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WASHINGTON, DC - June 14, 2011 - (RealEstateRama) -- U.S. Senators Jeff Merkley (D-OR), Olympia Snowe (R-ME), Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) offered the Regulation of Mortgage Servicing Act of 2011 as an amendment to the Public Works...

PORTLAND, OR - June 14, 2011 - (RealEstateRama) -- Jennifer Venable, 29, of Beaverton, Oregon, was sentenced by the Honorable Robert E. Jones of the United States District Court on June 8, 2011, to 5 years’ probation and ordered to pay $15,000 in res...

New York, NY - June 14, 2011 - (RealEstateRama) -- Mayor Michael R. Bloomberg, New York City Housing Authority Chairman John Rhea, Schools Chancellor Dennis M. Walcott and Department of Housing Preservation and Development Commissioner Matthew M. Wambua, New York Yankee Mark Teixeira and Harlem RBI Executive Director Rich Berlin today announced a partnership to develop a landmark, mixed-use facility in East Harlem that will include approximately 90 new affordable housing units, the DREAM Charter School and Harlem RBI’s program and office space. Scheduled to open for the 2014-2015 school year, the new school space will accommodate up to 450 students between kindergarten and eighth grade. The announcement took place on Harlem RBI’s Field of Dreams in East Harlem, where the Mayor was also joined by Council Member Melissa Mark-Viverito, parents and students from DREAM Charter School and Harlem RBI program participants and alumni.

BOSTON, MA - June 14, 2011 - (RealEstateRama) -- Following up on concerns from tenant-rights groups in Western and Central Massachusetts, the Patrick-Murray Administration’s Office of Consumer Affairs and Business Regulation is urging tenants of tornado-damaged homes to make careful decisions when deciding whether or not to break their lease.

LOS ANGELES, CA - June 14, 2011 - (RealEstateRama) -- Mayor Antonio Villaraigosa announced the appointment of four new commissioners to the Housing Authority of the City of Los Angeles (HACLA) Board of Commissioners: Isabel Ayala, Kimberly Freeman, Dennis Hernandez, and Mitchell Kamin.

WASHINGTON, DC - June 14, 2011 - (RealEstateRama) -- As part of the Obama Administration's efforts to improve commercial building efficiency 20 percent by 2020, U.S. Energy Secretary Steven Chu today announced a partnership with The Appraisal Foundation that will help expand access to energy efficiency and building performance information for commercial buildings and help American businesses to reduce energy waste. Under the new partnership, the Department of Energy and The Appraisal Foundation will work to ensure that appraisers nationwide have the information, practical guidelines, and professional resources they need to evaluate energy performance when conducting commercial building appraisals. This will help enable investors, building owners and operators, and others to accurately assess the value of energy efficiency as part of the building's overall appraisal.

Washington, DC - June 14, 2011 - (RealEstateRama) -- Senator Dianne Feinstein (D-Calif.) and Representative Henry A. Waxman (D-Los Angeles) today sent a letter to Secretary of the Department of Veterans Affairs, Eric Shinseki, and the Director of the Office of Management and Budget, Jack Lew, asking them to promptly finalize a request to Congress for construction projects, including $20 million for homeless veterans projects on the West Los Angeles campus.

COLUMBIA, MO - June 14, 2011 - (RealEstateRama) -- Many disaster survivors may be faced with questions about mortgage payoffs. Some applicants may receive insurance proceeds and their bank or mortgage holder may require the total mortgage be paid in full. This is known as a forced payoff, possibly leaving the applicant with an unmet need or unable to repair their home

WASHINGTON, D.C. - June 14, 2011 - (RealEstateRama) -- Contractors suffered from a new round of price increases for key materials in May but were largely unable to pass their costs along to customers, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials said the ongoing cost squeeze—a result of sluggish demand for construction—threatens to drive more construction employees and firms out of work unless public officials lower barriers to public and private investment

Washington, DC - June 14, 2011 - (RealEstateRama) -- Congresswoman Rosa L. DeLauro (CT-3) and West Haven Mayor John Picard announced a Housing and Urban Development Community Development Block Grant of $689,865 to the City of West Haven today.

Royal Oak, MI - June 14, 2011 - (RealEstateRama) -- For more than a generation, millions of American families have been able to purchase their own homes thanks to the availability of the thirty-year, fixed rate mortgage. But in the aftermath of the housing collapse and the financial crisis, the thirty-year mortgage is in danger of disappearing altogether as banks and government regulators consider making major reforms to the housing market.

LANSING, MI - June 14, 2011 - (RealEstateRama) -- Michigan Attorney General Bill Schuette today encouraged Southeast Michigan homeowners struggling with foreclosure to attend a June 15th homeowner counseling and lending meeting organized by the United Way for Southeastern Michigan and the Foreclosure Intervention and Neighborhood Stabilization Collaborative (FINSC). The event will provide free counseling services and facilitate lender meetings for homeowners from Wayne, Oakland, Macomb and Washtenaw counties who may be struggling with foreclosure

WASHINGTON, D.C. - June 14, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the nomination of E. J. Burke, Executive Vice President and Group Head of KeyBank Real Estate Capital and Corporate Banking Services, to be its Vice Chair-Elect. Mr. Burke will be elected by MBA members at the Association's 98th Annual Convention, which will be held in October in Chicago, Illinois. He currently serves as Chair of MBA’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the MBA Board of Directors. An active member of MBA, Mr. Burke has served in a number of leadership positions, including as Chair of MBA's Investors Council.

WASHINGTON, DC - June 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan and U.S. Department of Veterans Affairs Secretary Eric K. Shinseki announced today that HUD will provide $5.4 million to public housing authorities in 18 states to supply permanent housing and case management for 676 homeless Veterans in America. This is the fourth and final round of the FY 2010 Veterans Affairs Supportive Housing Program (HUD-VASH) funding to support homeless Veterans

Washington, D.C. - June 13, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today released its third Report to Congress, detailing the findings of the agency’s 2010 annual examinations of Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Office of Finance.

BOISE, ID - June 13, 2011 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) received two new grants from the U.S. Housing and Urban Development to support homeless projects in eight different counties. The two grants, valued at $223,564, will invest funding in local projects that will provide critically needed housing and support services to homeless individuals and families.

June 13, 2011 - (RealEstateRama) -- Former business partners Melvin Hullett and Antonio Lewis pled guilty yesterday in DeKalb County Superior Court to Racketeering, O.C.G.A. § 16-14-4(c), before Judge Courtney L. Johnson for their role in fraudulently profiting from the sale of a Clayton County home

MONTREAL, FL - June 13, 2011 - (RealEstateRama) -- Representing Florida’s Realtors and the interests of the state’s real estate industry, Florida Realtors® President Patricia Fitzgerald is in Canada this week working alongside Gov. Rick Scott and other key business leaders to encourage Canadian companies to do business in Florida.

WASHINGTON, DC - June 13, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan and U.S. Department of Veterans Affairs Secretary Eric K. Shinseki announced today that HUD will provide $5.4 million to public housing authorities in 18 states to supply permanent housing and case management for 676 homeless Veterans in America. This is the fourth and final round of the FY 2010 Veterans Affairs Supportive Housing Program (HUD-VASH)funding to support homeless Veterans.

Washington, D.C. - June 13, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that more than 100 NeighborWorks HomeOwnership Centers have opened their doors in more than100 communities across the nation. NeighborWorks HomeOwnership Centers help low- and moderate-income families achieve homeownership the NeighborWorks way: