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Coalition of Consumer and Anti-Poverty Groups Opposes Predatory Mortgage Bill
WASHINGTON, D.C., Nov. 15, 2007 – A bill designed to address abuses in the lending market would leave consumers worse off than if Congress did nothing at all, a group of national and local consumer and poverty law organizations told lawmakers today. The group is urging lawmakers to defeat H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, scheduled for a vote today in the U.S. House of Representatives.
2008: A Year of Opportunity
“2007 has been a year of challenge; 2008 will be a year of opportunity for serious buyers and for REALTORS®,” NAR Chief Economist Lawrence Yun told a packed house at the NAR Conference Tuesday.
SIPA Announces Call for Entries for Building Excellence Awards Competition
The Structural Insulated Panel Association (SIPA) is now accepting entries for the sixth annual Building Excellence Awards. This unique competition recognizes the exceptional projects that SIPA members build with energy efficient structural insulated panels (SIPs)
Top 5 Markets Where Home Prices are Rising
Home prices have risen in five major markets, while continuing to fall in the rest of the country, according to the S&P/Case-Shiller home price index for August, released Tuesday.
NAR Survey Shows Consumers Very Satisfied With Agent Performance
LAS VEGAS, November 13, 2007 - A new consumer survey shows that buyers and sellers are very satisfied with their real estate professionals. Home buyers use many tools in the transaction process, and both buyers and sellers highly value the personal touch and services real estate professionals offer. The survey was released here today at the 2007 REALTORS® Conference & Expo.
Foreclosure Activity Up 30% in Third Quarter
RealtyTrac(R) released its Q3 2007 U.S. Foreclosure Market Report, which shows a total of 635,159 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 446,726 properties nationwide during the third quarter, a 30% increase from the previous quarter and an increase of nearly 100% from the third quarter of 2006.
NAR Finds For-Sale-By-Owner Transactions Remain at Record Lows
LAS VEGAS, November 13, 2007 - The level of for-sale-by-owner transactions remains at a record low, according to the National Association of Realtors® 2007 Profile of Home Buyers and Sellers. The survey was released today at the 2007 REALTORS® Conference & Expo, here through November 16.
Successful Long-Term Homeownership Begins with Consumer Education
Phoenix, AZ, November 13, 2007 – Homeownership counseling and education are more important now than ever given the recent rise in mortgage delinquencies and foreclosures. Freddie Mac (NYSE: FRE), one of the nation's largest investors in residential mortgages, and the National Council of La Raza (NCLR), the nation's largest Hispanic advocacy organization, are continuing their tradition of working together by educating Latinos in the Phoenix area on all aspects of homeownership, from maintenance to financial management and foreclosure prevention
America’s Undervalued Real Estate Markets
When a market goes through uncertain times, investor caution reigns. And whether you're talking about the housing market or the financial services sector, there's been so much bad news lately that it makes sense for buyers and investors to remain wary.
Think in Reverse to Succeed in Auctions
Real estate professionals who want to work in property auctions need to adopt a new way of thinking, says Ted Cucuro, a senior broker associate with Sheldon Good & Co., Chicago. “We do everything in reverse,” Cucuro told attendees of an educational session at the 2007 REALTORS® Conference & Expo in Las Vegas.
Bayh Presses Forward with Property Tax Relief Plan
Washington, Nov. 8, 2007 — U.S. Senator Evan Bayh has enlisted the support of 15 Senate colleagues to join his call to provide property tax relief to 32 million homeowners across the country who do not itemize their federal tax returns by allowing them to deduct their state and local property taxes.
Most Affordable Places To Live Well
Triple-digit monthly parking fees, $12 movie tickets, clogged intersections and weekly grocery bills that rival some mortgage payments. Welcome to life in the Big Apple. And Los Angeles. And Chicago.
Top Ten Things to Know if You’re Interested in a Reverse Mortgage
Reverse Mortgages are becoming popular in America. The U.S. Department of Housing and Urban Development (HUD) created one of the first. HUD's Reverse Mortgage is a federally-insured private loan, and it's a safe plan that can give older Americans greater financial security. Many seniors use it to supplement social security, meet unexpected medical expenses, make home improvements, and more.
Sound Fundamentals Promise Improved Housing
Market It was a mystery that only the crack investigators at RSI — the REALTOR® Scene Investigation — could uncover.
Realtors(R) Convene in Record Numbers, Aim to Improve Market Confidence
LAS VEGAS, Nov. 12 /PRNewswire-USNewswire/ -- Pat V. Combs, president of the National Association of Realtors, today urged Realtors to help restore confidence in the real estate market by educating the public about the value of housing as a good long-term investment. With the market's positive economic fundamentals, 2007 is turning out to be one of strongest years on record, she said.
Industry Survey Reports on New Challenges Facing Home Buyers
ARLINGTON, Va., Nov. 9 /PRNewswire-USNewswire/ -- Recently media attention has been heavily focused on the difficulties home sellers face with the current glut of inventory and the tightening of the sub-prime mortgage market. However, according to a Fall member survey and report from the National Association of Exclusive Buyer Agents, home buyers are also facing new challenges.
Ten Rising-In-Value Real Estate Markets
Home prices nationwide posted their biggest drop in 16 years last month, according to the National Association of Realtors.
Financial Service Committee Approves Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation
Washington, DC – The House Committee on Financial Services today approved historic bipartisan mortgage reform legislation and anti-predatory lending practices by a vote of 45 to 19. H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will create a licensing system for residential mortgage loan originators, establish a minimum standard requiring that borrowers have a reasonable ability to repay a loan, and will attach a limited liability to secondary market securitizers.
Ginnie Mae Guarantees First Home Equity Conversion Mortgage Mortgage-Backed Security
Washington, DC, November 9, 2007 - Today, the Government National Mortgage Association (Ginnie Mae) announced the first issuance of its new Home Equity Conversion Mortgage (HECM) Mortgage-Backed Security (HMBS). The $116 million issuance is the first-ever government-guaranteed mortgage-backed security collateralized by Federal Housing Administration (FHA) insured reverse mortgages (HECM).
Mortgage reset bill vote likely next week
WASHINGTON, Nov. 8, 2007 — The House Judiciary Committee has decided to resume consideration next week of a bill that seeks to revise sections of the U.S. Bankruptcy Code and give judges power to modify certain terms in existing mortgages.
U.S. National
NHC to honor housing finance leaders ?Bill Emerson and Debra W. Still at 2026...
The National Housing Conference (NHC) announced today the honorees who will be recognized at its Annual Housing Visionary Awards Gala on June 24 at The Anthem in Washington, DC.
Rep. Aguilar Delivers Over $1 Million for Cucamonga Valley Water District to Strengthen Inland...
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.
FEMA Approves $33.4 million to Support Recovery in Hawaii
Under the leadership of President Trump and Secretary Noem, FEMA recently approved $33.4 million in funding to support recovery for past disasters in Hawaii for Public Assistance projects, which includes debris removal, emergency protective
Padilla Secures Nearly $10 Million for Six Projects Across Greater Sacramento Region
U.S. Senator Alex Padilla (D-Calif.) announced that he secured over $9.8 million in federal funding for six projects across the Greater Sacramento Region through Fiscal Year 2026
Considerations When Constructing A New Home
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.
Impact of Affordability Challenges and Demographic Shifts on Housing Trends in 2026
Housing affordability has declined significantly in recent years. The deterioration in price-to-income ratio has been a key factor, as home prices have risen 53% since 2019, while median
Governor Healey Signs Single Stair Executive Order
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. Aguilar Delivers Over $1 Million for San Bernardino County to Bolster Bloomington Sewage...
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
NAR Pending Home Sales Report Shows 0.8% Decrease in January
Pending home sales in January decreased by 0.8% from the prior month and 0.4% year-over-year, according to the National Association of REALTORS® Pending Home Sales Report. The
New Residential Community in Austin, Texas, Celebrates Grand Opening with $1.75M Affordable Housing Program...
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.
Seven Tennessee Counties Now Eligible for Additional Categories of FEMA Public Assistance
Local governments and certain nonprofit organizations in seven Tennessee counties affected by the January winter storm are now eligible for additional categories of Public Assistance grants.
LEADER JEFFRIES: “WE NEED TO GET THIS SITUATION TURNED AROUND SO WE CAN BRING...
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.
Mortgage Delinquencies Increase in the Fourth Quarter of 2025
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.26 percent of all loans outstanding at the end of the fourth
The Keyes Family of Companies Launches Unified Digital Experience for Florida Real Estate Agents,...
Miami, FL – February 18, 2026 – The Keyes Company and Illustrated Properties today announced the launch of unified, AI-ready digital platforms designed to...
Pressley Bills to Strengthen Eviction Protections, Help Families Reach Financial Stability Pass the House
This week, the House passed two bills championed by Congresswoman Ayanna Pressley (MA-07) that would strengthen
174 National, State, and Local Organizations Demand HUD Preserves Key Rule to Protect People...
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.
HUD Launches Fair Housing Investigation into East Plano Islamic Center (EPIC)
The Department of Housing and Urban Development’s (HUD) Office of Fair Housing and Equal Opportunity (FHEO) has launched an investigation into EPIC Real Properties, Inc., and Community
What Property Managers See Repeatedly in Las Vegas Commercial Plumbing
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.
Why Real Estate Brokerages Keep Losing Their Best Agents in the First Year
The real estate industry has a turnover problem that nobody wants to talk about. According to the National Association of Realtors, roughly 87% of new agents fail within five years. But here is the part that should concern every broker: many of the agents who leave were not bad hires. They were good agents who got a bad start.
Habitat for Humanity applauds House passage of Housing for the 21st Century Act
Habitat for Humanity applauds the House’s passage of the bipartisan Housing for the 21st Century Act. This is the most significant housing bill that the House has passed in more than a
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






































