Roundtable, Housing Policy Council React to CFPB’s Final Rule on Mortgage Servicing
WASHINGTON, DC - January 18, 2012 - (RealEstateRama) -- The Financial Services Roundtable and its Housing Policy Council issued the following statement regarding the final mortgage servicing rule issued today by the Consumer Financial Protection Bureau (CFPB)
Agencies Issue Final Rule on Appraisals for Higher-Priced Mortgage Loans
WASHINGTON, DC - January 18, 2012 - (RealEstateRama) -- Six federal financial regulatory agencies today issued the final rule that establishes new appraisal requirements for "higher-priced mortgage loans." The rule implements amendments to the Truth in Lending Act made by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). Under the Dodd-Frank Act, mortgage loans are higher-priced if they are secured by a consumer's home and have interest rates above certain thresholds.
Brown To Feds: Don’t Give Special Tax Breaks To Big Banks In Foreclosure Settlement...
CLEVELAND, OH - January 18, 2012 - (RealEstateRama) -- At an event today at Community Housing Solutions with Ohioans who were unlawfully foreclosed on, U.S. Sen. Sherrod Brown (D-OH) released a letter to federal regulators urging them to cancel tax bre...
Multiple Real Estate Transactions at Year’s End lead to Several Record Sales for Newport...
Rhode Island - January 18, 2012 - (RealEstateRama) -- Gustave White Sotheby’s International Realty announces three Newport County sales that closed in late December. Two of the transactions represent record-breaking sales for their respective communities, while the third is the second highest sales price in that community. The three specific sales were
SBIC Honors 2012 Beyond Green™ High-Performance Building Award Winners
WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- The National Institute of Building Sciences Sustainable Buildings Industry Council (SBIC) recognized the winners of the 2012 Beyond Greenâ„¢High-Performance Building Awards at a luncheon hel...
DataQuick Helps Lenders Respond to Ability-to-Repay Requirements, Qualified Mortgage Rules
SAN DIEGO - January 17, 2012 - (RealEstateRama) -- The Dodd-Frank Ability-to-Repay requirements and the Consumer Financial Protection Bureau’s (CFPB) Qualified Mortgage (QM) rules present significant, new compliance challenges. DataQuick®, a provider of advanced real estate information solutions powered by data, analytics, and decisioning, has qualification and decisioning solutions available now to meet these new requirements and ensure ongoing operational stability
Easily Track the Rental Market with Zephyr Realtor-Developed Web Tool
San Francisco, CA - January 17, 2012 - (RealEstateRama) -- Last year, Oliver Burgelman, long-time agent at Zephyr Real Estate, created www.pricesquares.com, a new web tool to demonstrate how the real estate market trends in San Francisco. That tool has now been augmented to include the rental market. This new feature shows how rental costs differ from neighborhood to neighborhood and offers an easy way to find rentals in San Francisco.
Innovative IBS show home features energy-efficient Pella® Windows and Doors
PELLA, IA - January 17, 2012 - (RealEstateRama) -- Highly energy-efficient Pella Windows and Doors will be featured in a demonstration home at Professional Builders’ 2013 Show Village during the NAHB International Builders’ Show® (IBS) in Las Vegas, Jan. 22-24.
Leading Real Estate Companies of the World® Announces Conference Week Speakers
Chicago, IL - January 17, 2012 - (RealEstateRama) -- Leading Real Estate Companies of the World® has announced an impressive line-up of speakers for its upcoming Conference Week, February 24-28 at The Cosmopolitan of Las Vegas. More than 1,500 people are expected to attend Conference Week, which includes the network’s Annual Conference for brokers and relocation professionals, Performance SUMMIT and Luxury Portfolio SUMMIT for sales associates, Sales Manager SUMMIT, MarTech for marketing and technology professionals, and the RELO Direct® Corporate Forum for employee mobility professionals.
Leading Real Estate Companies of the World® Announces Conference Week Speakers
Chicago, IL - January 17, 2012 - (RealEstateRama) -- Leading Real Estate Companies of the World® has announced an impressive line-up of speakers for its upcoming Conference Week, February 24-28 at The Cosmopolitan of Las Vegas. More than 1,500 people are expected to attend Conference Week, which includes the network’s Annual Conference for brokers and relocation professionals, Performance SUMMIT and Luxury Portfolio SUMMIT for sales associates, Sales Manager SUMMIT, MarTech for marketing and technology professionals, and the RELO Direct® Corporate Forum for employee mobility professionals.
SINEMA NAMED TO HOUSING SUBCOMITTEE, HIGHLIGHTS ARIZONA’S FORECLOSURE CRISIS
WASHINGTON, D.C. - January 17, 2012 - (RealEstateRama) -- The office of Congresswoman Maxine Waters, ranking Democrat on the House Committee on Financial Services, has announced the subcommittee assignments for Democrats on the Committee. Congresswoma...
MassHousing Loan Closings of $22.7 Million Will Keep Housing Affordable for Seniors in Taunton...
Washington, DC - January 17, 2012 - (RealEstateRama) -- MassHousing announced loan closings today of $22.7 million for the acquisition and preservation of three affordable housing communities for senior citizens in Taunton and Worcester that will keep ...
Attorney General DeWine Reminds Ohioans of January 18 National Mortgage Settlement Claim Deadline
COLUMBUS, OH - January 17, 2012 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today reminded eligible Ohioans that January 18th is the deadline to submit claims for compensation to the National Mortgage Settlement Administrator. Pursuant to t...
MBA Statement on CFPB’s Mortgage Servicing Rules
WASHINGTON, D.C. - January 17, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the final Mortgage Servicing Rules released today by the Consumer Financial Protection Bureau (CFPB).
MBA’s Stevens Addresses the Exchequer Club of Washington, DC
WASHINGTON, D.C. - January 17, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association, today delivered a speech to the Exchequer Club of Washington, DC on the housing market and housing policy titled, “Consumers Deserve a Balanced, Transparent, Coordinated Housing Policy System.”
NeighborWorks America Recognizes Martin Luther King, Jr. Day of Service with Projects across the...
WASHINGTON, D.C. - January 17, 2012 - (RealEstateRama) -- As the nation prepares to celebrate the Martin Luther King, Jr. Day of Service, NeighborWorks America is hard at work strengthening communities throughout the country. NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities, supports a network of more than 235 nonprofits, located in every state, the District of Columbia and Puerto Rico. NeighborWorks organizations offer the localized, on-the-ground services that help to improve the lives of individuals and their families
NeighborWorks Organizations Offer Free Tax Prep Services and Encourage Filers to Stay Informed and...
Washington, DC - January 17, 2012 - (RealEstateRama) -- NeighborWorks America urges consumers to seek advice from nonprofit organizations that provide free tax preparation services, as W-2 and other income forms arrive in taxpayers’ mailboxes and the start of the 2012 tax season begins. This guidance will empower consumers to avoid scammers or those offering ‘low-cost’ quick refund services which harm taxpayers in the long-term.
CFPB Rules Hold Mortgage Servicers More Accountable
WASHINGTON, D.C. - January 17, 2012 - (RealEstateRama) -- New rules from the Consumer Financial Protection Bureau will benefit millions of Americans by fixing several key problems that have plagued mortgage servicing. The rules establish basic standards such as requiring a timely application of monthly mortgage payments and a prompt correction of errors. The rules also restrict servicers from forcing borrowers into high-cost homeowners’ insurance policies—a common, needless and deceptive practice.
Seminole Tribe of Florida and Stiles Construction Enter into Unprecedented Joint Venture Partnership
Fort Lauderdale, FL. - January 17, 2012 - (RealEstateRama) -- In an unprecedented move to expand construction and development operations throughout the Southeast U.S. and beyond, the Seminole Tribe of Florida, Inc. and Stiles Construction, a division of Stiles, announced today a new joint venture partnership to create Seminole Development and Construction, LLC. The newly created venture provides both Seminole Tribe of Florida, Inc. and Stiles with access to a range of real estate construction project opportunities within the Native American tribal network and also includes projects planned under the auspices of the U.S. federal government.
NAHB to Honor Designee of the Year Award Winners at 2013 International Builders’ Show
WASHINGTON, D.C. - January 17, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will honor 11 housing professionals for their outstanding service in elevating the image of NAHB designations. The 2012 Designee of the Year award winners will be recognized at the 2013 International Builders’ Show (IBS) in Las Vegas.