Thursday, April 18, 2024
RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

All USA


President signs mortgage forgiveness bill

President Bush signed a bill Thursday that would temporarily change the tax code so that when lenders adjust the terms of a mortgage loan, the forgiven debt will not be treated as taxable income.

The Beehive Helps Vulnerable and First-Time Homebuyers Buy Smart & Fight Foreclosure

WASHINGTON, Dec. 19 /PRNewswire/ -- Increasing rates of homeownership is good for everybody -- boosting neighborhood investment, building assets, and strengthening community ties. At a time when working families across the country are losing their homes at an astounding pace, homeowners and prospective buyers need help to navigate this increasingly complicated process.

Interest rate freeze noted to help borrowers

Treasury Secretary Henry Paulson said Tuesday that fast-tracking struggling mortgage holders into mortgage modifications is one of the actions the Treasury is facilitating to reduce foreclosures.

Different Solution to Mortgage Crisis Needed

COLLEGE STATION, Tex. – Dec. 18, 2007 – The five-year freeze on mortgage interest rates recently announced by the federal government may be intended to help responsible homeowners avoid foreclosure, but a noted economist with the Real Estate Center at Texas A&M University says there may be a better solution to the mortgage crisis.

FORECLOSURE ACTIVITY DECREASES 10 PERCENT IN NOVEMBER

IRVINE, Calif. – Dec. 19, 2007 – RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its November 2007 U.S. Foreclosure Market Report, which shows a total of 201,950 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported during the month, down 10 percent from the previous month but still up nearly 68 percent from November 2006.

Commercial Real Estate Fundamentals Are Sound But Investment Slowing

WASHINGTON, December 19, 2007 - The fundamentals in commercial real estate remain healthy with only slight increases in vacancy rates expected for the office and industrial sectors during 2008, although credit restrictions have recently slowed overall investment activity, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors

Realtors(R) Urge President To Sign Tax Relief Bill Quickly To Ease Foreclosure Burdens

WASHINGTON, December 18, 2007 - Many families and individuals are one step closer to seeing tax relief, thanks to the passage of the Mortgage Cancellation Tax Relief Act by the U.S. Senate and House of Representatives, according to the National Association of Realtors

Federal Reserve Would Allow Reckless Lending to Continue

The Federal Reserve Board (FRB) is uniquely positioned to restore confidence in the housing market because it is the one federal agency with the authority to set standards for all home loan originators. Unfortunately, the proposed rules issued by the FRB today represent yet another missed opportunity for the agency to rein in practices that have hurt millions of American families.

FHLBank Pittsburgh Awards $8.9 Million in Grants: 30 Projects with Nearly 1,000 Units of...

PITTSBURGH, PA - December 18, 2007 - The Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) has approved more than $8.9 million in grants under its Affordable Housing Program (AHP). The grants will help finance 30 housing projects across Delaware, Kentucky, New Jersey, Pennsylvania, Rhode Island and West Virginia, creating 987 units of housing with total development costs of more than $157 million.

Bill To Ease Foreclosure Crisis Passes Senate

WASHINGTON, D.C. - December 14, 2007 - Today, the U.S. Senate passed S.2338, legislation aimed at resetting interest rates to refinance without the usual burdens associated with a Federal Housing Administration (FHA) loan, by a vote of 93 to 1. Much of the bill language was taken from the Expanding American Homeownership Act of 2007 – legislation introduced by U.S. Senator George V. Voinovich (R-OH) last month in order to spur action by the Senate to help ease the foreclosure crisis and increase homeownership opportunities for millions of American first-time home buyers

Frank, others prod Fed on subprime lending

Dec. 14, 2007 - The Federal Reserve Board should bar prepayment penalties for subprime loans and limit the size and duration of any remaining prepayment penalties, 19 Democratic House Financial Services Committee members said in a letter yesterday to Fed Chairman Ben Bernanke.

Senate mortgage reform bill out

Dec. 14, 2007 - A Senate counterpart to the House-passed H.R. 3915 was introduced late Wednesday by Senate Majority Leader Harry Reid, D-Nev., on behalf of Senate Banking Chairman Chris Dodd, D-Conn., and a dozen more panel members.

7 Tips for Selling a Home Faster and for More

Online real estate firm Redfin offers seven recommendations for selling a home faster and for more money.

FHA Legislative Will Help Homeowners, Economy, Says NAR

WASHINGTON, December 14, 2007 - The FHA Modernization Act of 2007, passed today by the U.S. Senate, would help protect the interest of America’s current and future homeowners by giving borrowers a safer alternative to riskier mortgage products while also helping many homeowners who may be facing foreclosure, according to the National Association of Realtors

Hitwise Ranks REALTOR.com as Top Real Estate Search Term

LOS ANGELES, Dec. 13 /PRNewswire-FirstCall/ -- Hitwise, a leading online competitive intelligence service, ranked REALTOR.com as the number one search term used in the real estate industry category during the month of November (1). REALTOR.com accounted for 1.56% of all searches on the Internet in the real estate category, far exceeding the next closest ranking term that captured .91% of all searches in November.

Best Blue-Chip Real Estate Investments

While gambles on up-and-coming neighborhoods and new developments paid off for many real estate investors during the boom, housing markets across the country are now awash with unsold condos and suffering from sluggish sales.

Fed Pumps Up Banking System to Treat Credit Crunch

The Federal Reserve announced an agreement Wednesday with four foreign central banks to inject billions of dollars into the world’s financial system to make more money available for big banks to lend to smaller ones.

Wachovia Ranks Highest In Primary Mortgage Loan Originations According To J.D. Power And Associates...

CHARLOTTE, N.C. - December 13, 2007 - Wachovia Bank is ranked highest in customer satisfaction for primary mortgage loan originations in 2007, according to the 2007 Primary Mortgage Origination Study.

Justice Department Obtains Court Approval to Distribute $700,000 in Fair Housing Lawsuit

WASHINGTON – The Justice Department today announced that it had obtained approval from the United States District Court for the Eastern District of Michigan to distribute $700,000 in monetary damages to 37 persons with disabilities pursuant to the consent decree entered in United States v. Edward Rose and Sons, et al., a case that was resolved by a consent decree entered in the Eastern District of Michigan in September 2005.

Behringer Harvard Completes Acquisition of IPC US REIT Subsidiaries

ALLAS, Dec. 12 /PRNewswire/ -- Behringer Harvard announced today that it has closed on the previously announced acquisition of publicly traded IPC US REIT and its portfolio of 34 U.S. office properties. The transaction, valued at approximately $1.4 billion, includes all of Toronto-based IPC US REIT's subsidiaries at a purchase price of $9.75 per unit, of which approximately $600 million is equity and $800 million is outstanding debt.

U.S. National


Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees

National
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Congressman Ruben Gallego

NEW GALLEGO BILL INCREASES SOCIAL SECURITY BENEFITS FOR SENIORS

National
Rep. Ruben Gallego (AZ-03) introduced the Boosting Benefits and COLAs for Seniors Act, legislation that changes the calculations for Social Security cost of living adjustments (COLAs) to more
HUD - U.S. Department of Housing and Urban Development

HUD Takes a Major Step to Boost Homeownership in Tribal Communities

National
The U.S. Department of Housing and Urban Development (HUD) announced a final rule that will increase lender participation in the Section 184 Indian Housing Loan Guarantee (Section 184)

CONSUMER ALERT: THE NEW YORK DEPARTMENT OF STATE’S DIVISION OF CONSUMER PROTECTION REMINDS NEW...

National
For this week’s “Tuesday’s Tips,” the New York Department of State’s Division of Consumer Protection is sharing tips to help New Yorkers identify and avoid rental scams. Rental scams are executed in a variety of different ways, but the goal is the same: bilk potential tenants out of as much money as possible or steal their personal information.
Senator Bill Cassidy

CASSIDY DEMANDS CONGRESS KEEP FLOOD INSURANCE AFFORDABLE

National
U.S. Senator Bill Cassidy, M.D. (R-LA) today delivered a speech on the U.S. Senate floor demanding Congress take action to ensure the National Flood Insurance Program (NFIP) remains affordable
FEMA

Disaster Recovery Center Opens in Washington County

National
The State of Maine and FEMA have opened a Disaster Recovery Center (DRC) in Washington County. The DRC is a temporary facility established to help survivors recover from the severe

Sustainable Practices in Modern Asphalt Production and Paving

National
Asphalt production is a critical aspect of our built environment. It's the material we use to pave roads, construct driveways, lay airport runways, and create pathways in public parks. Manufacturing asphalt involves heating and combining aggregates, like sand or gravel, with binders, such as bitumen, to create a versatile and durable construction material.

Transforming Your Oasis: Navigating Current Bathroom Remodeling Trends

National
The latest trends in bathroom remodeling showcase a deliberate blend of beauty and practicality. Homeowners are seeking spaces that cater to essential functions and provide a comfort level that befits the modern lifestyle. Spaces are designed to be zones of relaxation - a place to unwind after a long day or to energize and prepare for the day ahead

Paterson Youth Council to Host Financial Literacy Day at John F. Kennedy High School

National
In celebration of National Financial Literacy Month this April, NJCDC’s Paterson Youth Council is hosting a Financial Literacy Day event at John F. Kennedy High School this Tuesday. Paterson Youth Council members will be joined by volunteers from local financial institutions to teach JFK students about different financial literacy topics.

NAREB NATIONAL BUILDING BLACK WEALTH DAY ATTRACTED OVER 25,000 PEOPLE AT EVENTS ACROSS THE...

National
On Saturday, April 13, more than 25,000 individuals flocked to events nationwide, marking the National Building Black Wealth Day as designated by the National Association of Real Estate Brokers (NAREB). In over 100 cities, seminars and one-on-one sessions delved into a wide range of topics, from homeownership and property investment to business startups and other wealth-building opportunities.

Estate Lots: Tailoring Your Dream Home in a Tranquil Setting

National
Discover the allure of estate lots and how they provide the perfect canvas for tailoring your dream home in a tranquil setting. Explore the benefits of owning an estate lot and learn how you can create your own slice of paradise amidst serene surroundings.

Maximizing Returns on Your Real Estate Investments: Tips For Effective Property Management

National
Investing in real estate is a smart way to grow your money, but it's not just about buying property and hoping for the best. Effective property management is key to maximizing your returns and ensuring your investment pays off. 

Effective Marketing Strategies for Spring Rentals: Attracting Seasonal & Year-Round Tenants

National
Spring brings fresh opportunities for property owners to attract seasonal and year-round tenants. This period is crucial for making your rental stand out in a crowded market. But how do you ensure your property catches the eye of potential renters?
MBA

Mortgage Credit Availability Increased in March

National
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.

Investing in Tomorrow: Clean Energy as the Path to Prosperity for All

National
On Earth Day 1993, I delivered the first major speech of my life. It was in New York City’s Bryant Park, kicking off a nationwide tour to rally opposition to the passage of the North American Free Trade Agreement (NAFTA).
DC Department of Housing and Community Development

Statement from DHCD on Passage of Bill to Support Talbert Street Homeowners

National
The Council of the District of Columbia passed the “Relief for River East at Grandview Condominium Owners Emergency Act of 2024,” which includes critical supports for homeowners of River East at Grandview Estates, also known as Talbert Street.
U.S. Department of the Treasury

Remarks by Deputy Secretary of the Treasury Wally Adeyemo at Good Jobs Solar Summit

National
Thank you, General President Booker, and thank you to LiUNA, IBEW and IUOE for inviting me to join you today in recognition of the unprecedented growth we’re seeing across the solar industry and the
NAR

National Association of Realtors® Announces Partnership With SoFi

National
The National Association of Realtors® today announced SoFi as a new partner with NAR REALTOR Benefits®. As part of the agreement, NAR members and their clients can receive exclusive

Black Women Contractors Request House of Representative Minority Leader Congressman Hakeem Jeffries to Demand...

National
Ann McNeill, Founder and Chair, National Association of Black Women in Construction (NABWIC), authored a letter to the House of Representatives Minority Leader, Congressman Hakeem Jeffries to demand mandatory, equitable contracting goals in US DOT surface transportation contract awards.
Congressman Scott Fitzgerald

Fitzgerald Introduces Bill to Codify Credit Reporting Practices for Homebuyers

National
Congressman Scott Fitzgerald (WI-05) released the following statement after introducing the Accurate Credit Reporting for Homebuyers Act, a bill to codify the long-standing requirement

U.S. States


FEMA

President Donald J. Trump Approves Emergency Disaster Declaration for Texas

Texas
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
FEMA

FEMA Fire Management Assistance Granted for the Numbers Fire

California
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.
Start An LLC In Texas

How Much Does It Cost To Start An LLC In Texas?

National
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
Registered Agent In Texas

5 Benefits Of Using A Registered Agent In Texas

Texas
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 

Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
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.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
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
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
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.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
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.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
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
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
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
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
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.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
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
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
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
Top 4 Places to Buy a Second Home

Top 4 Places to Buy a Second Home in the US

National
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
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
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
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

BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE

California
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
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
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

NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY

New York
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.

Robust U.S economy not a boost for black homeownership

National
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

Popular


AGC

SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...

National
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
NAHB

New Home Sales Decline in May

National
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.
DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
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.
FEMA

Port Aransas ready for return of summer tourism

Texas
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 - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
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
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
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.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
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
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
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.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
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.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

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
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
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

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

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.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“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

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

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

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.