News

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…

Rep. Ellison in Star Tribune: Housing Funding Strategy is Upside Down

WASHINGTON, D.C. – November 24, 2014 – (RealEstateRama) — Rep. Keith Ellison (D-MN) penned the following op-ed in the Minneapolis Star Tribune this morning on our current housing investements.

Illinois home sales see slight gain in October;

SPRINGFIELD, Ill. – November 20, 2014 – (RealEstateRama) — Illinois home sales inched higher in October and median home prices continued upward with a statewide year-over-year increase of 6.0 percent, according to the Illinois Association of REALTORS

$100 Million Mortgage Initiative for Homebuyers in Prince George’s County

Hyattsville, MD – November 20, 2014 – (RealEstateRama) — Acting Secretary Clarence Snuggs, Prince George’s County Executive Rushern Baker III and Attorney General Douglas F. Gansler today announced the launch of the Maryland Mortgage Program TripleP…

Consumer Alert: Attorney General Horne Warns Consumers About Super Bowl Rental Scams

Phoenix, AZ – November 20, 2014 – (RealEstateRama) — Attorney General Tom Horne and Real Estate Commissioner Judy Lowe are today warning consumers to be cautious of businesses who say they can help you earn money by renting your home during the 2015 S…

Pennsylvania Department of Banking and Securities Earns Bank, Mortgage Supervision Reaccreditations

WASHINGTON, D.C. – November 20, 2014 – (RealEstateRama) — The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced today that the Pennsylvania Department of Banking and Securitie…

Low mortgage rates fail to perk California home sales in October

LOS ANGELES – November 19, 2014 – (RealEstateRama) — The lowest mortgage rates in 18 months failed to spark the California housing market in October as sales stayed flat and home prices increased at the slowest pace since early 2012, the CALIFORNIA AS…