RealEstateRama

November 1, 2012 - (RealEstateRama) -- Many homes and businesses sustained water damage from Hurricane Sandy. Cleanup of flooding should start as soon as it is safe to do so. The Rhode Island Emergency Management Agency (RIEMA) reminds all Rhode Island...

CHICAGO, IL - October 30, 2012 - (RealEstateRama) -- New York City commercial real estate advisor Howard C. Gelbtuch, CRE®, principal, Greenwich Realty Advisors Incorporated, has assumed the role of 2013 Chair of the Board of The Counselors of Real Estate®, an international organization of top-level commercial real estate advisors, headquartered in Chicago. Gelbtuch began his one-year term on October 17 at the organization’s recent CRE Annual Convention in Miami.

WASHINGTON, D.C. - October 29, 2012 - (RealEstateRama) -- The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure through its Homeowner’s HOPE™ Hotline at 888-995-HOPE™, announced today that it has received a total of $550,000 this year from NeighborWorks America to support HPF’s continued efforts to combat mortgage loan scams.

WASHINGTON, DC - October 26, 2012 - (RealEstateRama) -- Today the Department of Veterans Affairs announced it has guaranteed 20 million home loans since its home loan program was established in 1944 as part of the original GI Bill of Rights for returning World War II Veterans. The 20 millionth loan was guaranteed for a home in Woodbridge, Va., purchased by the surviving spouse of an Iraq War Veteran who passed away in 2010.

October 26, 2012 - (RealEstateRama) -- Twenty (20) state Housing Finance Agency (HFA) programs received Annual Awards for Program Excellence during the National Council of State Housing Agencies (NCSHA) 2012 Annual Conference & Showplace in Orlando, FL.

WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Foreclosures across the United States have drained nearly $2 trillion in property value from surrounding households, more than half of it from African-American and Latino homeowners, a new study from the Center for Responsible Lending finds.

WASHINGTON, DC - October 19, 2012 - (RealEstateRama) -- The combined costs of housing and transportation in the nation’s largest 25 metro areas have swelled by 44 percent since 2000 while incomes have failed to keep pace, according to a new report from the Center for Housing Policy—the research affiliate of the National Housing Conference—and the Center for Neighborhood Technology.

WASHINGTON, D.C. - October 18, 2012 - (RealEstateRama) -- More than 200 Meredith Corporation employees will volunteer on today to complete repairs for homeowners and the American Legion Hall in the Columbus Park neighborhood of Des Moines. Employees will also plant 35 trees between Indianola Rd. and SE 4th St., and Columbus Park will receive a much-needed lift with new picnic tables and a bocce ball court

Washington, D.C. - October 18, 2012 - (RealEstateRama) -- Rebuilding Together, a national nonprofit whose members believe in a safe and healthy home for every person, is collaborating with Caesars Foundation and Caesars Entertainment Corporation employees to help homeowners in-need maintain a safe and healthy home.

WASHINGTON, D.C. - October 18, 2012 - (RealEstateRama) -- A USAA Real Estate Co. affiliate recently acquired an industrial portfolio, consisting of three Class A bulk distribution warehouses located in major submarkets of Atlanta, Georgia. The 2,798,488-square foot portfolio is 100% occupied by Home Depot USA, Inc., Owens Corning Insulating Systems, LLC and PETCO Animal Supplies Stores, Inc. Each building utilizes modern cross-dock distribution with ESFR sprinklers, T-5 lighting and spacious truck courts and storage

Historic Pension and Tool Kit Reforms Bring Even Greater Savings to Property Taxpayers Trenton, NJ – October 17, 2012 – (RealEstateRama) — Governor Chris Christie today announced that the historic, bipartisan pension reforms signed in...

WASHINGTON, DC - October 16, 2012 - (RealEstateRama) -- Join housing and transportation policy experts from the Center for Housing Policy and the Center for Neighborhood Technology Thursday, Oct. 18, 11 a.m. EDT for a telebriefing on their new report, Losing Ground: The Struggle of Moderate-Income Households to Afford the Rising Costs of Housing and Transportation, detailing the challenges that American households face as the combined costs of housing and transportation consume an ever-larger share of household incomes.

WASHINGTON, D.C. - October 15, 2012 - (RealEstateRama) -- Steven R. Hinz pleaded guilty today to tax fraud and mortgage fraud charges in Cleveland federal court, the Justice Department and Internal Revenue Service (IRS) announced. Hinz’s guilty ple...

WASHINGTON, DC - October 12, 2012 - (RealEstateRama) -- On Thursday, Oct. 18, 2012, the Center for Housing Policy—the research affiliate of the National Housing Conference—and the Center for Neighborhood Technology will discuss the findings of a new report, Losing Ground: The Struggle of Moderate-Income Households to Afford the Rising Costs of Housing and Transportation, that details the challenges that American households face as the combined costs of housing and transportation consume an ever-larger share of household incomes. In addition, case studies detail the immense variation in cost burdens within metro areas and the impacts of growing cost burdens on the household budgets of typical families

State Provided More Than $8.4 Million to Help Build La Casa Student Housing and Resource Center CHICAGO, IL – October 12, 2012 – (RealEstateRama) — Governor Pat Quinn joined representatives of The Resurrection Project and local legisl...

WASHINGTON, D.C. - October 12, 2012 - (RealEstateRama) -- Rebuilding Together, a national nonprofit that believes in a safe and healthy home for every person, will receive $1.8 million from Sears Holdings Heroes at Home program to assist low-income military families with critical home repairs, improvements, and accessibility modifications.

DURHAM - October 12, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that the Housing Authority of the City of Durham will receive $300,000 to execute grassroots efforts to revitalize the public hou...

WASHINGTON, DC - October 9, 2012 - (RealEstateRama) -- West Virginia families and small business owners can’t trust Nick Rahall anymore. It was his $833 billion stimulus that was responsible for giving hundreds of millions of taxpayer dollars to solar companies that wasted it, namely the now-bankrupt Solyndra. Recently, Abound Solar, which received a $63 million loan, filed for bankruptcy after admitting to creating unworkable equipment

VIENNA, VA - October 9, 2012 - (RealEstateRama) -- Suspicious activity reports (SARs) regarding foreclosure rescue scams continued to grow in the first half of 2012, even as the total number of SARs indicating mortgage loan fraud (MLF) declined, the Financial Crimes Enforcement Network (FinCEN) announced today in its latest Mortgage Loan Fraud Update. This update to FinCEN's prior MLF reports looks at SAR filings from April through June 2012 (2012 Q2).

WASHINGTON, D.C. - October 8, 2012 - (RealEstateRama) -- “The complaint filed against Bear Stearns, now owned by JPMorgan Chase, is a welcome step in an ongoing investigation of Wall Street investment banking activities leading up to the financial crisis. This is the first action taken by this federal task force to bring accountability and relief to homeowners and others who have suffered the devastating consequences of uprooted families, defrauded investors and a crippled economy.