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HOPE NOW: 70K Loan Mods for Homeowners in April

WASHINGTON, DC - June 24, 2013 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its April 2013 loan modification data. An estimated 70,000 homeowners received permanent, affordable loan modifications from mortgage servicers during the month. This total includes modifications completed under both proprietary programs and the government’s Home Affordable Modification Program (HAMP).

DataQuick Report Highlights Expansion of Home Price Growth in May

SAN DIEGO - June 19, 2013 - (RealEstateRama) -- Home prices continued to trend upward in May as growth spread to more areas of the country, according to the Property Intelligence Report (PIR) from DataQuick®, a provider of advanced real estate information solutions.

HUD AWARDS $40 MILLION IN HOUSING COUNSELING GRANTS

WASHINGTON, DC - June 18, 2013 - (RealEstateRama) -- As part of its continuing effort to assist families and individuals with their housing needs and to prevent future foreclosures, the U.S. Department of Housing and Urban Development (HUD) today announced more than $40 million in housing counseling grants to 334 national, regional and local organizations. As a result of these grants and the additional funding they help leverage, more than 1.6 million households will have a greater opportunity to find housing, make more informed housing choices or keep their current homes.

Independent Foreclosure Review Payments Exceed $2.4 Billion

WASHINGTON, DC - June 17, 2013 - (RealEstateRama) -- More than 2.7 million checks, totaling more than $2.4 billion, related to the Independent Foreclosure Review (IFR) Payment Agreement have been cashed or deposited through June 13, 2013

Independent Foreclosure Review Payments Near $2.4 Billion

WASHINGTON - June 10, 2013 - (RealEstateRama) -- Nearly 2.7 million checks have been cashed or deposited for about $2.4 billion as a result of the Independent Foreclosure Review (IFR) Payment Agreement through June 6, 2013.

Poloncarz, Officials at Forefront on Foreclosures

ERIE COUNTY, NY - June 4, 2013 - (RealEstateRama) -- Today, Erie County Executive Mark C. Poloncarz was joined by Erie County Director of Real Property Tax Services Joseph L. Maciejewski, CCD, Town of Tonawanda Supervisor Anthony Caruana, and concerned citizens at 39 Fowler St. in Tonawanda as he outlined the foreclosure process in Erie County (“the County”), focusing on ways that homeowners can avoid being foreclosed on while underscoring Erie County’s commitment to ensuring the equitable spread of real property taxes across the County

MHP Publishes Foreclosure Monitor, Which Looks at Recent Decrease in MA Foreclosures

BOSTON - June 3, 2013 - (RealEstateRama) -- A 2012 law that requires banks to notify borrowers of their rights to pursue a loan modification before foreclosing may be a factor in the precipitous drop in foreclosures in the first quarter of 2013

Independent Foreclosure Review Payments Exceed $2.3 Billion

WASHINGTON, DC - June 3, 2013 - (RealEstateRama) -- More than 2.6 million people have cashed or deposited more than $2.3 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 30, 2013.

U.S. House Pric es Rose 1.9 Percent in First Quarter 2013

Washington, DC - May 28, 2013 - (RealEstateRama) -- Upward momentum in U.S. house prices remained strong in the first quarter of this year, rising 1.9 percent from the previous quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the seventh consecutive quarterly price rise in the purchase-only, seasonally adjusted index.

Independent Foreclosure Review Payments Near $2.3 Billion

WASHINGTON, D.C. - May 24, 2013 - (RealEstateRama) -- More than 2.5 million people have cashed or deposited nearly $2.3 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 23, 2013

Independent Foreclosure Review Payments Approach $2.2 Billion

WASHINGTON, DC - May 17, 2013 - (RealEstateRama) -- More than 2.4 million checks related to the Independent Foreclosure Review have been cashed or deposited for nearly $2.2 billion through May 16, 2013

NeighborWorks America Spotlights the Thousands of Homeowners Organization Creates Yearly as National Homeownership Month...

Washington, DC - May 17, 2013 - (RealEstateRama) -- June is National Homeownership Month, and NeighborWorks America is highlighting the 15,000 homeowners created in 2012 and, as new research proved, that NeighborWorks pre-purchase housing counseling and education leads to a better prepared homebuyer. NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities, supports a network of more than 235 nonprofits, located in every state, the District of Columbia and Puerto Rico

Independent Foreclosure Review Payments Exceed $2 Billion

WASHINGTON, D.C. - May 13, 2013 - (RealEstateRama) -- More than 2.2 million people have cashed or deposited more than $2 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 9, 2013.

Northern California Real Estate Investor Indicted on Additional Charge

WASHINGTON, D.C. - May 9, 2013 - (RealEstateRama) -- A federal grand jury in U.S. District Court for the Eastern District of California in Sacramento today returned a superseding indictment charging Andrew B. Katakis, of Danville, Calif., with obstruction of justice related to a federal investigation into conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., the Department of Justice announced

7,000 Illinoisans Tell Sen. Kirk it’s Time to Support CFPB Director Cordray

CHICAGO, IL - May 7, 2013 - (RealEstateRama) -- Woodstock Institute and Illinois PIRG delivered a message from over 7,000 residents of Illinois to Sen. Mark Kirk today: it’s time to stop the obstructionism and confirm Director Richard Cordray to a full term at the helm of the Consumer Financial Protection Bureau (CFPB). The petitions were delivered as part of a national movement during which over 160,000 Americans signed a petition from Americans for Financial Reform asking members of Congress to confirm Cordray let the CFPB continue to do its job of protecting consumers

Independent Foreclosure Review Payments Near $1.7 Billion

WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- More than 1.8 million people have cashed or deposited nearly $1.7 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 2, 2013.

Senate Should Act Quickly to Confirm Rep. Mel Watt as FHFA Head – See...

WASHINGTON, D.C. - May 2, 2013 - (RealEstateRama) -- As the nation struggles to rebuild the housing market and broader economy, the White House’s nomination of Rep. Mel Watt to head the Federal Housing Finance Agency (FHFA) is encouraging. Rep. Watt has been in Congress for twenty years, ably serving on the House Financial Services Committee. He was one of the first elected officials to warn about the dangers of subprime lending, offering legislation to nip predatory lending in the bud, and tirelessly advocating for ways to prevent needless home foreclosures

Independent Foreclosure Review Payments Exceed $1 Billion

WASHINGTON, DC - April 26, 2013 - (RealEstateRama) -- More than one million people have cashed or deposited more than $1 billion in checks related to the Independent Foreclosure Review Payment Agreement through April 25

Status of Independent Foreclosure Review Payments

WASHINGTON, DC - April 19, 2013 - (RealEstateRama) -- The second wave of 1.4 million checks totaling $1.2 billion was sent today to borrowers eligible for payments under the Independent Foreclosure Review Payment Agreement, bringing the total number of checks sent to date to 2.8 million worth $2.4 billion. Independent Foreclosure Review.

Homeownership Preservation Foundation Receives $3.4 Million Grant from National Foreclosure Mitigation Counseling (NFMC) Program

WASHINGTON, D.C. - April 18, 2013 - (RealEstateRama) -- The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure through its Homeowner’s HOPE™ Hotline at 888-995-HOPE™, announced today that it has received $3.4 million in grant funds from the National Foreclosure Mitigation Counseling (NFMC) Program overseen by NeighborWorks® America

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Amata Coleman Radewagen

Amata Welcomes Final Passage of Government Funding Extension That Prevents Shutdown

Congresswoman Uifa’atali Amata is welcoming Tuesday’s final passage by a bipartisan vote of 370-48 of the government funding extension, which was necessary to keep the federal