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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.

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.

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...

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.

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.

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...

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

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...

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...

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.

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...

WASHINGTON, DC - November 15, 2011 - (RealEstateRama) -- The Department of Housing and Urban Development (HUD) today released its annual report to Congress on the financial status of the Federal Housing Administration (FHA) Mutual Mortgage Insurance (MMI) Fund. This insurance Fund is the backbone of the FHA single-family and reverse mortgage programs. In reporting on findings of the annual independent actuarial study, HUD indicates that, in the midst of continued weakness in housing markets across the county, the MMI Fund capital ratio remains positive this year at 0.24 percent. With new risk controls and premiums put in place by the Obama Administration, the independent actuaries predict the Fund will return to the Congressionally-mandated threshold of two percent capital more quickly than was projected by last year’s review. The economic value of new insurance endorsements in FY 2011 for the Fund was nearly double that of FY 2010 endorsements, being close to $11 billion.

Washington, DC - November 15, 2011 - (RealEstateRama) -- NeighborWorks America, a congressionally chartered nonprofit and one of the nation’s largest community development corporations, announced today that Sarah McGraw Greenberg has been appointed as director of the Development Division.

SANTA MONICA, CA - November 15, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise) today announced it has closed an $8.3 million Low Income Housing Tax Credit (Housing Credit) syndication deal to help Community Corporation of Santa Monica (CCSM) build High Place West Apartments, which will offer 47 units of affordable housing. High Place West will enable families earning 35 percent to 60 percent of area median income to live in the 32 two-bedroom and 15 three-bedroom apartments in a three-story building.

November 15, 2011 - (RealEstateRama) -- The U.S. Department of Energy recently recognized the launch of Santa Barbara County's energy efficiency financing program, one of the Department's Better Buildings Neighborhood projects. Called "emPowerSBC," this new program will allow homeowners in Santa Barbara, California to increase the comfort and affordability of their homes through energy-saving home upgrades such as improved insulation, windows and doors, and energy-efficient heating and cooling systems. This is one of 41 Better Buildings Neighborhood projects nationwide that are bringing the public and private sectors together to provide American homes and businesses with high quality and accessible energy improvements that save money and create new jobs.

Anaheim, CA - November 15, 2011 - (RealEstateRama) -- Maurice “Moe” Veissi, a Realtor® from Miami, was installed today as 2012 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2011 Realtors® Conference & Expo.

Jackson, MS - November 14, 2011 - (RealEstateRama) -- A three day trial of a Hurricane Katrina contractor has ended with the defendant entering a guilty plea, announced Attorney General Jim Hood today.

Anaheim, IL - November 14, 2011 - (RealEstateRama) -- PeggyAnn McConnochie, a Realtor® from Juneau, Alaska, has received the National Association of Realtors® 2011 Distinguished Service Award. Out of 1.1 million Realtors®, no more than two are recognized with this award each year. The recipients were announced in Anaheim, Calif. during NAR’s annual REALTORS® Conference & Expo.

SACRAMENTO, CA - November 14, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that Glenn Watkins, 31; Kevin Watkins, 26; and Frederick Davis, 41, all of Elk Grove, pleaded guilty today to mail fraud for a mortgage fraud s...

Anaheim, CA - November 14, 2011 - (RealEstateRama) -- Adorna Carroll, a Realtor® from Berlin, Conn., has received the National Association of Realtors® 2011 Distinguished Service Award. Out of 1.1 million Realtors®, no more than two are recognized with this award each year. The recipients were announced in Anaheim, Calif., during NAR’s annual Realtors® Conference & Expo.