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WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as new home sales rose compared to August, but were still slightly down from the prior year. Mortgage defaults and foreclosure sales continued a downward trend as more homeowners were able to secure mortgage relief. However, foreclosure completions ticked slightly upward in September after months of decline.

November 3, 2011 - (RealEstateRama) -- At a hearing today, National Low Income Housing Coalition board member and legal services attorney Charles Elsesser will testify before a House panel in support of an Administration proposal on public housing conversion

COLUMBUS, OH - November 3, 2011 - (RealEstateRama) -- More than 1,400 affordable housing professionals across Ohio and the nation are expected to gather at the Greater Columbus Convention Center November 29-December 1 for the 2011 Ohio Housing Conferen...

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it has reached an agreement with Luxury Mortgage Corporation (LMC), a mortgage lender based in Stamford, Connecticut, settling accusations that the lender discriminated against a woman by denying her mortgage loan because she was on maternity leave. Under the settlement, LMC agrees to pay the woman who was denied the mortgage $12,000.

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as new home sales rose compared to August, but were still slightly down from the prior year. Mortgage defaults and foreclosure sales continued a downward trend as more homeowners were able to secure mortgage relief. However, foreclosure completions ticked slightly upward in September after months of decline.

CLIFTON, N.J. - November 3, 2011 - (RealEstateRama) -- Value Companies, Inc., a leading developer, owner and manager of apartment communities entering its milestone 60th year anniversary, was crowned with the prestigious “Management Company of the Year Award” during the 2011 New Jersey Apartment Association’s (NJAA) 18th Annual Garden State Awards held at the Hyatt Regency in New Brunswick.

NEWARK, N.J. - November 3, 2011 - (RealEstateRama) -- TreeTop Development, a multi-faceted developer, owner and manager of residential and commercial properties in New York and New Jersey, has made its initial foray into the Pennsylvania marketplace with the acquisition of a 70-unit project-based Housing Assistance Payment (HAP) contract apartment complex in Chester, PA.

OLYMPIA, WA - November 2, 2011 - (RealEstateRama) -- The Washington State Department of Commerce awarded more than $48 million from the state’s Housing Trust Fund for 47 affordable housing projects across the state. Approximately 1,647 housing units will be built or rehabilitated. The projects will directly support an estimated 1,800- 2,000 jobs, with about 500 local jobs supported annually once the projects are completed.

Washington, DC - November 2, 2011 - (RealEstateRama) -- Senator Kent Conrad secured a commitment from Federal Emergency Management Agency officials today to build additions onto the entry ways of the temporary housing units in an effort to keep houses ...

NEW YORK, NY - November 2, 2011 - (RealEstateRama) -- Parkview Developers and Halstead Property Development Marketing today announced that, with just five units still available, the final sales push has begun at The 505, a luxury condominium and garden...

New York , NY - November 2, 2011 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano was joined today by Legislator Howard J. Kopel, the Long Island Housing Partnership and homeowners to break ground on four new affordable workforce homes o...

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the U.S. Department of Health and Human Services (HHS) has released $72.1 million for the Low Income Home Energy...

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- U.S. Senator Frank R. Lautenberg (D-NJ) today appeared at a press conference with Transportation Secretary Ray LaHood to urge passage of the “Rebuild America Jobs Act,” a proposal that would...

NEW YORK, NY - November 2, 2011 - (RealEstateRama) -- ADG Langsam and Halstead Property Development Marketing today announced that 75% of the units are sold or under contract at ONE48, a new residential development located at 148 East 24th Street in th...

Des Moines, IA - November 2, 2011 - (RealEstateRama) -- The Iowa Finance Authority Board of Directors today certified the NIACOG Housing Trust Fund through the State Housing Trust Fund’s Local Housing Trust Fund program. The designation means the gr...

November 2, 2011 - (RealEstateRama) -- Legislation providing tougher penalties to those who knowingly engage in mortgage fraud has been passed through the legislature and recently signed into law by Governor Snyder. These new Public Acts seek to addres...

WASHINGTON, D.C. - November 2, 2011 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu today congratulated the National Renewable Energy Lab (NREL) on winning the 2011 GreenGov Presidential Award for Green Innovation. NREL’s Green Data Center was recognized for its innovative design that minimizes its energy footprint and reduces costs, without compromising service quality.

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- The Justice Department has filed a lawsuit against the owners of Yorkshire Apartments, Thackeray Ledges and Wales Ridge Apartments in Massillon, Ohio, for discriminating on the basis of race and f...

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- The National Housing Conference, known as the united voice for housing, voiced strong support for the HOME Investment Partnerships program, which is under scrutiny by the House Subcommittee on Insurance, Housing and Community Opportunity and the House Subcommittee on Oversight and Investigations. NHC Vice President for Policy and Advocacy Ethan Handelman said the federal block grant program provides critical funding for state and local governments to create affordable housing for low-income families.

WASHINGTON, DC - November 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development’s Mortgagee Review Board (MRB) today immediately suspended Allied Home Mortgage Corporation, thereby preventing the company from originating and underwriting new mortgages insured by the Federal Housing Administration (FHA). HUD is also suspending the company’s president and chief executive officer, James C. Hodge, and proposing to debar him as well as the company’s executive vice president, Jeanne L. Stell.