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Menendez, Representatives Call on GAO To Report on Foreclosure Reviews

WASHINGTON, DC - January 24, 2012 - (RealEstateRama) -- As Chairman of the Senate Subcommittee on Housing, Transportation and Community Development, Senator Robert Menendez (D-NJ) along with Representatives Maxine Waters (D-CA), Brad Miller (D-NC) and ...

Lautenberg, Menendez Announce $34 Million for Low Income Home Energy Assistance Program in New...

NEWARK, NJ - January 24, 2012 - (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 $34.2 million for the Low Income Home Energy Ass...

December & 2011 Year-End Market Report

MEMPHIS, TN - January 24, 2012 - (RealEstateRama) -- Memphis-area home sales for December fell 10 percent from a year ago, with 898 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales for a...

Learn How to Make Home Energy Efficiency Improvements; Receive up to $8,000 in Rebates...

January 24, 2012 - (RealEstateRama) -- The City of Long Beach and LA County invites all residents to attend the Energy Upgrade CA Kick-Off Event on Thursday, January 26, from 6-8 pm at the Expo Art Gallery, 4321 Atlantic Ave., in Long Beach.

Montgomery County Announces 12th Annual Housing Fair and Financial Fitness Day; Sponsors and Exhibitors...

January 24, 2012 - (RealEstateRama) -- The Montgomery County Department of Housing and Community Affairs (DHCA) invites housing providers, realtors, property managers, businesses, banks, credit unions, government agencies, community organizations and n...

Fourth Defendant in Mortgage Fraud Scheme Sentenced to Prison

January 24, 2012 - (RealEstateRama) -- The United States Attorney’s Office for the Middle District of Pennsylvania, announced that a fourth defendant connected to a mortgage fraud scheme was sentenced today by Senior U.S. District Court Judge Edwin M...

AG Settlement: Not Perfect, but Significant Reform of Mortgage Servicing

Washington, D.C. - January 24, 2012 - (RealEstateRama) -- Based on what we've heard, the settlement between major banks and states’ Attorneys General (AGs), the federal Department of Housing and Urban Development, and the Department of Justice would represent an important step forward in addressing foreclosure abuses. The settlement would include key reforms to clean up unfair mortgage servicing practices. It would also provide an important template for ways banks can use principal reduction to reduce unnecessary foreclosures and put the country back on a path to economic recovery.

Houston’s Landmark Downtown Post Office Site Chosen for 2012 Urban Land Institute Gerald D....

WASHINGTON, DC - January 24, 2012 - (RealEstateRama) -- Downtown Houston’s historic post office property has been selected as the site for the tenth annual Urban Land Institute (ULI) Gerald D. Hines Student Urban Design Competition. The ideas competition, open to graduate-level students, will provide multidisciplinary teams the opportunity to propose a long-term vision for creating a distinct identity for a new downtown Houston district.

HouseLogic Presents a Water-Saving Bathroom Makeover and Chance to Win $100

Washington, DC - January 24, 2012 - (RealEstateRama) -- HouseLogic.com, a comprehensive website about all aspects of homeownership from the National Association of Realtors®, has launched a new online sweepstakes. Readers who leave comments on a blog featured at the site will have a chance to win a $100 Visa gift card. The sweepstakes is part of a special do-it-yourself blog series, “Water-Wise Bathroom Redo.”

Leggett Announces Cross-Agency Effort to Streamline Building and Land Development Process

January 23, 2012 - (RealEstateRama) -- Montgomery County Executive Isiah Leggett today announced a major cross-agency effort to further streamline County government operations. This latest initiative will make meaningful changes to the development appl...

MPSC: Home Heating Credits Now Being Processed

January 23, 2012 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today noted that the Michigan Department of Treasury is now processing Michigan Home Heating Credits (HHC) for the 2011 tax year. The credit assists low-income custom...

CONSTRUCTION FIRMS TO MAKE SIGNIFICANTLY FEWER LAYOFFS IN 2012 AS PRIVATE SECTOR DEMAND IMPROVES,...

WASHINGTON, D.C. - January 23, 2012 - (RealEstateRama) -- Significantly fewer construction firms are planning to make layoffs in 2012 than at any point in the past few years according to survey results released today by the Associated General Contractors of America and Computer Guidance Corporation. The survey, conducted as part of the 2012 Construction Industry Hiring and Business Outlook, shows many firms expect key private sector market segments to expand this year even as the overall outlook remains mixed.

GAO Study Finds Appraisal Process Inadequately Monitored

WASHINGTON, D.C. - January 23, 2012 - (RealEstateRama) -- Zeroing in on yet another deficiency of a faulty appraisal process that is hurting home values, hampering a housing recovery and often killing sales of homes coming in below the contract sales price, the Government Accountability Office (GAO) earlier this month reported that the Appraisal Subcommittee, which oversees the appraiser regulatory programs established by the states, needs to improve its monitoring procedures.

Mayor Vincent C. Gray Hails Top National Ranking for District in LEED Green Buildings

WASHINGTON, D.C. - January 23, 2012 - (RealEstateRama) -- Mayor Vincent C. Gray today welcomed the latest data from the U.S. Green Building Council (USGBC) showing that the District leads the nation in in promoting green building and sustainability. USGBC ranked D.C. as No. 1 per capita in its list of top 10 states for Leadership in Energy and Environmental Design (LEED)-certified commercial and institutional green buildings during 2011.<

2013 NAHB International Builders’ Show Packs a Punch in Just Three Days

WASHINGTON, D.C. - January 23, 2012 - (RealEstateRama) -- Four days’ worth of exciting events and activities will be packed into three when the National Association of Home Builders (NAHB) International Builders’ Show lands in Las Vegas Jan. 22-24, 2013. This largest annual light construction tradeshow in the world is expected to attract 50,000 attendees and more than 800 industry suppliers.

HUD PROVIDES $400 MILLION TO HELP COMMUNITIES IN EIGHT STATES TO RECOVER FROM 2011...

WASHINGTON, DC - January 20, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today allocated $400 million in emergency aid to help communities in eight states to recover from presidentially declared natural disasters in 2011. Provided through HUD’s Community Development Block Grant (CDBG) Program, these grants will support long-term disaster recovery efforts in areas with the greatest extent of ‘unmet need.’

FHA ANNOUNCES ADDITIONAL STEPS TO LIMIT RISK AND STRENGTHEN FINANCES

WASHINGTON, DC - January 20, 2012 - (RealEstateRama) -- Today, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante announced the latest in a series of steps to protect and strengthen the FHA’s Mutual Mortgage Insurance Fund, while enabling the agency to continue to fulfill its mission to provide access to homeownership for qualified borrowers.

December Existing-Home Sales Show Uptrend

Washington, DC - January 20, 2012 - (RealEstateRama) -- Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®.

Updated NAHB Publication Helps Builders Develop Powerful, Well-Organized Schedules

WASHINGTON, D.C. - January 20, 2012 - (RealEstateRama) -- A detailed, well-planned schedule is a builder’s best tool. Without one, a building project can end up in disarray and over budget. In Scheduling for Home Builders with Microsoft® Project, Third Edition, the latest release from BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB), builders will benefit from expert advice on how to master this powerful scheduling program.

Georgia Department of Banking and Finance Enforces Mortgage Loan Originator Licensing Requirement; Order to...

Atlanta, GA - January 19, 2012 - (RealEstateRama) -- an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Anthony Ruffolo aka Ronnie Tony Ruffolo of Roswell, Georgia became final

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Joyce Beatty

Rep. Beatty Announces Federal Funding to Advance Affordable Housing

This week, Congresswoman Joyce Beatty (OH-03) joined the Federal Home Loan Bank of Cincinnati (FHLB) and Homeport in celebrating the launch of the Rise Up program. The Rise Up