News

House Passes One-Year Extension of Mortgage Debt Forgiveness Tax Relief

WASHINGTON, D.C. – December 9, 2014 – (RealEstateRama) — On Dec. 3, 2014, the House of Representatives passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a strong bipartisan vote of 378-46. The Senate has not yet acted on the tax extenders,…

Capps Bill to Honor Federal Corrections Officer Killed on Duty Passes House

WASHINGTON, D.C. – December 9, 2014 – (RealEstateRama) –Rep. Lois Capps (CA-24) applauded the bipartisan, unanimous passage of her bill, H.R. 5562, which would designate the U.S. Post Office building at 801 W. Ocean Avenue in Lompoc as the Federal Co…

Massachusetts Launches Pay For Success Initiative to Reduce Chronic Individual Homelessness

FRAMINGHAM – December 9, 2014 – (RealEstateRama) — Governor Deval Patrick today announced the launch of a Massachusetts Pay for Success (PFS) initiative that will leverage philanthropic and private capital investments to reduce chronic individual home…

Major Rebrand Announcement: New Jersey Realtors

Edison, N.J. – December 8, 2014 – (RealEstateRama) — Today, the New Jersey Association of Realtors announced it has rebranded and will now be known as the New Jersey Realtors, or NJ Realtors for short. In addition to its new name, the organization has…

Rep. Miller Honored by Southeastern Michigan’s Home Builders Association

Harrison Township, MI – December 8, 2014 – (RealEstateRama) — Today, U.S. Representative Candice Miller (MI-10) received the Distinguished Service to Government Award from the Home Builders Association of Southeastern Michigan for her outstanding supp…

Long Criticizes Corps Move Impacting Table Rock Lake Property Owners

WASHINGTON, D.C. – December 5, 2014 – (RealEstateRama) — The U.S. Army Corps of Engineers (Corps) Little Rock District recently announced they are instituting a new moratorium to determine a baseline number of permits and docks for a shoreline managem…

South Carolina REALTORS® Release October Market Numbers

COLUMBIA, S.C. – November 26, 2014 – (RealEstateRama) — South Carolina REALTORS® (SCR) today released its October 2015 statewide housing market reports. The reports show housing is normalizing in South Carolina and nationwide, with housing starts and…

HUD Secretary Julián Castro stresses need for expanding credit and reforming housing finance system at C.A.R.’s inaugural Real Estate Summit

LOS ANGELES – November 25, 2014 – (RealEstateRama) — An audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists, and policymakers gathered this month in Los Angeles for the inaugural Real Estate Summit: Part…

C.A.R. applauds FHFA for keeping Fannie Mae and Freddie Mac conforming loan limits unchanged

LOS ANGELES – November 25, 2014 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2015 maximum conforming…

Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging and Fraud at Public Foreclosure Auctions

WASHINGTON, D.C. – November 24, 2014 – (RealEstateRama) — Two Northern California real estate investors have agreed to plead guilty for their role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern…