RealEstateRama

WASHINGTON, D.C. - September 3, 2012 - (RealEstateRama) -- At its August 30, 2012 meeting, the Connecticut Housing Finance Authority’s Board of Directors adopted a resolution to publish for public comment drafted revisions to the Rental Housing – Multifamily Housing Program Procedures and the Rental Housing – Housing Management Procedures (see attached)

Washington, DC - September 3, 2012 - (RealEstateRama) -- Today, President Obama unveiled his Fiscal Year (FY) 2013 budget. Despite the difficult budget environment, the President proposed significant increases in funding to several homelessness programs, maintaining the Administration and Congress’ focus on bringing down the number of homeless people nationally. While these increases will be much needed, belt tightening for housing, employment and other programs will impede progress toward the goal of ending homelessness.

SACRAMENTO, CA – August 31, 2012 – (RealEstateRama) — Attorney General Kamala D. Harris today announced that the final parts of the California Homeowner Bill of Rights have passed out of both legislative houses and have been sent to t...

Jackson, MS – August 28, 2012 – (RealEstateRama) — Utility companies in Mississippi are reporting 24,400 homes are without power as Hurricane Isaac slowly moved through the state. Utility crews from Mississippi and other states are wo...

Washington, DC - August 28, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.66 percent based on loans closed in July. Beginning in March, FHFA is calculating interest rates using un-weighted survey data.

Anchorage, AK - August 24, 2012 - (RealEstateRama) -- Would-be homeowners often feel stressed and anxious when they face myriad decisions affecting their purchase; and often the desire for aesthetic improvements overshadows the consideration of home en...

MONTGOMERY – August 22, 2012 – (RealEstateRama) — Governor Robert Bentley on Tuesday announced the timeline for a special election to fill the District 34 seat in the Alabama House of Representatives. The District 34 seat is being vac...

WASHINGTON, D.C. - August 22, 2012 - (RealEstateRama) -- The Community Development Financial Institutions Fund (CDFI Fund) is committed to making its Capacity Building Initiative a comprehensive source of trainings and reference materials for Community Development Financial Institutions (CDFIs). Building upon that commitment, the CDFI Fund has added a new Capacity Building Initiative Resource Bank to its website. The Foreclosure Solutions Resource Bank will be an essential tool for CDFIs navigating the intricacies of foreclosure intervention

WASHINGTON, D.C. - August 22, 2012 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Kirsten E. Gillibrand and Congresswoman McCarthy announced today that FEMA has agreed to their call for an extension of the low-cost preferred risk flood insurance policies for Nassau County property owners. Under the existing flood insurance program, homeowners who live in an area designated as a flood zone are required to purchase flood insurance.

Governor Paul LePage has announced today that he has nominated John G. Gallagher, of Bath, to serve as the Director of the Maine State Housing Authority (MSHA) and Robert A. Martin, of Newcastle, as Director of Maine Technology Institute (MTI). AUGUSTA...

WASHINGTON, D.C. - August 21, 2012 - (RealEstateRama) -- This response to the CFPB Report on reverse mortgages relates primarily to a particular segment of the Baby-Boomer generation. That segment, while a minority of that generation, is nonetheless quite large in absolute number. A conservative estimate of the size of that segment places its number between 1 million and 10 million individuals

WASHINGTON, DC - August 21, 2012 - (RealEstateRama) -- Rebuilding Together, a national nonprofit who believes in a safe and healthy home for every person, was awarded a grant from the Corporation for National and Community Service (CNCS) to continue the AmeriCorps program Rebuilding Together CapacityCorps

HONOLULU - August 20, 2012 - (RealEstateRama) -- U.S. Environmental Protection Agency Regional Administrator Jared Blumenfeld met with the staff of American Samoa EPA and recognized their significant achievement in the construction of AS-EPA’s new “green” office building, beginning a visit that will include participating in the U.S. Coral Reef Task Force meetings being held in American Samoa.

VIENNA, VA - August 17, 2012 - (RealEstateRama) -- Financial Crimes Enforcement Network (FinCEN) Director James H. Freis, Jr. today announced the issuance of an advisory for non-bank residential mortgage lenders and originators (RMLOs) to help them identify and report suspicious activity related to potential mortgage fraud. In his remarks before the American Association of Residential Mortgage Regulators' (AARMR's) 23rd Annual Regulatory Conference, he also discussed FinCEN's new anti-money laundering (AML) requirements for RMLOs. As of Monday, Aug. 13, RMLOs must comply with FinCEN's final rule requiring the establishment of AML programs and the filing of suspicious activity reports (SARs).

WASHINGTON, DC - August 14, 2012 - (RealEstateRama) -- Rebuilding Together and Wells Fargo recently have joined efforts to help communities across the country transition Real Estate Owned (REOs) properties into safe, affordable homes while continuing to help existing homeowners with repair or renovation needs through a new REO homes program.

WASHINGTON, D.C. - August 13, 2012 - (RealEstateRama) -- The Interstate Renewable Energy Council, Inc. (IREC) announced today that ­­­eight organizations and trainers nationwide have been recognized in the past few months with the prestigious IREC ISPQ credential.

New York, NY - August 10, 2012 - (RealEstateRama) -- With more than 120,000 members in eight states and Washington, D.C., including 70,000 members in New York, 32BJ SEIU is the largest union of property service workers in the country and the largest pr...

WASHINGTON, DC - August 8, 2012 - (RealEstateRama) -- Today the U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) are hosting the Obama administration’s 75th free event for struggling homeowners at the Show Pla...

Washington, D.C. - August 8, 2012 - (RealEstateRama) -- Today, Representative David Price (NC-04) announced that three Fourth District lenders are the recipients of a total of $3.86 million in funding through the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund. Durham based Latino Community Credit Union and Self-Help Federal Credit Union will both receive an award of $1,453,806 through the fund. The Support Center, also based in Durham, will receive a $953,806 award

WASHINGTON, DC - August 7, 2012 - (RealEstateRama) -- U.S. Transportation Secretary Ray LaHood today announced more than $363 million in grants to fund a wide variety of highway improvements, from interstate rehabilitation and reconstruction to technologies that result in improved safety and reduced construction congestion.