Archives
U.S. Green Building Council Announces Recipients of 2010 LEED for Homes Awards
Washington, DC - January 12, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has named the recipients of its 2010 LEED for Homes Awards, recognizing projects, developers and home builders who have demonstrated leadership in the residential building marketplace. The awards were presented during the Residential Summit on Thursday, Nov. 18, during the 2010 Greenbuild International Conference & Expo held in Chicago, Ill. The 2010 award categories recognize innovative multi and single family projects, production builders, affordable housing projects and developers, an overall commitment to LEED for Homes, and Project of the Year.
Foreclosure Crisis Forces Families to “Double Up”
WASHINGTON, DC - January 12, 2011 - (RealEstateRama) -- This morning, the National Alliance to End Homelessness (NAEH) released a report indicating increases in foreclosures and families experiencing homelessness, including those living doubled up due to economic hardship.
Mortgage Refinance Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - January 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 7, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 2.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 47.5 percent compared with the previous week, which included the New Year’s holiday
MBA Files Suit to Overturn Labor Department’s Interpretation on Overtime for Loan Officers
WASHINGTON, D.C. - January 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today filed suit against the U.S. Department of Labor (DOL) in the United States District Court for the District of Columbia under the Administrative Procedure Act (APA).
Realtor® Volunteer and Mentor Program Seeks Nominations
Washington, DC - January 11, 2011 - (RealEstateRama) -- REALTOR® Magazine’s Good Neighbor Society is seeking entries for Volunteering Works, a program that matches Realtors® who would like to expand their community service outreach with a mentor who is already a successful volunteer leader.
NeighborWorks America Names Leila Finucane Edmonds Director of National Initiatives
Washington, DC - January 10, 2011 - (RealEstateRama) -- NeighborWorks America, a Congressionally chartered nonprofit and one of the nation’s largest community development corporations, announced today that Leila Finucane Edmonds has joined the corporation as director of National Initiatives
Foreclosure Diversion Cases to Stay at Bridgton District Court
January 10, 2011 - (RealEstateRama) -- Effective January 1, 2011, the Bridgton District Court will retain all of the foreclosure cases filed in Bridgton that are referred to the Foreclosure Diversion Program for mediation. Bridgton District Court will hold informational sessions and mediations. Previously, Bridgton foreclosure cases on the diversion track were permanently transferred to the Cumberland County Superior Court in Portland.
Energy Efficiency at Home and “On the Go” Can Ease Pain of Cold Weather,...
Washington, D.C. - January 10, 2011 - (RealEstateRama) -- Winter’s chill pervades much of the nation, and escalating gas prices are putting their own chill down the spines of U.S. consumers. But until the spring thaw arrives, simple energy-efficiency steps at home and on the road – potentially supplemented by federal income tax credits for specific energy-efficiency home improvements – can take the sting out of high energy bills, says the Alliance to Save Energy
NCOA Teams with HUD and NRMLA to Assist Reverse Mortgage Borrowers Who Have Difficulty...
Washington, D.C. - January 7, 2011 - (RealEstateRama) -- The National Council on Aging (NCOA) is conducting a pilot project in collaboration with U.S. Department of Housing and Urban Development (HUD) and the National Reverse Mortgage Lenders Association (NRMLA) to help reverse mortgage borrowers who are struggling to pay property taxes and homeowners insurance
Real Estate Today Celebrates 100th Show
Washington, DC - January 7, 2011 - (RealEstateRama) -- Real Estate Today, the national talk radio show produced by the National Association of Realtors®, celebrates its 100th show this weekend. Now the fastest growing real estate show in the country, Real Estate Today can be heard on more than 120 stations across the U.S, including in every top-10 market.
Long- and Short-Term Mortgages Drop This Week
McLean, VA - January 6, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®(PMMS®). The survey results showed lower mortgage rates for both long- and short-term rates
HUD, HHS ANNOUNCE JOINT EFFORT TO ASSIST NEARLY 1,000 NON-ELDERLY PERSONS WITH DISABILITIES TO...
WASHINGTON, DC - January 6, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and Health and Human Services (HHS) Secretary Kathleen Sebelius announced today a joint partnership between the two agencies to help nearly 1,000 non-elderly Americans with disabilities leave nursing homes or other healthcare facilities to live independently. This is the first time two federal agencies are offering a combination of rental assistance, health care and other supportive services targeted to this population.
Declining Cities: The People Have Left, the Houses Remain
WASHINGTON, D.C. - January 6, 2011 - (RealEstateRama) -- The Great Recession of 2007 to 2009 created new declining cities, and posed further difficulties for cities already in decline. Some cities may not re-attain home price peaks for many years, and could see some neighborhoods cease to be viable economically, according to a study released today from the Mortgage Bankers Association (MBA)
Third Quarter Reports of Mortgage Fraud Up Slightly Mortgage Fraud as Percentage of All...
VIENNA, VA - January 6, 2011 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today released its third quarter 2010 mortgage fraud report, Mortgage Loan Fraud SAR Filings. The report shows that suspicious activity reports (SARs) characterized by filers as indicating possible mortgage loan fraud (MLF) increased 2 percent to 16,693 in the third quarter of 2010 up from 16,339 MLF SARs in the 2009 third quarter.
2011 International Builders’ Show to Showcase the Industry’s Largest Product Display
WASHINGTON, D.C. - January 6, 2011 - (RealEstateRama) -- Housing professionals from across the country and abroad will convene at the Orange County Convention Center in Orlando, Fla., Jan. 12-15, for the 2011 International Builders’ Show (IBS), the housing industry’s largest annual trade show and exhibition. The National Association of Home Builders (NAHB) event, held in one of the largest convention centers in the country, will feature the most cutting-edge designs, technologies, and products for all segments of the industry
Mortgage Applications Drop the Week Before Christmas and Increase the Week After in Latest...
WASHINGTON, D.C. - January 5, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the weeks ending December 24, 2010 and December 31, 2010. For the week ending December 24, 2010, the Market Composite Index, a measure of mortgage loan application volume, decreased 3.9 percent on a seasonally adjusted basis from the prior week. For the week ending December 31, 2010, this index increased 2.3 percent on a seasonally adjusted basis.
HUD AND MARIN COUNTY AGREEMENT WILL PROMOTE AFFORDABLE HOUSING OPPORTUNITIES FOR MINORITIES AND PERSONS...
WASHINGTON, DC - January 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development and Marin County, California today announced an agreement to promote access and overcome barriers to affordable housing for minorities and persons with disabilities throughout the County. A recent HUD review disclosed that Marin County had failed to meet its Fair Housing obligations in its use and expenditure of HUD Community Development Block Grant (CDBG) and HOME funds.
Emerging Trends In Real Estate: The Americas® 2011 To Be Released In Israel; Forecast...
WASHINGTON, DC - January 3, 2011 - (RealEstateRama) -- Emerging Trends in Real Estate: The Americas® 2011, the oldest, most highly regarded annual industry outlook for the real estate and land use industry, will be released in Israel next month by the report’s co-publishers the Urban Land Institute and PricewaterhouseCoopers. The findings, which suggest tempered improvement within the U.S. commercial real estate market in the months ahead, will be discussed during a special program January 12 at the Leonardo City Tower Hotel in Ramat Gan. “Emerging Trends Conference: U.S. Real Estate Investment in 2011” is being sponsored by ULI and PWC in partnership with Gross, Kleinhendler, Hodak, Halevy and Greenberg and Company and Goulston and Storrs
Bankrate: Mortgage Rates Jump Again
NEW YORK, N.Y. - December 30, 2010 - (RealEstateRama) -- Mortgage rates climbed higher this week, with the average conforming 30-year fixed mortgage rising to 5.02 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.
Rates Mostly Up in Freddie Mac Weekly Survey
McLean, VA - December 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which saw all but the 1-year ARM rise. This brings 30-year mortgage rates back to levels seen in May of this year, while the 15-year ties levels not seen since June. Even so, mortgage rates remain incredibly low