Yearly Archives: 2012

Washington, D.C. - November 30, 2012 - (RealEstateRama) -- Billings at architecture firms accelerated to their strongest pace of growth since December 2010. As a leading economic indicator of construction activity, the Architecture Billings Index (ABI) reflects the approximate nine to twelve month lag time between architecture billings and construction spending.

November 30, 2012 - (RealEstateRama) -- CHF CIRB released their July 2012 California Construction Review to subscribers last week. The review demonstrates the positive turn in the construction industry has taken over the past year. A few highlights fr...

Anchorage, AK - November 30, 2012 - (RealEstateRama) -- The National Council of State Housing Agencies (NCSHA) is rewarding Alaska Housing Finance Corporation (AHFC) for its efforts to improve communities by opening doors for Alaskans.

New York, NY - November 30, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Department of Environmental Protection Commissioner Carter H. Strickland Jr., today announced that the City will temporarily suspend water bills for customers whose p...

Albany, NY - November 30, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that PHH Mortgage Corporation will move forward with a $35 million expansion plan in Amherst, Erie County that will retain 400 jobs that were in jeopardy of b...

WASHINGTON, D.C. - November 30, 2012 - (RealEstateRama) -- The Justice Department announced today that the manager and owner of the Geneva Terrace Apartments Inc. in La Crosse, Wis., have agreed to pay $57,500 to settle a lawsuit alleging they violated the Fair Housing Act by discriminating against African-Americans who were seeking to rent apartments at the complex.

November 30, 2012 - (RealEstateRama) -- The City of Alexandria has released its draft Housing Master Plan for public review and comment. The Housing Master Plan is intended to guide future preservation and enhancement of affordable housing opportunitie...

Washington D.C. - November 30, 2012 - (RealEstateRama) -- In response to Governor Cuomo’s request for strategies to ensure that the State of New York is resilient in the face of future natural disasters, the Consumer Federation of America (CFA) called for state regulators to immediately identify coverage gaps that could result in consumer frustration and to adopt policies that clarify coverage and prevent unjustified denial of claims.

WASHINGTON, D.C. - November 30, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement today regarding H.R. 6429, a bill that would increase costs for future homebuyers by raising the guarantee fees charged on single family mortgages by Fannie Mae and Freddie Mac in order to pay for certain immigration reforms.

CHICAGO, IL - November 30, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the homeowner association and property managers for an Edina, MN, condominium building with housing dis...

WASHINGTON, DC - November 30, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development’s (HUD) Office of Sustainable Housing and Communities (OSHC) today released its 2012 Accomplishments Report, Helping Communities Realize a More Prosperous Future, which highlights how grantees of the 2010 and 2011 HUD Sustainability Grants are working to support locally led collaborative efforts that are building stronger regional economies.

TALLAHASSEE, FL - November 29, 2012 - (RealEstateRama) -- Attorney General Pam Bondi reminds Florida borrowers who lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011 and who may be eligible for payment under the $25 billion national...

WASHINGTON, DC - November 29, 2012 - (RealEstateRama) -- U.S. Senators Ben Cardin and Barbara Mikulski (both D-MD) today announced that the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) will provide $1.3 million in funding to create greater affor...

Washington, DC - November 29, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2013 will remain at existing levels. In most of the country, the loan limit will be $417,000 for one-unit properties. The loan limits are established under the terms of the Housing and Economic Recovery Act of 2008 (HERA), and are calculated each year.

WASHINGTON, DC - November 29, 2012 - (RealEstateRama) -- The Federal Housing Administration (FHA) recently published guidance to help families with FHA-insured mortgages struggling to repair or rebuild their homes in the wake of major disasters like Hurricane Sandy. FHA’s mortgagee letter reinforces the agency’s longstanding policy of extending foreclosure relief and directs lenders to release insurance proceeds to borrowers rather than to apply those payouts to bring delinquent mortgages current.

LOS ANGELES, CA - November 29, 2012 - (RealEstateRama) -- A Glendale man has agreed to plead guilty to federal fraud charges, admitting that he ran three separate scams, including a Ponzi scheme that defrauded 30 families out of more than $8 million.

Mineola, NY - November 29, 2012 - (RealEstateRama) -- With a wintery mix over the region, Nassau County Executive Edward P. Mangano today activated Nassau’s Warm Bed homeless program which providing shelter relief to individuals and families during c...

WASHINGTON, D.C. - November 29, 2012 - (RealEstateRama) -- Yesterday, President Barack Obama signed into law H.R. 2606, the New York Natural Gas Supply Enhancement Act sponsored by Congressman Michael Grimm and Congressman Gregory W. Meeks. The bill a...

HARRISBURG - November 29, 2012 - (RealEstateRama) -- A Berks County man, who owns three mobile home parks in Berks, Dauphin and York counties was charged today by the Attorney General's Environmental Crimes Section after allegedly illegally discharging...

CHARLESTON - November 29, 2012 - (RealEstateRama) -- Attorney General Darrell McGraw announced today that Murray LLP, a Texas law firm, agreed to permanently discontinue offering a service to West Virginia foreclosure victims that a lawsuit filed by Mc...