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Washington, D.C. - August 4, 2011 - (RealEstateRama) -- Today NeighborWorks America awarded $34.9 million in grants to 115 local NeighborWorks organizations to finance the rehabilitation of affordable housing nationwide, including smaller and rural communities with affordable housing needs, and create more than 1,000 jobs

EUGENE, OR - August 4, 2011 - (RealEstateRama) -- Today, Del Barber, Jr., 46, of Bend, Oregon, was sentenced by U.S. District Court Judge Michael R. Hogan to 15 months in prison for mortgage fraud and health care fraud and was ordered to pay over $200,...

Tampa, FL - August 3, 2011 - (RealEstateRama) -- To create jobs in the Tampa Bay region, we must reinvigorate our efforts to heal the housing market, Congresswoman Kathy Castor said today as she sent a letter to the White House. Following up on a recent discussion with President Obama, Castor’s letter contains suggestions to tackle the housing crisis in Florida and the nation. Castor outlined viable ways to spur the housing market, help distressed homeowners, improve property values and, as a result, help our community and our country’s economy toward more jobs and economic recovery.

August 3, 2011 - (RealEstateRama) -- Senate Majority Leader Martin Looney (D-New Haven / Hamden) joined state elected leaders, officials with Operation Fuel and the Connecticut Association for Community Action (CAFCA) at a news conference to urge Congress to protect the federal Low Income Home Energy Assistance Program (LIHEAP).

August 3, 2011 - (RealEstateRama) -- On August 1, 2011, a powerful partnership was launched between Lowe's Commercial Services, the NAHB Research Center, and G Street. The program is targeted specifically to those currently remodeling at least ten homes annually that are pre-1980, with a scope of work that often includes landscape and mechanical

NEWARK, NJ - August 3, 2011 - (RealEstateRama) -- Continuing the State’s on-going efforts to thwart fraudulent “mortgage loan modification” enterprises, Attorney General Paula T. Dow and the State Division of Consumer Affairs filed administrative actions against seven businesses for illegally offering mortgage modification services to homeowners in dire financial straits. State law requires that anyone providing these services in New Jersey be licensed as a Debt Adjuster by the Department of Banking and Insurance, or be otherwise authorized.

Arlington, VA - August 3, 2011 - (RealEstateRama) -- As the United States continues to deal with a still-struggling economy, it might be easy to assume that all of the housing industry is part of the same scenario. However, industry leaders such as Thayer Long, president and CEO of the Manufactured Housing Institute (MHI), believe manufactured housing is a key economic solution for present and future home buyers.

AUSTIN, TX - August 3, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that it will finance the development of 38 affordable rental properties throughout the state that will combine an affordable rent with the aesthetic qualities of high-end developments. These properties will expand housing options for the state’s growing population of retirees and younger working families while generating a significant impact on the economy.TDHCA will provide $39.5 million in financing through the 2011 Housing Tax Credit Program allocation cycle, helping create an estimated 3,457 units of affordable rental housing designed to serve Texans earning no more than 60 percent of the area median family income.

Edison, N.J. - August 3, 2011 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today released a report showing the economic costs and benefits associated with “green building” practices or techniques improving the energy efficiency of a home. The study, Costs and Benefits of Residential Energy Efficiency Improvements, was conducted for NJAR® GRF by the Rutgers Center for Green Building at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University

JERSEY CITY, N.J. - August 3, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today joined State Senator Sandra B. Cunningham, Mayor Jerramiah T. Healy, and other officials at the ribbon cutting for 13 affordable housing units in Jersey City that received $1 million in Neighborhood Stabilization Program funds through the DCA. The grant is paid for with federal funds intended to stabilize neighborhoods hard hit by home foreclosures.

August 3, 2011 - (RealEstateRama) -- Some Vermonters saw their homes and cars swamped by this spring’s heavy rains and floods, while others saw their jobs or businesses swept away. The Federal Emergency Management Agency is helping put the state??...

WASHINGTON, D.C. - August 3, 2011 - (RealEstateRama) -- Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 29, 2011

WASHINGTON, D.C. - August 3, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), along with 16 other national real estate and financial services organizations, submitted to federal regulators a joint comment letter in response to the commercial and multifamily real estate elements of the proposed rule on credit risk retention (Proposed Rule).

August 2, 2011 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that MICAH MEYERS was sentenced today in Manhattan federal court to 60 months in prison for his role in a sub-prime mortgage fraud scheme involving dozens of residential mortgages that totaled more than $10 million. MEYERS previously pled guilty to one count of conspiracy to commit bank and wire fraud on May 27, 2010. His sentence was imposed by United States District Judge DEBORAH A. BATTS

WASHINGTON, D.C. - August 2, 2011 - (RealEstateRama) -- Members of Media:On Monday, the Mortgage Bankers Association (MBA) filed a comment letter with six federal regulators in response to proposed credit risk retention regulations implementing section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

August 2, 2011 - (RealEstateRama) -- Construction employment increased in 149 out of 337 metropolitan areas between June 2010 and June 2011, declined in 141 and stayed level in 47, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that the local employment data posted slightly stronger gains largely because of growing private sector demand for construction.

Washington D.C. - August 2, 2011 - (RealEstateRama) -- NeighborWorks America, the nation’s largest trainer of community development professionals, added “Creative Project Financing for Affordable Housing” to its line-up of NeighborWorks Virtual Classroom courses, continuing recognition that reducing the costs of providing superior education and training in this tight economic climate is essential to strengthening nonprofit housing organizations’ ability to serve their communities.

WASHINGTON, DC - August 2, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged the owner and manager of Breckenridge Plaza Apartments in Phoenixville, PA, with violating the Fa...

Washington, DC - August 2, 2011 - (RealEstateRama) -- A proposed rule by federal regulators to impose a minimum 20 percent down payment, stringent debt-to-income ratio requirements and rigid credit standards will deny millions of Americans access to safe, low-cost mortgages, according to the National Association of Realtors