December 15, 2010 - (RealEstateRama) -- "ABA, along with other financial trade associations, filed an amicus brief yesterday in opposition to applying overtime regulations to most bank employees who originate residential mortgages. The amicus was filed in the case of Henry vs. Quicken Loans in the United States District Court of Eastern Michigan. "The amicus brief argues that the new Administrator's Interpretation marked a sudden and dramatic shift in the Dept. of Labor's position that is inconsistent with the regulations that it seeks to interpret, and that the sudden and dramatic reversal of course results in an unfair surprise to employers who have reasonably relied on the Dept. of Labor's prior interpretations.

WASHINGTON, DC - December 15, 2010 - (RealEstateRama) -- Business Solutions, a subsidiary of the American Bankers Association, has entered into an exclusive two-year arrangement with U.S. Bank Home Mortgage that will provide member banks with a competitively-priced outlet for the sale of wholesale loans

December 15, 2010 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes remained unchanged in December from the previous month at 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today."Builders are bracing themselves for a slow holiday season as a number of factors continue to cause uncertainty among consumers and builders alike," said NAHB Chairman Bob Jones, a home builder from Bloomfield Hills, Mich. "While the HMI is adjusted for seasonal factors, the typical cold-weather slowdown in sales activity is being accentuated by ongoing weakness in the job market, the rising number of foreclosures and short-sales, and very challenging credit conditions for both builders and buyers."

VIENNA, VA - December 14, 2010 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today released two mortgage fraud reports entitled Mortgage Loan Fraud SAR Filings, which together cover the first six months of 2010; one report covers January through March 2010, and the other covers April through June 2010.

December 14, 2010 - (RealEstateRama) -- NRMLA, last week, published independent research showing high levels of satisfaction among seniors with reverse mortgages and equally positive numbers indicating borrowers understood the transaction they were getting into and felt no pressure getting a loan.

Washington, D.C. - December 14, 2010 - (RealEstateRama) -- The American Institute of Architects (AIA) today announced it was sponsoring a Haiti reconstruction conference in early January that will bring together a host of organizations to identify and coordinate opportunities in Haiti for design assistance teams, building assessments, resources and other programs.The AIA Summit on Haiti will be held on January 13 – one day after the first anniversary of the Haitian earthquake of 2010 – at the Loew’s Hotel in New Orleans. Organizations participating in the AIA’s Haiti conference include The American Red Cross, National Urban League - Greater New Orleans, Adecco Group North America, United States Green Building Council (USGBC), Architecture for Humanity (AFH), National Organization of Minority Architects (NOMA), Public Architecture and Black Design Network News. More organizations are expected to attend.

DENVER, CO - December 14, 2010 - (RealEstateRama) -- Denver B-cycle today announced its partnership with Kentwood City Properties. In addition to branded B-cycles and annual memberships for employees, Kentwood City Properties will also have the capabilities to utilize B-cycles when showing property, a convenient option to get to downtown properties. Kentwood City Properties’ sponsorship support of Denver B-cycle arrives as the bike sharing system closes down for the winter in its inaugural season. Denver B-cycle reopens March 2011.

Washington, DC - December 14, 2010 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding decreased in the third quarter, to $3.2 trillion, according to the Mortgage Bankers Association’s (MBA) analysis of the Federal Reserve Board Flow of Funds data.

WASHINGTON, DC - December 14, 2010 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $1,423 on each loan they originated in the third quarter of 2010, up from $917 per loan in the second quarter of 2010, according to the Mortgage Bankers Association (MBA)’s 3rd Quarter 2010 Mortgage Bankers Performance Report released today.

WASHINGTON, D.C. - December 14, 2010 - (RealEstateRama) -- The New Year will ring in better times in the U.S. real estate market, according to one out of three people surveyed. The opinion poll found that the majority of respondents, however, aren’t so enthused about real estate when it comes to the calendar advancing to 2011

WASHINGTON, DC - December 14, 2010 - (RealEstateRama) -- The Federal Housing Administration’s Mortgagee Review Board (MRB) today announced that it is permanently withdrawing FHA approval of Cambridge Home Capital, LLC (CHC), a Great Neck, New York-based lender. In addition, the MRB will seek a monetary penalty of $182,000.

WASHINGTON, D.C. - December 14, 2010 - (RealEstateRama) -- The Congressional Oversight Panel today released its December oversight report, "A Review of Treasury's Foreclosure Prevention Programs." In the eight months since the Panel's last report on the Home Affordable Modification Program (HAMP), Treasury has made minor tweaks to the program, but the changes have not resolved the Panel's core concerns. The Panel now estimates that, if current trends hold, HAMP will prevent only 700,000 foreclosures -- far fewer than the three to four million foreclosures that Treasury initially aimed to stop, and vastly fewer than the eight to 13 million foreclosures expected by 2012

PITTSBURG, KS - December 13, 2010 - (RealEstateRama) -- Officials from the City of Pittsburg, the Pittsburg Area Chamber of Commerce, Kansas Housing Resources Corporation and Garrison Development Company celebrated the completion of Besse Apartments at 121 E. 4th Street in Pittsburg. A $9.2 million dollar historic rehab, the 83-year-old former hotel now offers 46 affordable apartments in the heart of downtown

WASHINGTON, DC - December 13, 2010 - (RealEstateRama) -- Jose Portillo, 22, was convicted by a jury today of first degree felony murder and other charges in the November 2008 slayings of Virginia and Michael Spevak, who were attacked while in their Northwest Washington home, U.S. Attorney Ronald C. Machen Jr. and Cathy L. Lanier, Chief of the Metropolitan Police Department announced.

WASHINGTON, Dec. 13, 2010 /PRNewswire/ -- The Peterson Companies and The Bozzuto Group, two D.C. area-based and family-owned development companies, announced today a joint venture that will bring the first apartment community to National Harbor

TRUCKEE, CA - December 13, 2010 - (RealEstateRama) -- Clear Capital www.clearcapital.comreleased its monthly Home Data Index™ (HDI) Market Report, providing the most current (through November 2010) and granular analysis of how local markets performed compared to the national downward trend in home prices

New York, NY - December 13, 2010 - (RealEstateRama) -- The New York Housing Conference (NYHC) and the National Housing Conference (NHC) hosted the 37th Annual Awards Luncheon, one of the largest gatherings of housing professionals in the nation, today, Thursday, December 9, 2010, at the Hilton New York in Manhattan.

EUGENE, OR - December 10, 2010 - (RealEstateRama) -- A custom IDX solution is now available on the Denver, Colorado real estate website of Carl Borrmann. Thanks in part to the revolutionary IDX, Inc. technology, thousands of Metrolist Denver MLS (MTOMLS) listings are seamlessly integrated onto the search page Borrmann represents. With IDX Broker software, Borrmann can utilize a dynamic set of search functions online, in an effort to supply his clients with a comprehensive and complete property search conveniently on his website.

PELLA, IA - December 10, 2010 - (RealEstateRama) -- As builders, remodelers, contractors, architects and students prepare for a new year – predicted to be challenging for the housing industry – Pella Corporation wants to help them "Go for it!"

SEATTLE, WA - December 10, 2010 - (RealEstateRama) -- Luxury Real Estate announced today its expansion with Richard Provost of Luxury Financial Solutions. Having begun his career in the mortgage industry, Provost continued onward to provide financing for Resorts such as the Ritz-Carlton and Trump Tower.

Representative Scott Peters (CA-50) made the following statement regarding the data from the Point-in-Time Count released by the San Diego Regional Task Force on Homelessness: “I’m encouraged by the decrease in the number of families and veterans who are unsheltered.

If you’d told me ten years ago that Auckland would become one of the busiest home renovation markets in the Southern Hemisphere, I might’ve raised an eyebrow. Fast forward to 2025, and I’m sitting in back-to-back meetings with homeowners looking to reimagine the spaces they’ve lived in for decades.

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.

Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.

Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market

The 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

The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.

In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act