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Press Releases

ABA Endorses Arch Mortgage Insurance PMI Products

The American Bankers Association – through its subsidiary the Corporation for American Banking – has endorsed the mortgage insurance solutions of Arch Mortgage Insurance Company?, a leading provider of private mortgage insurance and a wholly-owned subsidiary of Arch Capital Group Ltd.

Rohnert Park Health Center Celebrates Grand Opening

Rohnert Park Health Center will hold its Grand Opening Celebration and Ribbon Cutting on August 12 , during National Health Center Week. The celebration will be hosted by both the health center and the building owner, Meridian, and will feature keynote speaker Senator Ricardo Lara, the author of SB4, the Health for All Act.

Don’t Let Municipal Violations Bring Down Your House

In an eye-opening episode of HBO’s “Last Week Tonight,” host John Oliver provided an in-depth look at municipal violations (video), and how they could be harming the nation. Often times, when people think of municipal violations they think of traffic infractions and minor crimes; they don’t think their homes are in danger.

DataQuick Offers Online Resource for Local Market Analysis

SAN DIEGO - July 2, 2013 - (RealEstateRama) -- DataQuick®, a Mortgage Technology Top 50 service provider, now offers its high-quality data, proprietary analytics and research expertise as an online resource through the company’s website. The site gives lenders, originators and investors convenient access to local market data and insight built from the nation’s largest independent property database

FHLBank Pittsburgh Welcomes Three New Members in First Half of 2013

PITTSBURGH - July 1, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today that in the first half of 2013, three new members joined the Bank’s cooperative of banks, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia Offers a Look Ahead of that Rainy Day

WASHINGTON, D.C. - February 18, 2013 - (RealEstateRama) -- There could be a disaster ahead for insurance consumers or not. Should they count on their insurance? They can, according to consumer advocate Antone P. Braga. "Most people think they are financially prepared for a disaster simply because they carry insurance.

Changes Coming to FHA Program as of April 1

WASHINGTON, D.C. - February 12, 2013 - (RealEstateRama) -- The Federal Housing Administration (FHA) has announced new regulations which go into effect on April 1, 2013. These regulations were developed to provide additional revenues for the insurance fund (making more moneys available for any future housing" bubble") and to add additional underwriting standards for specific insured loans (see below).

FHA PMI Changes

Cary, NC - April 11, 2012 - (RealEstateRama) -- HUD is requiring some changes in FHA Mortgage Insurance. The requirements are caused, of course, because the FHA Insurance Fund has taken a beating in the past few years, as more and more people with a FHA Insured Loan have gone into Foreclosure

Husband and Wife Realtor Team Earn Community Service Award

Marietta, GA - March 5, 2012 - (RealEstateRama) -- Long-time RE/MAX Greater Atlanta husband-wife team Rosalee and Earl Whitley were honored with a community service award from the Cobb Association of Realtors at the organization’s year-end meeting.


Houston, TX - January 31, 2012 - (RealEstateRama) -- CBRE has arranged $250.0M in debt financing for the acquisition of Hess Tower, a 844,736-square-foot, Class AA trophy office asset in the Houston CBD. CBRE Capital Markets Senior Vice President Michael Strober worked on behalf of the borrower, H&R REIT to secure the eight-year, fixed-rate loan at 4.5% per annum through Pacific Life Insurance Company. Strober, based in Tampa, FL, was joined in representing H&R REIT by Bernard Branca and Greg Greene of CBRE Capital Markets in Houston and Dallas, respectively.

Swig Equities Closes Lease with Situs Holdings, LLC at 48 Wall Street

New York, NY - January 11, 2012 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC and owner of the landmark building at 48 Wall Street, announced the signing of a new lease for Situs Holdings, LLC who will occupy 13,650 square feet on...

Veterans Mortgage Life Insurance Maximum Coverage Increases

WASHINGTON, DC - November 9, 2011 - (RealEstateRama) -- The Department of Veterans Affairs announced today that the maximum amount of Veterans Mortgage Life Insurance (VMLI) increased from $90,000 to $150,000, effective Oct. 1, under the Veterans’ Benefits Act of 2010. Maximum coverage will further increase from $150,000 to $200,000 after Jan. 1, 2012

While Relatively Few Homeowners in Catastrophe-Prone Areas Have Earthquake or Flood Insurance Coverage, Those with Flood Insurance Are Significantly Less Satisfied with Their Policies Overall

WESTLAKE VILLAGE, CA - September 1, 2011 - (RealEstateRama) -- Among homeowners insurance policyholders, those with flood insurance tend to be significantly less satisfied with their policy coverage, compared with policyholders who opt not to carry it, according to the J.D. Power and Associates 2011 U.S. National Homeowners Insurance StudySM released today.


Washington, DC - July 13, 2011 - (RealEstateRama) -- today urged the United States Senate to immediately act on National Flood Insurance Program (NFIP) reform without weakening the legislation’s effectiveness. The House of Representatives passed legislation to reauthorize the program until Sept. 30, 2016 on an overwhelming bipartisan vote of 406-22.

Second Building Phase at Cranberry Hill Estates Selling Briskly

SHELTON, CT - July 1, 2011 - (RealEstateRama) -- A one-of-a-kind mix of classic style, smart energy-efficient features and luxurious amenities have helped propel steady sales at Shelton’s new Cranberry Hill Estates as phase two of construction at the Armstrong Road community continues, reports John Tarducci, Senior Vice President of the New Homes Division at William Raveis Real Estate, Mortgage & Insurance.

BuildFax Teams With Equifax to Deliver Unique Property History Intelligence Assets to Insurance Sector

Austin, TX - June 7, 2011 - (RealEstateRama) -- BuildFax, the industry's exclusive creator of the largest commercial and residential permitting database in the United States, today announced that it has joined forces with Equifax Inc. (NYSE:EFX) to give property & casualty insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception. Now, Equifax customers can gain immediate access to BuildFax’s unique, differentiated data assets, which include property history information representing 60 percent of the nation’s building permit volume. Through this relationship, insurance carriers can improve the accuracy of underwriting valuation models to develop more effective pricing strategies and reduce the potential for fraud

Storm Chasers & Home Improvement Scams

West Haven, CA - June 6, 2011 - (RealEstateRama) -- Well the season for strong storms has arrived, which are typically followed by beautiful weather. Unfortuantely, these severe weather patterns are also follwed by storm chasers, and not the kind looking to catch a cow flying through the air on video. These storm chasers are looking to take advantage of bewildered, confused, and desperate homeowners looking to get their homes back in good shape as soon as possible.

Phase 2 Construction Starts at Cranberry Hill Estates

SHELTON, CT - May 17, 2011 - (RealEstateRama) -- Early sales success at Shelton’s Cranberry Hill Estates has accelerated the start of Phase 2 construction at the Armstrong Road community, announced John Tarducci, Senior Vice President of the New Homes Division at William Raveis Real Estate, Mortgage & Insurance.

Steve Slepcevic – Disaster recovery Ideas Provide to decrease the disaster’s affect

Los Angeles, CA - April 18, 2011 - (RealEstateRama) -- Paramount Disaster Recovery Company invented by Mr.Steve Slepcevic is most important national disaster response, revitalization and revival Company in the USA. Paramount Disaster has become a major head in national adversity crisis response and in creation under the brilliant guidance of Mr. Steve Slepcevic.

New Product Line Offered To Mortgage & Insurance Companies

West Haven, CT - April 13, 2011 - (RealEstateRama) -- ConstructionConfidant.Com is proud to to announce that our popular "Homeowner Defender Service" is now available to serve the needs of the mortgage banking and home insurance agencies accross the country. Our unique and innovative approach helps protect homeowners from home improvement scams, control unforseen costs, and walks your clients through the entire construction process.