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Washington, D.C. - November 1, 2010 - (RealEstateRama) -- The National Inclusionary Housing Conference will bring state and local housing practitioners and policymakers together with federal policymakers and housing experts to discuss best practices, the latest research and new policy initiatives relative to the creation of mixed income communities. Inclusionary zoning exists in some 300 communities around the country and requires that a portion of homes in new residential developments be created for low and moderate-income households. The conference will also feature a panel of builders, often opposed to these regulations, who have been invited to discuss how to craft ordinances that also work well for developers
DENVER, CO - October 29, 2010 - (RealEstateRama) -- ICBA Mortgage Solutions, a provider of comprehensive mortgage services to help Independent Community Bankers of America (ICBA) members originate, process, close, fund and sell residential loans, has named Scott Hall, president, and Elizabeth Deal, executive vice president of marketing. Together, Hall and Deal will guide ICBA Mortgage Solutions in helping community banks better manage the mortgage process.
October 29, 2010 - (RealEstateRama) -- The brand new international property portal HouseInTheSun.com was launched last month. The first 30 days have been a total success with more than 30,000 properties published by a large number of estate agents and property developers from all over the world. - We are very pleased to receive this strong response in such a short time, says CEO and partner, Reidar Svedahl.
Cleveland, OH - October 29, 2010 - (RealEstateRama) -- Bizdom U, a non-profit boot camp that trains entrepreneurs to launch and grow successful businesses, is coming to downtown Cleveland in 2011. The announcement was made by Dan Gilbert, Majority Owner of the Cleveland Cavaliers and Lake Erie Monsters, Operator of the Quicken Loans Arena (the “Q”) and Founder and Chairman of Quicken Loans Inc., while in Cleveland to accept the Ruth Ratner Miller Award from the Downtown Cleveland Alliance. The award is presented annually to an individual for career achievement in the advancement and enhancement of downtown Cleveland.
Franklin, TN - October 28, 2010 - (RealEstateRama) -- Construction is starting this week on Circle at Cool Springs apartment community. Developer Crescent Resources has entered into an agreement with Mid-America Apartment Communities, Inc., with MAA purchasing the land and providing construction financing and Crescent serving as the master developer
Sustainability Report from Jones Lang LaSalle Discusses Cancun Climate Summit, Greenprint Foundation Carbon Index,...
CHICAGO, LONDON, SINGAPORE - October 28, 2010 - (RealEstateRama) -- A new report from Jones Lang LaSalle announces that CEO Colin Dyer has joined 1,000 other business leaders in signing the Cancun Communiqué on Climate Change, which sets out the case for action on climate change with renewed urgency.
SAN ANTONIO, TX - October 28, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and Broadway National Bank are pleased to announce they have awarded a $152,000 Affordable Housing Program (AHP) grant to Methodist Mission Home (MMH) to assist with phase II of its $5.5 million capital campaign.
DALLAS, TX - October 28, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (Bank) today reported net income of $27.4 million for the quarter ended September 30, 2010. For the nine months ended September 30, 2010, the Bank reported net income of $82.4 million
CHICAGO, IL - October 28, 2010 - (RealEstateRama) -- Luxury Portfolio Fine Property Collection® announced the creation of the first automated 3-D tours of its luxury home listings. These tours are available on its award-winning website, LuxuryPortfolio.com, in a new section called LP3-D. The program was developed using technology licensed from GeoData Technologies and is the first application to integrate high resolution aerial imagery and property photos, 3-D terrain and local data into a multimedia, 3-D tour experience.
WASHINGTON, DC - October 28, 2010 - (RealEstateRama) -- The Building Owners and Managers Association (BOMA) Foundation will present its first Thought Leaders Symposium, 2020: A Vision for Commercial Real Estate, on November 9 in conjunction with the Georgetown University School of Continuing Studies and its Masters of Professional Studies in Real Estate Program. The symposium will bring together some of the best and brightest minds in commercial real estate in a forum with the academic community and graduate students in the real estate program to explore the future of commercial real estate in 2020. Leaders in the commercial real estate industry will examine environmental and energy issues as well as real estate finance in this thought-provoking program.
CLEVELAND, OH - October 27, 2010 - (RealEstateRama) -- County Prosecutor Bill Mason and the Cuyahoga County Mortgage Fraud Task Force operating under authorization of Ohio Attorney General Richard Cordray and Ohio's Organized Crime Investigations Commission announced Fred Loewinger pleaded guilty to 25 felony mortgage fraud related offenses on October 27, 2010 for his participation in financing the purchase of 20 houses with $1.4 million in fraudulent loans. Loewinger, 62, of Strongsville, owned Fast Mortgage Services, Inc. and conducted his fraudulent activities as a licensed mortgage broker and loan officer. This case was investigated by the Cleveland office of the FBI in connection with their participation in the Mortgage Fraud Task Force
San Diego, CA - October 27, 2010 - (RealEstateRama) -- Create Your Own Wordpress Real Estate Lead Machine
Des Plaines, IL - October 27, 2010 - (RealEstateRama) -- Weather and other disasters are unpredictable, and that’s why it’s important for homeowners to be aware of their options when disasters strike. Whether that disaster is wind-, water- or snow-related damage, negotiating with insurance companies, contractors and state officials can be difficult. The National Association of the Remodeling Industry (NARI) is offering tips for homeowners affected by disasters to get their home back in shape and avoid home restoration scams.
WASHINGTON, DC - October 27, 2010 - (RealEstateRama) -- The Urban Land Institute (ULI) Terwilliger Center for Workforce Housing, which seeks to increase the availability of workforce housing in high cost communities by harnessing the power of the private sector, today announced Diane Leneghan Tomb, president and chief executive officer of Tomb & Associates, LLC, as the newest member of its national advisory board
Detroit, MI - October 27, 2010 - (RealEstateRama) -- The Parade Company and Quicken Loans Inc., the nation’s largest online mortgage lender, have partnered to create the first-ever “Where’s Clownie?” contest to promote the 84th America’s Thanksgiving Parade®. The promotion, which kicks off Sunday, October 24, will engage Metro Detroiters in a scavenger hunt leading them to some of downtown Detroit’s treasures along the parade route on Woodward Avenue to find hidden, large-scale Fatheads (life size wall graphics) of Clownie, the Parade Company’s mascot.
WASHINGTON, D.C. - October 27, 2010 - (RealEstateRama) -- The Commerce Department’s U.S. Census Bureau today released new home sales data for September 2010. Sales of new, single-family homes increased 6.6 percent, exceeding private-sector expectations of a 4.2 percent increase. Sales have increased 8.9 percent from the historic low posted in May
WASHINGTON, DC - October 26, 2010 - (RealEstateRama) -- Today, the Urban Institute released a study, funded by NCB Capital Impact, which demonstrates that housing programs that keep homes affordable over the long term also lessen the likelihood of foreclosures and build wealth for homebuyers. While foreclosures are skyrocketing—the number of home foreclosures in September set a new record—the study found that consumers who obtained homes through long-term affordability programs defaulted at half the national average.
EastGroup Properties Announces Presentation at NAIOP’s Development 2010: The Annual Meeting for Commercial Real...
Jackson, MI - October 26, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today David H. Hoster II, President and Chief Executive Officer, is scheduled to participate on a panel at NAIOP's Development 2010: The Annual Meeting for Commercial Real Estate. Mr. Hoster's panel is scheduled for Wednesday, October 27, 2010 at 4:15 p.m., EDT.
October 26, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), as regulator of the Federal Home Loan Bank System, today announced that it had agreed with the Board of Directors of the FHLBank of Seattle to the issuance of a Consent Order.
CLEVELAND, OH - October 25, 2010 - (RealEstateRama) -- County Prosecutor Bill Mason and the Cuyahoga County Mortgage Fraud Task Force operating under authorization of Ohio Attorney General Richard Cordray and Ohio's Organized Crime Investigations Commission announced that Jeffrey St. Martin, 38, of Chicago, IL plead guilty to 21 felony mortgage fraud-related offenses on October 20, 2010, for his participation in the purchasing of 21 houses with 3.1 million dollars in fraudulent loans. St. Martin’s wife, Ayanna Israel, 34, of Chicago, IL, Israel’s mother, Sandra McRae, 57, of Chicago, IL, and Deborah Nunoo, 49, of Cleveland, also pleaded guilty for their participation as co-defendants in this criminal enterprise. The Housing of Urban Development and investigators of the County Prosecutor’s Office were the primary investigative agencies on the case.
Nixon Peabody Expands Its Mortgage Finance and Foreclosure Team; Cross-office, Cross-practice Team Addresses Evolving...
New York, NY - October 25, 2010 - (RealEstateRama) -- Increased concern and scrutiny on mortgage foreclosure practices have created significant business and legal challenges that affect a broad range of institutions across the United States. As a result, international law firm Nixon Peabody LLP has expanded its Mortgage Finance and Foreclosure Team to offer additional resources to address clients’ growing needs during the mortgage foreclosure crisis. Nixon Peabody’s team includes attorneys from a variety of practices including banking and regulatory, securitization, finance, bankruptcy and restructuring, real estate, real estate litigation, class action litigation, and government investigations.
DALLAS, TX - October 25, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that it has awarded $6.2 million in Affordable Housing Program (AHP) grants, through certain of its member institutions, to help fund the purchase, construction, or renovation of 851 housing units in Mississippi.
WASHINGTON, D.C. - October 25, 2010 - (RealEstateRama) -- On Wednesday, October 27 at 10:00 a.m., the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP) will hold a hearing in room 138 of the Dirksen Senate Office Building. The hearing will inform the Panel's upcoming November oversight report, which will evaluate the progress of Treasury's foreclosure mitigation programs and examine the impact of recently reported foreclosure irregularities on these programs and on the financial sector.
Benchmark Completes Largest Student Housing Project in UCI History, Welcomes Over 1,700 Students Home
IRVINE, CA - October 21, 2010 - (RealEstateRama) -- Benchmark Contractors, Inc., a wholly owned subsidiary of Morley Builders, has completed the third and largest phase of UC Irvine’s East Campus Student Housing Project. Adding 1,198 undergraduate students (Camino del Sol Housing), 562 graduate students (Puerta del Sol Housing) and 1,800 parking spaces, these additional facilities will allow UCI to house 45 percent of its student body on campus, more than any other UC institution
EMERYVILLE, CA - October 21, 2010 - (RealEstateRama) -- Some homes across the country at various price points are selling above asking price, according to the Q3 2010 Home Hunter Report released today by ZipRealty (NASDAQ: ZIPR)
San Jose, CA - October 21, 2010 - (RealEstateRama) -- PropertyMinder, Inc. and SmartZip Analytics, Inc. have entered a technology partnership which will integrate SmartZip Score investment ratings on listings on PropertyMinder’s AccelerAgent™ website platform. SmartZip, an emerging leader in real estate analytics, has analyzed and rated over 70 million U.S. properties based on both home ownership and as rental investments. SmartZip’s analytics bring transparency to the industry and help buyers make more confident, financially sound purchase decisions. Confident buyers and more realistic sellers, in turn, enable agents to sell more homes in less time
MILFORD, CT - October 21, 2010 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender and broker that offers some of the lowest mortgage rates available, announced today the hiring of Michael Dimech as the Company’s new head of operations. Mr. Dimech brings to this new position over 15 years of operation management and underwriting experience within the mortgage industry. His initial focus will be centered around efficiency modeling, operational scalability and team building. Mr. Dimech will play an important role in the Company’s risk management efforts and will be based in Milford, Connecticut.
Tampa, FL - October 21, 2010 - (RealEstateRama) -- The Institute for Business & Home Safety (IBHS) today announced the grand opening of its multi-risk building science research center in Chester County, S.C
WASHINGTON, DC - October 20, 2010 - (RealEstateRama) -- Sluggish job creation and modest consumer spending continue to spur slow economic growth according to the October 2010 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. The economy is expected to grow at a rate below two percent in the current quarter before picking up modestly in the first half of 2011 and strengthening in the second half of next year. The current outlook remains clouded with uncertainty and has not changed materially from the previous forecast, with 2.2 percent growth projected for all of 2010, followed by a 2.5 percent pace for 2011.
GREENGUARD Environmental Institute Founder to Present at Inaugural Green Schools National Conference in Minneapolis
Atlanta, GA - October 20, 2010 - (RealEstateRama) -- The GREENGUARD Environmental Institute is pleased to announce that its founder, Dr. Marilyn Black—a world-renowned environmental health and indoor air quality expert—is a featured speaker at the first Green Schools National Conference Oct. 24-26 in Minneapolis, MN.