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Attorney General DeWine and Ohio Department of Commerce Announce Settlement with Carrington Mortgage Services

COLUMBUS, OH - May 20, 2011 - (RealEstateRama) -- Ohio Attorney General Mike DeWine and Ohio Department of Commerce Director David Goodman today announced an assurance of voluntary compliance (AVC) with Carrington Mortgage Services, LLC to resolve a 2009 lawsuit and to provide relief to Ohio homeowners facing foreclosure."This agreement will help Ohioans obtain affordable modifications to allow them to stay in their homes," Attorney General DeWine said. "We are pleased that Carrington Mortgage Services has worked with our Office and is committed to helping Ohio homeowners avoid foreclosure."

Guthrie Announces Hardin County is Eligible for Individual Disaster Assistance

Washington, D.C. - May 20, 2011 - (RealEstateRama) -- Congressman Brett Guthrie (KY-02) announced Friday, May 20, 2011, that homeowners, renters and businesses in Hardin County who suffered damages in the severe storms, tornadoes and flooding on Apr...

The DESCO Group Closes Venture with USAA Real Estate Company

WASHINGTON, D.C. - May 20, 2011 - (RealEstateRama) -- The DESCO Group of St. Louis today announced USAA Real Estate Company of San Antonio as its new equity partner in the ownership of 28 shopping centers totaling over 2.3 million square feet and anchored by Schnucks supermarkets in Missouri, Illinois, Indiana, and Tennessee. DESCO will be the managing member of the new venture

June Seminars Focus on Inherited Property Ownership

GREENSBORO, NC - May 19, 2011 - (RealEstateRama) -- The City of Greensboro is hosting two housing seminars for residents who have inherited homes or property to help prevent home and property loss. The seminars are from 6-8 pm, Wednesday, June 1, and from 9 am to 2 pm, Saturday, June 4, at Central Library, 219 N. Church St. Both seminars are free, but do require pre-registration.

Reed Announces Additional $138,000 HUD Grant to Help More RIers Achieve Self-Sufficiency

WASHINGTON, DC - May 19, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that several communities throughout the state will receive $138,735 in federal funding to help more Rhode Islanders develop job skills and achieve econ...

Bryan and Kris Uhl of Kentwood City Properties Enjoy “Live, Work, Play” Model in...

DENVER, CO - May 19, 2011 - (RealEstateRama) -- Many of today’s new residential developments promote the community as the perfect place to “live, work, and play.” This model for master-planned communities is not necessarily a new idea, as leadin...

Peter Niederman of Kentwood Real Estate Appointed to Board of Directors of GeoPublishers.com

DENVER, CO - May 19, 2011 - (RealEstateRama) -- Peter Niederman, Chief Executive Officer of Kentwood Real Estate, Colorado’s Premier Real Estate Company, has been appointed to the Board of Directors of GeoPublishers.com, the premier trade associat...

NAHB Webinar to Present Latest Remodeling Market Forecast and Emerging Trends

WASHINGTON, D.C. - May 19, 2011 - (RealEstateRama) WHEN: Thursday, May 26, 2011 2:00 p.m. EDT WHO: David Crowe, Chief Economist, National Association of Home Builders Kermit Baker, Director of the Remodeling Futures Program, Harvard University's Joint Center for Housing Studies

Grassroots Collaboration For Tomorrow’s Sustainable Communities: The Urban Land Institute Announces Six Winners In...

WASHINGTON, DC - May 19, 2011 - (RealEstateRama) -- Six grants have been awarded in the Urban Land Institute’s (ULI) semi-annual funding of its Community Action Grants program. Through the program, the ULI Foundation Fund raises money to be distributed as grants to district councils or ULI members on behalf of nonprofit organizations for entrepreneurial programs that aim to improve urban growth in their communities.

U.S. ENERGY SECRETARY CHU TO RECOGNIZE NYC’S FIRST 1,000 GREEN BUILDING SUPERS

New York, NY - May 19, 2011 - (RealEstateRama) -- U.S. Secretary of Energy Steven Chu will join New York real estate industry executives and union leaders on Monday to recognize New York City's first class of green building superintendents to graduate from the 32BJ-Thomas Shortman Green Supers training program. Green Supers is an ambitious labor-management green buildings program, launched just over a year ago with Mayor Bloomberg, to train superintendents and resident managers in the latest state-of-the-art energy efficiency measures.

Significant Declines in 90+ Day Delinquencies and Foreclosures in Latest MBA National Delinquency Survey

WASHINGTON, D.C. - May 19, 2011 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.32 percent of all loans outstanding as of the end of the first quarter of 2011, an increase of seven basis points from the fourth quarter of 2010, and a decrease of 174 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 117 basis points to 7.79 percent this quarter from 8.96 percent last quarter.

MBA Statement on Prototype Mortgage Disclosures

WASHINGTON, D.C. - May 19, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the statement below in response to the public release of new prototype mortgage disclosure forms required under the Truth in Lending Act (TILA) and Real Estate Settlement and Procedures Act (RESPA).

April Existing-Home Sales Ease

Washington, DC - May 19, 2011 - (RealEstateRama) -- Existing-home sales slipped in April, although the market has managed six gains in the past nine months, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, eased 0.8 percent to a seasonally adjusted annual rate of 5.05 million in April from a downwardly revised 5.09 million in March, and are 12.9 percent below a 5.80 million pace in April 2010; sales surged in April and May of 2010 in response to the home buyer tax credit.

Gov. Beshear Presents Energy Efficiency, Homeland Security Grants for Daviess County

OWENSBORO, KY - May 18, 2011 - (RealEstateRama) -- Governor Steve Beshear today presented funding for energy efficiency updates and state homeland security grants in Daviess County. A $58,800 Energy Efficiency and Conservation Block Grant (EECBG) ...

Consumer Financial Protection Bureau Announces Initiative to Combine Mortgage Loan Disclosures

WASHINGTON, DC - May 18, 2011 - (RealEstateRama) -- The Consumer Financial Protection Bureau (CFPB) today announced the Know Before You Owe project, an effort to combine two federally required mortgage disclosures into a single, simpler form that makes the costs and risks of the loan clear and allows consumers to comparison shop for the best offer

Foreign Buyers Recognize Value of Home Ownership in U.S.

Washington, DC - May 18, 2011 - (RealEstateRama) -- The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR SOUTH DAKOTA STORM VICTIMS

WASHINGTON, DC - May 18, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of South Dakota and provide support to homeowners and low-income r...

Mortgage Refinance Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - May 18, 2011 - (RealEstateRama) -- Mortgage applications increased 7.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 13, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 7.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 7.1 percent compared with the previous week. The Refinance Index increased 13.2 percent from the previous week and is at its highest level since the week ending December 10, 2010. The seasonally adjusted Purchase Index decreased 3.2 percent from one week earlier. The unadjusted Purchase Index decreased 3.3 percent compared with the previous week and was 1.7 percent lower than the same week one year ago

Keller Williams Realty and Old Republic Home Protection Align to Provide Unique Benefits to...

AUSTIN, TX - May 17, 2011 - (RealEstateRama) -- Keller Williams Realty, Inc. announced today that it has entered into an agreement with Old Republic Home Protection to offer a variety of services to the company’s associates and their clients.

AG Cooper moves to stop phony foreclosure assistance scheme

Raleigh: - May 17, 2011 - (RealEstateRama) -- A Winston-Salem foreclosure rescue operation that targeted financially distressed homeowners with claims to help them save their homes from foreclosure is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced.

Business Real Estate Press Releases

Headshot of Jim D’Amico, CEO, Brands by Integra

Brands by Integra Enters Arizona in Partnership with CITIEA

Brands by Integra today announced its partnership with CITIEA, a leading Phoenix brokerage, marking the company’s first entry into the Arizona market. This first acquisition marks planned

Recent Gov & Nonprofit Real Estate Press Releases

Headshot of Jim D’Amico, CEO, Brands by Integra

Brands by Integra Enters Arizona in Partnership with CITIEA

Brands by Integra today announced its partnership with CITIEA, a leading Phoenix brokerage, marking the company’s first entry into the Arizona market. This first acquisition marks planned