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MBA Releases 2010 Commercial/Multifamily Originations Rankings
Washington, DC - April 5, 2011 - (RealEstateRama) -- Wells Fargo Bank was the top commercial/multifamily mortgage originator in 2010, according to a set of listings released today by the Mortgage Bankers Association (MBA). Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; Prudential Mortgage Capital Company; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; PNC Real Estate; Northmarq Capital, LLC; and Berkadia Commercial Mortgage LLC
New Partner Offers Hands-on Training for Homebuyers through Finally Home!® Homebuyer Education
NAMPA, ID - April 5, 2011 - (RealEstateRama) -- Homebuyers in Nampa will soon have the opportunity to become more informed about purchasing a home with the help of Finally Home!® Homebuyer Education. The Nampa Association of REALTORS® is a new regional training partner for the program, and regular classes will be offered in Nampa starting April 16th
SEC Announces Securities Laws Violations by Wachovia Involving Mortgage-Backed Securities
Washington, D.C. - April 5, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today announced that Wells Fargo Securities LLC agreed to settle charges that Wachovia Capital Markets LLC engaged in misconduct in the sale of two collateralized debt obligations (CDOs) tied to the performance of residential mortgage-backed securities as the U.S. housing market was beginning to show signs of distress in late 2006 and early 2007.
South Carolina REALTORS® (SCR) selected as one of the winners of the Gone Google...
COLUMBIA, S.C. - April 5, 2011 - (RealEstateRama) -- Last week, South Carolina REALTORS® (SCR) was named one of the 10 organizations world-wide to win the latest Gone Google advertising contest. Interested organizations were invited to submit written details about the impact that Google Apps for Business has had on their organization and why they believe that they should be featured in a Gone Google ad.
REALTYTRAC UNVEILS NEW SITE FEATURES TO QUICKLY DETERMINE PROPERTY EQUITY AND POSITION OF OUTSTANDING...
IRVINE, CA - April 5, 2011 - (RealEstateRama) -- RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today unveiled new site features that help users quickly see the amount of equity — or negative equity — in a property based on its estimated market value and total outstanding loans, along with a simple list showing the position of those loans.
Green Home Building Continues to Flourish; Passes 10,000 LEED-certified Home Milestone
Washington, DC - April 5, 2011 - (RealEstateRama) -- More than 10,000 homes across the U.S. have earned LEED certification through the LEED for Homes program, according to the U.S. Green Building Council (USGBC). LEED-certified home projects span the residential market, from multi- and single-family, to market rate and affordable housing.
New Homes Strengthen Economy Year-Round
WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- While the housing industry celebrates New Homes Month in April, home builders want Americans to know just how much of a positive, direct impact residential construction has on the U.S. economy throughout the entire year."Home building is a key driver of the American economy," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. "By generating economic activity including new income and jobs, purchases of goods and services, and revenue for local governments, housing—which has historically accounted for around 17 percent of the GDP—can put America back to work."
Pennsylvania Homeowner Assistance Program Offers Useful Lessons on Mortgage Relief
NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Help for Unemployed Borrowers: Lessons from the Pennsylvania Homeowners’ Emergency Mortgage Assistance Program, the latest article in its Current Issues in Economics and Finance series from the Research and Statistics Group.
Governor Shumlin announces $2.4 million in grants
RUTLAND, VT - April 4, 2011 - (RealEstateRama) -- An affordable housing revolving loan program in West Rutland that provides Vermonters with services, technical assistance and loans to rehabilitate their homes will receive a $1 million grant from the state, Gov. Peter Shumlin announced today.
Lt. Gov. Sheehy Previews 2011 Nebraska Infrastructure Protection Conference
Lincoln, Neb. - April 4, 2011 - (RealEstateRama) -- Lt. Gov. Rick Sheehy announced the line-up for the 2011 Nebraska Infrastructure Protection Conference (NIPC). Nebraska businesses and private industry representatives are encouraged to participate ...
NAACP OPENS FINANCIAL FREEDOM CENTER; NEXT PHASE OF PARTNERSIP WITH WELLS FARGO TO PROVIDE...
Washington, DC - April 4, 2011 - (RealEstateRama) -- The NAACP will announce the opening of the NAACP Financial Freedom Center, the next phase of an historic agreement with Wells Fargo & Co. (NYSE: WFC) to provide financial education and banking resources to consumers. The Center will be the headquarters of the NAACP Financial Freedom Campaign, an initiative to influence change in the banking industry, prevent unfair mortgage lending practices, protect the community against predatory mortgage lending practices, improve fair credit access, and promote sustainable homeownership, financial education and wealth building strategies in historically disadvantaged communities. The agreement with Wells Fargo and NAACP was initiated last year, and also includes a process for sharing data, assessing Wells Fargo's lending and servicing practices, and shared accountability for progress.
Fannie Mae Launches “Las Opciones de los Casas” to Educate and Empower Homeowners
WASHINGTON, DC - April 4, 2011 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) today launched "Las Opciones de los Casas," a teleseries for the Spanish-speaking community designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help. Through a partnership with Univision, the teleseries debuted as a television broadcast in Miami on March 28, coinciding with the one-year anniversary of Fannie Mae's South Florida Mortgage Help Center. Las Opciones de Los Casas, part of the Company's "Know Your Options™" initiative to help struggling homeowners, is now available on www.conozcasusopciones.com.
GOVERNOR BROWNBACK PROCLAIMS APRIL FAIR HOUSING MONTH
TOPEKA, KS - April 4, 2011 - (RealEstateRama) -- Marking the 43rd anniversary of the signing of the National Fair Housing Law, Governor Sam Brownback joined Kansas Housing Resources Corporation (KHRC), municipalities and non-profits statewide in proclaiming April Fair Housing Month.
Staybridge Suites Brings New Interior Design Scheme Created by Nation’s Top Design Students to...
ATLANTA, GA - April 4, 2011 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today the openings of three new Staybridge Suites hotels, all featuring the new innovative design created by Savannah College of Art and Design's (SCAD) interior design students. Home to one of the top five interior-design programs in the country, the school partnered with IHG to completely refresh the Staybridge Suites standardized room-décor packages.
RurAL CAP Assumes Responsibilities for Anchorage Weatherization Program
ANCHORAGE, AK - April 4, 2011 - (RealEstateRama) -- Effective today, the Rural Alaska Community Action Program, Inc. (RurAL CAP) will assume administration of Alaska Housing Finance Corporation's weatherization program in Anchorage. The Municipality...
NAR Study Finds Americans Prefer Smart Growth Communities
Washington, DC - April 4, 2011 - (RealEstateRama) -- Americans favor walkable, mixed-use neighborhoods, with 56 percent of respondents preferring smart growth neighborhoods over neighborhoods that require more driving between home, work and recreation. That’s according to a recent study, the Community Preference Survey, by the National Association of REALTORS®.
36 Blue Bell Condominiums up for Auction
BLUE BELL, PA - April 4, 2011 - (RealEstateRama) -- With minimum bids starting at just $75,000, 36 two- and three-bedroom condominiums in Blue Bell, Pa., that had previously been on the market for as much as $301,400 are set to go on the auction block in April.
Jury Convicts District Man of Murder, Obstruction Charges
WASHINGTON, DC - April 4, 2011 - (RealEstateRama) -- Alfred Evans, 28, of Washington, D.C., was convicted by a jury today of charges stemming from the April 2003 murder of Reginald Brighthart, a 35-year-old homeless man, U.S. Attorney Ronald C. Machen Jr. announced.
Economic Reinvention “A Must, Not An Option” In the New Era of City Building:...
WASHINGTON, DC - April 4, 2011 - (RealEstateRama) -- Positioning a city as progressive and innovative in the post-recession economy is, perhaps more than ever before, requiring public officials to “think and act like entrepreneurs” to maximize the economic development potential of anchor institutions such as higher education and medical facilities, alternative energy-related industries, and biotechnology firms, according to a new report from the Urban Land Institute (ULI).
OBAMA ADMINISTRATION RELEASES MARCH HOUSING SCORECARD
WASHINGTON, DC - April 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the March edition of the Obama Administration's Housing Scorecard. Officials caution that the latest housing figures underscore fragility in the housing market and the need to continue efforts to help American families stay in their homes. The housing scorecard is a comprehensive report on the nation’s housing market
U.S. National
New Warnock Report Finds Trump Admin Delaying Nearly $500 Million in Disaster Aid for...
U.S. Senator Reverend Raphael Warnock (D-GA) released a new report that shows nearly $500 million in promised federal funding for Hurricane Helene recovery efforts remains unpaid. The funding, part of a disaster recovery bill championed by Senator Warnock in 2024, is meant to reimburse local communities for funds spent on recovery.
Mayor Bowser to Celebrate 25th Anniversary of V-Tech Solutions and Grand Opening of the...
On Friday, September 26 at 1 pm, Mayor Muriel Bowser will join local leaders, business partners, and community members to celebrate the 25th anniversary of V-Tech Solutions, Inc. and the
New Home Sales Post Unexpected Large Gain in August
A modest drop in mortgage rates led to a surprisingly large jump in new home sales in August that could be revised lower next month. Sales of newly built single-family homes jumped 20.5% higher in August, to a seasonally adjusted annual rate of 800,000
Home Termite Prevention: What You Need to Know
Termites can wreak havoc on homes, often causing significant structural damage before their presence is detected. Staying ahead of them requires vigilance, preventive measures, and
Civil Rights Coalition Denounces HUD’s Abdication of its Fair Housing Obligations
The following civil and human rights organizations registered their dismay at facts revealed in a whistleblower complaint filed by five employees working at the U.S. Department of Housing and Urban Development (HUD). The groups also pledged their support for the brave employees who have filed this alarming complaint.
28 Housing Leaders Urge Senate to Advance Bipartisan ROAD to Housing Act
A group of 28 affordable housing leaders and housing industry trade organizations joined together to urge Senate leaders to bring the ROAD to Housing Act (S. 2651) to the floor for full
NAR Pending Home Sales Report Shows 4.0% Increase in August
Pending home sales in August increased by 4.0% from the prior month and rose 3.8% year-over-year, according to the National Association of REALTORS® Pending Home Sales Report. The
Sullivan Welcomes $183.4 Million in Federal Highway Funds to Alaska DOT
U.S. Senator Dan Sullivan (R-Alaska) welcomed the announcement that the U.S. Department of Transportation (DOT), through the Federal Highway Administration, has redistributed a
New York City Public Housing Preservation Trust Announces Design-Build Team for $93 Million Modernization...
The New York City Public Housing Preservation Trust (the Trust) today announced that a contract has been executed with the design-build team, Fifth Avenue Builders (FAB), that will perform over $93 million of renovation work in apartments and shared spaces at Bronx River Addition in the borough’s Soundview neighborhood.
EPA Orders Construction Company to Comply with Clean Water Act in St. Croix, USVI
U.S. Environmental Protection Agency (EPA) announced that is has required Chitolie Trucking Service, LLC to comply with the Clean Water Act (CWA) after identifying deficiencies in how it
Cassidy Announces Over $22.5 Million for Louis Armstrong New Orleans International Airport Runway Upgrades
U.S. Senator Bill Cassidy, M.D. (R-LA) announced Louisiana will receive $22,539,337.00 from the Federal Aviation Administration
VA awards $84M in grants to fight Veteran homelessness
The Department of Veterans Affairs today announced $84 million in grants to 176 organizations across the country to help Veterans who are homeless or at risk of becoming homeless. $42 million in grants will cover legal services and another $42 million in
HUD Secretary Scott Turner Hosts Tribal Intergovernmental Advisory Committee and Announces National Tribal Housing...
The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner recently hosted HUD's Tribal
Why a Builders Report Matters Before Buying Property
Have you ever thought about how people make sure a property is safe and reliable before buying it? For most families, purchasing a home or an investment property is one of the biggest financial
NLIHC President and CEO Renee M. Willis Statement on White House Announcement to Raid...
"The National Low Income Housing Coalition (NLIHC) strongly condemns President Donald Trump’s announcement today to remove people experiencing homelessness from Washington, D.C.
Commercial and Multifamily Mortgage Debt Outstanding Increased in Second-Quarter 2025
The level of commercial/multifamily mortgage debt outstanding increased by $47.1 billion (1.0 percent) in the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA)
Pressley, Community Partners Celebrate $425K Delivered for Childcare at Boston Chinatown Neighborhood Center
With Trump Admin. Attacking Head Start and Gutting Essential Resources, Federal Funding Secured by Pressley Will Support
Nearly $48 Million Approved to Support Disaster Recovery
FEMA announced nearly $48 million in additional funding for 46 North Carolina Tropical Storm Helene and other disaster recovery projects. This includes 31 newly approved projects, as well as 18
Durbin, Cleaver Introduce The Spur Housing Act To Increase Housing Supply And Economic Development
U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Representative Emanuel Cleaver, II (D-MO-05), Ranking Member
Housing Starts Remain Soft Ahead of Fed Meeting
Challenging affordability conditions continue to act as headwinds for the housing sector, but the industry could see lower interest rates in the near future with the Federal Reserve expected to cut
U.S. States
President Donald J. Trump Approves Emergency Disaster Declaration for 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 Fire Management Assistance Granted for the Numbers Fire
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.
How Much Does It Cost To Start An LLC In Texas?
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
5 Benefits Of Using A Registered Agent In 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
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.
Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF
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
Rosenberg family home for the holidays – and prepared for future hurricanes
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...
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
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
Charleston South Carolina expected to outpace national real estate market averages through 2025
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
WHAT IS THE EVICTION PROCESS IN 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 Offers Free Rebuilding Tips at Local Home Improvement Stores
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
Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...
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 in the US
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.
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
HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...
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
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
NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY
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
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
SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...
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
New Home Sales Decline in May
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.
$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving
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.
Port Aransas ready for return of summer tourism
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: Five Months, Eight Major Awards
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
Should I Rent Out my Property on Airbnb?
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.
VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers
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.
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
NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE
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