Archives

WASHINGTON, D.C. - April 1, 2013 - (RealEstateRama) -- Rep. Mike Capuano today praised the Federal Housing Finance Agency (FHFA) for taking additional steps to help homeowners who are struggling to keep current on their mortgages with its new Streamlin...

NEW YORK, NY - March 29, 2013 - (RealEstateRama) -- To assist families who are still struggling to locate housing after being displaced by Hurricane Sandy, the Federal Emergency Management Agency (FEMA) and the U.S. Department of Housing and Urban Deve...

Washington, DC - March 27, 2013 - (RealEstateRama) - The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will offer a new, simplified loan modification initiative to minimize losses and to help troubled borrowers avoid foreclosure and stay in their homes. Beginning July 1, servicers will be required to offer eligible borrowers who are at least 90 days delinquent on their mortgage an easy way to lower their monthly payments and modify their mortgage without requiring financial or hardship documentation.

WASHINGTON, DC - March 27, 2013 - (RealEstateRama) - REach™, an accelerator program developed by Second Century Ventures (SCV) , the strategic investment arm of the National Association of Realtors® to introduce innovative technology companies to the real estate marketplace, today named six companies to join its 2013 class. SCV developed REach™ to offer technology startups premier access to the more than 1 million Realtors® driving the $1 trillion U.S. real estate market. The companies selected to join are BombBomb, Lumentus, Planwise, Reach150, Updater, and Workface.

Washington, DC - March 13, 2013 - (RealEstateRama) -- U.S. Senator Kay Hagan today introduced legislation that would fix a decades-old mistake by the U.S. Fish and Wildlife Service that prevents many residents of North Topsail Beach from participating ...

WASHINGTON, D.C. - March 13, 2013 - (RealEstateRama) -- Gov. Peter Shumlin announced today that the state will use CDBG Disaster Recovery funds to cover 75 percent of the cost to towns of buying out homes that have been found to be ineligible for the H...

NEW ORLEANS, LA - March 6, 2013 - (RealEstateRama) -- 365 Connect, the New Orleans-based, award-winning online technology platform provider for the multifamily housing industry, announced it is marking the company’s 10-year anniversary with its recently unveiled new logo. The new logo design features elements of the company’s leading-edge technology platform

Washington, DC - February 27, 2013 - (RealEstateRama) -- Congressman Mike Turner, Co-chairman of the Historic Preservation Caucus, reintroduced the Historic Homeownership Revitalization Act of 2013. Enactment of this legislation would create jobs in t...

WASHINGTON, D.C. - February 26, 2013 - (RealEstateRama) -- Through the voluntary efforts of IRG Lorain LLC and the city of Lorain, two portions of the former Ford Lorain Assembly Plant property in Lorain have been investigated and remediated under Ohio...

BUFFALO - February 18, 2013 - (RealEstateRama) -- In Buffalo, Attorney General Eric T. Schneiderman today announced the results of the Homeowner Protection Program (HOPP), a $60 million initiative to support housing counselors and legal services provid...

WASHINGTON, D.C. - February 18, 2013 - (RealEstateRama) -- The Wyoming Community Development Authority (WCDA), Wyoming’s affordable housing finance agency, recently lowered the interest rate on its’ Spirit! of Wyoming Loan Program to 2.875%.

LOWELL - February 14, 2013 - (RealEstateRama) -- Attorney General Martha Coakley today joined Lowell Mayor Patrick Murphy, City Manager Bernard Lynch and local housing advocates for a roundtable discussion on foreclosure prevention efforts, including t...

CHICAGO, IL - February 12, 2013 - (RealEstateRama) -- Governor Pat Quinn was joined today by representatives from the U.S. Department of Housing and Urban Development (HUD) to announce an $11.98 million award that will strengthen Illinois’ efforts to...

WASHINGTON, DC - February 12, 2013 - (RealEstateRama) -- Today, Oregon’s Senator Jeff Merkley and the Oregon Housing and Community Services Department (OHCS) announced that the U.S. Treasury Department has approved a new pilot program to help underwa...

WASHINGTON, D.C. - February 12, 2013 - (RealEstateRama) -- The Federal Housing Administration (FHA) has announced new regulations which go into effect on April 1, 2013. These regulations were developed to provide additional revenues for the insurance fund (making more moneys available for any future housing" bubble") and to add additional underwriting standards for specific insured loans (see below).

Pierre, SD - February 8, 2013 - (RealEstateRama) -- South Dakota Housing Development Authority (SDHDA) is now accepting applications for the Emergency Solutions Grants Program.

RICHMOND - February 6, 2013 - (RealEstateRama) -- Governor Bob McDonnell today announced $225,000 in funding for five projects in Virginia through the Building Collaborative Communities program. The program promotes regional economic collaboration in e...

Columbia, S.C. - February 5, 2013 - (RealEstateRama) -- New for 2013, the South Carolina State Housing Finance and Development Authority (SC State Housing) has launched the Housing “KickStart” Initiative, which increases the amount of down payment ...

WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- During the past two decades, Pontiac has seen more than its share of loss: commercially, economically and emotionally. The once thriving city lost its namesake automobile manufacturing when the ...

MANSFIELD, OH - February 4, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today joined Mansfield Mayor Tim Theaker and several other Richland County officials at the demolition of an abandoned house made possible by a grant from his Demo...