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Lawyer Admits Defrauding Mortgage Lenders of $1 Million by Diverting Closing Funds & Filing...

TRENTON - September 12, 2012 - (RealEstateRama) -- Attorney General Jeffrey S. Chiesa announced that a lawyer from Red Bank pleaded guilty today to conspiring with others to steal over $1 million from lenders by filing fraudulent mortgage applications,...

THREE DISASTER RECOVERY CENTERS OPEN TODAY

BATON ROUGE, LA - September 12, 2012 - (RealEstateRama) -- Three additional State/FEMA Disaster Recovery Centers (DRC) opened Tuesday inWashington and St. James parishes to assist homeowners, renters and business owners who sustained damage to their ho...

HURRICANE SURVIVORS HAVE CHOICES WITH RECOVERY GRANTS

BATON ROUGE, LA - September 12, 2012 - (RealEstateRama) -- “What can I purchase with disaster assistance money?” That question is being asked by many Louisiana Hurricane Isaac survivors who have received grants from the Federal Emergency Management...

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 12, 2012 - (RealEstateRama) -- Mortgage applications increased 11.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 7, 2012. This week’s results include the customary upward adjustment for the Labor Day holiday.

MBA Statement on FHFA’s New Representation and Warranty Framework

WASHINGTON, D.C. - September 12, 2012 - (RealEstateRama) -- David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), issued the following statement reacting to the new representation and warranty framework announced by the Federal Housing Finance Agency (FHFA) today.

Rep. Baca Sponsors Legislation to Create 50 Year Mortgage Refinancing Plan

Washington, DC - September 11, 2012 - (RealEstateRama) -- Congressman Joe Baca (D-Rialto) introduced legislation that directs the Government Sponsored Housing Entities, Fannie Mae and Freddie Mac, to offer 50 year mortgage refinance terms to qualified...

Activity Stayed Strong throughout the Summer as Pending Sales Up Again in August

WALTHAM, MA - September 11, 2012 - (RealEstateRama) -- September 11, 2012 – The Massachusetts Association of REALTORS® (MAR) reported today that activity continued to be strong in the summer as the number of single-family homes and condominiums put ...

Menendez, Boxer Urge Republicans to Join Them to Help Responsible Homeowners Refinance

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- Citing new momentum and support among a broad array of stakeholders, U.S. Senators Robert Menendez (D-NJ) and Barbara Boxer (D-CA) today reintroduced the Responsible Homeowner Refinancing Act an...

HUD APPROVES TEXAS DISASTER RECOVERY PLAN

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced the approval of the State of Texas’ disaster recovery plan totaling $31.3 million in emergency aid to help several communit...

Terrorism Risk Insurance Vital to Commercial Real Estate Market, Say Realtors®

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- American businesses rely upon the availability and affordability of terrorism risk insurance and it’s a vital component of most commercial real estate transactions, the National Association of Realtors® said in testimony today

Menendez, Boxer Urge Republicans to Join Them to Help Responsible Homeowners Refinance

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- Citing new momentum and support among a broad array of stakeholders, U.S. Senators Robert Menendez (D-NJ) and Barbara Boxer (D-CA) today reintroduced the Responsible Homeowner Refinancing Act an...

FEDERAL DISASTER ASSISTANCE FOR WELLS AND SEPTIC SYSTEMS

OKLAHOMA CITY - September 11, 2012 - (RealEstateRama) -- Homeowners in Creek County designated for disaster assistance due to the Aug. 3-14 wildfire may be eligible for assistance to repair or replace damaged septic systems and private wells that are t...

Seattle City Light Seeks Proposals for Renewable Energy

SEATTLE, WA - September 11, 2012 - (RealEstateRama) -- Seattle City Light issued a request for proposals today for up to 150,000 megawatt-hours of renewable energy or renewable energy credits per year, beginning in 2020.

Gov. Perdue Announces National Service Programs to Participate in September 11 National Day of...

September 11, 2012 - (RealEstateRama) -- Gov. Bev Perdue today announced that national service programs will participate in community service activities for September 11 National Day of Service and Remembrance. Members will honor veterans and military ...

FEMA MITIGATION ADVISERS TO OFFER REBUILDING TIPS IN ST. JOHN PARISH

BATON ROUGE, LA - September 11, 2012 - (RealEstateRama) -- Survivors from St. John Parish who are rebuilding after Hurricane Isaac can receive a free consultation with hazard mitigation advisers from the Federal Emergency Management Agency (FEMA). The ...

Justice Department Sues Owner of Alabama Mobile Home Park for Engaging in Race Discrimination

WASHINGTON, D.C. - September 11, 2012 - (RealEstateRama) -- The Justice Department announced today that it has filed a lawsuit against the owner and operator of the Heritage Point mobile home park in Montgomery, Ala., alleging that the companies and their employees or officers discriminated against African-Americans.

Lee & Associates Charleston Promotes Will Sherrod to Principal

Torrance, CA - September 11, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has promoted Will Sherrod as principal in its Charleston office.

Mayor Vincent C. Gray Announces Funding Commitment to Create Affordable Housing and Support Small...

WASHINGTON, DC - September 10, 2012 - (RealEstateRama) -- Mayor Vincent C. Gray today announced more than $35.1 million in financing will be made available by the Department of Housing and Community Development (DHCD) to create and retain affordable housing units, provide housing counseling services to District residents and technical assistance to support small businesses.

Two More Convicted of Mortgage Fraud

PENSACOLA, FL - September 10, 2012 - (RealEstateRama) -- In February, Pamela C. Marsh, United States Attorney for the Northern District of Florida, announced that nine defendants had been federally indicted for their involvement in several multi-jurisd...

HUD ANNOUNCES SECRETARY’S AWARD TO 10 COMMUNITY FOUNDATIONS

WASHINGTON, DC - September 10, 2012 - (RealEstateRama) -- In countless neighborhoods across the country, hundreds of community foundations are improving the lives of residents and the places where they live. These philanthropic organizations often work without much recognition—until now. Today, the U.S. Department of Housing and Urban Development (HUD), in partnership with the Council on Foundations, announced the first winners of a new awards program to recognize community foundations for the excellent work they do along with their public partners in the areas of housing and community development.

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Business Real Estate Press Releases

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Ocusell Partners with Restb.ai to Enhance FMLS Listings with Built-In AI

Ocusell, a leading proptech innovator, today announced a strategic partnership with Restb.ai, the real estate industry’s leader in AI-powered computer vision technology. This

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Judy Chu Hosts Wildfire Housing Roundtable and Press Conference

Rep. Judy Chu (CA-28) hosted a wildfire recovery housing roundtable and press conference to address the housing needs of survivors displaced by January’s devastating Eaton Fire. The roundtable brought together local nonprofits, housing advocates, and government officials from every level to discuss obstacles her constituents are facing in finding stable, affordable housing in their own communities.