May 4, 2011 - (RealEstateRama) -- Earlier today in federal court in Minneapolis, a 50-year-old Fridley man was sentenced for defrauding eight mortgage lenders of $1.9 million. United States District Court Judge David S. Doty sentenced Taleb Mohamed Wazwaz to 24 months in prison on one count of conspiracy to commit mortgage fraud through the use of interstate wires. Wazwaz was charged via an information on April 19, 2010, and pleaded guilty on May 4, 2010
WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- Fannie Mae today announced the opening of the Philadelphia Mortgage Help Center to provide free education and counseling services to struggling Philadelphia area homeowners. The Philadelphia, the latest of nine Mortgage Help Centers to open across the country, is part of Fannie Mae's nationwide initiative to educate families about the options and tools available to help them stay in their homes.
WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) today announced its top multifamily loan originators for 2010. Through Fannie Mae's Delegated Underwriting and Servicing (DUS TM) program, these top ten lender partners produced the highest multifamily loan volumes by contributing at least $870 million each.
Sioux City, IA - May 4, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan awarded more than $216 million to nearly 700 new homeless programs across the country. This amount represents $26 million more than last yea...
Shoppers Indicate Higher Satisfaction with Store Facilities, Merchandise and Pricing at Home Improvement Stores
WESTLAKE VILLAGE, CA - May 4, 2011 - (RealEstateRama) -- Home improvement store shoppers are more satisfied with store facilities, merchandise and pricing in 2011, compared with 2010, according to the J.D. Power and Associates 2011 U.S. Home Improvement Retailer Satisfaction StudySM released today.
WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its March 2011 loan modification data, which shows that an estimated 210,000 homeowners received permanent, proprietary loan modifications from mortgage servicers for the first quarter of 2011. This estimate does not include loan modifications through Home Affordable Modification Program (HAMP), and industry totals will be updated once official government reports are published.
WASHINGTON, D.C. - May 4, 2011 - (RealEstateRama) -- Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011.
May 4, 2011 - (RealEstateRama) - A: Costs for construction of both vary across the United States. The cost for constructing a safe room which can double as a master closet, bathroom, or utility room, inside a new home or small business can range from approximately $4,500 to $8,500. This budget would provide an 8-foot by 8-foot safe room. A 14-foot by 14-foot safe room could cost $15,000 to $25,000.
WASHINGTON, DC - May 4, 2011 - (RealEstateRama) - The U.S. Department of Housing and Urban Development announced today that it is recognizing 14 State and local governments with its coveted "Door Knocker Award" for their outstanding work in producing affordable housing. From creating a stable living environment for those with disabilities to providing rental assistance to homeless veterans, each community represents a model for developing innovative housing solutions to meet their specific needs. Read a summary for each Door Knocker Award winner.
WASHINGTON, DC - May 3, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Mississippi and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, straight-line winds, and flooding last week.
WASHINGTON, D.C. - May 3, 2011 - (RealEstateRama) -- Chairman Johnson, Ranking Member Shelby, and Members of the Committee, thank you for the opportunity to appear before you today. I am honored that President Obama has nominated me for this position, and I am deeply grateful to Secretary Geithner for his confidence in me.
Washington, DC - May 3, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has launched its first-ever Multifamily Midrise Design Competition. Based on USGBC’s LEED for Homes Multifamily Midrise green rating system, the competition offers professionals and students a unique opportunity to present their solutions for sustainable design for multifamily buildings of four to six stories.
LAGUNA HILLS, CA - May 3, 2011 - (RealEstateRama) -- The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the leasing team at the Taj Mahal Medical Center located in Laguna Hills, Calif. has signed its first medical lease since the start of construction and the official rebranding of the project in March, 2011
Lewis Center, OH - May 3, 2011 - (RealEstateRama) -- Real Property Management, an Associa company, is pleased to announce that Stephanie Soroky and Clint Grigley have earned their Certified Manager of Community Associations (CMCA) designation.
JEFFERSON CITY, MO - May 3, 2011 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) announced today he returned more than $1 million in Unclaimed Property to just eight account owners. Five individuals and three businesses each have received more than $100,000 since mid-February. The recipients are not being identified for privacy reasons.
Phuket, Thailand - May 3, 2011 - (RealEstateRama) -- Following a series of delays over the last two years, construction of the new International terminal at Phuket International Airport is now scheduled to get underway at the beginning of November.
WASHINGTON, DC - May 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded more than $23 million in grants to organizations which will help state and local communities, as well as non-profit organizations, improve their use of federal funds to revitalize neighborhoods, help the homeless and produce more affordable housing.
SHERMAN OAKS, CA - May 3, 2011 - (RealEstateRama) -- The Berzack Group, led by its President, Warren Berzack, has joined Lee & Associates - LA North/Ventura, Inc., a full-service commercial real estate brokerage firm and member of the Lee & Associates group of companies, specializing in multifamily investment sales throughout the San Fernando Valley and greater Los Angeles markets.
Sarasota, FL - May 3, 2011 - (RealEstateRama) -- The 11-story office building located at the corner of South Pineapple Avenue and Ringling Boulevard has undergone complete renovations of its common areas, upgraded security and revitalized the grounds. Recognizable by an exterior façade of uninterrupted dark glass framed with sleek sand-colored archways around the entire building, the interior of the M&I Bank Building has been elevated to today’s definition of contemporary design. This first phase of renovations exceeds $1 million in expenditures
WASHINGTON, D.C. - May 3, 2011 - (RealEstateRama) -- Thirteen builders, remodelers and other home building industry professionals were honored yesterday as winners of National Green Building Awards by the National Association of Home Builders (NAHB) at the 13th annual National Green Building Conference in Salt Lake City.“These awards recognize and celebrate the most forward-thinking builders and remodelers in green building,” said Bob Jones, immediate past chairman of NAHB and a builder from Bloomfield Hills, Mich. “These award winners are pushing the envelope of what we can achieve with energy and resource efficiency.”
he Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners that improving their property’s landscaping can result in a significant return on investment when selling the home
Guaranteed Rate, Inc. has agreed to pay the United States $15.06 million to resolve allegations that it violated the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) by knowingly
The Trump Administration remains committed to its America First, all of the above approach to domestic energy production as the Department of the Interior (Department) and the Bureau of Land Management (BLM)
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 7.91% of servicers' portfolio volume in the prior week
MBA Statement on FHFA’s Announcement on Refinance and Home Purchase Eligibility for Homeowners in...
MBA President and CEO Robert D. Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement on refinance and home purchase
This week, as nursing homes and long-term care facilities across the country continue to be ravaged by the COVID-19 pandemic, the House Democratic Caucus Task Force on Aging and Families (TFAF) leadership took steps to promote maximum safety for nursing home residents
It's the best of times and it's the worst of times. For established real estate agents the market has never been better. Its been more than a decade since the housing crisis and for long-time agents with established connections in the market, it seems like business finds them.
How many times have you felt like you should have prepared and prevented rather than repenting? People spend one-third of their day at the workplace. It is essential to keep this space and its surroundings safe for employees to work around freely.
As we grow in our careers, we usually want to climb up the social ladder, which translates to changes in our lifestyle. The inspiration comes from people around us who live a very comfortable life after doing so.
There are many factors to consider when choosing the materials for your toilet cubicles. There are five common toilet cubicle materials: powder coat, plastic laminate, solid plastic, stainless steel, and phenolic. This article discusses the different properties of plastic laminate and solid plastic partitions.
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 7.54% of servicers' portfolio volume in the prior week to 7.91%
Dean Mon, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Shrewsbury, N.J., today issued the following statement on House legislation that would expand access to the Paycheck Protection Program
Homeowners in the United States spend millions of dollars each year on upgrades and improvement projects. If you are trying to add value and more security to your home, there are a variety of products that can help you accomplish this goal.
The Chicago Housing Authority (CHA) Board of Commissioners approved commitments today that will preserve affordable housing for low-income seniors in the Rogers Park community
The Bureau of Land Management invites the public to participate in an informational pre-application virtual workshop for the Shiprock Solar Project on May 27, from 6 - 8 p.m. The proposed project area encompasses 1,980 acres of BLM-administered public lands and 555 acres of private lands that are located approximately 4 miles north of Waterflow, N.M.
In a signal that the housing market is showing signs of stabilizing and gradually moving forward in the wake of the COVID-19 pandemic, builder confidence in the market for newly-built single-family homes increased seven points to 37 in May
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2020 shows mortgage applications for new home purchases decreased 12 percent compared from a year ago.
For so many of us nowadays, buying a home is a target. It is the measuring point by which we look at our lives and judge if we are doing well. Some of us might never own one… but for those that think the average house is too expensive, we present: the tiny house!
Are you trying to sell your house but want it to have more value than when you bought it? Here are home repairs to make in order to increase its value.
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
WASHINGTON – U.S. Secretary of the Interior David Bernhardt inspected a key piece of national water infrastructure at Morrow Point Dam, located on the Gunnison...
South Carolina REALTOR® (SCR) member, past president and Realtor® at Coldwell Banker Residential Brokerage in Columbia, was named the association’s 2019 REALTOR® of the Year at its annual conference at the Francis Marion Hotel in Charleston on September 11, 2019.
Mississippi households in eight counties impacted by the storms, straight-line winds, tornadoes and flooding beginning on February 22 and continuing to March 29, 2019 are eligible to apply for federal disaster assistance to help
Last week CREW Miami (Commercial Real Estate Women) held its September lunch program, The Wizards of OZ hosting a panel of experts who discussed and answered questions about recent Opportunity Zone transactions
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019
Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”
“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer
Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound
Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act