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Pennsylvania RealEstateRama

Pennsylvania RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Pennsylvania Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Pennsylvania.

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Treasurer McCord to Fire, EMS Companies: Hundreds of Thousands of Dollars in Unclaimed Property...

Harrisburg, PA - October 18, 2011 - (RealEstateRama) -- During National Fire Prevention Week, Pennsylvania State Treasurer Rob McCord today said Treasury is working to return $207,256 in unclaimed property to 330 fire companies and emergency medical se...

CONTRACT TALKS OPEN FOR MORE THAN 2,600 PHILADELPHIA PROPERTY SERVICE WORKERS

Philadelphia, PA - September 13, 2011 - (RealEstateRama) -- Negotiations for a new union contract covering more than 2,600 property service workers in Philadelphia began on Friday between 32BJ and representatives of the real estate industry. 32BJ pr...

Public reminded that foreclosure assistance deadline is Sept. 16

HARRISBURG, PA - September 5, 2011 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency is encouraging homeowners in danger of foreclosure to contact an approved counseling agency and submit their applications for the Emergency Homeowners’...

Democratic Policy Committee Public Hearing on State Budget Cuts

Harrisburg, PA - August 16, 2011 - (RealEstateRama) -- The Housing Alliance of Pennsylvania is a statewide membership organization working to increase the availability of homes within reach of all Pennsylvanians, especially those with low incomes. Ou...

PHFA announces $11.2 million in funding and approximately $30 million in tax credits for...

HARRISBURG, PA - July 15, 2011 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency yesterday conditionally approved $11.2 million in funding and approximately $30 million in tax credits for the construction of affordable multifamily housing developments located throughout Pennsylvania.

Beacon Leases 27,500 Square Feet at Biomed Realty Trust’s Eisenhower Property

Beacon Commercial Real Estate - July 6, 2011 - (RealEstateRama) -- Taylor Young of Beacon Commercial Real Estate, LLC represented the landlord, BioMed Realty Trust, Inc., in leasing 11,185 square feet of office space to Ferrandino & Son, Inc. at 2600 Eisenhower Avenue, Valley Forge, Pennsylvania.

McCord Treasury Readying $240 Million in Property Tax, Rent Rebates for PA’s Citizens

HARRISBURG, PA - June 30, 2011 - (RealEstateRama) -- Wondering where your property tax or rent rebate payment is? State Treasurer Rob McCord provided an answer today when he said Treasury will issue approximately half a million payments totaling $240 million to Pennsylvanians on July 1.

Husband and Wife Convicted in Foreclosure Rescue and Mortgage Fraud Scheme

PHILADELPHIA, PA - June 30, 2011 - (RealEstateRama) -- Edward G. And Jacqueline McCusker, both 47, of New Hope, PA, were convicted today in connection with a $14.6 million mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans, announced United States Attorney Zane David Memeger. The couple was convicted of conspiracy to commit mail and wire fraud, conspiracy to commit money laundering, six counts of wire fraud and three counts of mail fraud. Edward McCusker was also convicted of an additional count of mail fraud. The McCuskers operated Axxium Mortgage, Inc., along with co-defendant John Bariana who pleaded guilty and is awaiting sentencing. Co-defendants Jeffrey A. Bennett and Stephen G. Doherty, owners of the Doylestown law firm Bennett & Doherty, P.C., also pleaded guilty and are awaiting sentencing

Treasurer McCord Reunites Erie City School District with Over $20,000 in Unclaimed Property; Says...

ERIE, PA - June 22, 2011 - (RealEstateRama) -- Pennsylvania Treasurer Rob McCord – seeking to reunite more than $650,000 in unclaimed property with the state’s K-12 schools – visited the Erie City School District today to return over $20,000 to administrators there, and he said the returned money should be used to help preserve educational opportunities in challenging economic times.

New Jersey Man Sentenced to More Than 13 Years for Foreclosure Rescue Scam

PHILADELPHIA, PA - June 21, 2011 - (RealEstateRama) -- Gennaro Rauso, 47, of Trenton, NJ, was sentenced today to 160 months in prison for several mortgage fraud related charges, announced United States Attorney Zane David Memeger. Rauso owned and operated a real estate management company—D&B Property Investors—that purported to help financially distressed homeowners with their foreclosure problems

Treasurer McCord: You Don’t Have To Be a Super Hero To Claim What’s Yours

HARRISBURG, PA - June 8, 2011 - (RealEstateRama) -- The Steel City will become Gotham City when filming for “The Dark Knight Rises” begins this summer in Pittsburgh. To welcome Batman to the Commonwealth, State Treasurer Rob McCord today highlighted Pennsylvanians in Treasury’s unclaimed property database with names straight out of Gotham.

Bank of Mingo Becomes Member of FHLBank Pittsburgh

Pittsburgh, PA - June 7, 2011 - (RealEstateRama) -- The Federal Home Loan Bank (FHLBank) of Pittsburgh today announced Williamson, WV-based Bank of Mingo as its newest member. The addition of Bank of Mingo complements the nearly 200 commercial bank members of FHLBank Pittsburgh and the nearly 5,500 commercial banks within the FHLBank System. At year-end 2010, Bank of Mingo had $116 million in assets.

Loan Processors Sentenced in Mortgage Fraud Scheme

PHILADELPHIA, PA - May 31, 2011 - (RealEstateRama) -- Kirk H. Kirby, 40, of Capital Heights, Maryland, and Sholonda Y. Johnson, 39, of Philadelphia, were sentenced today to 60 months and 30 months in prison, respectively, in connection with a real estate investment scheme, announced United States Attorney Zane David Memeger. Kirby and Johnson pleaded guilty to three counts each of wire fraud in connection with a real estate investment scheme that caused millions of dollars in losses to lenders. Kirby owned and operated Invictus Financial Group ("IFG"), located in Havertown, PA. Johnson was a loan officer at various mortgage brokerage companies.

Mortgage Broker Sentenced to Prison for Mortgage Fraud Scheme

PITTSBURGH, PA - May 24, 2011 - (RealEstateRama) -- A resident of Richland Township, Pennsylvania has been sentenced in federal court to 27 months in prison and two years of supervised release on his conviction of wire fraud conspiracy, United States Attorney David J. Hickton announced today.

PHFA’s 2011 Housing Services Conference to focus on supporting healthy housing and healthy communities

HARRISBURG, PA - May 4, 2011 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency today announced that registration is open for its 2011 Housing Services Conference June 21-23 in State College at The Penn Stater Conference Center.

PHFA announces keynote speakers for May Housing Forum

HARRISBURG, PA - April 22, 2011 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency today announced the keynote speakers for its 2011 Commonwealth Housing Forum set for May 5 and 6 in Harrisburg.

New Kensington Woman Charged in Mortgage Fraud Scheme

PITTSBURGH, PA - April 14, 2011 - (RealEstateRama) -- A resident of New Kensington, Pa., has been indicted by a federal grand jury in Pittsburgh on charges of wire fraud, aggravated identity theft, filing a false tax return, and failing to file income tax returns, United States Attorney David J. Hickton announced today.

Governor Corbett Announces Pennsylvania to Receive $105 Million to Help Homeowners Facing Threat of...

Harrisburg, PA - April 5, 2011 - (RealEstateRama) -- Governor Tom Corbett today announced that Pennsylvania has been approved by the U.S. Department of Housing and Urban Development to receive $105 million to aid homeowners facing foreclosure through the Emergency Homeowners’ Loan Program.

Pennsylvania Homeowner Assistance Program Offers Useful Lessons on Mortgage Relief

NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Help for Unemployed Borrowers: Lessons from the Pennsylvania Homeowners’ Emergency Mortgage Assistance Program, the latest article in its Current Issues in Economics and Finance series from the Research and Statistics Group.

Recent Gov & Nonprofit Real Estate Press Releases

Appraisal Institute

New Appraisal Institute Dictionary Updated to Advance Appraisers’ Knowledge

"The Dictionary of Real Estate Appraisal," seventh edition, published this week by the Appraisal Institute, is a landmark text that reflects the depth and breadth of appraisal knowledge.