California RealEstateRama
Australian Jockey Sentenced to Four Years in Prison for Laundering Proceeds of Multi-Million-Dollar Real...
RIVERSIDE, CA - November 21, 2012 - (RealEstateRama) -- An Australian man who once worked as a jockey has been sentenced to four years in federal prison for concealing the proceeds of a loan fraud scheme that caused victims to lose more than $5 million...
Congresswoman Waters Issues Statement on FHA’s Annual Report
Washington, DC - November 19, 2012 - (RealEstateRama) -- Congresswoman Maxine Waters (CA-35) released the following statement in response to the Federal Housing Administration’s annual financial status report issued to Congress today:
San Francisco City Hall & Seven Other Historic Civic Center Buildings File For LEED...
San Francisco, CA - November 15, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today at the U.S. Green Building Council Greenbuild International Conference and Expo being held at the Moscone Convention Center announced that the City and County of San F...
Congresswoman Matsui Announces Nearly a Million Dollars for Sacramento County Health Care for the...
SACRAMENTO, CA - November 15, 2012 - (RealEstateRama) -- Congresswoman Doris Matsui (CA-05) today announced that Sacramento County’s Department of Health and Human Services has received a continuation of their $962,901 grant from the U.S. Department ...
C.A.R. calls for change of leadership at FHFA
LOS ANGELES, CA - November 6, 2012 - (RealEstateRama) -- The following is a statement by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) on last week’s announced REO bulk sale transaction between Fannie Mae, the Federal Housing Finance Agency (FHF...
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...
WASHINGTON, DC - November 1, 2012 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern Californ...
Woman Who Organized $20 Million Mortgage Fraud Scheme in Southern California Pleads Guilty in...
November 1, 2012 - (RealEstateRama) -- A former Southern California resident pleaded guilty today in federal court in Portland, Oregon, to mail fraud charges for orchestrating a mortgage fraud scheme that used fraudulent loan applications and supportin...
Project Homeless Connect Launches Every Day Connect
San Francisco, CA - October 25, 2012 - (RealEstateRama) -- Mayor Edwin Lee and Lieutenant Governor Gavin Newsom today launched a new Project Homeless Connect service – Every Day Connect – to meet the needs of people every day who are homeless or in...
Former Mountain View Businessmen Sentenced in Real Estate Investment Fraud Case
SAN FRANCISCO, CA - October 18, 2012 - (RealEstateRama) -- Edward G. Locker was sentenced this week to 30 months in prison for his role in a real estate investment fraud scheme, United States Attorney Melinda Haag announced. On September 24, 2012, co-d...
San Fernando Valley Woman Agrees to Plead Guilty in Multi-Million-Dollar Real Estate Ponzi Scheme
LOS ANGELES, CA - October 16, 2012 - (RealEstateRama) -- A San Fernando Valley real estate agent and self-described real estate investor has agreed to plead guilty to running a multi-million-dollar Ponzi scheme out of companies based in the Santa Clari...
Mayor Lee Announces Moscone Center Achieves LEED Gold
October 16, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today announced Moscone Center has received LEED Gold certification, the first convention center on the West Coast to attain the green building honor. The LEED (Leadership in Energy and Environm...
Mother and Son Real Estate Professionals Sentenced to Prison for $8 Million Mortgage Fraud...
October 10, 2012 - (RealEstateRama) -- United States Attorney Laura E. Duffy announced today that Orange County attorney Stephen Kenneth Chrysler was sentenced to serve 37 months in prison for his role in an $8 million mortgage fraud scheme involving 1...
Department of Justice Announces Results of Distressed Homeowner Initiative
LOS ANGELES, CA - October 10, 2012 - (RealEstateRama) -- Today, Attorney General Eric Holder, Housing and Urban Development (HUD) Secretary Shaun Donovan, FBI Associate Deputy Director Kevin L. Perkins, and Federal Trade Commission (FTC) Chairman Jon L...
Los Angeles Man Sentenced to Over Three Years in Federal Prison in Home Loan...
LOS ANGELES, CA - October 3, 2012 - (RealEstateRama) -- A 50-year-old resident of Tujunga was sentenced this morning to 37 months in federal prison for his participation in a home equity line of credit (HELOC) scheme that resulted in losses of more tha...
Attorney General Kamala D. Harris Announces Final Components of California Homeowner Bill of Rights...
SACRAMENTO, CA - September 26, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced that the final parts of the California Homeowner Bill of Rights have been signed into law by Governor Jerry Brown.
Congressman McNerney Announces Foreclosure Assistance And First-Time Homebuyers Workshop
Stockton, CA - September 25, 2012 - (RealEstateRama) -- Next Sat., Sept. 29, 2012, Congressman Jerry McNerney (D-Stockton) will attend a foreclosure assistance and first-time homebuyers workshop in Stockton. The Congressman will speak at the event at ...
Owner of a Pasadena Mortgage Company Sentenced to Nine Years in Federal Prison in...
SANTA ANA, CA - September 24, 2012 - (RealEstateRama) -- The owner of a Pasadena mortgage brokerage firm was sentenced today to 108 months in federal prison for participating in a mortgage fraud scheme that obtained more than $30 million in loans.
Attorney General Kamala D. Harris Announces Arrests of Four Individuals in Northern California Real...
SACRAMENTO, CA - September 24, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris announced the arrest Thursday of four suspects who have been charged with securities fraud, conspiracy and elder abuse for operating a Ponzi scheme that bilked ...
Boxer, Menendez Call for Action to Help Homeowners Refinance Following Fed Announcement
Washington, D.C. - September 17, 2012 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA) and Robert Menendez (D-NJ) called on Congress to move quickly to pass their legislation that could help millions of American families refinance following the...
Capps Joins Members of the Sustainable Energy and Environment Coalition to Urge Passage of...
WASHINGTON, DC - September 14, 2012 - (RealEstateRama) -- Congresswoman Lois Capps (CA-23) joined her colleagues in the Sustainable Energy and Environment Coalition (SEEC) on the floor of the House of Representatives urging the Speaker to immediately r...
