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LOS ANGELES, CA - May 24, 2011 - (RealEstateRama) -- A Buellton man was sentenced today to 21 months in federal prison for defrauding banks by nearly simultaneously seeking home equity lines of credit from four different federally insured financial institutions. Larry P. Corbi Jr., 36, who resided in Marina del Rey during the course of the scheme and has since relocated to the Central Coast, was sentenced by United States District Judge Dale S. Fischer. In addition to the prison term, Judge Fischer ordered Corbi to pay $356,644 in restitution.

NASHVILLE, Tenn.- May 24, 2011 - (RealEstateRama) -- Mitigation specialists from the Federal Emergency Management Agency will be in Memphis Lowe's and Home Depot stores this week. They will answer questions and offer home improvement tips and proven techniques to prevent and lessen damage from future disasters.

LOS ANGELES, CA - May 24, 2011 - (RealEstateRama) -- A second man who was employed as an inspector with the City of Los Angeles Department of Building and Safety pleaded guilty this afternoon to federal bribery charges for taking thousands of dollars in bribes to approve work done at residential construction sites in South Los Angeles, even though the work had not been inspected.

Jackson, MS - May 24, 2011 - (RealEstateRama) -- While other parts of the state are dealing with the aftermath of the flooding and tornado natural disasters, Commissioner of Insurance Mike Chaney and the Mississippi Insurance Department (MID) remind coastal Mississippians that hurricane season begins in a little over a week. Preparations for a forecasted active, 2011 Hurricane season need to begin now, during National Hurricane Preparedness Week, May 22-28, 2011.

May 24, 2011 - (RealEstateRama) -- On May 25, NLIHC President and CEO Sheila Crowley will testify in support of the National Housing Trust Fund (NHTF) at a hearing of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises (GSEs) titled, “Transparency, Transition and Taxpayer Protection: More Steps to End the GSE Bailout.” The hearing will be at 2 pm in room 2128 of the Rayburn House office building.

FRESNO, CA - May 24, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that United States District Judge Lawrence J. O'Neill sentenced Wrenl Burge, 40, of Fresno, to 41 months in prison and Albert Lewis Ellis, 46, also of Fresno, to 33 months in prison for a scheme to falsify mortgage loan documents. Burge was ordered to pay $1,011,524 in restitution, and Ellis was ordered to pay $548,178 in restitution to the mortgage lenders.

WASHINGTON, DC - May 24, 2011 - (RealEstateRama) -- ABA Housing Partners Foundation announced today its partnership with Texas Bankers Association to build a Habitat for Humanity home in San Antonio, Texas. The two groups will work together to raise donations from bankers across the country to fund the foundation’s first build in the Southwest at the American Bankers Association’s Annual Convention in October 2011

WASHINGTON, D.C. - May 24, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes rose 7.3 percent to a seasonally adjusted annual rate of 323,000 units in April, their best pace since December of 2010, according to figures released by the U.S. Commerce Department today. The report also showed that the nationwide inventory of new homes for sale continued to fall to just 175,000 units in April, which is a new record low."The fact that new-home sales have now risen for two consecutive months is certainly welcome news following an all-time low sales number in February," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "That said, builders are still contending with a great deal of competition from foreclosed properties for sale in certain markets, and in places where this is not an issue, it remains extremely difficult to obtain credit to build new homes."

RALEIGH, N.C. - May 24, 2011 - (RealEstateRama) -- Safe-rebuilding specialists from the Federal Emergency Management Agency will be in Lumberton, Jacksonville, Fuquay and Wake Forest beginning Thursday, May 26, to provide free rebuilding information and answer questions about how to strengthen property against future storm damage.

Washington, DC - May 24, 2011 - (RealEstateRama) -- The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®

May 23, 2011 - (RealEstateRama) -- It's one of the most vexing -- yet explainable -- questions homeowners/property taxpayers face: How can it be that my home's value has gone down but my property tax bill has gone up?

Washington, DC - May 23, 2011 - (RealEstateRama) -- Congressman David Scott [GA-13], in partnership with the U.S. Departments of Treasury and Housing and Urban Development (HUD), will host the powerful two-day “Help for Homeowners Community Events” on Friday, June 17, 11am-7:30pm and Saturday, June 18, 9am-3pm. These events will take place at the Georgia International Convention Center in College Park.

Washington, DC - May 23, 2011 - (RealEstateRama) -- REALTOR® Magazine’s 2011 “30 Under 30” honorees exemplify the personal drive many Realtors® have to be the best and provide a high level of service to their clients, despite tough market conditions and a constantly evolving industry.

WASHINGTON, DC - May 23, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a settlement with Minneapolis-based U.S. Bank, National Association, the Federal Housing Administration’s (FHA) 8th largest mortgage lender.

WASHINGTON, DC - May 23, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $152.7 million to help eight cities across the country transform severely distressed public housing developments into mixed-income communities. Housing authorities in the following cities developed highly successful revitalization plans to transform the physical condition of a public housing community and make a positive impact on the lives of their residents: Boston, Massachusetts; Denver, Colorado; Louisville, Kentucky; Patterson, New Jersey; St. Louis, Missouri; Taunton, Massachusetts; Phoenix, Arizona; and Portland, Oregon

WASHINGTON, DC - May 23, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is offering up to $9.1 million to address the critical housing needs of low-income persons and families living with HIV/AIDS including homeless individuals and families. HUD’s funding noticeis offered through the Housing Opportunities for Persons with AIDS(HOPWA) Program.

Washington, D.C. - May 23, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) National Associates Committee (NAC) selected five recipients to receive the 2011 Jason Pettigrew Memorial ARE Scholarship. The recipients are Nicolette Feldser, Assoc. AIA, LEED AP BD+C; Devin Little, Assoc. AIA; Audrey Maxwell, Assoc. AIA; Miranda Mote, Assoc. AIA and Matt Murphy, Assoc. AIA, LEED AP BD+C. The recipients were recognized at the NAC reception at the 2011 AIA National Convention and Design Exposition in New Orleans.The recipients will receive compensation for the entire cost of the Architect Registration Examination (ARE) and a full set of study guides provided by Kaplan Construction Education.

Washington, D.C. - May 23, 2011 - (RealEstateRama) -- The National Institute of Building Sciences (the Institute) and the American Institute of Architects (AIA) showed their commitment to the importance of building enclosures May 18 when they signed a new Memorandum of Agreement to support existing Building Enclosure Councils (BECs) and develop new ones in cities across the United States.

WASHINGTON, DC - May 23, 2011 - (RealEstateRama) -- With the help of hundreds of public housing authorities across the nation, the U.S. Department of Housing and Urban Development is taking Father's Day to a whole new level. HUD appealed to the nation's 3,200 public housing authorities to host Father's Day 2011 on Saturday, June 18th - a day to celebrate fatherhood, family and to support fathers in staying connected with their children.

COLUMBUS, OH - May 20, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $2.6 million in funding through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF).