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

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

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)

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.

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

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.

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.

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.

Senator Jack Reed (D-RI) and Congressman Gabe Amo (D-RI-01) toured the RI Builders residential construction training program in Central Falls and hosted a press conference to highlight the passage of the 21st Century Road to Housing Act, a new law that cuts through red tape, places restrictions on private equity firms buying single family homes, helps communities build new housing, and provides assistance to homeowners to repair their homes.

Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, issued the following statement after U.S. District Judge David O. Carter temporarily blocked the Trump Administration from suspending the Los Angeles Homeless Services Authority (LAHSA) from federal homelessness grant programs, protecting approximately $241 million in dedicated federal funding as well as immediate future funds supporting programs that serve more than 11,000 people.

New York City Housing Authority (NYCHA) Board Chair Jamie Rubin and Chief Executive Officer Lisa Bova-Hiatt issued the following joint statement in response to receipt of the RAD Conversion Commitments from the U.S. Department of Housing and Urban Development (HUD) for the redevelopment of Fulton and Elliott-Chelsea.

This week, U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the U.S. Senate Energy and Natural Resources Committee, U.S. Representatives Jared Huffman (D-Calif.), Ranking Member of the House Natural Resources Committee, and Bennie Thompson (D-Miss.), Ranking Member of the House Homeland Security Committee, along with Pablo José Hernández (D-P.R.), investigation into Puerto Rico’s drinking water shortage

$84,997,036 in federal funding for major investments is coming to Georgia, which will support Georgia’s infrastructure, small businesses, housing, rural health care, and more. Senator Warnock and his office worked closely with other Congressional offices, including Senator Ossoff, Georgia communities, business leaders

The National Fair Housing Alliance (NFHA) today commended 32 U.S. Senators for issuing a letter demanding that HUD Secretary Scott Turner rescind the agency’s FY 2025 and FY 2026 Fair Housing Initiatives Program (FHIP) funding notices and spend appropriated funds to support fair housing activities as Congress intended.

U.S. Representative Greg Stanton (D-AZ) joined Ranking Member of the House Committee on Transportation and Infrastructure Rick Larsen (D-WA), Ranking Member of the Senate Committee on Banking, Housing and Urban Affairs Elizabeth Warren (D-MA) and 39 congressional Democrats in demanding that Federal Transit Administration (FTA) Acting Deputy Administrator Matthew Cahill and Office of Management and Budget (OMB) Director Russell Vought stop delaying the advancement of public transportation projects funded by the Capital Investment Grants (CIG) program

A full-time worker in Rhode Island must earn $33.95 per hour — or $70,617 annually — to afford a modest two-bedroom apartment at today’s Fair Market Rent (FMR), up from $31.71 per hour in 2025. This is Rhode Island’s “2026 Housing Wage” according to Out of Reach, a report published jointly today by the National Low Income Housing Coalition (NLIHC) and the Housing Network of Rhode Island.

Five-day campaign will drive 5,000 letters to Congress and lawmaker meetings nationwide, pressing Congress to protect the local organizations that handle 74 percent of housing discrimination complaints brought by people in local communities nationally.

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