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Georgia Department of Banking and Finance’s Order to Cease and Desist Issued to Xcelerated...

Atlanta, GA - June 2, 2011 - (RealEstateRama) -- On May 31, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center fka Foreclosure Crisis Center, LLC located at 6505 Shiloh Road, Suite 301, Alpharetta, Georgia 30005 became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center fka Foreclosure Crisis Center, LLC engaged in residential mortgage brokering activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

District to Hold 3rd Annual D.C. Housing Expo and Foreclosure Clinic

WASHINGTON, DC - June 2, 2011 - (RealEstateRama) -- Mayor Vincent C. Gray today announced that the District will hold the 3rd Annual D.C. Housing Expo and Foreclosure Clinic on Saturday, June 4, 2011, at the Walter E. Washington Convention Center. The Expo includes resources for all District residents, including information for renters, homeowners, potential homeowners, landlords and those facing foreclosure.

Online Real Estate Auctions Becoming More Popular

Newport Beach, CA - June 1, 2011 - (RealEstateRama) -- Bringing a property to market is easy, trading that property however can be difficult, especially in a depressed market. Yet there are a growing number of real estate professionals who are expanding their service offerings to compete and succeed in such conditions.

The Ballen Group, Award Winning Las Vegas Real Estate Agent Team with Keller Williams...

Las Vegas, NV - June 1, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas Short Sale Specialists in Nevada, has partnered with JAMES JOHNSON, REALTOR® in order to expand the home buyers division and work with Las Vegas Home Buyers.

Shanta Patton- Patton Team – Realty ONE Group Earns Real Estate, Short Sale Designation...

Las Vegas, NV - May 31, 2011 - (RealEstateRama) -- Shanta Patton of Realty ONE Group in Las Vegas has earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by Patton will help benefit Las Vegas/Henderson area residents and communities.

Delinquency and Foreclosure Trends: Housing Market Remains Shaky

WASHINGTON, D.C. - May 27, 2011 - (RealEstateRama) -- The latest National Delinquency Survey issued by the Mortgage Bankers Association for the first quarter shows late mortgage payments and foreclosure starts have been dropping since the end of 2009. However, when you view the bigger picture, the housing market remains shaky, with millions of homeowners still at risk of losing their home.

Attorney General Kamala D. Harris Subpoenas Loan Processor LPS in Wide-Ranging Probe of Mortgage...

LOS ANGELES, CA - May 27, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris announced she has subpoenaed Lender Processing Services, Inc. (LPS), as part of her continuing probe into "robosigning" of mortgage documents and other illegal activities in the mortgage servicing industry, especially misconduct affecting borrowers facing, or in the midst of, foreclosure

Justice Department Settles with Bank of America and Saxon Mortgage for Illegally Foreclosing on...

WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- The Justice Department today announced settlements with two lenders under the Servicemembers Civil Relief Act (SCRA) to resolve allegations that the lenders wrongfully foreclosed upon active duty servicemembers without first obtaining court orders, in violation of the SCRA. Combined, the settlements provide more than $22 million in monetary relief for the victims

Sam Johnson announces foreclosure prevention workshop on Friday, June 10th

Washington, DC - May 26, 2011 - (RealEstateRama) -- Today U.S. Congressman Sam Johnson (3rd Dist.-Texas) invited constituents to attend a free foreclosure prevention workshop in Dallas. The event takes place on Friday, June 10th from 3 p.m. to 8 p.m. in Dallas at the Texas Agrilife Research and Extension Center located at 17360 Coit Road.

VA Announces Disaster Assistance After Tornado Outbreaks

WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- The Department of Veterans Affairs (VA) announced today that special disaster assistance may be available to Veterans with VA-guaranteed home loans who have been affected by recent tornados in Missouri.

Atlanta’s Top-Producing Real Estate Team Partners with Keller Williams Realty North Atlanta

Alpharetta, GA - May 26, 2011 - (RealEstateRama) -- Realtor Mark Spain and his award-winning team of 14 agents and staff have partnered with Keller Williams Realty North Atlanta. They are based out of the Keller Williams located at 5780 Windward Parkway in Alpharetta. The Mark Spain Team had been with RE/MAX International since 1997 and was annually honored as one of the top-producing real estate teams in Georgia and the entire United States. In addition, the team has been the #1 team with the several-thousand-member Atlanta Board of Realtors for the last seven consecutive years

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NORTH DAKOTA STORM VICTIMS

WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of North Dakota and provide support to homeowners and low-income r...

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR IDAHO STORM VICTIMS

WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Idaho and provide support to homeowners and low-income renters forced from their homes following flooding, landslides, and mudslides storm during March and April.

Attorney General DeWine and Ohio Department of Commerce Announce Settlement with Carrington Mortgage Services

COLUMBUS, OH - May 20, 2011 - (RealEstateRama) -- Ohio Attorney General Mike DeWine and Ohio Department of Commerce Director David Goodman today announced an assurance of voluntary compliance (AVC) with Carrington Mortgage Services, LLC to resolve a 2009 lawsuit and to provide relief to Ohio homeowners facing foreclosure."This agreement will help Ohioans obtain affordable modifications to allow them to stay in their homes," Attorney General DeWine said. "We are pleased that Carrington Mortgage Services has worked with our Office and is committed to helping Ohio homeowners avoid foreclosure."

Faris Lee Investments Chosen by LNR Partners to Market Landmark Retail Center in Las...

LAS VEGAS, NV - May 19, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, has been named the exclusive broker to market The District at Green Valley Ranch, a 384,107-square-foot landmark retail community center located in Green Valley Ranch, a leading master planned community located near Las Vegas at Green Valley Parkway and Interstate 215.

Bank-owned Las Vegas Building Looking for a New Owner in Online REO Auction

NEWPORT BEACH, CA - May 18, 2011 - (RealEstateRama) -- Another bank-owned building, another auction: a common story in the Las Vegas area. So what makes this auction different? It is conducted entirely online, as have many hundreds of other successful auctions on the Freedom Realty Exchange®, the global online real estate auction marketplace.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR SOUTH DAKOTA STORM VICTIMS

WASHINGTON, DC - May 18, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of South Dakota and provide support to homeowners and low-income r...

AG Cooper moves to stop phony foreclosure assistance scheme

Raleigh: - May 17, 2011 - (RealEstateRama) -- A Winston-Salem foreclosure rescue operation that targeted financially distressed homeowners with claims to help them save their homes from foreclosure is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced.

Housing Starts Fall 10.6 Percent as Uncertainty Continues

WASHINGTON, D.C. - May 17, 2011 - (RealEstateRama) -- Nationwide housing starts fell 10.6 percent in April to a seasonally adjusted annual rate of 523,000 units as concerns regarding competition from foreclosures, a lack of consumer confidence in the housing market and the inability to secure production credit caused builders to slow production, according to newly released figures from the U.S. Commerce Department.“While mortgage rates are low and house prices are as affordable as they’ve been in a generation, the decline in April’s housing starts is indicative of the low level of confidence that consumers have in the housing market,” said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev.

GLVAR reports Las Vegas home sales strong in April

Las Vegas, NV - May 12, 2011 - (RealEstateRama) -- Statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show an increased number of local homes sold in April compared to one year ago.

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.