Yearly Archives: 2013
COMPTROLLER LIU REJECTS $91 MILLION HOMELESS SHELTER CONTRACT
NEW YORK, N.Y. - February 7, 2013 - (RealEstateRama) -- New York City Comptroller John C. Liu today rejected a 21-year, $91 million contract for a homeless shelter in the Bronx amid questions concerning the legitimacy of the required approval process r...
MERSCORP Holdings, Inc. January 2013 News Summary
Reston, Virginia - February 7, 2013 - (RealEstateRama) -- Below is a monthly summary of major legal decisions involving either the use of the MERS® System database or Mortgage Electronic Registration Systems, Inc. (MERS) and its role in the mortgage process. Please feel free to contact the Office of Communications at MERSCORP Holdings, Inc. with any questions and visit the MERS Newsroom for a full list of news releases.
Winners of the 2013 NAHB Residential Construction Management Competition Announced
Washington, D.C. - February 7, 2013 - (RealEstateRama) -- John Courson, president and CEO of HBI, gathered with other building industry leaders to announce the winners of 2013 NAHB Residential Construction Management Competition (RCMC) during an awards ceremony at the 2013 NAHB International Builders’ Show (IBS) in Las Vegas.
Average 30-Year Fixed-Rate Mortgage Remains at 3.53 Percent
MCLEAN, VA--(Marketwire - Feb 7, 2013) - Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS®), showing mortgage rates either unchanged or lower and should continue to aid in the ongoing housing recovery.
Builder Confidence in the 55+ Housing Market Ends Year on a Positive Note
WASHINGTON, D.C. - February 7, 2013 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes showed continued improvement in the fourth quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index increased 10 points to a level of 28, the fifth consecutive quarter of year over year improvements.
Women Real Estate Investors In Connecticut Meeting
West Hartford, CT - February 7, 2013 - (RealEstateRama) -- Our mystery Guest speaker was featured on CNN News, rehabbing a property and she arrive at the job site... in her Best Suit... No... not her blue jeans! We'll have the video... "profited $92,00...
HUD ANNOUNCES FIRST ROUND OF ALLOCATIONS OF HURRICANE SANDY RECOVERY FUNDS TO RHODE ISLAND
WASHINGTON, DC - February 7, 2013 - (RealEstateRama) -- The Department of Housing and Urban Development today allocated over $3 million in Community Development Block Grant (CDBG) Disaster Recovery funding to Rhode Island, representing the first round ...
Karen Sullivan Joins Gloria Nilson Realtors Princeton Office
WASHINGTON, D.C. - February 7, 2013 - (RealEstateRama) -- Gloria Nilson, REALTORS®, Real Living today announces Karen Sullivan has joined the Princeton Office as Broker-Associate. Sullivan brings 28 years of real estate experience to her new role, ha...
Former Mortgage Broker and Bank Officer Charged with Conspiring to Commit Bank Fraud
NEWARK - February 7, 2013 - (RealEstateRama) -- A former mortgage broker and bank officer from Bergen County, New Jersey was arrested this morning for allegedly conspiring to commit bank fraud to secure a $1.5 million residential loan, U.S. Attorney Pa...
Congressman Kevin Cramer (R-ND) Joins Senators Hoeven and Heitkamp Sending United States Department Of...
Washington, DC – February 7, 2013 – (RealEstateRama) — Congressman Kevin Cramer joined Senators Hoeven and Heitkamp in sending a letter to Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, urging the HUD to al...
Consumer Housing Sentiment Continues to Rise as Employment Concerns Wane
WASHINGTON, DC - February 7, 2013 - (RealEstateRama) -- Increasing confidence in home sales and an improved sense of job security provide further evidence of the strengthening of the housing market, according to Fannie Mae’s January 2013 National Housing Survey results. Underlying the growing sense of optimism, the percentage of survey respondents who think it is a good time to sell a home continued to climb to 23 percent last month from 11 percent the same time last year. While expectations regarding personal finances stayed relatively flat last month, other housing indicators remained at or near survey highs, indicating consumers remain confident in the stability of the housing market.
MassHousing and Department of Housing and Community Development Announce Loan Closings on $8.2 Million...
BOSTON - February 7, 2013 - (RealEstateRama) -- MassHousing and the Department of Housing and Community Development (DHCD) announced $8.2 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston...
Connecticut Delegation Celebrates Additional Funding For Sandy Recovery
WASHINGTON, DC - February 7, 2013 - (RealEstateRama) -- Connecticut’s congressional delegation released the following statement today applauding the announcement Connecticut will be receiving $71.8 million that may be used to repair homes and busines...
House Financial Services Committee Vice Chairman Gary Miller Calls for Improvements to the FHA
Washington, DC - February 7, 2013 - (RealEstateRama) -- Today, the House Financial Services Committee convened a hearing about the role of the Federal Housing Administration (FHA) in the mortgage insurance market.
CONGRESSMAN BACHUS WARNS OF TAXPAYER RISK POSED BY HOUSING AGENCY
WASHINGTON, DC - February 7, 2013 - (RealEstateRama) -- Congressman Spencer Bachus (AL-6) today said that U.S. taxpayers are being put at risk by yet another troubled federal housing finance agency.
New Real Estate Agents Join John R. Wood Realtors
WASHINGTON, D.C. - February 7, 2013 - (RealEstateRama) -- John R. Wood Realtors is pleased to welcome four new real estate agents to the Naples, FL team. Bob and Ann Sullivan have years of great team experience, and Joe Rivera Jr. and Mark P. Ripley are excellent individual agents.
Bellwether Enterprise Announces More Than $1.5 Billion in 2012 Production
SAN DIEGO - February 7, 2013 - (RealEstateRama) -- Bellwether Enterprise Real Estate Capital, LLC (Bellwether Enterprise), the multifamily and commercial banking subsidiary of Enterprise Community Investment, Inc. (Enterprise), today announced it provided more than $1.5 billion in financing in 2012, including $1.2 billion since Bellwether Real Estate Capital merged with Enterprise’s Multifamily Mortgage Finance business in May of 2012. The breakdown by property type for all of 2012 is as follows:
FREE EXPERTISE ON ‘BUILDING STRONGER, SAFER, SMARTER’
TRENTON, N.J. - February 7, 2013 - (RealEstateRama) -- Getting free advice on how to repair or rebuild your home to minimize future disaster damage is as easy as visiting your local home improvement store. Specialists from the Federal Emergency Manage...
$1.2 MILLION AWARDED TO HELP KANSAS FAMILIES OBTAIN SAFE, AFFORDABLE HOUSING
TOPEKA - February 7, 2013 - (RealEstateRama) -- Ten non-profits and public housing authorities will share approximately $1.2 million in Tenant Based Rental Assistance (TBRA) to help Kansas families obtain safe, affordable housing of their choice. Funde...
THE MOINIAN GROUP GETS ‘F’ FROM NEW YORKERS
New York City - February 7, 2013 - (RealEstateRama) -- Hundreds of supporters joined elected officials, construction, building operations, and maintenance workers to give The Moinian Group failing grades on tenant relations, safety, financial stability...
