WASHINGTON, D.C. - February 14, 2011 - (RealEstateRama) -- While Fannie Mae and Freddie Mac need serious reform, we must get these reforms right. Among the Administration’s several proposals, only one—the one that maintains a limited role for the GSEs—even has potential for ensuring all families have access to home loans and achieving stability in the housing market.

McLean, VA - February 14, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced its first ever offering of Structured Pass-Through Certificates (“K Certificates”) backed only by multifamily mortgages with a 7-year term. The company expects to offer approximately $861 million in K Certificates (“K-701 Certificates”), which are expected to price the week of February 21, 2011, and settle on or about March 9, 2011

February 14, 2011 - (RealEstateRama) -- Almost three-quarters (74 percent) of current homeowners in the New Orleans area say their homes were damaged by Hurricane Katrina, according to data released today by the U.S. Census Bureau. Of these, more than four in 10 reported their homes had suffered major damage and required repairs of $15,000 or more for which most owners received federal flood insurance.

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today unveiled HUD’s fiscal year 2012 budget proposal. Titled Creating Strong, Sustainable, Inclusive Communities and Quality Affordable Homes the budget seeks to help lead America out of an unprecedented economic crisis and ensure our economy is competitive – growing and working for all Americans. HUD is taking responsibility for our deficit, by investing in what makes America stronger and cutting what doesn’t.

Washington, D.C. - February 14, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lender’s deteriorating financial condition.

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced an additional $50 million in disaster funding to help Tennessee communities recover from last spring's devastating storms and flooding. Provided through HUD's Community Development Block Grant (CDBG) Program, these grants will supplement $24 million awarded by HUD last September to support long-term disaster recovery efforts throughout the Volunteer State.

February 14, 2011 - (RealEstateRama) -- Home improvement can be both exciting and intimidating. Whether you’re just thinking about remodeling or ready to start, we’ll guide you all the information you need to make a smart decision on how to hire a professional home remodeling contractor and how to make your home beautiful for live with joy and happy. Find information on choosing the right re-modeler for the job using the Directory of Professional Re-modelers, avoiding contractor fraud, how to enjoy your home for a lifetime, and much more!

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- House Republican Conference Chairman Jeb Hensarling (R-Texas) today released the following statement on the Administration’s report on Housing Finance Reform.

Destin, FL - February 14, 2011 - (RealEstateRama) -- The best housing markets forecast in 2011 have been named by Housing Predictor, which forecasts local markets in all 50 U.S. states. Markets are annually selected by the real estate research firm, and updated as regional market conditions demand over the entire year.

Washington, DC - February 14, 2011 - (RealEstateRama) -- The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages

Washington, DC - February 11, 2011 - (RealEstateRama) -- A report released today on veteran homelessness again points out that veterans are at disproportionately high risk of homelessness. The report, the most accurate assessment of the scope of the problem to date, provides an important benchmark for national efforts to solve this problem

February 11, 2011 - (RealEstateRama) -- President Obama wants to cut $2.5 billion from a $5 billion home heating aid program in his 2012 budget proposal that will be sent to Capitol Hill on Monday, The Associated Press reported. The proposal reportedly would cut the Low-Income Home Energy Assistance Program to its 2008 level of about $2.5 billion. The Vermont congressional delegation planned a rare joint press conference on Monday to discuss the budget.

February 11, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby (R-Ala.), ranking Republican on the Banking, Housing, and Urban Affairs Committee, today made the following statement regarding the White Paper released by the Obama Administration concerning the future of Fannie Mae and Freddie Mac. The White Paper was a requirement of the Dodd-Frank Financial Reform legislation.

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- National Multi Housing Council (NMHC) President Doug Bibby issued the following statement concerning today's release of the Obama Administration's proposal for reforming Fannie Mae and Freddie Mac. His statement is on behalf of NMHC and its joint legislative partner, the National Apartment Association.

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- Today, the Obama Administration delivered a report to Congress that provides a path forward for reforming America's housing finance market. The Administration's plan will wind down Fannie Mae and Freddie Mac and shrink the government's current footprint in housing finance on a responsible timeline. The plan also lays out reforms to continue fixing the fundamental flaws in the mortgage market through stronger consumer protection, increased transparency for investors, improved underwriting standards, and other critical measures. Additionally, it will help provide targeted and transparent support to creditworthy but underserved families that want to own their own home, as well as affordable rental options.

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- Today, the Obama Administration delivered a report to Congress that provides a path forward for reforming America’s housing finance market. The Administration’s plan will wind down Fannie Mae and Freddie Mac and shrink the government's current footprint in housing finance on a responsible timeline. The plan also lays out reforms to continue fixing the fundamental flaws in the mortgage market through stronger consumer protection, increased transparency for investors, improved underwriting standards, and other critical measures. Additionally, it will help provide targeted and transparent support to creditworthy but underserved families that want to own their own home, as well as affordable rental options.

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

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.

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.

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

Rep. Pete Aguilar (CA-33) announced that he secured $1,092,000 in community project funding for Cucamonga Valley Water District’s (CVWD) Baseline Waterline Improvement Project. This grant funding will strengthen the resilience and dependability of the Inland Empire’s clean water infrastructure by allowing CVWD to replace 3,800 linear feet of 12-inch waterline along Baseline Road, spanning from Deer Creek Channel to Milliken Avenue.

Building a new home represents one of the most significant financial and emotional investments most people will ever make. Unlike purchasing an existing property, constructing from the ground up offers unprecedented control over every detail but also introduces complexities that require careful planning and informed decision-making.

Last Friday, Governor Maura Healey signed an executive order establishing a technical advisory group to study and advise the administration on how Massachusetts can safely allow single-stair mid-rise residential construction above three stories.

Rep. Pete Aguilar (CA-33) announced that he secured $1,092,000 in community project funding for San Bernardino County’s Bloomington Septic Conversion Project. This grant funding will expand and improve Bloomington’s sewage and water infrastructure by allowing San Bernardino County to install 1,200 linear feet of mainline sewer along the Valley Boulevard corrido

Foundation Communities celebrated the grand opening of Juniper Creek, a new 110-unit family supportive housing development, made possible in part by a $1.75 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded in 2025 through member Wells Fargo.

House Democratic Leader Hakeem Jeffries held a press conference with Rep. Brad Schneider and local leaders in Illinois, where he emphasized that Americans are struggling under the Trump economy and that Democrats are committed to lowering the high cost of living.

The National Fair Housing Alliance® (NFHA™), leading a coalition of 174 civil rights, fair housing, fair lending, and social justice organizations, filed a comment asking the U.S. Department of Housing and Urban Development (HUD) to halt plans to gut a critical tool that protects people from discrimination under the Fair Housing Act of 1968.

Commercial plumbing issues in Las Vegas have a habit of showing up in familiar ways. Across office buildings, retail centers, and mixed-use properties, the same types of fixtures, drains, and supply lines tend to fail again and again.

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