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Wells Fargo Securities Forms Client Trade Services Group and Names Eamon McCooey Head of...
CHARLOTTE - June 5, 2013 - (RealEstateRama) -- Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), announced today that it has formed a new Client Trade Services group within Wells Fargo Securities’ Markets division to bring together its businesses that offer clearing, trade execution, technology and operational solutions to corporate and institutional clients. Dan Thomas, a long-time Wells Fargo senior leader, was named head of Client Trade Services, reporting to Tim Mullins and Walter Dolhare, co-heads of the Markets division. The firm also announced that Eamon McCooey will be joining the group as head of Prime Services. McCooey will be based in New York City and report to Thomas
HUD ISSUES NEW GUIDANCE TO ENCOURAGE PARTICIPATION IN STATE EFFORTS TO ASSIST INDIVIDUALS MOVING...
WASHINGTON, DC - June 5, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today issued new guidance to HUD-assisted housing providers on how they can support state and local Olmstead efforts to increase the integrated housing opportunities for individuals with disabilities who are transitioning from, or at serious risk of entering, institutions and other restrictive, segregated settings.
Renters with Flood Damage May Be Eligible for FEMA Help
AURORA, IL - June 5, 2013 - (RealEstateRama) -- Renters who had damage from the severe storms and flooding between April 16 and May 5 may be eligible for FEMA disaster assistance
FEMA Registration Deadline Two Weeks Away for West, Texas Plant Explosion Survivors
AUSTIN, TX - June 5, 2013 - (RealEstateRama) -- Homeowners, renters and business owners who sustained damages from the April 17 fertilizer plant explosion in West, Texas have two weeks left to register for disaster assistance from the state and the Fed...
CBRE ARRANGES $23 MILLION FINANCING FOR FORT WORTH MULTIFAMILY COMMUNITY
Miami, FL - June 6, 2013 - (RealEstateRama) - CBRE arranged the financing of Republic Park Vista, a 308-unit multifamily community in Fort Worth, Texas, for $23,020,000. CBRE worked on behalf of the borrower, MREF Republic, LLC, a Miami-based firm, to ...
N.J. Borrowers Impacted by National Mortgage Settlement to Receive $1,400-Plus Claim Checks This Month
TRENTON - June 4, 2013 - (RealEstateRama) -- Attorney General Jeffrey S. Chiesa announced today that New Jersey borrowers who submitted a valid foreclosure payment claim through the National Mortgage Settlement will receive a check this month for appro...
Ohio Claimants to Receive Payments from the National Mortgage Settlement by June 17th
COLUMBUS, OH - June 4, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that eligible Ohioans who lost their homes to foreclosure will be sent settlement payments by June 17th. The payment checks will be worth approximately ...
CFPB releases exam procedures for new mortgage rules
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) published the first update to its exam procedures for the new mortgage regulations it issued in January 2013. The exam procedures offer financial institutions and mortgage companies valuable guidance on what the CFPB will be looking for as the rules become effective. The new regulations include those on appraisals, escrow accounts, and compensation and qualifications for loan originators
THDA Mortgages Ready for Homeownership Month – Funds Available Statewide through Lenders
NASHVILLE, TN - June 4, 2013 - (RealEstateRama) -- Saturday marked the beginning of National Homeownership Month- an annual recognition of the important role housing plays in creating jobs, maintaining viable communities, providing stability for famili...
AG Kilmartin Announces National Mortgage Settlement Checks to Be Mailed this Month
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today announced that approximately 2,737 Rhode Island homeowners who submitted a valid foreclosure payment claim through the National Mortgage Settlement will rec...
More Than 14,000 Wisconsin Borrowers Who Lost Their Homes to Foreclosure to Receive Payments...
MADISON - June 4, 2013 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced today that more than $21.85 million dollars will be distributed to 14,723 Wisconsin residents who lost their homes to foreclosure. Payments are expected to be at le...
Christie Administration Urges Sandy-Impacted Homeowners to Be On Alert for ‘reNew Jersey Stronger’ Applicant...
TRENTON, N.J. - June 4, 2013 - (RealEstateRama) -- The New Jersey Department of Community Affairs (DCA) received a report that an individual who applied for a ‘reNew Jersey Stronger’ housing assistance grant was contacted by phone and notified that...
Attorney General Bondi Will Join Governor Scott for Bill Signing Following Governor and Cabinet...
TALLAHASSEE, FL - June 4, 2013 - (RealEstateRama) -- Attorney General Pam Bondi will join Governor Rick Scott for the signing of Senate Bill 1852, which appropriates the remaining $200 million of Florida’s portion of the national mortgage settlement ...
National Mortgage Settlement to Begin Payments to Eligible Borrowers Who Lost Homes to Foreclosure
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Over 50,000 Georgia borrowers who submitted a valid foreclosure payment claim through the National Mortgage Settlement will receive a check this month for approximately $1,480. The total amount to b...
Kentucky Borrowers to Receive More than $11 Million in Mortgage Servicing Abuse Payments
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- Kentucky Attorney General Jack Conway today announced the distribution of more than $11 million to 7,801 eligible borrowers in Kentucky for mortgage servicing abuses. Checks to borrowers who submitt...
More than 1,300 Mainers slated to receive checks resulting from national ‘Robo-Signing’ abuses under...
AUGUSTA - June 4, 2013 - (RealEstateRama) -- The practice of ‘robo-signing’ documents that led to widespread abuses by national mortgage servicing companies led to a landmark $1.5 billion settlement against five of America’s largest firms. About ...
Alliance Comments on Proposed Chronic Homelessness Definition
WASHINGTON, D.C. - June 4, 2013 - (RealEstateRama) -- I am writing on behalf of the National Alliance to End Homelessness (the Alliance) to comment on the proposed rule published on March 27, 2013. Among other provisions, the proposal would change regulations defining chronic homelessness for all of the Department of Housing and Development‘s (HUD’s) homeless assistance programs
REALTYTRAC® SELECTS PRUDENTIAL ALLIANCE REALTY AND PRUDENTIAL DETRICK REALTY FOR ITS ESTEEMED NETWORK
IRVINE, CA - June 4, 2013 - (RealEstateRama) -- RealtyTrac (www.realtytrac.com) announced today that two of Oklahoma’s most predominant real estate brokerage companies Prudential Alliance Realty and Prudential Detrick Realty have been selected as members of the RealtyTrac Network (RTN), a licensed network available to leading independent and franchised brokerage companies across the nation.
HENRY HANNA SELLS SEA ISLE MOTEL IN WEST OC, MD
OCEAN CITY, MD - June 4, 2013 - (RealEstateRama) -- Henry Hanna, CCIM, SIOR, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD is pleased to announce the sale of the Sea Isle Motel on Route 50 in West Ocean City, Ma...
CBRE SELLS 147,417-SQUARE-FOOT MULTI-TENANT SHOPPING CENTER
Fort Lauderdale, FL - June 4, 2013 - (RealEstateRama) -- CBRE arranged the sale of South Vero Square, a 147,417-square-foot neighborhood shopping center at 710 U.S. Highway 1 in Vero Beach. The buyer, Indian River Holdings, LLC, purchased the property ...
U.S. National
The Impact of High Speed Rail on Real Estate in China
In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.
The Do’s and Don’ts of First-Time Homeownership
Buying a home is an exciting but often overwhelming experience, especially for first-timers. It’s a nuanced process that involves navigating through many important decisions, paperwork, and
GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Connecticut Congressional Delegation and Governor Lamont Announce $62.5 Million for Solar Projects Benefitting Low-Income...
Connecticut’s Congressional Delegation and Governor Ned Lamont announced $62.5 million grant under the Environmental
Biden-Harris Administration Invests in Clean Energy and Domestic Biofuels to Strengthen American Farms and...
Projects Funded by President Biden’s Inflation Reduction Act Will Lower Energy Costs and Expand Access to Cleaner Fueling
FEMA commits $384 million to rebuild educational facilities on St. Croix and St. Thomas
A commitment of $384.8 million to demolish and replace three elementary schools on St. Croix, one on St. Thomas and repair a
REP. GALLEGO TOURS HOUSING SHELTER FOR WHICH HE SECURED NEARLY $2 MILLION IN FUNDING
Rep. Ruben Gallego (AZ-03) toured UMOM New Day Center’s Family Shelter Expansion and Remodel Project and
Total Commercial Real Estate Borrowing and Lending Declined 47 Percent in 2023
Total commercial real estate (CRE) mortgage borrowing and lending is estimated to have totaled $429 billion in 2023, a 47 percent decrease from the $816 billion in 2022, and a 52 percent
How to Choose the Right Moving Company for Your Next Relocation
Moving can be one of the most stressful events in a person’s life, but choosing the right company can make the process much smoother. Whether you’re relocating across town or the country, the importance of finding a reliable mover cannot be overstated.
CONSTRUCTION ASSOCIATION RELEASES FIRST-OF-ITS-KIND DECARBONIZATION PLAYBOOK TO HELP FIRMS ASSESS, TRACK & REDUCE GREENHOUSE...
New Associated General Contractors of America Resource, Which
5 Home Renovations That Will Boost Property Value
In the ever-evolving landscape of real estate, homeowners often find themselves pondering ways to increase the value of their properties. Whether you're planning to sell shortly or simply want
Getting Your House Ready to Sell — 6 “To Do’s” That Can’t Wait
You’re about to list your home for sale. Is your home ready for what’s coming? If you haven’t crossed these six items off your to-do list yet, the answer is a resounding “no.” Here’s what you need to do, roughly in order, to make sure your place is in the best possible shape to show to buyers.
Kaptur Leads Letter to President Biden Urging Further Consideration of Proposed Power Plant Emission...
Rural, low-income, and underserved communities’ access to reliable and affordable electricity must be preserved while
Housing Starts Fall on Interest Rate, Financing Concerns
Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-
RELEASE: On Tax Day, Gottheimer Announces New Action to Cut Taxes and Make Life...
April 15, 2024, U.S. Congressman Josh Gottheimer announced new action to lower taxes and make life more affordable for Jersey families, small businesses, and communities. According to
Existing-Home Sales Descended 4.3% in March
Existing-home sales slipped in March, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Midwest, South and West, but rose in the Northeast for the first time since November 2023. Year-over-year
How to Fix and Flip a Property in 8 Steps
House flipping involves purchasing a property, making improvements, and then selling it at a higher price. This venture not only offers financial gains but also the satisfaction of transforming an underappreciated home into a desirable
The Ultimate Guide to Renovating Your Home Before a Sale
Renovating your home before putting it on the market can significantly increase its appeal to potential buyers and maximize its sale price. However, not all renovations provide equal returns
NEW GALLEGO BILL INCREASES SOCIAL SECURITY BENEFITS FOR SENIORS
Rep. Ruben Gallego (AZ-03) introduced the Boosting Benefits and COLAs for Seniors Act, legislation that changes the calculations for Social Security cost of living adjustments (COLAs) to more
HUD Takes a Major Step to Boost Homeownership in Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) announced a final rule that will increase lender participation in the Section 184 Indian Housing Loan Guarantee (Section 184)
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
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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