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Realtors® Oppose High Down Payment Requirement for Qualified Residential Mortgage Exemption
Washington, DC - March 30, 2011 - (RealEstateRama) -- High down payment requirements being proposed by federal regulatory agencies as part of the upcoming rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act will unnecessarily burden homebuyers and significantly impede the economic and housing recovery, according to the National Association of Realtors®
Twenty Percent Downpayment Rule Would Disrupt First-time Home Buyer Market
WASHINGTON, D.C. - March 30, 2011 - (RealEstateRama) -- A plan unveiled today by the Federal Deposit Insurance Corp. that would require a minimum 20 percent down payment for "qualified residential mortgages" would disrupt the housing market and jeopardize the economic recovery, according to the National Association of Home Builders (NAHB).
Colorado Springs online real estate search simplified with custom IDX solution of Angela Byrne
EUGENE, OR - March 30, 2011 - (RealEstateRama) -- Colorado Springs, Colorado real estate professional Angela Byrne has revolutionized her website with the dynamic IDX Broker software. She now hosts thousands of property listings directly on her website...
Statement from NAHB on Proposals to Eliminate the Role of the GSEs in the...
WASHINGTON, D.C. - March 30, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., today issued the following statement on legislative proposals by Congressional leaders to effectively eliminate the role of the GSEs in the U.S. mortgage market:“The National Association of Home Builders strongly supports efforts to modernize the nation’s housing finance system, including reforms to the government sponsored enterprises Fannie Mae and Freddie Mac. We can’t go back to the system that existed before the Great Recession, but it is critical that any reforms be well-conceived, orderly and phased in over time.
Westwood Financial Corp. Opens Atlanta Office
Torrance, CA - March 30, 2011 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., announces the opening of a new management office in Atlanta. The move will help Westwood Financial reach its goal of doubling its Georgia retail portfolio over the next five years as the company continues to expand its portfolio through the Southeastern U.S.
Pocatello area REALTORS® and Lenders to be Honored at STAR Luncheon
POCATELLO, ID - March 29, 2011 - (RealEstateRama) -- Seventy-five Pocatello area REALTORS® are preparing to shine at a luncheon being held in their honor on Thursday, March 31st. The Saluting Top Area REALTORS® (“STAR”) Awards will be given out during the IdaMortgage Appreciation Luncheon. Hosted by Idaho Housing and Finance Association (IHFA), the event starts at noon at the Juniper Hills Country Club in Pocatello.
Shelby: Congress Needs to Do Its Homework on Housing Reform
March 29, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on the consideration of proposals to reform the housing finance system
HUD ASSUMES CONTROL OF LAFAYETTE, LOUISIANA HOUSING AUTHORITY
WASHINGTON, DC - March 29, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that, effectively immediately, it is taking control of the Housing Authority of the City of Lafayette (HACL), citing num...
MBA’s Berman Testifies on Housing Finance Reform
WASHINGTON, D.C. - March 29, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the Senate Banking Committee at hearing titled, “Public Proposals for the Housing Finance System.”
ASHI Deems April National Home Inspection Month
DES PLAINES, IL - March 29, 2011 - (RealEstateRama) -- Whether you are planning to take advantage of the buyer's market this Spring, are looking to sell or rent or expecting to stay in your current home for years to come, now is a great time to schedule a home inspection. According to the American Society of Home Inspectors (ASHI), April is National Home Inspection Month and the association is reminding consumers about the importance of hiring a certified home inspector.
National Green Building Conference to Showcase the Latest in Green Products and Services
WASHINGTON, D.C. - March 29, 2011 - (RealEstateRama) -- Housing professionals from across the country will convene at the Salt Palace Convention Center in Salt Lake City, Utah, May 1-3, for the 2011 National Green Building Conference and Expo. Exhibitors showcasing the latest and most innovative green and energy efficient products and services will be on display.Here are just some of the many exciting green innovations that building professionals will see at the upcoming show
Two District Teenagers Plead Guilty to Burglary Charges
WASHINGTON, DC - March 29, 2011 - (RealEstateRama) -- Jaquan Bragg and Tavon Barber, both 16 and both from Washington, D.C., have pleaded guilty to charges stemming from a recent burglary in Northwest Washington, U.S. Attorney Ronald C. Machen Jr. announced.
AGENCIES ANNOUNCE CONSIDERATION OF RISK RETENTION NOTICE OF PROPOSED RULEMAKING
WASHINGTON, D.C. - March 29, 2011 - (RealEstateRama) -- The staffs of the Office of the Comptroller of the Currency, the Federal Reserve, the Federal Deposit Insurance Corporation, the U.S. Securities and Exchange Commission, the Federal Housing Finance Agency, and the Department of Housing and Urban Development (together, the agencies) announced that the agencies this week are considering for approval a notice of proposed rulemaking that addresses section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Jones Lang LaSalle Named to 2011’s ‘World’s Most Ethical Companies’ List by Ethisphere Institute...
Chicago, IL - March 29, 2011 - (RealEstateRama) -- Jones Lang LaSalle, the global financial and professional services firm specializing in real estate, has been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for 2011.
Federal Housing Finance Agency Reports Mortgage Interest Rates
Washington, DC - March 29, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.79 percent based on loans closed in February. This is an increase of 0.08 percent from the previous month
Housing Market Bottom Forecast
Destin, FL - March 29, 2011 - (RealEstateRama) -- The bottom of the housing market is close to developing in some regions of the U.S., while others will experience a delayed reaction in 2011 to the bottom of their markets, according to the new Housing Predictor forecast.
OfficeMax Offers Realtors® New Ways to Save
Washington, DC - March 29, 2011 - (RealEstateRama) -- As Realtors®’ businesses grow, so do their needs for quality office supply products. Now OfficeMax and the National Association of Realtors® are proud to offer discounts to NAR members on office supplies and services through the REALTOR Benefits® Program.
NAHB Hosts Joint Call on the Impact of Proposed Mortgage Rule on Home Buyers...
A new rule unveiled today by the Federal Deposit Insurance Commission would ratchet up mortgage lending restrictions to such an extent that they would disrupt the housing market and undermine an already-fragile recovery.
New Hampshire Housing to Host Free Home Buyer Fair
BEDFORD, N.H. - March 28, 2011 - (RealEstateRama) -- New Hampshire Housing Finance Authority will host its ninth annual Home Buyer Fair on Saturday, April 2, at the Radisson Hotel Manchester - Center of New Hampshire, 700 Elm Street, Manchester, NH, fr...
FinCEN’s 2010 Mortgage Fraud Report: SAR Filings Up; Potential Abuse of Bankruptcy Identified
VIENNA, VA - March 28, 2011 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) in its new report, Mortgage Loan Fraud SAR Filings In Fourth Quarter and Calendar Year 2010, today released full year data showing the number of suspicious activity reports involving mortgage loan fraud (MLF SARs) increased 4 percent in 2010 to 70,472 compared with 67,507 MLF SARs filed in 2009. The report also shows that the growth rate of MLF SARs began to slow over the last two to three years. Looking at just the 2010 fourth quarter, filers submitted 18,759 MLF SARs, a 1 percent decrease from the 18,884 filings over the same period in 2009.
U.S. National
What Atlanta Property Owners Are Budgeting for in 2026
Atlanta property owners are adjusting 2026 budgets to account for higher costs and tighter timelines tied to glass, facades, and entry systems. Longer permit reviews, stricter inspections, and extended manufacturing lead times are already affecting planning decisions.
Why Houston Has Become a Top Choice for Accountants in the Real Estate Sector
It may come as a surprise, but more and more accounting professionals are viewing Houston as one of the best places to build their careers. What’s even more compelling is how closely
How many photos can I upload to the MLS with a flat fee listing?
Scrolling listings is fast. Deciding to click is even faster. In most markets, photos do the heavy lifting because they tell the story before anyone reads a single line of description
What Really Determines How Quickly a Home Sells in Today’s Market?
If you ask ten homeowners how fast a house should sell, you’ll probably get ten different answers. Some expect offers on the weekend. Others brace themselves for months of showings and silence.
FTC Sues to Stop Loctite, Liquid Nails Construction Adhesive Merger
The Federal Trade Commission sued to block Henkel AG & Co. KGaA (Henkel), the manufacturer of the industry-leading Loctite brand construction adhesives, from acquiring Loctite’s main
NAR Existing-Home Sales Report Shows 0.5% Increase in November
Existing-home sales increased by 0.5% in November, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including
RMLS Alliance Becomes Newest Broker Public Portal Shareholder, Advancing Industry-Led National MLS Home Search...
Broker Public Portal (BPP) and RMLS Alliance (RMLS-A) announced today that RMLS-A has become its newest shareholder and is now live on Cribio.com (Cribio), offering its subscribers and consumers a modern, industry-backed home search experience powered directly by MLS data.
5 Building Defects That Cost New Zealand Homeowners Thousands
From North Island villas to South Island bungalows, the same building problems keep appearing in property inspections across New Zealand. Knowing what to look for could save you tens of
Senators Warren, Wyden Push DOJ, FTC to Closely Scrutinize Massive Compass-Anywhere Real Estate Merger,...
U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and
Treasury’s Office of Cybersecurity and Critical Infrastructure Protection Issues Annual Consumer Advisory on Holiday...
The U.S. Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) released its annual holiday
New HUD Study Exposes Impact of Biden Border Crisis on Housing Affordability
A new Department of Housing and Urban Development (HUD) report, “Worst Case Housing Needs 2025,” says the flood of foreign-born individuals who entered our country illegally during
NHC praises House Financial Services Committee for advancing the Housing for the 21st Century...
David M. Dworkin, President and CEO of the National Housing Conference (NHC), released the following statement after the House Financial Services Committee overwhelmingly passed the
Strickland Secures $700K for Clean Water in Roy
Congresswoman Marilyn Strickland (WA-10) announced $700,000 in federal funding for the City of Roy’s Water Infrastructure Project. “Every community deserves access to clean water,” said Strickland. “Securing this federal funding will help hundreds of
Bestselling “The REAL AI Guide” is now featured in the Realtor Store as agents...
With one-third of Realtors not yet using AI, the WAV Group author offers a practical, low-pressure way to get comfortable quickly. The REAL AI Guide for Real Estate Agents has remained a top
Affordability for Texas Renters Declining Faster than the National Average — Threatening Economic Growth...
Last week, the Texas Affiliation of Affordable Housing Providers (TAAHP), held its annual Market Outlook for Affordable Housing at the AT&T Conference Center in Austin. The event included several presentations that began with Texas A&M Real Estate Center’s Dr. Jorge Barro, PhD, who discussed the demand for affordable housing in Texas.
Mortgage Application Payments Decreased in November
Homebuyer affordability improved slightly in November, with the national median payment applied for by purchase applicants decreasing to $2,034 from $2,039 in October. This is according to
ICYMI: Boyle Leads Effort to Restore Funding and Advance Path Forward for Chinatown Stitch...
Congressman Brendan F. Boyle (PA-02) today brought together local officials, community leaders, and advocates at the Crane Center to outline a path forward for the Chinatown Stitch project following the Trump administration and Congressional Republicans’ decision to rescind roughly $150 million in previously awarded federal funding
National Association of REALTORS® Unveils Top 10 Homebuying Hot Spots for 2026
The National Association of REALTORS® unveiled the top 10 homebuying hot spots for 2026 in a new report, Housing Hot Spots for 2026: The Markets Poised for New Buyer Opportunities.
What Working in Multiple Real Estate Sectors Taught Me About Adaptability and Growth
Real estate is often portrayed as a single industry, but anyone who has worked in it knows it is really a collection of interconnected specialties. Leasing, development, special
Builder Sentiment Inches Higher but Ends the Year in Negative Territory
Builder confidence inched higher to end the year but still remains well into negative territory as builders continue to grapple with rising construction costs, tariff and economic uncertainty, and
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









































