Yearly Archives: 2014

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- U.S. Representative Ed Royce (R-CA) released the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement that it will divert money to the Housing Trust Fund and the Capital Magnet Fund pursuant to the Agency’s interpretation of the Housing and Economic Recovery Act of 2008 (HERA):

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- The U.S. Senate today gave final congressional approval to legislation sponsored by the Mississippi congressional delegation to make property in Tishomingo County available to Mississippi for economic development.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- Congressman Raúl Grijalva (D-AZ) released the following statement today after an announcement by the Federal Housing Finance Agency (FHFA) that it will remove the funding suspension to the Housing Trust Fund and the Capital Magnet Fund, which will allow dedicated funds to return to the programs.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- Senate Banking Committee Chairman Tim Johnson (D-SD) released the following statement regarding today’s announcement by the Federal Housing Finance Agency to direct Fannie Mae and Freddie Mac to allocate funding for the Housing Trust Fund and the Capital Magnet Fund

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- NAIOP President and CEO Thomas Bisacquino spoke with Fox Business News on behalf of the industry in a call for Congress to extend the Terrorism Risk Insurance Act (TRIA), passed overwhelmingly in the House with a vote of 417-7 and is now in the Senate for their immediate consideration. This legislation is key to preventing disruption in the CRE markets

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement today regarding passage in the House of Representative of a Omnibus Spending bill that included a series of association-backed reforms designed to allow employers and employees to protect and improve multi-employer retirement programs

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- The National Low Income Housing Coalition (NLIHC) commends the decision by Mel Watt, Director of the Federal Housing Finance Agency, to lift the suspension on Fannie Mae and Freddie Mac’s obligation to fund the National Housing Trust Fund (NHTF) and the Capital Magnet Fund. Finally, the National Housing Trust Fund will have resources to begin expanding the housing supply for the lowest income and most vulnerable people in our country, providing a major boost to efforts to end homelessness and housing poverty in the United States.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- The Urban Land Institute (ULI) Greenprint Center for Building Performance, a worldwide alliance of leading real estate owners, investors and financial institutions committed to improving energy efficiency and reducing carbon emissions across the global property industry, has announced the addition of Agilis Energy as its newest innovation partner.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- This morning, the Federal Housing Finance Agency (FHFA) announced it is directing Government-Sponsored Enterprises Fannie Mae and Freddie Mac (the GSEs) to begin setting aside and allocating funds to the Housing Trust Fund and the Capital Magnet Fund (the Funds). Although the Housing and Economic Recovery Act of 2008 (HERA) instructed the GSEs to contribute annually to the Funds, then-FHFA Acting Director Ed DeMarco in 2008 suspended such contributions before the GSEs made any.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- The Office of Congresswoman Eleanor Holmes Norton (D-DC) announced that Norton will speak about the 40th anniversary of the Home Rule Act and the 50th anniversary of the Civil Rights Act and be honored at a ceremony by the Steering Committee of the District of Columbia Bar’s D.C. Affairs Section tonight, Thursday, December 11, at 6:45 p.m. at the law firm Venable LLC (575 7th Street NW)

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- Analysts at the Energy Department's National Renewable Energy Laboratory (NREL) have used statistical analyses and detailed case studies to better understand why solar market policies in certain states are more successful. Their findings indicate that while no standard formula for solar implementation exists, a combination of foundational policies and localized strategies can increase solar photovoltaic (PV) installations in any state.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC) released the following statement in response to the National Labor Relations Board’s (NLRB) “ambush” election rule released today

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced today that the Tennessee Department of Financial Institutions (the Department) has received certificates of accreditation, confirming that the Department maintains the highest standards and practices in state banking supervision, as set forth by the CSBS Bank Accreditation Program, and mortgage supervision, as set forth by the AARMR/CSBS Mortgage Accreditation Program.

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- A federal court has entered orders against 22 defendants who offered financially strapped consumers fake home-loan modification services that the FTC claims violated the FTC Act and the Mortgage Assistance Relief Services (MARS) Rule. The MARS Rule bans mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they deem acceptable

WASHINGTON, D.C. - December 12, 2014 - (RealEstateRama) -- Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning Federal Housing Finance Agency Director Mel Watt’s decision to begin payments from Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Magnet Fund

RENO, NV. - December 11, 2014 - (RealEstateRama) -- With the successful launch of its new Reno-Sparks office, Coldwell Banker Select made it official by treating the community to an evening of celebration at its December 4th grand opening and ribbon cutting event benefiting the areas local Toys for Tots

WASHINGTON - December 11, 2014 - (RealEstateRama) -- Rep. Randy Neugebauer (R-TX), Chairman of the House Financial Services Subcommittee on Housing and Insurance, released the following statement today after the Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to allocate funding for the Housing Trust Fund and the Capital Magnet Fund:

WASHINGTON - December 11, 2014 - (RealEstateRama) -- Congress and the administration must address key policy issues in order to facilitate a healthy real estate market that serves current and future homeowners and drives the national economy forward, said the National Association of Realtors® today in testimony before the U.S. Senate Banking Subcommittee on Housing

WASHINGTON - December 11, 2014 - (RealEstateRama) -- Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research

TALLAHASSEE, Fla. - December 11, 2014 - (RealEstateRama) -- Attorney General Pam Bondi announced today that more than 14,000 Floridians will receive checks totaling more than $16 million this week as a result of the national Ocwen mortgage settlement. The checks, in the amount of approximately $1,150 per claim, are being distributed to eligible consumers who lost their homes to foreclosure between 2009 and 2012. Attorney General Bondi’s office played a leading role on the executive committee that helped negotiate the $125 million settlement between Ocwen and the attorneys general of 49 states, state banking regulators and the federal Consumer Financial Protection Bureau.