Archives
PRICES FOR KEY CONSTRUCTION MATERIALS FALL IN AUGUST, EVEN AS ANNUAL MATERIALS COST INCREASES...
WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- The amount contractors pay for a range of key construction materials declined in August, but contractors continue to be squeezed as materials cost increases have outstripped the price of finished buildings over the past year, according to an analysis of producer price index figures released today by the Associated General Contractors of America.
Tierney, Lawmakers, Renew Call for Meeting with Housing Regulator
Washington, DC - September 14, 2011 - (RealEstateRama) -- Today, Congressman John Tierney joined Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, Congressman Dennis Cardoza, Co-Chair of the Housi...
JOHNSON OPENING STATEMENT ON HOUSING FINANCE REFORM HEARING
WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing to discuss housing finance focusing on the role of a government guarantee, as well as the benefits and risks to taxpayers. This is the tenth in a series of hearings the Committee has been holding related to housing finance reform
U.S. Department of the Treasury, U.S. Department of Housing and Urban Development and the...
WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- The Ad Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), have joined together to launch a new phase of their Foreclosure Prevention Assistance Public Service Advertising (PSA) Campaign. The campaign aims to increase awareness of the Making Home Affordable® Program’s free resources and assistance for homeowners who are struggling with their mortgage payments.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, 2011. This week’s results include an adjustment to account for the Labor Day holiday
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR PENNSYLVANIA STORM VICTIMS
WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Pennsylvania and provide support to homeowners and ...
More than 1.1 Million Homeowners Counseled for Foreclosure According to Latest NFMC Program Report
Washington, DC - September 14, 2011 - (RealEstateRama) --Today NeighborWorks America, the administrator of the National Foreclosure Mitigation Counseling (NFMC) Program, announced that more than 1.1 million homeowners across the nation have received foreclosure counseling through the NFMC Program, according to the Program’s sixth Congressional report.
OBAMA ADMINISTRATION PREVENTED, ENDED HOMELESSNESS FOR ONE MILLION AMERICANS
WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- Today, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced that homelessness for 1 million Americans was prevented or ended, thanks to HUD's Homelessness Prevention and Rapid Re-housing Program (HPRP), funded through the American Recovery and Reinvestment Act of 2009.
Mayor Menino “Welcomes Home” 12 First-Time Homebuyers of Foreclosed Properties
Boston, MA - September 13, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Evelyn Friedman, Director of the Department of Neighborhood Development (DND), and 12 first-time homebuyers of formerly foreclosed properties for a housewarming celebration on Rockwell Street in Dorchester.
Minnesota Company Ordered to Cease and Desist Mortgage Modification Activities in Idaho
Boise, ID - September 13, 2011 - (RealEstateRama) -- The Idaho Department of Finance announced the issuance of a cease-and-desist order today against Minnesota-based Freedom Companies Lending, Inc., for allegedly engaging in mortgage modification activ...
Boston Development Receives $20.5M in First-Ever Choice Neighborhood Grants; Nixon Peabody Advises on HUD...
Boston, MA - September 13, 2011 - (RealEstateRama) -- The City of Boston and Dorchester Bay Economic Development Corporation have been awarded $20.5M by the U.S. Housing and Urban Development (HUD) as part of the first-ever Implementation Grants awarded under HUD’s Choice Neighborhoods Initiative.
Apartment Industry Reiterates Call to Protect Rental Housing in any Carried Interest Tax Increase
WASHINGTON, DC - September 13, 2011 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) reiterate their calls to protect rental housing as lawmakers work toward enactment of a jobs bill.
CONTRACT TALKS OPEN FOR MORE THAN 2,600 PHILADELPHIA PROPERTY SERVICE WORKERS
Philadelphia, PA - September 13, 2011 - (RealEstateRama) -- Negotiations for a new union contract covering more than 2,600 property service workers in Philadelphia began on Friday between 32BJ and representatives of the real estate industry. 32BJ pr...
Demand for Specialty Rooms Drops amid Continued Economic Concerns around Housing Market
Washington, D.C. - September 13, 2011 - (RealEstateRama) -- Homeowner interest in specialty rooms, systems utilizing emerging technologies and upscale products is waning as the residential market continues to struggle. Instead, investments within the home have focused on increasing energy efficiency, fostering outdoor living environments and adding wireless communications systems as home offices remain popular.
CFO Atwater Announces State Unclaimed Property Auction
TALLAHASSEE, Fl - September 12, 2011 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater today announced that Florida will hold the annual unclaimed property auction on Saturday, Sept. 17, in Ponte Vedra Beach at the Sawgrass Marriott Golf Resort & Spa. The auction, which is open to the public, will feature more than 37,000 individual items, including jewelry, watches and rare coins, with a minimum reserve value in excess of $327,000.
Boxer Lauds Federal Housing Finance Agency for Moving Toward Helping More Homeowners Refinance
Washington, D.C. - September 12, 2011 - (RealEstateRama) -- U.S. Senator Boxer (D-CA) today praised the announcement by the Federal Housing Finance Agency that it will work to identify and reduce barriers to refinancing for millions of American homeowners who are current on their mortgage payments but underwater on their homes.
Montgomery County Homeowners Invited to One-on-One Foreclosure Prevention Counseling
September 12, 2011 - (RealEstateRama) -- The Montgomery County Department of Housing and Community Affairs (DHCA), in partnership with the Montgomery County Housing Fair Planning Committee and the City of Gaithersburg, invites all county homeowners ...
COCHRAN: $1.35 MILLION AWARDED TO IMPROVE STATE VETERANS HOMES IN JACKSON AND COLLINS
WASHINGTON, D.C. - September 12, 2011 - (RealEstateRama) -- U.S. Senator Thad Cochran (R-Miss.) today reported that the U.S. Department of Veterans Affairs (VA) has approved two grants worth $1.35 million to carry out improvements to the State Veterans...
Commercial/Multifamily Mortgage Delinquencies Down in Second Quarter for Four of Five Major Investor Groups
WASHINGTON, D.C. - September 12, 2011 - (RealEstateRama) -- Commercial/multifamily mortgage delinquency rates among four out of five major investor groups decreased in the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
HousingIowa Awards Showcase the Best in Iowa Affordable Housing Initiatives
Des Moines, IA - September 9, 2011 - (RealEstateRama) -- Three outstanding Iowa housing initiatives and one individual from throughout the state were recently recognized with HousingIowa Awards at the 2011 HousingIowa Conference, presented by the Iow...