RealEstateRama

Tampa, FL - April 11, 2013 - (RealEstateRama) -- Carter Validus Mission Critical REIT, Inc.announced today that it has purchased a data center property in Andover, Massachusetts for $12,000,000. The property is situated 25 miles north of Boston in an area that caters to financial, education, healthcare, technology and biotech users.

Reston, Virginia - April 11, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that a three-judge panel of the U.S. Court of Appeals for the Eighth Circuit twice ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS) and other defendants, affirming lower court decisions that rejected Minnesota-based attorney William B. Butler’s arguments regarding the defendants’ right to foreclose.

WASHINGTON, D.C. - April 11, 2013 - (RealEstateRama) -- President Obama sent a budget request to Congress that would improve funding levels for key HUD low income housing programs over FY13 funding levels, but does not meet the need. For public and assisted housing programs that serve some of the nation’s poorest seniors, people with disabilities, and families, the President’s budget would restore these programs to pre-sequestration levels. The President would also increase funding for HUD’s homeless assistance programs. I appreciate the intent to protect housing aid for those who currently receive it, but would hope Congress can achieve a more adequate level of funding in the final budget.

Reston, Virginia - April 10, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that Rhode Island Superior Court Justice Allen P. Rubine has rejected another multi-count claim of wrongful foreclosure against Mortgage Electronic Registration Systems, Inc. (MERS) and other member co-defendants.

Washington, D.C. v The president’s budget, released today, estimates that the Federal Housing Administration will need to draw $943 million from the U.S. Treasury to keep its reserve fund at the required level, primarily because of losses in the FHA reverse mortgage program. Julia Gordon, CAP’s Director of Housing Finance and Policy, issued the following statement:

WASHINGTON, DC - April 10, 2013 - (RealEstateRama) -- Continuing the transformation of the Department of Veterans Affairs into a 21^st century organization, the President has proposed a $152.7 billion budget, a 10.2 percent increase over Fiscal Year 2013, that will support VA’s goals to expand access to health care and other benefits, eliminate the disability claims backlog, and end homelessness among Veterans. The budget includes $66.5 billion in discretionary spending, largely for healthcare, and $86.1 billion for mandatory programs – mostly disability compensation and pensions for Veterans.

Washington, DC - April 10, 2013 - (RealEstateRama) -- The Federal Housing Administration (FHA), as it operates today, is an impediment to a sustainable housing finance system and must be reformed, witnesses told the House Financial Services Housing and Insurance Subcommittee today.

Washington, DC - April 10, 2013 - (RealEstateRama) -- Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning the expectation in the President’s budget that the Federal Housing Administration (FHA) will require a nearly $1 billion taxpayer bailout this year

Washington, D.C. - April 10, 2013 - (RealEstateRama) -- Associated Builders and Contractors (ABC) today criticized President Obama’s renomination of Mark Pearce to the National Labor Relations Board (NLRB) as a move to promote the narrow policy goals of politically powerful labor unions.

Las Vegas, NV - April 10, 2013 - (RealEstateRama) -- Las Vegas Homeowners are currently enjoying a surge that is starting to raise national interest for our housing recovery but just how far have we come? History has a way of repeating but after what we just went through just a few years ago, have we not learned? What will be the highest hurdles for this market to continue its run on the road to recovery? Industry real estate expert, author, and brokerage owner Jared W Jones sat down with Anyah Ellis, and outlined the Top Three Critical Indicators to Watch in 2013 that could indicate the end to the surging Values.

WASHINGTON, D.C. - April 9, 2013 - (RealEstateRama) -- The Mayoral Forum will be preceded by a light lunch and panel discussions to review the lessons learned from former New York City mayor Ed Koch's innovative housing plan, and will be followed by a networking reception

WASHINGTON, D.C. - April 9, 2013 - (RealEstateRama) -- The Insurance Institute for Business & Home Safety (IBHS) commends the Maryland Legislature for passing SB 750 / HB 769, which prohibits local jurisdictions from weakening the wind design and windborne debris provisions of the Maryland Building Performance Standards. The bill is on its way to Governor Martin O’Malley who is expected to sign it soon.

WASHINGTON, DC - April 9, 2013 - (RealEstateRama) -- Rebuilding Together, a safe and healthy housing organization that believes Community Starts at Home, recently earned a 4-star charity rating (the highest rating) for the ninth consecutive year from Charity Navigator, the nation’s largest charity evaluator. With this year’s rating, Rebuilding Together is now included in the top group of only 1 percent of the charities rated, which have received at least nine consecutive 4-star Charity Navigator evaluations, demonstrating the nonprofit’s exceptional performance

ERIE COUNTY, NY - April 9, 2013 - (RealEstateRama) -- Today, Erie County Executive Mark C. Poloncarz was joined by members of the U.S. Department of Housing and Urban Development (“HUD”), elected officials, representatives of community development organizations, and members of civil rights organizations in proclaiming April 2013 as “Fair Housing Month” in Erie County. On April 11, 1968, President Lyndon B. Johnson signed the Civil Rights Act into law, banning discrimination in the sale, rental, and financing of housing based on race, religion, national origin, sex, disability, or family status.

WASHINGTON, D.C. - April 9, 2013 - (RealEstateRama) -- The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) has launched an initiative to build an open-source database of real-world performance from solar facilities across the country. As part of DOE’s SunShot Initiative, the Open Solar Performance and Reliability Clearinghouse (O-SPaRC) will give the private market tools to develop investment vehicles to tap low-cost public capital.

Reston, Virginia - April 9, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that Judge John C. Brown of the Montana 18th Judicial District Court ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS) and other defendants, rejecting a multi-count wrongful foreclosure complaint

WASHINGTON, DC - April 9, 2013 - (RealEstateRama) -- Payments to 4.2 million borrowers are scheduled to begin on April 12 following an agreement reached by the Office of the Comptroller of the Currency and the Federal Reserve Board with 13 mortgage servicers.

WASHINGTON, D.C. - April 9, 2013 - (RealEstateRama) -- Two consumer advocacy groups today outlined how state lawmakers can bolster safeguards to prevent unnecessary foreclosures. The recommendations by the Center for Responsible Lending and Consumers Union would close gaps left by new federal mortgage servicing rules and by last year’s settlement among 49 state attorneys general, federal officials and the five biggest mortgage servicers.

Washington, D.C. - April 9, 2013 - (RealEstateRama) -- Once raised on “Bonanza,” and “Gunsmoke,” today Baby Boomers in record numbers are building dream homes made from logs. Boomers are drawn to these rustic residences because they offer a sense of sanctuary and a connection to nature that no stick frame home can duplicate

WASHINGTON, D.C. - April 8, 2013 - (RealEstateRama) -- The Corporation for Enterprise Development (CFED) announced a $125,000 grant from Capital One Financial Corporation to support work to identify new scalable opportunities to help disadvantaged entrepreneurs achieve upward economic mobility. The grant will facilitate a partnership between CFED and several microenterprise organizations, including Accion Texas, Inc., the California Association for Micro Enterprise Opportunity (CAMEO), the Enterprise Development Group (EDG) in the Washington, DC metro area, and others.