Washington, DC, October 10, 2007 --Thank you, Secretary Jackson, for being here today. And thank you to everyone here today with one common objective – helping homeowners stay in their homes. We all know well the turmoil in today's mortgage markets. A combination of stagnant or falling house prices, low down payment mortgages and resetting adjustable-rate mortgage rates are creating real challenges for many American homeowners.
Washington, DC, October 17, 2007 -- By a vote of 75-19, the full U.S. Senate last night approved the FY 2008 Commerce, Justice, Science, and Related Agencies (CJS) funding bill, providing a $41.4 million or 12 percent budget increase for the Legal Services Corporation (LSC), the nation's single largest source of funding for civil legal aid for the poor. LSC would receive a total of $390 million, approaching the $400 million received in FY 1995, the high-water mark in the Corporation's 33-year history.
Washington, D.C., October 2, 2007 —Senate Majority Leader Harry Reid, Speaker Nancy Pelosi, Senators Chris Dodd and Charles E. Schumer, and Reps. Barney Frank and Carolyn Maloney today offered a plan to stem the rising tide of home foreclosures created by the subprime mortgage market crisis
Washington, DC, October 22, 2007 - Reps. Brad Miller (D-NC), Mel Watt (D-NC) and Barney Frank (D-MA) today introduced comprehensive legislation to combat abuses in the mortgage lending market, and to provide basic protections to mortgage consumers and investors. The bill, H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will reform mortgage practices in three areas.
WASHINGTON, Oct. 18 /PRNewswire/ -- American consumers give their own banks and credit card companies a 76 percent approval rating when it comes to being fair when disclosing terms to customers; they also rank their own personal banks and credit card companies far higher than the federal government when it comes to helping them handle their overall finances, according to the Second Annual Financial Fitness Survey released by The Financial Services Roundtable.
National Association of Realtors(R) Revised 2007-2008 Statistical & Forecast News Release Schedule All released at 10:00 a.m. Eastern Time except November Forecast/PHSI
WASHINGTON, Oct. 10 /PRNewswire-USNewswire/ --- The Antitrust Division of the Department of Justice launched a new Web site today to educate consumers and policymakers about the potential benefits that competition can bring to consumers of real estate brokerage services and the barriers that inhibit that competition
Study: Wal-Mart Systematically Challenges Property Tax Assessments, Cutting Support for Schools and Other Government...
WASHINGTON, Oct. 10 , /PRNewswire-USNewswire/ --- The first-ever investigation of Wal-Mart's local property tax records finds that the retailer systematically seeks to minimize its payments that support schools and other government services. That's the finding of Rolling Back Property Tax Payments, a report released today by Good Jobs First, a non-profit research center.
WASHINGTON, Oct. 4, /PRNewswire-USNewswire/ -- Many disaster survivors who have been forced from their homes will access critically needed housing information and assistance more quickly because of an agreement signed today between the American Red Cross and the U.S. Department of Housing and Urban Development (HUD).
CHICAGO, Oct. 4 /PRNewswire-USNewswire/ -- The National Association of Realtors(R) Center for REALTOR(R) Technology has released a free software toolkit to facilitate open standards-based Single Sign-On. SSO is an authentication process that allows users to enter one username and password to access all online real estate applications.
WASHINGTON, Oct. 2 /PRNewswire-USNewswire/ -- The American Planning Association (APA) today announced the country's first 10 Great Neighborhoods and 10 Great Streets to be singled out through the new national program, "Great Places in America." Launched last spring, Great Places in America is APA's flagship program celebrating places of exemplary character, quality, and planning. Places are selected annually and represent the gold standard in terms of having a true sense of place, cultural and historical interest, community involvement, and a vision for tomorrow.
WASHINGTON, Oct. 2 /PRNewswire-USNewswire/ -- Pending sales of existing- homes activity will be dampened near-term as mortgage disruptions continue to impact the housing market, according to the National Association of Realtors(R).
Media Advisory: Center for Responsible Lending senior vice president Keith Corbett will be on a panel to discuss the impact of subprime lending on communities of color
WASHINGTON, Sept. 26 /PRNewswire-USNewswire/ -- The U.S. General Services Administration has completed a draft master plan and draft environmental impact study at St. Elizabeths Hospital, marking another milestone in GSA's effort to establish a permanent, consolidated home for the Department of Homeland Security (DHS).
Home Equity Lines of Credit --- Who Uses This Source of Credit? -- This report profiles single-family homeowners who used home equity lines of credit in 2001 and compares them to their counterparts from 10 years earlier, including age, home value, mortgage, age of home, number of loans for home improvements and proportion of people using home equity for debt consolidation.