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ADMINISTRATION PROPOSALS COULD THREATEN CONSUMER ACCESS TO SAFE, AFFORDABLE HOMEOWNERSHIP
Washington, D.C. - February 11, 2011 - (RealEstateRama) — The Administration’s options for mortgage finance reform released today include choices that could threaten consumers’ access to affordable mortgage credit to buy homes by severely constricting the government’s historic role in supporting affordable, long term credit, and on shifting control of the mortgage market to Wall Street banks and investors whose previous missteps have already caused massive foreclosures and losses for consumers and communities
JOHNSON STATEMENT ON HOUSING FINANCE REPORT
WASHINGTON, DC - February 11, 2011 - (RealEstateRama) — Today, Senate Banking Committee Chairman Tim Johnson (D-SD) issued the following statement on the housing finance report released by the Treasury Department and the Department of Housing and Urban Development.
ICBA: Housing Finance Reform Must Allow Community Banks to Continue Serving Main Street
Washington, D.C. - February 11, 2011 - (RealEstateRama) — The Independent Community Bankers of America (ICBA) today said that the nation’s housing finance system must continue to provide a variety of finance options to meet the needs of different consumers, housing types and locations. Following the release of the Obama administration’s plan on housing finance, ICBA reminded policymakers that a stable secondary market for residential mortgages is essential to community banks and Main Street America, while also stressing completely privatizing the secondary mortgage market would have ruinous effects both on community banks and the customers they serve.
CB RICHARD ELLIS CAPITAL MARKETS ANNOUNCES ADDITIONAL LEADERSHIP ENHANCEMENTS
Los Angeles, CA - February 11, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced the promotions of Michael J. Riccio and Mitchell W. Kiffe to Senior Managing Director, Capital Markets, reflecting their expanded responsibilities as Co-Heads of Production for CBRE’s Debt & Equity Finance practice. In his new role, Mr. Riccio will focus on expanding life company correspondent and lender relationships while remaining the northeast Debt & Equity Finance regional leader and continuing to serve long-standing institutional accounts. Mr. Kiffe will continue his multi-family market focus while also seeking to enhance CBRE’s collaboration with Freddie Mac, Fannie Mae and the FHA as well as other capital sources
National Housing Trust Fund Campaign Applauds Administration’s Report on Federal Housing Finance Reform
February 14, 2011 - (RealEstateRama) -- The Obama Administration’s report to Congress on “Reforming America’s Housing Finance Market” proposes important measures to address the long-neglected shortage of rental housing that is affordable for the lowest income Americans
MBA Calls for Extension and Improvements for HARP Program
February 11, 2011 - (RealEstateRama) -- On Thursday, February 10, 2011, the Mortgage Bankers Association (MBA) submitted the attached comment letter to Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) calling for an extension of the Home Affordable Refinance Program (HARP) that allows underwater borrowers who loans are owned by Fannie Mae and Freddie Mac, and who are current on their mortgages, to take advantage of the current low interest rates to refinance their loans. MBA recommends that the program, currently slated to expire at the end of June, be extended to the end of December, 2012 to coincide with the expiration of the Home Affordable Modification Program (HAMP)
MBA’s Comment on Administration’s White Paper on Government Role in the Secondary Mortgage Market
WASHINGTON, D.C. - February 11, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association (MBA), today issued the following statement in response to the Obama Administration’s release of a white paper outlining potential approaches to reforming the government’s role in the secondary mortgage market.
Statement By Freddie Mac CEO Charles E. Haldeman, Jr. on the Administration’s Report on...
McLean, VA – The Administration should be commended for the considerable thought and effort it put into its plan to reform America's housing finance system. Clearly they understand the key issues and the need for private sector capital to return to the housing market. We at Freddie Mac will continue enhancing our infrastructure, business processes and technology to become the kind of stronger, more efficient company that can play a productive role no matter what policymakers decide about our future
VA & HUD Issue First-Ever Report on Homeless Veterans
WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- For the first time, the Department of Veterans Affairs (VA) and the Department of Housing and Urban Development today published the most authoritative analysis of the extent and nature of homelessness among Veterans. According to HUD and VA’s assessment, nearly 76,000 Veterans were homeless on a given night in 2009 while roughly 136,000 Veterans spent at least one night in a shelter during that year.
Foreclosure-Response.org Team Releases Latest Data on Serious Delinquency and Foreclosure Rates for All 366...
Washington, DC - February 10, 2011 - (RealEstateRama) -- The three co-creators of Foreclosure-Response.org – the Urban Institute, the Center for Housing Policy, and Local Initiatives Support Corporation (LISC) – have compiled and released the newest data on seriously delinquent mortgages for all 366 U.S. metro areas.
55+ Housing Ends 2010 in Slump
WASHINGTON, D.C. - February 10, 2011 - (RealEstateRama) -- Home builder sentiment for the mature-market sector retreated in the last quarter of 2010 when compared to the same period a year earlier. The National Association of Home Builders' 55+ Housing Market Index for single-family homes dropped three points to 14 from a year ago following annual declines in the second and third quarters of 2010."The normal course of purchasing a new home in anticipation of or upon entering retirement has been interrupted by the fall in Baby Boomers' house values and reduction in their home equity," said NAHB Chief Economist David Crowe.
HUD AND VA ISSUE FIRST-EVER REPORT ON VETERAN HOMELESSNESS IN AMERICA
WASHINGTON, DC - February 10, 2011 - (RealEstateRama) -- For the first time ever, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today published the most authoritative analysis of the extent and nature of homelessness among American veterans. According to HUD and VA’s assessment, nearly 76,000 veterans were homeless on a given night in 2009 while roughly 136,000 veterans spent at least one night in a shelter during that year.
FTC’s Mortgage Assistance Relief Services Advance Fee Ban Takes Effect
WASHINGTON, D.C. - February 10, 2011 - (RealEstateRama) -- The advance fee ban under the FTC’s Mortgage Assistance Relief Services (MARS) Rule is designed to protect financially distressed homeowners from mortgage relief scams that have sprung up during the mortgage crisis.
Deadline for real property taxes extended to Feb. 22
L?HU‘E, HI - February 10, 2011 - (RealEstateRama) -- Because the normal deadline for real property taxes fall on Sunday, Feb. 20 and Monday, Feb. 21 is President’s Day, Kaua'i property owners have until Tuesday, Feb. 22 to pay the second installment of real property taxes for the 2010-2011 tax year without penalty
FCIC Commission Report: A Test Of Our Moral Fitness to Survive
(LPAC) - February 10, 2011 - (RealEstateRama) -- Congressional candidate and LaRouche PAC organizer Kesha Rogers, who is running in Houston, TX as part of a six person national slate of LaRouche Democrats, issued the following statement today
Enterprise Named Freddie Mac Targeted Affordable Housing Lender
Columbia, MD - February 10, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise ), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf.
30-Year Fixed-Rate Mortgage Rates Rise to 5.05 Percent Highest Level Since April 2010
McLean, VA - February 10, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows long- and short-term rates rising this week.
GSE Structures Must Protect Taxpayers and Ensure Mortgage Availability, Says NAR
WASHINGTON, DC - February 10, 2011 - (RealEstateRama) -- Continued government participation in the secondary mortgage market is essential to ensuring affordable and available home mortgages to qualified consumers when private lenders withdraw from the market, according to the National Association of Realtors®’ recommendations for restructuring the government-sponsored enterprises (GSEs)
Home Price Stabilization Seen in Most Metro Areas during Fourth Quarter, Sales Up
Washington, DC - February 10, 2011 - (RealEstateRama) -- Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®.
Home Builders Call on Congress to Repeal Burdensome and Costly 1099 Reporting Requirements
WASHINGTON, D.C. - February 10, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) called on Congress today to repeal all new expanded 1099 reporting requirements imposed in recent laws that will harm job creation and place a major paperwork and cost burden on the nation's small businesses.Testifying on behalf of NAHB before the House Small Business Committee, Mike Kegley, a builder from Union, Ky., and president of the Home Builders Association of Kentucky, told lawmakers that the collection of W-9 forms, monitoring payments over the course of a year, and additional staff time will cost individual small businesses thousands of dollars per year
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RatePlug Launches Afordal: First Integration of Home Search, Mortgage Rates, Pre-approval and Special Financing...
RatePlug Launches Afordal: First Integration of Home Search, Mortgage Rates, Pre-approval and Special Financing Options
Edison Grand Apartments Shares Ways to Decorate a Luxury Apartment Rental on a Budget
Edison Grand Apartments suggests that moving into a luxury apartment rental often feels like a dream come true. High-end
Rep. Chu Urges FEMA to Conduct Soil Testing and Remediation in LA Fire Burn...
Congresswoman Judy Chu (CA-28) led 27 California Delegation Members in a letter sent to the Federal Emergency Management Agency (FEMA) urging the agency to conduct comprehensive soil testing and establish a remediation program for properties impacted by the devastating Eaton and Palisades Fires in Los Angeles County.
HUD’s Innovative Housing Showcase “The American Home is the American Dream” Returns to the...
Secretary Scott Turner announced the return of the U.S. Department of Housing and Urban Development (HUD)’s Innovative
Investing in warmer social homes could save NHS £85 million a year, says CIH
New analysis from CIH shows that reaching EPC Band C in social housing would save the NHS over £85 million per year from 2030. CIH is calling on the government to invest a minimum of £5 billion in retrofitting social housing at the forthcoming Spending Review to help realise these savings
Commercial and Multifamily Mortgage Delinquency Rates Increased in First-Quarter 2025
Commercial mortgage delinquencies increased in the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA)
Pending Home Sales Declined 6.3% in April
Pending home sales decreased 6.3% in April, according to the National Association of REALTORS®. All four U.S. regions experienced month-over-month losses in transactions. Year-over-year, contract signings rose in the Midwest but descended in the
CONSTRUCTION SPENDING DECREASES BY 0.4 PERCENT FROM MARCH TO APRIL AND 0.5 PERCENT OVER...
Private Nonresidential Investment and Homebuilding Decline as Uncertainty over Tariffs and Trade Friction Keeps Contractors and
THE MILLIONAIRE’S BLUEPRINT: HOW THE TOP 5% CREATE WEALTH WHILE EVERYONE ELSE WORKS FOR...
The strategic process of buying 2nd property in Singapore represents the critical inflection point where ordinary income-earners separate themselves from true wealth builders who understand the power of leverage and asset acquisition. I'm going to be BRUTALLY HONEST with you—while most people are obsessing over saving a few percentage points on their mortgage interest rate
Congressman Cleaver Awarded 2025 Shirley Chisholm Award for Housing by National Urban League
U.S. Representative Emanuel Cleaver has been awarded the 2025 Shirley Chisholm Award for Housing by the National Urban
NHC President & CEO David Dworkin strongly supports housing provisions in the House Ways...
David M. Dworkin, President and CEO of the National Housing Conference (NHC), released the following statement in response
EPA to Provide Nearly $1 Million to Mid-Atlantic States to Protect Beachgoers from Bacteria
The U.S. Environmental Protection Agency will provide to the states of Delaware, Maryland, Pennsylvania, and Virginia a total of $962,000 in grant funding to monitor water quality at coastal and
Rep. Judy Chu Hosts Wildfire Housing Roundtable and Press Conference
Rep. Judy Chu (CA-28) hosted a wildfire recovery housing roundtable and press conference to address the housing needs of survivors displaced by January’s devastating Eaton Fire. The roundtable brought together local nonprofits, housing advocates, and government officials from every level to discuss obstacles her constituents are facing in finding stable, affordable housing in their own communities.
NYCHA Releases New Solicitation to Install 2.9 Megawatts of Community Solar on 73 Buildings...
The New York City Housing Authority (NYCHA) announced the release of a new solicitation under the Accelerating Community Empowered Shared Solar (ACCESSolar) program, which develops community solar projects on NYCHA properties.
Income Growth Helps Mute Existing Affordability Constraints
Despite solid income gains and lower home prices, Americans still continue to face major housing affordability challenges, according to the latest data from the National Association of Home Builders
LaHood Votes to Deliver on Republicans’ Promises to the American People
Congressman Darin LaHood (IL-16) voted in support of H.R. 1, the One Big Beautiful Bill Act, that will deliver on the promises House Republicans made to the American people.
Energy Department Removes Barriers for American Energy Producers, Unleashing Investment in Domestic Hydrogen
The U.S. Department of Energy’s (DOE) Hydrogen and Fuel Cell Technologies Office today removed barriers for the American
HUD and Census Bureau Report New Residential Sales in April 2025
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2025:
Ocusell Partners with Restb.ai to Enhance FMLS Listings with Built-In AI
Ocusell, a leading proptech innovator, today announced a strategic partnership with Restb.ai, the real estate industry’s leader in AI-powered computer vision technology. This
U.S. House Prices Rise 4.0 Percent over the Prior Year; Up 0.7 Percent from...
U.S. house prices rose 4.0 percent between the first quarter of 2024 and the first quarter of 2025, according to the U.S. Federal Housing (FHFA) House Price Index (FHFA HPI®). House prices for
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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
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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