SEATTLE, WA - December 10, 2010 - (RealEstateRama) -- Luxury Real Estate announced today its expansion with Richard Provost of Luxury Financial Solutions. Having begun his career in the mortgage industry, Provost continued onward to provide financing for Resorts such as the Ritz-Carlton and Trump Tower.
Washington, D.C. - December 10, 2010 - (RealEstateRama) -- Ken L. Ross, FAIA, FACHA, joined the American Institute of Architects (AIA) in the newly created position of Vice President, Design and Practice. Mr. Ross, who recently retired as Senior Principal and former President of WHR Architects, Inc., a 170-person Houston-based full service architecture, interior design and technology planning firm, will serve in this position on an interim basis
WASHINGTON, D.C. - December 10, 2010 - (RealEstateRama) -- The Department of Justice $2 million settlement with PrimeLending spotlights serious problems on loans insured by the Federal Housing Administration (FHA). The case found inconsistent and abusive pricing on loans to African-American borrowers, revealing that it’s far too easy for lenders making government-backed loans to overcharge home buyers.
McLean, VA - December 9, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that once again, both fixed- and short-term mortgage rates rose this week. This was the fourth week in a row where fixed-rate mortgage rates were up.
WASHINGTON, D.C. - December 9, 2010 - (RealEstateRama) -- Serving as leading indicators for the sector, two composite multifamily indices produced from NAHB's survey of multifamily builders and property managers showed improvement in the third quarter of 2010. The NAHB Multifamily Production Index (MPI) increased to a value of 35.6, up from the 26.6 level reported for the second quarter. This is the highest the MPI has been since 2007
Boston, MA - December 9, 2010 - (RealEstateRama) -- The U.S. industrial real estate sector’s national availability1 rate is expected to fall to 13.1% in 2011, down from 14.0% in the third quarter of 2010, according to new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the industrial availability rate is expected to continue declining during 2012, ending the year at 11.8%. The national industrial availability rate peaked at 14.1% in 2Q 2010.
Lori Ebeling and Coldwell Banker Residential Brokerage Selected to Represent The Estates at Point...
La Quinta, CA - December 9, 2010 - (RealEstateRama) -- Coldwell Banker Residential Brokerage in La Quinta and Lori Ebeling have been selected to represent the Estates at the historic Point Happy Ranch. Coldwell Banker Residential Brokerage agent Lori Ebeling consistently ranks among the top NRT agents nationwide, and was chosen by the new owners of Point Happy Estates as the listing agent for the sales and marketing of the15 estate homes.
WASHINGTON, DC - December 9, 2010 - (RealEstateRama) -- A new study released today by Fannie Mae finds that most Americans — both those who currently own their homes and those who rent — strongly aspire to own a home and to maintain homeownership, despite ongoing turmoil in the housing market. However, demographic trends such as fewer married couples and less families with children resulting in shrinking households — combined with financial caution among consumers — are contributing to an increased willingness to rent.
WASHINGTON, D.C. - December 9, 2010 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association (MBA) and John A. Courson, MBA's President and CEO, announced today the MBA has assembled a task force of key MBA members to examine and issue recommendations for the future of residential mortgage servicing. The Council on Residential Mortgage Servicing for the 21st Century will be led by Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC of Englewood, CO and MBA's Vice Chairman.
HUD TO INVESTIGATE ALLEGATIONS THAT 22 BANKS AND MORTGAGE LENDERS DISCRIMINATE AGAINST AFRICAN AMERICAN...
WASHINGTON, DC - December 9, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it is launching multiple investigations into the practices of certain mortgage lenders to determine if their home loan policies illegally deny qualified African American and Latino borrowers access to credit.
Justice Department Reaches Settlement with National Mortgage Lender to Resolve Allegations of Lending Discrimination
WASHINGTON, DC - December 8, 2010 - (RealEstateRama) -- PrimeLending, a national mortgage lender with 168 offices in 32 states at the end of 2009, has agreed to pay $2 million to resolve allegations that it engaged in a pattern or practice of discrimination against African-American borrowers between 2006 and 2009.
WASHINGTON, D.C. - December 8, 2010 - (RealEstateRama) -- NAHB’s National Sales and Marketing Council (NSMC) has announced the finalists for The National Sales and Marketing Awards – “The NationalsSM.” Finalists are known as Silver Award Winners, with The Nationals Gold Award winner emerging from the field of Silver Finalists.Gold Awards in each category will be presented at The Nationals Gala, held in Orlando, Fla., next month as part of the NAHB International Builders’ Show (IBS). The awards ceremony is scheduled for Wednesday, Jan. 12th at The Peabody Orlando, and is expected to draw more than 500 attendees.
WASHINGTON, D.C. - December 8, 2010 - (RealEstateRama) -- National Association of Home Builders (NAHB) announced the year's best in multifamily housing today. Among the winners of the 2010 Multifamily Pillars of the Industry were a luxury high-rise in Dallas surrounded by shopping, dining and entertainment; an urban mixed-use condo loft community in L.A. combining living and working spaces for the telecommuting professional; and an adaptive reuse project that transformed a 13-story 1960's concrete superstructure into a sustainable luxury apartment tower overlooking the Washington, D.C., skyline.
Nashville, TN - December 8, 2010 - (RealEstateRama) -- Morris Property Management, an Associa company, recently completed a year-long event, the NASCAR Chase for Charity, to help raise nearly $600 for Associa Cares.
BIRMINGHAM, AL - December 8, 2010 - (RealEstateRama) -- A federal judge today sentenced the leader of a mortgage fraud ring in Jefferson County to 6 ½ years in prison, announced U.S. Attorney Joyce White Vance, FBI Special Agent in Charge Patrick Maley and Department of Housing and Urban Development Acting Inspector General Michael Stephens.
HOPE NOW: Mortgage Industry has Completed More Than 1.5 Million Loan Modifications for Homeowners...
WASHINGTON, DC - December 8, 2010 - (RealEstateRama) -- HOPE NOW, the private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its October 2010 survey data today which estimates the industry completed more than 1.54 million permanent loan modifications for at-risk homeowners from January through October 2010.
Affordable Housing Grant to Assist Seven Calcasieu and Beauregard Parish Families with Down Payments
LAKE CHARLES, LA - December 8, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and First Federal Bank of Louisiana are pleased to announce they have awarded Habitat for Humanity of Calcasieu Area (HFH of Calcasieu) in Lake Charles, Louisiana, a $70,000 Affordable Housing Program (AHP). The grant will assist seven very low-income homeowners in Calcasieu and Beauregard parishes with down payment and closing cost assistance.
Chicago, IL - December 8, 2010 - (RealEstateRama) -- In Chicago Agent’s newly released Chicagoland’s Best Offices 2010 issue, a survey of the magazine’s readers reveals that there are a number of reasons that agents choose one office over another
WASHINGTON, D.C. - December 8, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 3, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 22.8 percent compared with the previous week, which included the Thanksgiving Holiday.
US Labor Department recovers nearly $339,000 in back wages and debars electrical subcontractor for...
NEW YORK, NY - December 8, 2010 - (RealEstateRama) -- The U.S. Department of Labor has recovered nearly $339,000 in back wages for 27 workers employed as electrical mechanics by Sant-Tec Electric Inc., a company incorporated in both New York and New Jersey.
CONSTRUCTION ASSOCIATION LAUNCHES NEW INITIATIVE TO ADDRESS CLIMATE CHANGE BY PUSHING FOR CONSTRUCTION OF...
Associated General Contractors of America Details Measures Needed to Lead to a More Environmentally Friendly Built Environment, Also Outlines Steps Firms Can Take to Operate More
Before you buy your dream house or even your starter home, you will have to pick the lender who will work with you through the process. Of course, the process originates with your real estate agent, though your mortgage lender is just as valuable.
Construction Officials Call for Swift Passage of the Bipartisan Infrastructure Bill, Noting the Measure Will Help Offset Continued Declines in Nonresidential Construction Activity and Create Sector
Self-storage facilities are fast becoming one of the most viable options for Kiwi Millennials to store their overflow of stuff as they transition from one place to another. Storage units are an excellent solution for people looking to save some space in their homes by downsizing their items or store seasonal items.
The way you look at the world can change dramatically depending on what type of windows are in your home. Whether or not they’re a good fit depends largely on individual needs and preferences, but there is no shortage of styles to choose from when it comes to window design!
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.
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 arranged the sale of a single-tenant, net-leased investment occupied
No matter your reasons for selling a home, the process can be a stressful one. You may find it difficult to get the price you’re asking for, especially during the low season or when you want to sell your house quickly.
Standing desks are very popular these days. On the market, there is a wide range of standing desks. However, corner desks with sit-stand incliners were few and far between until recently.
There is a good chance that you have had a few experiences with landlords before you became one yourself. And, unfortunately, many of them might not have been the greatest. Now that it is your turn, you want to make sure that you are good and fair in your endeavors. In case you are curious about how to make this happen, here are the guidelines to follow
Home improvements can improve the value of your property. However, finding the cash to fund the projects can be hard. The most common ways you could do it are discussed below. Read ahead.
As you are well aware, home renovations can actually be more chaotic than a building a house from ground up. This is because in many instances, there are a lot more moving parts to contend with. For one thing, the family is probably still living in the house. And, for another, you have to work around furniture, fixtures, and more.
Owning rental homes has so many responsibilities that the owners often have to look for professional services for successful management. It is more evident for all those owners, who have rented more than one apartment. In San Antonio, many companies provide professional rental management services. However, most of them claim to provide the best service to their clients.
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 arranged
In a new survey of Los Angeles County renters, 49% of households reported that they were unable to pay all of their rent during the pandemic. The study, by researchers from UCLA and the University of Southern California, found the median amount renters owe their landlords is $2,800. That suggests that countywide, tenants owe landlords upwards of $3 billion.
CONSTRUCTION EMPLOYMENT LAGS OR MATCHES PRE-PANDEMIC LEVEL IN 101 METRO AREAS DESPITE HOUSING BOOM...
Houston-The Woodlands-Sugar Land and Odessa, Texas Have Worst 16-Month Construction Job Losses; Chicago Metro Area and Fargo, N.D.-Minn. Top Lists of Metros with Job Gains Since
Record-low inventory in markets across the U.S. made it easy to sell a home in the first half of 2021 — but increasingly harder to find and buy one. That made moving tricky for the 70% of sellers who also needed to buy a home
Kansas Housing Resources Corporation (KHRC), the state’s housing finance agency, has provided $21,670,326.79 in emergency rental and utility assistance to more than 3000 Kansas households experiencing financial hardship as a result of the COVID pandemic.
Automation is happening all over the globe. Many industries are experiencing the benefits that come with moving from manual processes to automated systems. In the real estate industry, automation is helping realtors streamline monotonous tasks, such as administration, bookkeeping, and marketing.
Sales of newly built, single-family homes fell 6.6 percent in June to a 676,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas
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
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
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