Archives

September 5, 2012 - (RealEstateRama) -- Congresswoman Chellie Pingree today congratulated LearningWorks and the Biddeford Housing Authority on receiving a $685,000 Department of Labor grant to start a YouthBuild program in Biddeford

WASHINGTON, DC - September 4, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging a Gibsonton, FL, homeowners association and its Tampa-based former management company with violating...

Baltimore, MD - September 4, 2012 - (RealEstateRama) -- Attorney General Douglas F. Gansler's Consumer Protection Division announced today it has issued a Final Order against an unregistered home builder from Anne Arundel County who violated Maryland's...

WASHINGTON, D.C. - September 4, 2012 - (RealEstateRama) -- Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials said they expect the disparity between private and public construction to persist unless Washington acts to fix infrastructure funding challenges and pass long-delayed measures.

WASHINGTON, DC - September 4, 2012 - (RealEstateRama) -- To help ensure families protect their children from lead poisoning, the U.S. Department of Housing and Urban Development (HUD) today announced new Guidelines on how to identify and control lead-based paint and related hazards in housing, and to help property owners, government agencies, and private contractors sharply reduce childhood exposure to lead without unnecessarily increasing the cost of renovation. This second edition of the Guidelines replaces the 1995 edition.

LOS ANGELES, CA - September 3, 2012 - (RealEstateRama) -- With thousands of California homeowners facing foreclosure, U.S. Rep. Karen Bass held a community town hall and consumer rights workshop to provide residents with one-on-one foreclosure counseli...

WASHINGTON, D.C. - September 3, 2012 - (RealEstateRama) -- At its August 30, 2012 meeting, the Connecticut Housing Finance Authority’s Board of Directors adopted a resolution to publish for public comment drafted revisions to the Rental Housing – Multifamily Housing Program Procedures and the Rental Housing – Housing Management Procedures (see attached)

Washington, DC - September 3, 2012 - (RealEstateRama) -- Today, President Obama unveiled his Fiscal Year (FY) 2013 budget. Despite the difficult budget environment, the President proposed significant increases in funding to several homelessness programs, maintaining the Administration and Congress’ focus on bringing down the number of homeless people nationally. While these increases will be much needed, belt tightening for housing, employment and other programs will impede progress toward the goal of ending homelessness.

BATON ROUGE, LA - September 3, 2012 - (RealEstateRama) -- Housing inspectors from the Federal Emergency Management Agency (FEMA) are assisting eligible Hurricane Isaac survivors get connected with potential assistance by visiting neighborhoods and chec...

August 31, 2012 - (RealEstateRama) -- Councilman Dee Andrews, 6th District, The Long Beach Housing Development Company (LBHDC) and Jamboree Housing Corporation (Jamboree) celebrated the grand opening of Collage Apartments at 1893, 1905, 1907 and 1911 P...

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.