Archives
House Financial Services Committee Approves Green Amendment Targeting Runaway Executive Pay at Fannie Mae...
Washington (DC) - November 16, 2011 - (RealEstateRama) -- Yesterday, the House Financial Services Committee approved an amendment sponsored by Congressman Al Green (TX-09) that would target executive compensation abuses at Fannie Mae and Freddie Mac ...
Sherman Applauds Higher FHA Loan Limits
Washington DC - November 16, 2011 - (RealEstateRama) -- This week Congress is expected to pass legislation championed by Congressman Brad Sherman (D-CA) to extend higher housing loan limits as part of a bill that will fund several agencies through 20...
C.A.R. October sales and price report
LOS ANGELES, CA - November 16, 2011 - (RealEstateRama) -- California home sales posted a marginal increase in October and also were above year-ago levels, according to figures released today from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).
HUDGENS OFFERS HOME HEATING SAFETY TIPS
Atlanta, GA - November 16, 2011 - (RealEstateRama) -- With nighttime lows beginning to drop below freezing, Insurance and Safety Fire Commissioner Ralph T. Hudgens wants to remind Georgians of some heating tips to help keep their homes safe this winter...
Ada County REALTORS® to be Recognized at IHFA Luncheon Tomorrow
BOISE, ID - November 16, 2011 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) will honor 75 Ada County REALTORS® during a REALTOR® Appreciation Luncheon noon to 1:30 p.m. tomorrow, Wednesday, Nov. 16, at the Barber Park Event Cente...
Rep. Gary Peters announces funding to help low income seniors in Pontiac
Washington, D.C. - November 16, 2011 - (RealEstateRama) -- Today Rep. Gary Peters announced a loan of over $10 million from Section 202 development funds to provide affordable housing for low income seniors in Pontiac. This loan will be made to CSI Sup...
Huntsville Celebrates Launch of Home Energy Upgrade Program with Energy Department Support
WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- The U.S. Department of Energy (DOE) yesterday recognized the launch of the Huntsville WISE Gold Program, one of DOE's Better Buildings Neighborhood projects, at a Home Energy "Block Party" in H...
Lee & Associates Closes on $7.3 Million Retail Sale
Torrance, CA - November 16, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker owned commercial brokerage firm, has closed on the $7.3 million sale of a 14,820-square-foot retail property leased by Walgreens, located at 899...
Garrett: FHA Report Proves Conforming Loan Level Increase is Reckless
November 16, 2011 - (RealEstateRama) -- Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued the following statement today after an independent audit of the Federal H...
Lawmakers Agree With McIntyre Call to Support Homeowners and Help Spur Economy
Washington, D.C. - November 16, 2011 - (RealEstateRama) -- U.S. Congressman Mike McIntyre announced today that he has helped restore recently reduced home loan limits for the Federal Housing Administration.
Last Remaining Defendants in “Hope Now” Scheme Settle FTC Charges; Order Puts Them Out...
WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- The Federal Trade Commission has obtained a settlement against the remaining defendants in an allegedly fraudulent mortgage modification scheme that will permanently ban them from the mortgage assistance business and force them to return ill-gotten gains to consumers.
NYCHA Joins with Construction & General Building Laborers’ Local 79, MTDC to Celebrate the...
New York, NY - November 16, 2011 - (RealEstateRama) -- The New York City Housing Authority joined with Laborers’ Local 79 of the Mason Tenders District Council (MTDC) of Greater New York to celebrate the addition of more than 200 NYCHA residents into...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Mortgage applications decreased 10.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2011. This week’s results include an adjustment to account for the Veterans Day holiday.
Builder Confidence Rises Three Points in November
WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose by three points to 20 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for November, released today. The gain builds on a revised three-point increase in October, and brings the confidence gauge to its highest level since May of 2010.
Final Defendant Sentenced in Mortgage Fraud Case
ALBANY, NY - November 16, 2011 - (RealEstateRama) -- Richard S. Hartunian, United States Attorney for the Northern District of New York; Rene Febles, Special Agent in Charge of the Office of Inspector General, U.S. Department of Housing and Urban Devel...
Statement from NAHB Chairman Bob Nielsen on the Need to Reinstate Loan Limits
WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding the need for Congress to pass legislation to reinstate the higher loan limits for the Federal Housing Administration that expired on Sept. 30
Vitter: Congress Needs to Reform Mortgage Entities, End Taxpayer Bailouts
Washington, D.C. - November 15, 2011 - (RealEstateRama) -- U.S. Sen. David Vitter today made the following statement after a hearing of the Senate Committee on Banking, Housing and Urban Affairs, of which he is a member, regarding oversight of the Fede...
Shelby: If Congress Had Acted, Housing Market Would Look Different
November 15, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on oversight of the Federal Housing Finance...
Wounded Warrior to Receive New Home from Former NFL Players, Home Builders
WASHINGTON, D.C. - November 15, 2011 - (RealEstateRama) -- A military veteran from the Chicago metropolitan area will get the keys to a new home next year thanks to members of the Chicago NFL Players' Association (NFLPA) Former Players' Chapter, Chicago area home builders associations, the Newport Cove community in Lake County and an anonymous donor. The groups have joined together to construct a new home for a military veteran wounded in Afghanistan or Iraq.
365 Connect Launches Comprehensive Affordable Housing Online Resident Services Program
NEW ORLEANS, LA - November 15, 2011 - (RealEstateRama) -- 365 Connect, the New Orleans based, award-winning online technology platform provider for the multifamily housing industry, announced today the launch of its Comprehensive Online Resident Servic...
