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Jefferson City, MO - August 31, 2012 - (RealEstateRama) -- Attorney General Chris Koster today said his office has obtained a criminal indictment from the St. Louis County grand jury against Jason Leavy for violating Missouri’s laws related to his h...

Washington, DC - August 31, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that it has directed Fannie Mae and Freddie Mac to raise guarantee fees (g-fees) on singlefamily mortgages by an average of 10 basis points. The changes to g-fee pricing represent a step toward encouraging greater participation in the mortgage market by private firms, a goal set forth in FHFA’s Strategic Plan for Enterprise Conservatorships.

WASHINGTON, DC - August 31, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Mississippi and provide support to homeowners and low-income re...

Torrance, CA - August 28, 2012 - (RealEstateRama) -- The Santa Ana Unified School District (SAUSD) experienced a facelift this summer when construction manager C.W. Driver completed $20 million worth of upgrades at 10 schools located throughout the dis...

WASHINGTON, DC - August 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to St. John’s Lutheran Hospital in Libby, Montana. The $32 million loan is made ...

Kansas City, MO - August 28, 2012 - (RealEstateRama) -- In cities across the Greater Kansas City Metropolitan Area, housing production continues to climb in 2012 with the second highest month this year, according to the Home Builders Association of Gre...

WASHINGTON, D.C. - August 28, 2012 - (RealEstateRama) -- Construction employment declined in 165 out of 337 metropolitan areas between July 2011 and July 2012, increased in 123 and was stagnant in 49, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the new data comes out as many metro areas continue to struggle with constricting public sector budgets and uneven private sector growth.

WASHINGTON, D.C. - August 28, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, Thomas E. Perez, the Assistant Attorney General for the Department of Justice’s Civil Rights Division, and John Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development (“HUD”), announced today that GFI Mortgage Bankers Inc., a large independent home mortgage firm that concentrates on the New York, New Jersey, and Florida markets, will pay $3.555 million to resolve a lending discrimination lawsuit filed by the Department of Justice and the U.S. Attorney’s Office for the Southern District of New York.

Washington, DC - August 28, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac are issuing new, clear guidelines to their mortgage servicers that will align and consolidate existing short sales programs into one standard short sale program.

Washington, DC - August 28, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.66 percent based on loans closed in July. Beginning in March, FHFA is calculating interest rates using un-weighted survey data.

WASHINGTON, DC - August 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that nine applicants are finalists to compete for approximately $110 million in 2012 Choice Neighborhoods Implementation grants to transform public and other HUD-assisted housing in targeted neighborhoods.

Anchorage, AK - August 24, 2012 - (RealEstateRama) -- Would-be homeowners often feel stressed and anxious when they face myriad decisions affecting their purchase; and often the desire for aesthetic improvements overshadows the consideration of home en...

WASHINGTON, DC - August 24, 2012 - (RealEstateRama) -- A West Virginia woman caring for her brother who has autism knew something was wrong when she tried to rent an apartment in Charleston from landlord Michael Corey in 2009. The landlord demanded th...

New York, NY - August 24, 2012 - (RealEstateRama) -- In 2009, the United States Congress passed the American Recovery and Reinvestment Act (ARRA), providing $5 billion nationally for the Weatherization Assistance Program (WAP), and HCR received approxi...

ATLANTA— August 24 marks 20 years since Hurricane Andrew made landfall in South Florida, devastating Homestead, Florida City and parts of Miami. When Andrew struck, the Federal Emergency Management Agency (FEMA) coordinated across the entire federal ...

WASHINGTON, Dc - August 23, 2012 - (RealEstateRama) -- Since its inception, the nation’s Low-Income Housing Tax Credit (LIHTC) Program helped produce more than 2.2 million affordable apartments, accounting for roughly one-third of all multi-family rental housing constructed between 1987 and 2006. A new report by the U.S. Department of Housing and Urban Developmentfinds that after an initial 15-year required ‘affordability period,’ the vast majority of these LIHTC properties remain affordable for working families.

SPRINGFIELD, IL - August 22, 2012 - (RealEstateRama) -- Home sales in the state surged 25.5 percent over previous year levels, with data released today by the Illinois Association of REALTORS® showing signs that the state’s housing market is strengt...

KODIAK, AK - August 22, 2012 - (RealEstateRama) -- Sandra Amox, Alaska Housing Finance Corporation’s (AHFC) asset supervisor in Kodiak, is retiring at the end of this month after a 22-year career in Alaska’s public housing sector.

MONTGOMERY – August 22, 2012 – (RealEstateRama) — Governor Robert Bentley on Tuesday announced the timeline for a special election to fill the District 34 seat in the Alabama House of Representatives. The District 34 seat is being vac...

Yonkers, NY - August 22, 2012 - (RealEstateRama) -- The Yonkers Industrial Development Agency (YIDA) today gave initial approvals for a $22 million redevelopment of five properties in downtown Yonkers into lofts, retail and restaurant space.