Thursday, March 28, 2024
Authors Posts by RealEstateRama

RealEstateRama is an Internet based Real Estate News and Press Release distributor for Real Estate publishing community.

Chris Hunt is a RealEstateRama Staff editor.
He has manage to selection and verify the real estate news for USA States.

Email : andy@gmail.com

City : NY

State : NY

Country : USA

Postal Code : 99345

Loss Mitigation and Document Solutions

March 25, 2011 - (RealEstateRama) -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, today announced its Cloud-based, Symphony Loan Origination System (LOS), an affordable, on-demand origination solution for lenders of any size. The product fills a current gap within the marketplace by making available enterprise-level power in a pre-configured solution that locks down compliant processes and any lender can implement and put into production in just a few weeks

Bankrate: Mortgage Rates Show Slight Increase

NEW YORK, N.Y. - March 24, 2011 - (RealEstateRama) -- Mortgage rates marked a slight increase, with the benchmark conforming 30-year fixed mortgage rate rising to 4.96 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.41 discount and origination points.

Zephyr Launches Exclusive Multi-Destination Mapped Home Tour

SAN FRANCISCO, CA - March 24, 2011 - (RealEstateRama) -- Homebuyers often have many homes to check out as they make the rounds searching for the one that's just right. Zephyr has removed the hassle from that chore with its new Home Tour tool, which plots out multi-destination driving directions to create a customized home tour.

Building Owners and Managers Conserve Energy in Support of 2011 Earth Hour

WASHINGTON, DC - March 24, 2011 - (RealEstateRama) -- The Building Owners and Managers Association (BOMA) International announced today that it will encourage its members to participate in the World Wildlife Fund (WWF)’s 2011 Earth Hour. WWF’s global initiative asks that individuals, businesses, organizations and governments turn off all non-essential lighting for one hour, from 8:30-9:30 pm local time on Saturday, March 26, 2011. The aim of Earth Hour is to visibly demonstrate global concern about climate change and a commitment to find solutions that minimize negative human impact on the Earth.

Fannie Mae’s South Florida Mortgage Help Center Celebrates One Year of Helping Area Homeowners...

MIAMI, FL - March 24, 2011 - (RealEstateRama) -- Today Fannie Mae and Neighborhood Housing Services of South Florida (NHSSF) celebrated the one-year anniversary of Fannie Mae's South Florida Mortgage Help Center. Since opening its doors in March 2010, the South Florida Mortgage Help Center has reached out to more than 5,000 South Floridians and worked with more than 1,000 struggling families with loans owned by Fannie Mae. The South Florida Mortgage Help Center was the first of six Help Centers Fannie Mae opened in hard-hit cities across the country. Additional Help Centers are expected to open this year.

Wyoming Court Rules In Favor of MERS

Reston, VA - March 23, 2011 - (RealEstateRama) --The U.S. Bankruptcy Court for the District of Wyoming ruled last week in favor of Mortgage Electronic Registration Systems, Inc. (MERS), upholding the company’s ability to take any action required of a lender, including assigning the mortgage

Banks’ Foreclosure Bias Hurts Investors

March 23, 2011 - (RealEstateRama) -- New research by the Center for Responsible Lending finds that banks and other loan servicers often foreclose when investors have more to gain from a loan modification. The study—“Fix or Evict? Loan Modifications Return More Value than Foreclosures”—also finds that the industry’s poor track record on loan modifications can’t be blamed on homeowners who re-default.

CEDIA Launches Marketing Resource for Members

INDIANAPOLIS, IN - March 23, 2011 - (RealEstateRama) -- The Custom Electronic Design & Installation Association (CEDIA) has launched an all-new member benefit program designed to help its full electronic systems contractor (ESC) members market their businesses locally. CEDIA’s ESC Marketing On-Demand program features brochures, postcards, and other promotional materials which members can customize and print at affordable rates.

Update on First Time Homebuyer Credit and Tax Refunds

WASHINGTON, D.C. - March 23, 2011 - (RealEstateRama) -- The IRS today released information on processing issues that are impacting a small percentage of tax returns involving repayment of the First Time Homebuyer Credit (FTHB), primarily involving 2008 home purchases. While most of these returns are processing normally, the IRS recognizes the hardship caused by delayed refunds, and it has assigned additional staff and resources to address the issues promptly.

Oil Prices Cloud Economic Outlook According to Fannie Mae’s Economic & Mortgage Market Analysis...

WASHINGTON, DC - March 22, 2011 - (RealEstateRama) -- The economy continues to show increasing signs of self-sustaining momentum, however an unexpected jump in oil prices and the potential for further tightening of fiscal policy suggest less economic momentum than previously believed, according to the March 2011 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. Projected economic growth for the year was lowered to 3.5 percent — down slightly from 3.7 percent in February 2011, but up from 2.7 percent annual growth in 2010.

Senate Real Estate Caucus Co-chairs Cardin and Isakson discuss recovery strategies and priorities

WASHINGTON, DC - March 21, 2011 - (RealEstateRama) -- The Building Owners and Managers Association (BOMA) International, in conjunction with the Congressional Real Estate Caucus and the National Real Estate Organizations (NREO), hosted a “State of the Real Estate Industry” luncheon briefing on Capitol Hill on March 17. Senate Real Estate Caucus Co–chairs Sens. Ben Cardin (D–Md.) and Johnny Isakson (R–Ga.) kicked off the briefing, which also featured three speakers who covered the current state of both the residential and commercial markets. The residential overview was given by Lawrence Yun, chief economist for the National Association of REALTORS®, while the commercial outlook was presented by James Woodwell, vice president of Commercial Real Estate Research with the Mortgage Bankers Association (MBA), and Lisa Pendergast, managing director, CMBS Strategy & Risk with Jefferies & Company, Inc. The briefing was designed to give Senate staff a perspective of each segment’s recent history, current market conditions and what to expect for the future.

MHI Members Converge on Capital Hill This Week – Urge Congress to Keep Manufactured...

Washington, DC - March 18, 2011 - (RealEstateRama) -- Keeping manufactured housing affordable by reducing the constraints on lending and instituting a responsible regulatory environment took center stage as over 90 MHI members flocked to Capitol Hill for the annual MHI Legislative Conference.

REALTORS®, homebuilders Agree: Arbitrarily high down payments will hurt economy It would unfairly and...

March 18, 2011 - (RealEstateRama) -- REALTORS®, Homebuilders, consumer groups urge federal regulators to avoid arbitrarily high mortgage down payments, which would hurt the economy by unfairly and unnecessarily closing the door to home ownership for many middle-class families

USAA Real Estate Company Earns EPA’s ENERGY STAR® for Superior Energy Efficiency

March 18, 2011 - (RealEstateRama) -- USAA Real Estate Company has earned the U.S. Environmental Protection Agency’s (EPA’s) prestigious ENERGY STAR, the national symbol for protecting the environment through superior energy efficiency. This signifies that the building performs in the top 25 percent of similar facilities nationwide for energy efficiency. USAA Real Estate Company’s accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 18, 2010. USAA Real Estate Company is the only real estate company in America that has won nine ENERGY STAR awards.

Money-Making Scam Owner Will Pay Almost $1 Million and Sell House and Personal Property...

WASHINGTON, D.C. - March 18, 2011 - (RealEstateRama) -- The operator of a defunct money-making scam has agreed to settle a federal court judgment the Federal Trade Commission obtained against him in 2007 for falsely claiming his “wealth building” program would teach consumers how to make substantial income in a short time by buying and selling privately held mortgages. Under the settlement, John Stefanchik will pay the FTC $900,000 plus the proceeds from the sale of his house and substantially all of his personal property.

Langevin Opposes Ending Housing Program That Helps Rhode Island

March 17, 2011 - (RealEstateRama) -- Congressman Jim Langevin (D-RI) voiced strong objections to a bill brought forward by House Republicans today that threatens to eliminate resources that would create jobs and affordable housing in Rhode Island. The Neighborhood Stabilization Program (NSP) Termination Act (H.R. 861) would end a proven successful effort to revitalize neighborhoods, as well as save and rehabilitate buildings and foreclosed property. NSP has already resulted in 100 new homebuyers purchasing and restoring previously foreclosed properties in Rhode Island and 165 foreclosed homes being acquired for non-profit

House Votes to Terminate Key Foreclosure Response Program

WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- Yesterday, the House of Representatives voted to terminate the Neighborhood Stabilization Program (NSP), one of the Administration's key foreclosure response programs. This vote came despite the devastating impacts the recession and foreclosure crisis continue to have on neighborhoods across the country -- including increased homelessness.

Fannie Mae’s Annual Help the Homeless Program Raises $6.5 Million to Help Washington D.C.’s...

WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- Today, Fannie Mae announced the results of its annual Help the Homeless Program, which raised $6.5 million in 2010 for non-profit beneficiary organizations that work to prevent and end homelessness in the Washington, D.C. metropolitan area.

Building Owners and Managers Take their Message Straight to Lawmakers

WASHINGTON, DC - March 17, 2011 - (RealEstateRama) -- Members of the Building Owners and Managers Association (BOMA) International will bring their message to lawmakers around the country the week of March 20 as part of BOMA’s annual National Issues Conference. As part of an industry that supports one million jobs in the United States and contributes $118 million to GDP in office building operating outlays alone, BOMA members will meet with their Representatives and Senators to explain the critical role commercial real estate plays in a thriving economy and to gain support for key industry issues. Because of the new Congressional work schedule, the conference, which usually takes place in Washington, D.C., will be held locally around the U.S while lawmakers are in their home districts.

JOHNSON STATEMENT ON HOUSING REFORM HEARING

WASHINGTON, DC - March 17, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing entitled “The Administration’s Report to Congress: Reforming America’s Housing Finance Market.”

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases