and other imperiled wildlife and build new homes in one of California’s most dangerously fire-prone areas.
The Rebuild Texas Fund has awarded the Texas State Affordable Housing Corporation (TSAHC) and Enterprise Community Partners (Enterprise) a $1.1 million follow-up grant to support the Housing and Economic Assistance to Rebuild Texas (HEART) Program. HEART
The NYU Furman Center and Abt Associates announced today the cities of Atlanta, Minneapolis, Philadelphia, and San Antonio as the first cohort selected to participate in the inaugural Local Housing Solutions Institute
The National Housing Conference (NHC), the nation’s oldest, affordable housing coalition, announced that, Kimani Little of Federal Home Loan Bank of New York and Connie Wright of Wells Fargo has joined NHC’s Board of Governors
Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors®.
SACRAMENTO, Calif. — (RealEstateRama) — Sherwana Lynn Marcus, also known as Sherwana Granderson and Sherwana Santana, 47, was arrested today on a 36-count federal...
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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.
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, 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
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.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
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
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
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.
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.
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
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
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.”
“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
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