All USA
Former Chief Executive of Mortgage Servicing Company Sentenced for Scheme to Withhold Funds from...
WASHINGTON, D.C. - December 12, 2013 - (RealEstateRama) -- Earl Gross, 74, of Las Vegas, the former President and Chief Executive Officer of U.S. Mortgage, a loan servicing company, was sentenced to serve 18 months in prison for his role in an $8 million scheme to defraud Wells Fargo Bank.
Putting Green Technologies to the Test
WASHINGTON, D.C. - December 12, 2013 - (RealEstateRama) -- GSA’s Green Proving Ground program is exploring new ways to mitigate the impact of our built environment on the natural environment. The Green Proving Ground tests promising sustainable building technologies in the real-world setting of federal facilities to evaluate their potential to reduce resource consumption and improve building performance. Additionally, the Green Proving Ground seeks to provide data and insights that will accelerate the broader commercialization and deployment of sustainable building technologies
Coalition Provides New Options for Mediation and Dispute Review Boards to Resolve Disputes Efficiently
SAN FRANCISCO - December 11, 2013 - (RealEstateRama) -- Today, the ConsensusDocs Coalition is announcing a new tool to effectively address alternative dispute resolution (ADR) in the design and construction industry. Guided Choice is a new approach to mediation for a more active and holistic approach role for a mediator to actively guide parties towards resolution. ConsensusDocs is now including information on how to implement Guided Choice in the ConsensusDocs Guidebook, and is educating users on the process at its 2nd annual Construction SuperConference Workshop being conducted today in San Francisco, Calif. The American Arbitration Association (AAA) will honor requests from the parties to use the Guided Choice process in AAA administer mediation through arbitration
Mel Watt confirmed as FHFA director
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- Congressman Melvin Watt was confirmed as director of the Federal Housing Finance Agency (FHFA) by the United States Senate in a 57-41 vote yesterday. The FHFA is a powerful federal government agency responsible for regulating government-sponsored enterprises Fannie Mae and Freddie Mac, which invest in more than three-fourths of the nation’s new mortgages
#10 Last Government and Public Real Estate News
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- Statement by National Low Income Housing Coalition President and CEO Sheila Crowley on the Confirmation of Mel Watt as Director of the Federal Housing Finance Agency. Today, the U.S. Senate confirmed Representative Mel Watt (D-NC) as the new director of the Federal Housing Finance Agency, marking a great day for the millions of low income Americans in need of decent, affordable homes.
Statement from the National Housing Conference on the confirmation of Rep. Mel Watt as...
WASHINGTON - December 11, 2013 - (RealEstateRama) -- Today’s confirmation of Rep. Mel Watt (D-N.C.) as Director of the Federal Housing Finance Agency (FHFA) is a hopeful sign for the progress of housing finance reform in the United States.
USAA Real Estate Co. and Touchstone Partner To Develop South Lake Union Project
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- USAA Real Estate Co. has partnered with Touchstone to develop the Troy Block property on Fairview Avenue in South Lake Union, Seattle. USAA Real Estate Company will be the equity partner in the 820,000 square foot, 2-building office project, located at 307 Fairview Ave North. The project, which was entitled under the 2013 South Lake Union rezone, was acquired by Touchstone from The Seattle Times in June 2011. The office space is being marketed by David Abbott and Tom Abbott of Colliers International
Chairman Hensarling Statement on Mel Watt’s Confirmation
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement after Rep. Mel Watt was confirmed today by the United States Senate as the Director of the Federal Housing Finance Agency.
JOHNSON ON RISK SHARING IN HOUSING FINANCE MARKET
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing titled “Housing Finance Reform: Fundamentals of Transferring Credit Risk in a Future Housing Finance System.
Statement by NLIHC President Sheila Crowley on the Confirmation of Mel Watt as Director...
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- Today, the U.S. Senate confirmed Representative Mel Watt (D-NC) as the new director of the Federal Housing Finance Agency, marking a great day for the millions of low income Americans in need of decent, affordable homes
#9 Government and Public Real Estate News
WASHINGTON, D.C. - December 10, 2013 - (RealEstateRama) -- Rick Judson, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Charlotte, N.C., issued the following statement on a new report on rental housing released today from the Harvard Joint Center for Housing Studies.
USGBC’s New Report Demonstrates Impact, Transformative Power of LEED Green Building Rating System
Washington, D.C. - December 10, 2013 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has released the third and final installment of its LEED in Motion report series: "Impacts and Innovation The report details key impact areas and results of the thousands of projects that are utilizing the LEED® green building rating system, as well as innovation highlights related to LEED and green building technologies
Sen. Sherrod Brown, Progressive Leaders to Release Report Focused on Building Up U.S. Clean...
Washington, D.C. - December 10, 2013 - (RealEstateRama) - Tomorrow at 11:30 a.m. ET, Sen. Sherrod Brown (D-OH) will join leaders from the BlueGreen Alliance, the Institute for America’s Future, and the Center for American Progress on a press call to release a new report that offers a bold strategy to lead a 21st-century green industrial transformation.
USDA Overhauls Single Family Housing Guaranteed Loan Program
WASHINGTON, - December 10, 2013 - (RealEstateRama) - U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced a series of sweeping changes to a popular loan program for rural homebuyers. The changes are part of an extensive overhaul that will strengthen rural housing markets, increase the availability of rural home loans and spur the construction of new homes in rural areas
FHFA Takes Further Steps to Advance Conservatorship Strategic Plan by Announcing an Increase in...
WASHINGTON, D.C. - December 10, 2013 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today took additional steps toward fulfilling the Strategic Plan for Enterprise Conservatorships that FHFA published in February 2012. That Plan established a conservator goal of gradually contracting Freddie Mac and Fannie Mae’s dominant presence in the marketplace while simplifying and shrinking their operations. The basic premise behind the “contract” goal is that with an uncertain future and a general desire for private capital to re-enter the market, the companies’ market presence should be reduced gradually over time.
Statement from NAHB Rick Judson on the JCHS Biennial Rental Housing Report
WASHINGTON, D.C. - December 10, 2013 - (RealEstateRama) -- Rick Judson, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Charlotte, N.C., issued the following statement on a new report on rental housing released today from the Harvard Joint Center for Housing Studies:
OBAMA ADMINISTRATION RELEASES NOVEMBER HOUSING SCORECARD
WASHINGTON - December 10, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the November edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among many key indicators. The purchase of new homes and home prices remain strong and foreclosures are down. Although there is much good news, officials caution that the overall recovery remains fragile. The full Housing Scorecard is available online at www.hud.gov/scorecard.
Counselor to the Treasury Secretary for Housing Finance Policy Michael Stegman at the “America’s...
WASHINGTON - December 9, 2013 - (RealEstateRama) -- Thank you for that kind introduction. It’s great to be here with you all today because I feel a very special connection for the sponsor of America’s Rental Housing Report.
IBHS Commends DHS Report Highlighting the Importance of Building Codes
TAMPA - December 9, 2013 - (RealEstateRama) -- The U.S. Department of Homeland Security (DHS) recently released a report entitled including Building Codes in the National Flood Insurance Program, which discusses the feasibility of including model building codes in the National Flood Insurance Program (NFIP). The study will be used by Congress to consider whether to make adoption and enforcement of model building codes mandatory for communities participating in the NFIP program
ConsensusDocs Releases Industry First Design-Build Joint Venture Agreement and a Teaming Agreement
WASHINGTON, D.C. - December 9, 2013 - (RealEstateRama) -- Today, ConsensusDocs released a new Design-Build Joint Venture Agreement and a new Teaming Agreement. As the first industry standard joint venture for design-build, the document fills an important need. Constructors, architects and engineers are increasingly using joint venture relationships on projects utilizing the design-build project delivery method. Many potential joint venture relationships, which can be filled by constructors, design professionals or multiple permutations of those parties can use this new contract document. The new document helps parties address issues such as licensing and insurance requirements, as well as risk allocation issues. The new Teaming Agreement helps parties memorialize roles and responsibilities in submitting a project bid or proposal.
U.S. National
Rep. Kelly on frozen funds for Red Line Extension project
U.S. Rep. Robin Kelly (IL-02) strongly condemned the withholding of federal funds for Chicago infrastructure projects, which includes $1.9 billion she secured for the Red Line Extension project to build the first CTA stop in the Second District.
Energy Department Announces Termination of 223 Projects, Saving Over $7.5 Billion
The U.S. Department of Energy (DOE) today announced the termination of 321 financial awards supporting 223 projects, resulting in a savings of approximately $7.56 billion dollars for
Why Anti-Vandal Cabins Are a Cost-Effective Security Upgrade for Construction Sites
Construction and industrial sites are high-pressure environments. Deadlines are tight, budgets are stretched, and there is the ever-present risk of theft and vandalism disrupting progress. Security on sites cannot be treated as an afterthought. It needs to be built into the way projects are managed from the outset.
Maine Listings Unveils New Brand Identity and Strategy to Reinforce Real Estate Data Leadership
Maine Listings, a leader in real estate data and technology services across New England and one of the nation’s oldest
Padilla, Schiff Slam Unlawful Elimination of Federal Funding for ARCHES Hydrogen Hub as Part...
U.S. Senators Alex Padilla and Adam Schiff (both D-Calif.) blasted the Department of Energy’s (DOE) cancellation of all $1.2 billion
EPA Finalizes Groundwater Cleanup Plan for Fulton Avenue Superfund Site on Long Island, N.Y.
U.S. Environmental Protection Agency (EPA) has finalized its cleanup plan to address contaminated groundwater at the Fulton
EPA and HUD Protect Newark Housing Authority Residents from Lead Paint
The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Housing and Urban Development (HUD) have reached concurrent settlements with the Newark Housing
After Securing $13 Million TIGER Grant, Díaz-Balart Celebrates Groundbreaking for Immokalee Infrastructure Improvements
Congressman Mario Díaz-Balart (FL-26), Vice Chair of the House Appropriations Committee, joined the Collier County
New Main Library in downtown Wilmington set to open on October 6
Following a 2 p.m. ceremony on Monday, October 6, the new Main Library at 230 Grace Street, Suite A, in downtown Wilmington will officially open to the public. Community members are welcome to join the New Hanover County Board of Commissioners, county staff, and the Grace District development team for the ribbon-cutting to celebrate the moment.
FEMA Supporting Southeastern States Ahead of Potential Tropical Cyclone Nine
As South Carolina Gov. Henry McMaster declared a state of emergency ahead of potential impacts from Potential Tropical Cyclone Nine, FEMA, at the direction of President Trump and in coordination with the Secretary of Homeland Security, is postured
Schumer, Jeffries Statement On Trump Targeting Popular NY-Area Mass Transit Mega Projects Vital To...
Senate Democratic Leader Chuck Schumer (D-NY) and House Democratic Leader Hakeem Jeffries (D-NY) released the following
New statistics show continuing housing crisis, CIH Northern Ireland warns
The latest Northern Ireland Housing Statistics 2024–25 reveal that, while progress is being made on some fronts, the fundamental challenges in housing are deepening. While increases in new homes and a decrease in homelessness are welcome, the continued rise in waiting lists and housing stress shows a system under pressure.
MBA Announces Promotion of Six Employees to Vice President and Associate Vice President Positions
The Mortgage Bankers Association (MBA) today announced the promotion of six employees across several association
New Warnock Report Finds Trump Admin Delaying Nearly $500 Million in Disaster Aid for...
U.S. Senator Reverend Raphael Warnock (D-GA) released a new report that shows nearly $500 million in promised federal funding for Hurricane Helene recovery efforts remains unpaid. The funding, part of a disaster recovery bill championed by Senator Warnock in 2024, is meant to reimburse local communities for funds spent on recovery.
Mayor Bowser to Celebrate 25th Anniversary of V-Tech Solutions and Grand Opening of the...
On Friday, September 26 at 1 pm, Mayor Muriel Bowser will join local leaders, business partners, and community members to celebrate the 25th anniversary of V-Tech Solutions, Inc. and the
New Home Sales Post Unexpected Large Gain in August
A modest drop in mortgage rates led to a surprisingly large jump in new home sales in August that could be revised lower next month. Sales of newly built single-family homes jumped 20.5% higher in August, to a seasonally adjusted annual rate of 800,000
Home Termite Prevention: What You Need to Know
Termites can wreak havoc on homes, often causing significant structural damage before their presence is detected. Staying ahead of them requires vigilance, preventive measures, and
Civil Rights Coalition Denounces HUD’s Abdication of its Fair Housing Obligations
The following civil and human rights organizations registered their dismay at facts revealed in a whistleblower complaint filed by five employees working at the U.S. Department of Housing and Urban Development (HUD). The groups also pledged their support for the brave employees who have filed this alarming complaint.
28 Housing Leaders Urge Senate to Advance Bipartisan ROAD to Housing Act
A group of 28 affordable housing leaders and housing industry trade organizations joined together to urge Senate leaders to bring the ROAD to Housing Act (S. 2651) to the floor for full
NAR Pending Home Sales Report Shows 4.0% Increase in August
Pending home sales in August increased by 4.0% from the prior month and rose 3.8% year-over-year, according to the National Association of REALTORS® Pending Home Sales Report. The
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