IBHS Reminds Home and Business Owners to Take Action Before A Major Hurricane Strikes
Tampa, FL - June 7, 2013 - (RealEstateRama) -- Less than one week into the 2013 Atlantic Hurricane Season the first named storm – Andrea – is bringing tropical weather conditions to the Tampa Bay area on a track toward the eastern United States. With the “A” storm under our belt, the Insurance Institute for Business & Home Safety (IBHS) is reminding Tampa Bay residents to take action to prepare their homes or businesses for what is expected to be an active storm season.
More Veteran Agents Join Hill & Co. Real Estate
WASHINGTON, D.C. - June 7, 2013 - (RealEstateRama) -- Hill & Co. Real Estate, San Francisco's premier brokerage for residential real estate, today announced some significant additions to its roster of REALTORS®. Agents Joan Gordon, her business partner and son, David Cohen, and Julie Ray have joined the company in recent weeks. Agent Courtney Cooper, who assists Joan and David, also joined the company.
RELO Direct® President Portale Participates in GMS®-T Pilot
CHICAGO, IL - June 7, 2013 - (RealEstateRama) -- RELO Direct®, Inc. President/CEO Bob Portale, SCRP, SGMS-T, has completed the first-ever offering of Worldwide ERC®’s GMS-T: Strategic Talent Mobility course. Portale was only one of eight mobility leaders invited to take the course as part of a pilot program during Worldwide ERC’s National Relocation Conference in May.
MERS’ Core Functions Unaffected by Oregon Supreme Court Rulings
Reston, Virginia - June 7, 2013 - (RealEstateRama) -- We view today's opinions from the Oregon State Supreme Court as consistent with Mortgage Electronic Registration Systems, Inc.'s (MERS) role and authority to act on behalf of lenders in Oregon. Ruling in Brandrup v. Recontrust Company, N.A and Niday v. GMAC Mortgage, LLC., the Court said, "if it can be shown that the original lenders and their successors conferred sufficient authority on MERS, to act on their behalves in the necessary respects, MERS may have the authority, as the true beneficiary's agent, to hold and transfer interests in the trust deed." We are confident that we have and can prove such authority
Bipartisan Policy Center to Call for Housing Finance Reform at June 17 Event
Washington, D.C. - June 7, 2013 - (RealEstateRama) -- On Monday, June 17, 2013, the Bipartisan Policy Center (BPC) will host a public forum to call upon Congress and the administration to reform our nation’s housing finance system
HHS releases $187.4 million to states to help offset energy costs for low-income households
WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- The U.S. Department of Health and Human Services is releasing $187.4 million to states to help low-income homeowners and renters meet rising home energy costs.
Cuyahoga County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program
WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner, another area brownfield has been investigated and remediated under Ohio EPA's Voluntary Action Program (VAP), and is ready for redevelopm...
TWO-THIRDS OF RENTERS INTERESTED IN HOMEOWNERSHIP
ROCKY HILL, CT - June 6, 2013 - (RealEstateRama) -- June is National Homeownership Month and while families today face numerous challenges when it comes to obtaining their first home, a recent survey conducted for the Connecticut Housing Finance Author...
Fannie Mae Releases New Research Study: Renters Are Satisfied, but Continuing to Reach for...
WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Fannie Mae’s Economic & Strategic Research Group today released a new research study that investigates the impact of consumer attitudes toward renting and homeownership on the future of housing in America. Data from Fannie Mae’s National Housing Survey provides insights into whether current renters, particularly younger Americans, aspire to become homeowners and when they expect to achieve the goal of homeownership. Findings show
Secretary Bialecki Announces Multi-Family Advisory Committee; Joint Partnership with EEA and DOT
WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Secretary of Housing and Economic Development Greg Bialecki today announced the formation of a new Multi-Family Advisory Committee, which will advise the Department of Housing and Community Development on how to build broader support for multi-family housing. This announcement continues the Patrick Administration’s work in building a coalition of leaders committed to creating more housing in Massachusetts.
The Boulder Group Arranges the Sale of a Sonic Drive-In Ground Lease in Columbus,...
Northbrook, IL - June 6, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a single tenant Sonic ground lease located at 3290 Olentangy River Road, Columbus, Ohio for $975,000.
The Top Ten Issues Affecting Real Estate 2013
CHICAGO - June 5, 2013 - (RealEstateRama) -- Interest rate risk, health care demand, and energy and technology changes are among the top issues currently impacting real estate according to The Counselors of Real Estate® organization, which today released its list of The Top Ten Issues Affecting Real Estate 2013. The list is adjusted annually in response to global economic conditions and domestic priorities
Fannie Mae Takes Additional Steps to Streamline Short Sale Process, Increase Early Communication with...
WASHINGTON, D.C. - June 5, 2013 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) introduced a new tool to help real estate professionals successfully close short sales. Listing agents are now asked to register accepted short sale offers with Fannie Mae to provide greater transparency into the process and allow Fannie Mae to proactively work with the mortgage servicer to finalize the sale. This process is the next step in Fannie Mae’s effort to work more collaboratively with real estate agents on short sales
NREL Highlights 2012 Utility Green Power Leaders
WASHINGTON, D.C. - June 5, 2013 - (RealEstateRama) -- The Energy Department’s National Renewable Energy Laboratory (NREL) today released its assessment of leading utility green power programs. Under these voluntary programs, residential and commercial consumers can choose to help support additional electricity production from renewable resources – such as wind and solar – that diversify our nation’s energy portfolio and protect our air and water
Commissioner Donelon Advises Homeowners on Hurricane Season Preparedness
WASHINGTON, D.C. - June 5, 2013 - (RealEstateRama) -- Insurance Commissioner Jim Donelon and the Louisiana Department of Insurance (LDI) are advising property owners to review their homeowners’ policies and assess their flood insurance needs this hur...
Rebuilding Together and Popular Mechanics Renovate Moonachie, NJ Home Flooded by Hurricane Sandy
MOONACHIE, NJ - June 5, 2013 - (RealEstateRama) -- Rebuilding Together Bergen County, NJ, an affiliate of national nonprofit Rebuilding Together, a Safe and Healthy Housing organization that believes Community Starts at Home, has partnered with Popular Mechanics magazine to renovate a home flooded by Hurricane Sandy last fall. Located in Moonachie, NJ, the home belongs to Jim, a 77-year old resident who spent his early childhood there.
Better Economy Spurs Ultra-Wealthy To Spend More On Travel, Dining And Wine, But Appetite...
NEW YORK, NY - June 5, 2013 - (RealEstateRama) -- For its 2013 State Of The Luxury Industry report, the Luxury Institute surveyed pentamillionaire consumers with net worth of at least $5 million and minimum annual household income of $200,000 to learn about current preferences and future spending on luxury goods and services for the remainder of 2013. Respondents also shared evaluations of the overall luxury market.
Wells Fargo Securities Forms Client Trade Services Group and Names Eamon McCooey Head of...
CHARLOTTE - June 5, 2013 - (RealEstateRama) -- Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), announced today that it has formed a new Client Trade Services group within Wells Fargo Securities’ Markets division to bring together its businesses that offer clearing, trade execution, technology and operational solutions to corporate and institutional clients. Dan Thomas, a long-time Wells Fargo senior leader, was named head of Client Trade Services, reporting to Tim Mullins and Walter Dolhare, co-heads of the Markets division. The firm also announced that Eamon McCooey will be joining the group as head of Prime Services. McCooey will be based in New York City and report to Thomas
CFPB releases exam procedures for new mortgage rules
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) published the first update to its exam procedures for the new mortgage regulations it issued in January 2013. The exam procedures offer financial institutions and mortgage companies valuable guidance on what the CFPB will be looking for as the rules become effective. The new regulations include those on appraisals, escrow accounts, and compensation and qualifications for loan originators
Alliance Comments on Proposed Chronic Homelessness Definition
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- I am writing on behalf of the National Alliance to End Homelessness (the Alliance) to comment on the proposed rule published on March 27, 2013. Among other provisions, the proposal would change regulations defining chronic homelessness for all of the Department of Housing and Development‘s (HUD’s) homeless assistance programs













