San Diego, CA - February 4, 2013 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2012. At the top of the list of firms is Wells Fargo with $429.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.6 billion, Berkadia Commercial Mortgage LLC with $197.3 billion, Bank of America Merrill Lynch with $112.5 billion, and KeyBank Real Estate Capital with $101.2 billion.
MBA Forecasts $254 Billion of Commercial/Multifamily Mortgage Originations in 2013, Up 11% From 2012
San Diego, CA - February 4, 2013 - (RealEstateRama) -- In its second annual forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multifamily mortgages are forecast at $100 billion in 2013.
San Diego, CA - February 4, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- Four teams came together to take on one assignment: design a home that would best meet the needs of a wounded hero. The National Association of Home Builders (NAHB) Design Committee announced the winning team of its first-ever live design competition held during the International Builders’ Show (IBS) last month in Las Vegas.
Albania - February 4, 2013 - (RealEstateRama) -- Sweden, Stockholm Exhibition for properties has now turned into a place where buyers and sellers alike can get in touch with actual clients. Such exhibitions are now being looked as the best place to fin...
Albania - February 4, 2013 - (RealEstateRama) -- Stockholm, Sweden Property exhibitions in the current times are considered as the best venues to find the most sought after properties for sale. The trend has gained ample momentum but is still lacking i...
Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (avera...
PHOENIX, AZ - February 4, 2013 - (RealEstateRama) -- Lee & Associates Arizona is pleased to announce the promotion of two Associates, Matt Fredrick and Colton Trauter to Principals. Both brokers had exceptional results in 2012 which capped off year...
Northbrook, IL - February 4, 2013 - (RealEstateRama) -- The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease Auto Parts Store Market.
Beckley, WV - February 4, 2013 - (RealEstateRama) -- The Blueprint Communities initiative, delivered to 10 West Virginia communities by the Federal Home Loan Bank of Pittsburgh (FHLBank) in 2007, is coming back to the Mountain State in 2013.
West Hartford, CT - February 4, 2013 - (RealEstateRama) -- The real estate market is heating up! Meet some of Connecticut's most successful investors as they share real creative financing deals and how they did
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Center on Budget and Policy Priorities recently held a webinar to discuss the impacts the federal budget will have on low income housing and community development programs. As expected the outlook is grim. With sequestration on the horizon and uncertainty as to whether Congress will be able to agree on a budget resolution, there are many unknowns. One thing that is certain is that funding levels will fall regardless of the outcome.
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the progra...
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- If you are performing construction work for pay in a home, apartment, or child-occupied facility built before 1978, you MUST be certified and use lead safe work practices unless you prove through testing that the job will not disturb lead paint. These and other requirements are part of a federal regulatory program called the “Lead Renovation, Repair, and Painting (LRRP)” rule.
February 4, 2013 - (RealEstateRama) -- Raleigh: Homeowners whose mortgage loan is serviced by Bank of America can get free help Monday through Wednesday at an event in Raleigh, Attorney General Roy Cooper said today.
Governor Cuomo Announces Initiatives to Help New York Dairy Farmers Increase Profitability and Reduce...
New York, NY - February 4, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced two programs that will help dairy farmers in New York expand their businesses, increase profitability and reduce their energy costs. These initiatives were t...
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- Today, U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) called on the U.S. Department of Housing and Urban Development (HUD) to make additional resources available to New Jer...
February 4, 2013 - (RealEstateRama) -- The Michigan Association of REALTORS® (MAR) CEO Bill Martin announced that Rob Campau, Vice President of Public Policy and Legal Affairs, has been promoted to Chief Operating Officer (COO). In addition, Brad Ward...
Grand Rapids, MI - February 4, 2013 - (RealEstateRama) -- The Grand Rapids Home for Veterans is enlisting residents to help the organization win a $25,000 Home Depot gift card by voting daily in The Home Depot Foundation's second annual Aprons in Actio...
DENVER - February 4, 2013 - (RealEstateRama) -- Steven J. Mascarenas, 53, of Westminster, Colorado, was sentenced recently by U.S. District Court Judge Robert E. Blackburn to serve 72 months in federal prison for wire fraud, making a false statement to...
Thirty-four states and the District of Columbia added construction jobs between December 2018 and December 2019, while construction employment increased in 29 states from November
Selling a home is not always the right move financially as a home can increase in value and provide rental income. A home that is in an area that has had a bad housing market recently is wise to wait out. Taking a huge loss on a home due to selling after a few years can put the homeowner behind financially for years. Staying in a current home could be the best move or a great option would be to rent the space out. The rent from your current home could cover or nearly cover a mortgage on a new home.
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline from October’s reading.
ADMINISTRATION’S NEW WATERS RULE WILL PROTECT VITAL WATERWAYS WHILE ELIMINATING CONFUSION THAT THREATENED TO...
Trump Administration's Navigable Waters Protection Rule Will Provide Permitting Clarity For Needed Infrastructure
The annual meeting of the National Institute of Building Sciences includes 46 sessions on resilience, building technology and workforce
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $54.74 billion in December, providing financing for more than 214,999 homeowners and renters.
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its December 2019 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta.
The State of North Carolina and FEMA are announcing an additional $2.9 million to reimburse expenses to restore hurricane- and tropical storm-related beach damage
Meridian, a full-service real estate developer and owner of general and medical office real estate, is pleased to announce that it has completed the sale of Sutter Square, a 174,689-square-foot, nine-story office building located at 1800 Sutter Street
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
Statement by MBA President and CEO Bob Broeksmit about the CFPB's letter to senior members of Congress regarding the Bureau's plans for a revised Qualified Mortgage standard
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the fourth quarter of 2019, up three points from the previous quarter.
Single-family starts should continue on a gradual, upward trajectory in 2020, fueled by solid job growth and low mortgage rates that will keep demand firm, according to economists speaking at the International Builders’ Show in Las Vegas today
If you want to be as helpful as possible as a real estate agent, you don’t only strive to ease the process of finding a new home for your clients but try to make the moving stress-free and efficient. How to do that? We got you covered with this guide that contains various tips that will really help your clients with everything relocation-wise.
Proposal from HUD to Effectively Eliminate Affirmatively Furthering Fair Housing Rule Weakens Enforcement of Fair Housing Laws, Reinforces Decades of Discriminatory Practices
The Bureau of Land Management is offering a $1,000 reward for information leading to the arrest and conviction and/or civil prosecution of the person(s) responsible for the vandalism and theft of government property stolen from Desert Springs Remote Automated Weather Station (RAWS) near Hungry Valley, NV
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 has arranged the sale of a single-tenant net-lease property occupied
CHICAGO - RealEstateRama - The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced that the organization will seek in 2020 to...
Following a vote by its board of directors, the Solar Energy Industries Association (SEIA), the nation’s leading solar advocacy organization, announced that George Hershman, president of Swinerton Renewable Energy
Enterprise Community Partners and Wells Fargo Launch the Housing Affordability Breakthrough Challenge
Competition will award $12 million in grants for six innovative proposals that advance creative housing affordability solutions. Enterprise Community Partners (Enterprise)
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 has completed the sale of a brand-new, single-tenant Starbucks
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
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.
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