State officials offer help to distressed homeowners
HARTFORD, CT - July 16, 2012 - (RealEstateRama) -- Connecticut’s distressed homeowners have another opportunity to explore loan modification and foreclosure prevention options with their banks at a day-long, state-sponsored forum Tuesday, July 10, at...
Congresswoman Laura Richardson Announces Grant Award to Salvation Army to Help Homeless Veterans in...
Long Beach, CA – July 16, 2012 – (RealEstateRama) — Congresswoman Laura Richardson announced that the Salvation Army has been awarded a $300,000 grant from the U.S. Department of Labor to help homeless veterans in Long Beach. This gra...
Pilot Accreditation Program for Energy Efficiency and Renewable Energy Certificate Programs Underway
WASHINGTON, D.C. - July 16, 2012 - (RealEstateRama) -- The American National Standards Institute (ANSI), coordinator of the U.S. voluntary standardization system, and the Interstate Renewable Energy Council, Inc. (IREC) are pleased to announce the four certificate-awarding entities that are currently participating in the ANSI-IREC pilot accreditation program for energy efficiency and renewable energy.
CDFI Fund Opens 2012 Competition Round of New Markets Tax Credit Program
Washington, DC - July 16, 2012 - (RealEstateRama) -- In anticipation of its likely publication in the Federal Register on July 19, 2012, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today its 2012 Notice of Allocation Availability (NOAA) which officially opens the 2012 round of competition under the New Markets Tax Credit Program (NMTC Program)
Assistant Attorney General Thomas E. Perez Speaks at the Wells Fargo Press Conference
WASHINGTON, D.C. - July 13, 2012 - (RealEstateRama) -- Good morning, it is an honor to be here today with the Deputy Attorney General and our partners, to discuss the department’s at least $175 million settlement with Wells Fargo for steering and pricing discrimination in its wholesale mortgage lending.
Begich Introduces Renewable Energy Research Legislation
July 12, 2012 - (RealEstateRama) -- U.S. Sen. Mark Begich today re-introduced his Renewable Energy Environmental Research Act, a bill designed to promote renewable energy research. Co-sponsored by Sen. Olympia Snowe, (R-ME), the bill directs the Nati...
Wells Fargo Settles with DOJ on Abusive Lending
WASHINGTON, D.C. - July 12, 2012 - (RealEstateRama) -- Today’s Department of Justice fair lending settlement with Wells Fargo Bank is welcome news, and highlights the benefits of new mortgage rules to combat predatory lending. The DOJ settlement of $175 million settles charges that Wells Fargo steered about 4,000 African-American and Hispanic families into higher-cost subprime mortgages while white borrowers with similar qualifications received safer, cheaper prime loans. DOJ also found that about 30,000 people of color paid more for their mortgages in fees and rates because of their race or ethnicity
Construction Begins on Phase II of Midtown Commons
Austin, TX - July 12, 2012 - (RealEstateRama) -- Trammell Crow Company, through its wholly owned subsidiary High Street Residential, in partnership with USAA Real Estate Company, has broken ground on Phase II of Midtown Commons, a new multi-family community that will feature a four-story, 189,419 square foot building comprised of 246 Class A luxury residential units. In addition, the project will feature a 98,156 square foot, five-level parking structure with 296 spaces. Phase II is located adjacent to Phase I near the intersection of Lamar Blvd and Airport Blvd, next to the Cap Metro Crestview Rail Station. First units will be delivered in early 2013
Roundtable, HPC Statement on CFPB’s Proposal to Simplify Mortgage Disclosures
WASHINGTON, DC - July 12, 2012 - (RealEstateRama) -- The Consumer Financial Protection Bureau (CFPB) has released its proposed rule to harmonize TILA and RESPA mortgage forms—forms borrowers receive when they shop for and apply for a mortgage to buy a house.
Gov. Jerry Brown Signs Homeowner Bill of Rights
WASHINGTON, D.C. - July 12, 2012 - (RealEstateRama) -- Gov. Jerry Brown signed into law the California Foreclosure Reduction Act today inLos Angeles. The bills, AB 278 and SB 900, are designed to reduce unnecessary foreclosures in the state and were critical pieces of Attorney General Kamala Harris' Homeowner Bill of Rights.
2012 NMHC (OpTech) Apartment Operations and Technology Conference & Exposition — General Meeting Information
Gallas. TX - July 12, 2012 - (RealEstateRama) -- The 2012 NMHC OpTech (Apartment Operations and Technology Conference + Exposition) offers an unparalleled educational environment,...
Connecticut Real Estate Rehab Meeting
West Hartford, CT - July 11, 2012 - (RealEstateRama) -- Join CT REIA Coaching Member Mark Valenti of Business Investment Group Inc as he shows you how he acquired, financed, and fixed this 2-family house in West Hartford. Learn about his contractors an...
An Open Letter to America’s Seniors from the National Reverse Mortgage Lenders Association
WASHINGTON, D.C. - July 9, 2012 - (RealEstateRama) -- “Because reverse mortgages can help older homeowners ease the strain of retirement, this product can be beneficial if seniors choose it based on a solid understanding of how it works,” CFPB Director Richard Cordray said. He added, however, that many seniors “struggle greatly to understand this complicated product and the tradeoffs involved.”
US Labor Department announces more than $20 million in grants to provide job training...
WASHINGTON, DC - July 3, 2012 - (RealEstateRama) -- The U.S. Department of Labor today awarded 90 grants totaling more than $20 million to fund job training and support services that will help more than 11,000 veterans succeed in civilian careers. The grants are being awarded through the department’s Homeless Veterans Reintegration Program.
Solaris Collection at Daybreak Wins Residential Project of the Year
IRVINE, CA - July 3, 2012 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning, based in California, and Garbett Homes of Salt Lake City, UT, announce that Utah's first truly affordable solar-powered and geothermal homes, the Solaris Collect...
FTC Wins $2.6 Million Court Judgment Against Operation That Made Exaggerated Claims for Mortgage...
WASHINGTON, D.C. - July 2, 2012 - (RealEstateRama) -- The Federal Trade Commission won a $2.6 million federal court judgment against three defendants behind a scheme that charged consumers large upfront fees and failed to deliver the mortgage modifications they promised.
Menendez, Boxer, Kohl Call On United Guaranty To Help More Homeowners Refiance
Washington, D.C. - July 2, 2012 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA), Bob Menendez (D-NJ) and Herb Kohl (D-WI) today sent a letter to Kim Garland, the CEO of mortgage insurer United Guaranty Corporation, urging him to reconsider the...
Texas’ Housing Market Stepping Toward Recovery
COLLEGE STATION, TX - July 2, 2012 - (RealEstateRama) -- May was packed with indicators of an improving housing market here in Texas. ccording to the latest Multiple Listing Service (MLS) data, existing home sales were up 20 percent over May 2011, pric...
Home Builders Applaud Five-Year Reauthorization of Flood Insurance Program
WASHINGTON, D.C. - July 2, 2012 - (RealEstateRama) -- In an important victory for the National Association of Home Builders (NAHB) and its members who rely on the National Flood Insurance Program (NFIP), Congress has reached an agreement to reauthorize the program through Sept. 30, 2017.
Leading Real Estate Companies of the World and Luxury Portfolio International Announce Keynote Speakers...
CHICAGO, IL - June 29, 2012 - (RealEstateRama) -- Leading Real Estate Companies of the World® and Luxury Portfolio International™ have announced the keynote speakers for the 2012 International Symposium, being held October 22-24 in Lisbon, Portugal at the Grande Real Villia Italia Hotel & Spa.