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REALTORS® to Host Housing Summit

Washington DC - September 1, 2011 - (RealEstateRama) -- As the leading advocate for homeownership, the National Association of Realtors® will host a summit of policy makers, industry leaders and government stake holders to develop strategies to help stabilize and revitalize the nation’s housing market and economy.

Department of Finance Warns of Mortgage Modification Scam Targeting Spanish Speaking Idahoans

Boise, ID - August 31, 2011 - (RealEstateRama) -- Gavin Gee, director of the Idaho Department of Finance, today warned that a company calling itself Freedom Companies Marketing, Inc., Freedom Companies, Inc., Freedom Companies Lending, and Freedom Fina...

Florida Realtors® Recognizes 2011 Realtor® of Year

ORLANDO, FL - August 31, 2011 - (RealEstateRama) -- Florida Realtors® recognized Wendell Davis, CRB, GRI and the 2010 president of the state Realtor association, as its 2011 Realtor of the Year. CRB and GRI are special designations awarded to Realtors who complete additional training; they stand for Certified Real Estate Brokerage Manager and Graduate, Realtor Institute.The Realtor of the Year award was presented at the state association’s 95th annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla.

Coral Springs Realtor® Wins Commercial Realtor Achievement Award

ORLANDO, FL - August 31, 2011 - (RealEstateRama) -- Florida Realtors® has honored Claudette Bruck, broker-owner of Multiple Choice Realty Investments Inc. and a 35-year member of the Realtor Association of Greater Fort Lauderdale (RAGFL), with its 2011 Commercial Realtor Achievement Award. The award was presented at the state association’s recent 95th annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla.The Commercial Realtor Achievement Award honors a Realtor’s lifetime of contributions to commercial activities at the local, state, national and community levels

Williams: Homeowners Should Use Caution when Hiring Contractors in Wake of Hurricane Irene

August 31, 2011 - (RealEstateRama) -- Senate President Donald E. Williams, Jr. (D-Brooklyn) is urging homeowners who are grappling with property damage due to Hurricane Irene to use caution when hiring home contractors or arborists.

C.A.R. urges Gov. Brown to sign bill increasing accountability of licensees managing real estate...

LOS ANGELES, CA - August 31, 2011 - (RealEstateRama) -- Under current law, the Department of Real Estate (DRE) cannot hold an office manager responsible for failing to supervise licensees within the office. Current law only allows the DRE to hold the principal broker responsible even in situations where that broker has delegated supervisorial responsibilities to an office manager.

MBA Study Shows Second Quarter 2011 Improvements in Production Profits Among Independents and Subsidiaries,...

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $575 on each loan they originated in the second quarter of 2011, up from $346 per loan in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Second Quarter 2011 Mortgage Bankers Performance Report released today.

HUD CHARGES IOWA LANDLORDS WITH DISCRIMINATING AGAINST CHILD WITH CEREBRAL PALSY AND HER MOTHER

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging John and Nancy Meany, owners of an apartment building in Traer, Iowa, with violating the Fair Housin...

HUD MAKES $1.63 BILLION IN GRANTS AVAILABLE FOR HOMELESS PROGRAMS

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- Today, U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced that HUD will award $1.63 billion for Fiscal Year 2011 to support nearly 7,000 existing homeless assistance programs currently operating and create additional new homeless assistance programs with the Continuum of Care (CoC) Homeless Assistance Program Notice of Funding Availability (NOFA).

HUD CHARGES IOWA LANDLORDS WITH DISCRIMINATING AGAINST CHILD WITH CEREBRAL PALSY AND HER MOTHER

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging John and Nancy Meany, owners of an apartment building in Traer, Iowa, with violating the Fair Housin...

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR IOWA STORM VICTIMS

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Iowa and provide support to homeowners and low-income renter...

HUD AWARDS FIRST-EVER CHOICE NEIGHBORHOOD IMPLEMENTATION GRANTS

WASHINGTON, DC - August 31, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced five cities will receive a combined $122 million to redevelop distressed housing and bring comprehensive neighborhood revitalization to blighted areas.

OHFA Board Announces New Member, Approves $15.5 Million in Multifamily Bonds for the Rehabilitation...

COLUMBUS, OH - August 31, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today authorized the issuance of up to $15.5 million in Multifamily Bonds. Multifamily Housing Bonds are tax-exempt revenue bonds designed to lower the...

Attorney General DeWine Announces Foreclosure Rescue Actions

CINCINNATI, OH - August 31, 2011 - (RealEstateRama) -- American Equity Group A federal grand jury has indicted four people who ran a Cincinnati real estate business known as American Equity Group (AEG) with fraudulently obtaining more than $13 millio...

CONGRESSMAN RUBÉN HINOJOSA TO ATTEND GRAND OPENING OF THE CITY OF MERCEDES HOUSING AUTHORITY

August 31, 2011 - (RealEstateRama) -- Congressman Rubén Hinojosa will be on hand at the grand opening of the new Mercedes Housing Authority building on Thursday, August 18, 2011 at 9:30 a.m. at 306 West 5th Street in Mercedes.

State Regulators Release Mortgage Licensing Data Collected by NMLS; Reveals Mortgage Industry Remains Small...

Washington, D.C. - August 31, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) has released its first and second quarter data for state-licensed mortgage companies, branches, and individuals in the Nationwide Mortgage Licensing System & Registry (NMLS)—a mortgage licensing system owned and operated by state regulators.

2011 MetLife Foundation Excellence in Affordable Housing Award Winners Announced

COLUMBIA, MD - August 31, 2011 - (RealEstateRama) -- Enterprise Community Partners, Inc. (Enterprise) and MetLife Foundation today announced the winners of the 2011 MetLife Foundation Awards for Excellence in Affordable Housing, which laud best practices in green, service-enriched housing for low-income seniors. The four winners will each receive $50,000 in unrestricted grant funds to expand their exemplary work in affordable senior housing and will be recognized at various events around the country culminating with a final event at the LeadingAge conference in Washington, D.C. this fall.

Alabama Court Affirms Enforceability of MERS Mortgage

Reston, VA - August 31, 2011 - (RealEstateRama) -- In Freddie Mac v. Brooks, the U.S. District Court for Alabama’s Eastern Division dismissed with prejudice the borrowers’ counterclaim against Mortgage Electronic Registration Systems, Inc. (MERS...

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - August 31, 2011 - (RealEstateRama) -- Mortgage applications decreased 9.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 26, 2011.

Office of Consumer Protection Advises Homeowners To Use Only Licensed Contractors for Home Repairs

August 30, 2011 - (RealEstateRama) -- The Montgomery County Office of Consumer Protection (OCP) warns county residents to be cautious when hiring contractors to repair damage caused by last week’s earthquake and the recent hurricane and advises co...

Recent NAR Press Releases

NAR

Existing-Home Sales Descended 4.3% in March

Existing-home sales slipped in March, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Midwest, South and West, but rose in the Northeast for the first time since November 2023. Year-over-year

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