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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

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Former Colonial Bank Mortgage Lending Supervisor Pleads Guilty to Fraud Scheme

WASHINGTON, DC - March 16, 2011 - (RealEstateRama) -- Teresa Kelly, a former operations supervisor in Colonial Bank’s Mortgage Warehouse Lending Division (MWLD), pleaded guilty today to conspiring to commit bank, wire and securities fraud for her role in a fraud scheme that contributed to the failures of Colonial Bank and Taylor, Bean & Whitaker (TBW).

US Department of Labor announces 2 grant competitions to provide career training and housing...

WASHINGTON, DC - March 16, 2011 - (RealEstateRama) -- The U.S. Department of Labor today announced two grant competitions for the National Farmworker Jobs Program. One competition will fund organizations that will provide training, the other housing services, to migrant and seasonal farmworkers and their families

THE FEDERATED COMPANIES PURCHASES BANK NOTE AND INCREASES MARKET VALUE OF ACQUISITION

Miami Beach, FL - March 15, 2011 - (RealEstateRama) -- The Federated Companies, a leading vertically integrated national real estate investment and development firm, has recently closed on the acquisition of a mortgage from KeyBank that is secured by Bayside Village in Portland, Maine. The asset is located in downtown Portland between the Old Port and Back Cove on 132 Marginal Way and consists of 100 units and 400 bedrooms and operates as a student housing complex that was completed in 2008.

Nixon Peabody Expands Affordable Housing Practice on West Coast; New Partner Tuan Pham Joins...

San Francisco, CA. - March 14, 2011 - (RealEstateRama) -- International law firm Nixon Peabody LLP has expanded its Affordable Housing practice on the West Coast with the arrival of new partner Tuan Pham. Mr. Pham joins Nixon Peabody’s San Francisco office from Goodwin Procter, where he also served as the hiring partner for the San Francisco office and a co-chair of the West Coast Diversity Committee.

Young Detroit Builders will be featured this Sunday, March 13 at 8:00 p.m. EDT...

WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- "The Secret Millionaire" features nonprofit organizations working in poor communities all around the country. It films what the organizations do and the people they impact. In this week’s episode, a "volunteer" comes to help YouthBuild Detroit, which is sponsored by Young Detroit Builders. Tune in for the wonderful surprise ending for YouthBuild Detroit and Young Detroit Builders.

AG Probe Highlights Mortgage Servicers’ Illegal and Negligent Practices

WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- Responding to widespread evidence of improper accounting, unwarranted fees, false documentation, and arbitrary foreclosure decisions, the 50 state Attorneys General are crafting a long-overdue plan to hold the mortgage servicing industry accountable. The plan would address accusations that banks and servicers have engaged in illegal and negligent servicing practices that have been a continued drag on the U.S. housing market and economy.

HOME TECHNOLOGY TRENDS VARY AROUND THE WORLD

INDIANAPOLIS, IN - March 11, 2011 - (RealEstateRama) -- While the buzz over 3D, tablets, and other hot technologies has been a global phenomenon, upon a closer look, the Custom Electronic Design & Installation Association (CEDIA) has found that homeowners have different expectations for their technology depending on where in the world they call home.

HOPE NOW: Mortgage Servicers Completed 101,000 Loan Mods for Homeowners in January

WASHINGTON, DC - March 11, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its January 2011 loan modification data, which shows that an estimated 101,000 homeowners received permanent, affordable loan modifications from mortgage servicers in the first month of the year.

CONGRESSWOMAN MALONEY, SPEAKER QUINN, QUEENS BOROUGH PRESIDENT MARSHALL, HPD COMMISSIONER CESTERO JOIN HANAC IN...

ASTORIA, NY - March 10, 2011 - (RealEstateRama) -- Congresswoman Carolyn B. Maloney (D?NY), New York City Council Speaker Christine Quinn, Former NYC Council Speaker Peter Vallone, Sr., Queens Borough President Helen Marshall, HPD Commissioner Rafael E. Cestero, Enterprise Community Partners, Citi, among others, joined HANAC, Inc., a nonprofit, multi?funded, citywide organization that serves local community residents, in opening today the HANAC George T. Douris Tower, a new green, mixed?use building providing affordable housing for seniors and community space for services that support them.

Bankrate: Mortgage Rates Stabilize

NEW YORK, N.Y. - March 10, 2011 - (RealEstateRama) -- Mortgage rates showed little change this week, with the benchmark conforming 30-year fixed mortgage rate now 5.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.

JOHNSON STATEMENT ON HOUSING MARKET HEARING

WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing on the state of the nation’s housing market. The Committee heard from industry leaders and experts, and discussed the current condition and challenges facing the housing market.

The Counselors of Real Estate Presents Perspectives About U.S. Real Estate Market at MIPIM...

CHICAGO, IL - March 9, 2011 - (RealEstateRama) -- At a time when the world is searching for facts about the stability of property markets, The Counselors of Real Estate professional association will offer an unbiased and realistic view of the U.S. property markets this week at MIPIM. MIPIM, held in Cannes, France, is the world's largest global real estate conference

US Department of Labor announces ‘Stand Down’ grants to assist about 10,000 homeless veterans

WASHINGTON, DC - March 9, 2011 - (RealEstateRama) -- The U.S. Department of Labor's Veterans' Employment and Training Service today announced the availability of $600,000 in "Stand Down" grants that will provide an estimated 10,000 homeless veterans with opportunities to reintegrate into society. The grants are being awarded under the department's Homeless Veterans' Reintegration Program

NEW SURVEY: AMERICANS WANT APPLIANCE STANDARDS TO DRIVE DOWN THE COST OF HOME ENERGY

Washington, DC - March 8, 2011 - (RealEstateRama) -- A new Consumer Federation of America (CFA) survey has found that the public overwhelmingly believes that improving the energy efficiency of home appliances is critically important and strongly supports appliance efficiency standards. In a report released today, CFA reveals that home energy costs now take an equal bite out of consumers’ pocketbooks as gasoline expenditures. And similar to their support for fuel economy standards, Americans want energy efficiency standards for home appliances. With oil prices skyrocketing, reducing home energy costs has become critically important to American consumers.

State HFAs Urge Congress To Protect and Support Vital Federal Housing Programs, Launch Faces...

WASHINGTON, DC - March 7, 2011 - (RealEstateRama) -- Life -changing stories of working families benefiting from a range of federal housing programs will be at the forefront of this week’s annual Legislative Conference of the National Council of State Housing Agencies (NCSHA).

William Raveis Named Marketing Agent for Cranberry Hill Estates

SHELTON, CT - March 7, 2011 - (RealEstateRama) -- The New Homes Division of William Raveis Real Estate, Mortgage & Insurance has been selected as marketing and sales agent for Cranberry Hill Estates, Shelton’s newest family community

FTC Charges Mortgage Relief Operation with Deceiving Distressed Homeowners

WASHINGTON, D.C. - March 7, 2011 - (RealEstateRama) -- As part of the Federal Trade Commission’s continuing crackdown on scams that target homeowners behind in their mortgage payments or facing foreclosure, the FTC has charged a national operation with marketing bogus loan modification services. The FTC seeks to stop the illegal practices and make the defendants pay refunds to consumers

BANKRUPTCY COURTS ADDRESS FORECLOSURE CRISIS WITH LOSS-MITIGATION PROGRAMS

Alexandria, VA - March 4, 2011 - (RealEstateRama) -- An analysis in the March issue of the ABI Journal found that several bankruptcy courts are dealing with the foreclosure crisis through the adoption of loss-mitigation programs (LMPs). As Congress examines a possible repeal of the Home Affordable Modification Program (HAMP) due to ineffectiveness in modifying mortgages, John Rao of the National Consumer Law Center Inc. in Boston writes that several bankruptcy courts have provided a useful solution through the adoption of LMPs.

LMSPN Spotlights Loan Scams for National Consumer Protection Week

WASHINGTON, DC - March 4, 2011 - (RealEstateRama) -- In conjunction with National Consumer Protection Week (NCPW), March 6-12, NeighborWorks America, The Lawyers Committee for Civil Rights Under Law, HOPE Now, Fannie Mae, Freddie Mac and a coalition of national government agencies, nonprofit organizations and financial institutions are empowering homeowners to combat loan modification scams.

US Labor Department seeks debarment of construction contractor for labor violations at New York...

NEW YORK, NY - March 4, 2011 - (RealEstateRama) -- The U.S. Department of Labor has taken legal action to seek debarment of Lettire Construction Corp., a New York City general contractor, and Nicholas Lettire, president of the company, from working on future federally funded contracts for a period of three years.

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