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he Law Foundation, Lawyers’ Committee, and Orrick File Suit Against Mortgage Scam Scheme

SAN JOSE, CA - June 9, 2011 - (RealEstateRama) -- The Law Foundation of Silicon Valley (the Law Foundation), the Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee), and pro bono counsel Orrick, Herrington & Sutcliffe LLP (Orrick) filed a class action lawsuit on behalf of California homeowners who have been victimized by a network of scam artists preying on vulnerable homeowners. As a result of this alleged loan modification scam, the victims have lost hundreds of thousands of dollars.

New Poll: Voters Voice Strong Opinions About Policies that Impact the Housing Market

WASHINGTON, D.C. - June 9, 2011 - (RealEstateRama) -- On Tuesday, June 14 at 1:30 p.m., the National Association of Home Builders (NAHB) will host a media teleconference to reveal the results of a national poll looking at voter attitudes toward homeownership and key housing policy issues.

Index Shows Continuing Improvement in Multifamily Housing Market

WASHINGTON, D.C. - June 9, 2011 - (RealEstateRama) -- The National Association of Home Builders’ quarterly Multifamily Production Index (MPI) recorded its third consecutive quarterly increase in the first three months of 2011 indicating continuing improvement in the multifamily housing market.The MPI, which tracks multifamily housing industry sentiment about the strength of the market on a scale of 0 to 100, increased from 40.8 in the fourth quarter of 2010 to 41.7 in the first quarter of 2011.

Congress Urged to Focus on Energy Efficiency Incentives for Existing Housing Stock

WASHINGTON, D.C. - June 10, 2011 - (RealEstateRama) -- As the Senate Energy and Natural Resources Committee hears testimony on a suite of energy efficiency bills, including legislation to make residential housing more energy-efficient, the National Association of Home Builders (NAHB) today urged lawmakers to take into account the differences in energy savings between the newest, highest-performing homes and older, less-efficient homes that comprise the vast majority of the nation's housing stock."With substantial amounts of energy lost in the nearly 130 million existing homes in the current stock, it is extremely important to develop an effective national energy policy that is not punitive to consumers who benefit from the most efficient new homes," Tony Crasi, a custom home builder from Akron, Ohio, told members of the Senate Energy and Natural Resources Committee. "Rather, the policy must promote an effective retrofit plan for older, less-efficient housing that allows builders and remodelers to create the benefits of energy efficiency for all housing."

Enterprise Homes, U.S. Department of Housing and Urban Development, Maryland Department of Housing and...

RANDALLSTOWN, MD - June 9, 2011 - (RealEstateRama) -- Baltimore County Executive Kevin Kamenetz, Baltimore County Councilman Kenneth N. Oliver, District 4, and other federal, state and local dignitaries today joined Enterprise Homes, Inc. at a ceremony to celebrate the grand opening of The Greens at Liberty Road Senior Apartments. Located on the Liberty Road corridor, the newly constructed $15.6 million development is comprised of 81 one-bedroom and 24 two-bedroom apartments, 12 of which are fully accessible and three units with features for sensory impaired seniors. The development was certified as meeting the requirements of the Enterprise Green Communities Criteria.

OHFA ADVANCES AFFORDABLE HOUSING OPTIONS DURING NATIONAL HOMEOWNERSHIP MONTH

COLUMBUS, OH - June 9, 2011 - (RealEstateRama) -- Homeownership is a rewarding and worthwhile investment. With reduced home prices and competitive mortgage rates, this is an excellent time to celebrate the affordable housing options available to Ohioans. Governor John Kasich proclaimed June as Homeownership Month, highlighting the impact of homeownership on Ohio's economy and communities.

Senator Murray Applauds New Housing Opportunities for Homeless Veterans in Spokane and Vancouver

Washington, D.C. - June 9, 2011 - (RealEstateRama) -- Today, U.S. Senator Patty Murray (D-WA) applauded an announcement made by the Secretary of Veterans Affairs (VA) Eric K. Shinseki that a supportive housing project for homeless veterans and their families will be developed in Spokane and Vancouver. Through the Building Utilization Review and Repurposing (BURR) initiative, the VA was able to identify unused and underused buildings at VA properties in Spokane and Vancouver that will be developed into new housing opportunities for veterans returning home from Iraq and Afghanistan and homeless veterans and their families.

Kentucky Housing Corporation Finance Committee of the Board of Directors to Meet

June 9, 2011 - (RealEstateRama) -- The Kentucky Housing Corporation Finance Committee of the Board of Directors will meet Tuesday, June 7, 2011, 1 p.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting acco...

VA to Expand Housing for Homeless Veterans and Their Families

WASHINGTON, DC - June 9, 2011 - (RealEstateRama) -- The Department of Veterans Affairs (VA) continues to develop housing opportunities for homeless and at-risk Veterans by adding 34 VA locations across the country. This strategy will increase the Department’s available beds by over 5,000. VA currently has 15,000 transitional beds available to homeless Veterans.

Sen. Brown Announces More Than $229K to Prevent Foreclosures in Cleveland

WASHINGTON, D.C. - June 9, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that $229,140 has been awarded to the Neighborhood Housing Services of Greater Cleveland, Inc. to provide foreclosure counseling to local families. The National Foreclosure Mitigation Counseling Program funds are awarded on a competitive basis to help prevent foreclosures

AHFC Increases Loan Limits and Streamlines Second Mortgage Programs for Alaskans

ANCHORAGE, AK - June 9, 2011 - (RealEstateRama) -- Alaskans now have streamlined options for a second mortgage for home improvements. Alaska Housing Finance Corporation's (AHFC) board of directors has approved the consolidation of various second mor...

Commercial Real Estate Conference to Focus on Key Issues Surrounding the Industrial Sector

HERNDON, VA - June 9, 2011 - (RealEstateRama) -- NAIOP, the Commercial Real Estate Development Association, is bringing its annual industrial real estate conference to the Renaissance Long Beach in Long Beach, Calif., on June 22-23.

Federal funds awarded to Macomb County nonprofits to support affordable housing

MOUNT CLEMENS, MI - June 8, 2011 - (RealEstateRama) -- Macomb County Executive Mark Hackel announced today that $2.3 million in federal funds will be awarded to three nonprofit organizations to create affordable housing in the county. The announcement culminates a competitive process that began in January 2011 to determine the highest and best use of federal HOME funds.

MassHousing Executive Director Thomas R. Gleason to Speak at Standard & Poor’s National Housing...

BOSTON, MA - June 8, 2011 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason has been selected to speak at a national housing summit in New York City on June 9 sponsored by Standard & Poor’s that will cover a broad range of topics influencing the United States housing market

CARIBOU HOUSING AGENCY TO RECEIVE NEARLY $50,000

Washington, DC - June 8, 2011 - (RealEstateRama) -- U.S. Senator Susan Collins today announced that the Department of Housing and Urban Development (HUD) has awarded the Caribou Housing Agency a grant in the amount of $48,729 to support its Housing ...

Flroida Realtors®’ Environmental Award Deadline Looms

ORLANDO, FL - June 8, 2011 - (RealEstateRama) -- Want to recognize an environmentally conscious Florida builder or developer, one whose projects prove that responsible growth and environmental protection can co-exist? Then remind builders to enter to win Florida Realtors® annual Environmental Award, popularly known as the ENVY, before the July 7, 2011, deadline.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Mortgage applications decreased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2011. This week's results include an adjustment to account for the Memorial Day holiday.

Commercial/Multifamily Mortgage Delinquency Rates Mixed in First Quarter

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Delinquency rates among different commercial/multifamily mortgage investor groups were mixed in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Realtors® Support Legislation for Comprehensive GSE Reform

Washington, DC - June 8, 2011 - (RealEstateRama) -- The National Association of Realtors® supports comprehensive reform of America’s housing finance market that protects taxpayers and ensures the availability of affordable mortgage credit today and into the future.

Scientific Conservation Inc. Collaborates with the U.S. Green Building Council To Develop Products for...

Washington, DC - June 8, 2011 - (RealEstateRama) -- Scientific Conservation, Inc. (SCI), a leading provider of energyefficiency solutions via predictive diagnostics and analytics, and the U.S. Green Building Council (USGBC), developers of the LEED green building program, today announced they will collaborate to develop and deliver third-party applications to be integrated into LEED Online. LEED Online is used by project teams to submit documentation toward the certification of LEED projects.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate 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