Archives

Washington, D.C. - September 7, 2011 - (RealEstateRama) -- Last week, the Department of Housing and Urban Development (HUD) awarded a total of $122 million to five communities for the redevelopment of distressed public and assisted housing.

Pittsburgh and New Orleans Among Those Included - September 7, 2011 - (RealEstateRama) -- Today the National Association of Home Builders (NAHB) released its first NAHB/First American Improving Markets Index (IMI), a new economic index revealing metropolitan areas that have shown improvement for at least six months in three key economic areas—housing permits, employment and housing prices

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing to discuss national mortgage servicing standards. It was the eighth in a series of hearings the Committee has been holding related to housing finance reform.

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Merline and Clifton Hylton, the owner and manager of a rental home in Windsor Locks, Connecticut with violating the Fair Housing Act for denying a request by biracial tenants to sublease their home to an African American family. The current tenants allege that Mr. Hylton told them he was rejecting the prospective sub-tenants because he “did not want too many blacks at the property.”

MONTPELIER, VT - September 6, 2011 - (RealEstateRama) -- "As Vermonters start to rebuild their homes and businesses, we want to help provide the technical and financial assistance necessary to ensure that reconstruction yields healthier, safer, more en...

September 6, 2011 - (RealEstateRama) -- Burt Reynolds was once one of Hollywood’s highest paid and well-known actors. But now, at the age of seventy five, the “Deliverance” star faces losing his Florida home as his debts continue to grow.

WASHINGTON, DC - September 6, 2011 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development awarded more than $52 million in grants to tribal communities in 21 states to improve or create housing and economic development opportunities for low- to moderate-income families. The competitive grants are provided through HUD’s Indian Community Development Block Grant (ICDBG) Program to support a wide variety of community development and affordable housing activities

Minot, ND - September 6, 2011 - (RealEstateRama) -- Senators Kent Conrad and John Hoeven led a group of community officials and representatives from the U.S. Army Corps of Engineers and Federal Emergency Management Agency (FEMA) today to examine the...

WASHINGTON, DC - September 7, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Hampshire and provide support to homeowners and low-in...

September 5, 2011 - (RealEstateRama) Somebody said it couldn't be done, But he with a chuckle replied That "maybe it couldn't," but he would be one Who wouldn't say so till he'd tried. So he buckled right in with the trace of a grin On his face. ...

Washington, DC - September 5, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the Enterprises), today filed lawsuits against 17 financial institutions, certain of their officers and various unaffiliated lead underwriters. The suits allege violations of federal securities laws and common law in the sale of residential private-label mortgage-backed securities (PLS) to the Enterprises.

WASHINGTON, DC - September 5, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that $25 million is available through HUD’s new Multifamily Energy Efficiency Pilot program. Once awarded, these grants will help develop new innovative approaches for multifamily residential properties to reduce their energy consumption, lower greenhouse gas emissions, while saving money for the residents, property owners and taxpayers. Read the full text of the funding notice published today.

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- In an effort to help families keep their homes and avoid mortgage scams, HUD today announced more than $10 million in housing counseling grants. This is unspent funding from the 2010 appropriation that was re-competed and awarded to HUD-approved counseling agencies.

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Vermont and provide support to homeowners and low-income r...

WASHINGTON, DC - September 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes following Hurricane Irene.

NEW ORLEANS, LA - September 2, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Assistant Secretary Sandra B. Henriquez joined Mayor Mitchell J. Landrieu today to announce that the Housing Authority of New Orleans (HANO) and the city of New Orleans will receive $30.5 million to redevelop the distressed housing at the Iberville Housing Development and revitalize the Treme neighborhood.

Washington, DC - September 1, 2011 - (RealEstateRama) -- Fannie Mae and Freddie Mac (the Enterprises) have completed nearly 1.8 million foreclosure prevention actions since the beginning of conservatorship in the fourth quarter of 2008. More than half of these actions resulted in loan modifications.

WASHINGTON, D.C. - September 1, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today officially opened online registration for the 2012 NAHB International Builders’ Show (IBS), the largest annual light construction tradeshow in the world. Considered the premiere building industry event, the 2012 show, to be held in Orlando, Fla., Feb. 8-11, features impressive deals for both members and non-members who register before the end of September on things such as registration fees and education sessions.

WASHINGTON, D.C. - September 1, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced today the launch of its NAHB Improving Markets Index (IMI), a new monthly economic index showing which housing markets are improving in three key economic indicators.

WASHINGTON, DC - September 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration's Housing Scorecard. Included in this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Making Home Affordable Program with results from the second quarter of 2011. In addition to providing greater transparency about servicer performance in the program, the servicer assessments – first introduced in June and published quarterly – are intended to set a new industry benchmark for disclosure around servicer efforts to assist struggling homeowners, while prompting them to correct identified deficiencies.