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OFIR Releases PSAs Helping Consumers Shop for Auto, Home Insurance
August 9, 2011 Posted by Michigan RealEstateRama
LANSING, MI – August 9, 2011 – (RealEstateRama) — The Office of Financial and Insurance Regulation (OFIR) announced today that it has released radio public service announcements (PSAs) aimed at helping Michigan consumers shop around for more affordable automobile and homeowners insurance rates. The PSAs, which can be heard on radio stations throughout the state, advise Michigan drivers and homeowners to use OFIR resources to help them stretch their insurance dollar.
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New Jersey Division of Consumer Affairs Takes Action Against Seven Illegal “Mortgage Loan Modification” Providers and Seek Restitution for Consumers
August 3, 2011 Posted by Associa
NEWARK, NJ – August 3, 2011 – (RealEstateRama) — Continuing the State’s on-going efforts to thwart fraudulent “mortgage loan modification” enterprises, Attorney General Paula T. Dow and the State Division of Consumer Affairs filed administrative actions against seven businesses for illegally offering mortgage modification services to homeowners in dire financial straits. State law requires that anyone providing these services in New Jersey be licensed as a Debt Adjuster by the Department of Banking and Insurance, or be otherwise authorized.
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Market Share on Rise for Manufactured Housing Industry
August 3, 2011 Posted by RealEstateRama
Arlington, VA – August 3, 2011 – (RealEstateRama) — As the United States continues to deal with a still-struggling economy, it might be easy to assume that all of the housing industry is part of the same scenario. However, industry leaders such as Thayer Long, president and CEO of the Manufactured Housing Institute (MHI), believe manufactured housing is a key economic solution for present and future home buyers.
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Does Your Mobile Home Insurance Cover Flood?
July 12, 2011 Posted by FEMA
BISMARCK, N.D. – July 12, 2011 – (RealEstateRama) — North Dakota residents whose mobile homes have been flooded will need to provide proof that their mobile home insurance has no flood coverage before they can receive disaster housing assistance fr…
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American Institute of Architects To Develop Database of Stalled Projects Suitable for Investor Financing
June 29, 2011 Posted by AIA
Chicago, IL – June 29, 2011 – (RealEstateRama) — The American Institute of Architects (AIA) today announced it would make available to potential investors a database of stalled building projects nationwide that make economic sense but which lack the financing to be completed.The AIA is announcing this commitment here today as a participating member at CGI America, the first conference of the Clinton Global Initiative solely dedicated to economic issues impacting the United States. The database should be available in coming months.
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Builders Back Reauthorization of Flood Insurance Program
June 23, 2011 Posted by NAHB
WASHINGTON, D.C. – June 23, 2011 – (RealEstateRama) — The National Association of Home Builders (NAHB) today expressed support for a five-year extension of the National Flood Insurance Program (NFIP) to ensure that the federally-backed flood insurance program remains efficient and effective in protecting flood-prone properties and creates more stability in the housing market.Testifying before the Senate Banking Committee, Barry Rutenberg, first vice chairman of NAHB and a home builder from Gainesville, Fla., told lawmakers that because the NFIP has had to undergo a series of short-term extensions over recent years, it has created a high level of uncertainty in the program and caused severe problems for the nation’s already troubled housing markets.
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Illinois Department of Insurance Reminding Consumers to Review Flood Insurance Policies
June 20, 2011 Posted by Illinois RealEstateRama
CHICAGO, IL – June 20, 2011 – (RealEstateRama) — As record floods and other natural disasters strike communities across the country, the Illinois Department of Insurance is reminding Illinois homeowners and renters to review insurance coverage to determine if flood insurance is required.
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Campbell Introduces Bill to Reduce Commercial Property Insurance Prices
June 17, 2011 Posted by California RealEstateRama
Washington, DC – June 17, 2011 – (RealEstateRama) — Representative John Campbell (R-CA) and Representative Peter Welch (D-VT) have introduced H.R. 2126, the Risk Retention Modernization Act to allow risk retention groups (RRGs) and risk purchasing groups (RPGs) to expand their insurance offerings to include commercial property coverage. This legislation would encourage increased competition in premiums and significantly lower the rates consumers, especially small businesses, pay in places where coverage is currently very limited and relatively unaffordable.
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Two Pennsylvania Men Charged With Damaging Homes in South Jersey in Order to Collect Insurance Monies for Construction Company
June 16, 2011 Posted by New Jersey RealEstateRama
TRENTON, NJ – June 16, 2011 – (RealEstateRama) — Attorney General Paula T. Dow and Division of Criminal Justice Director Stephen J. Taylor announced that two Pennsylvania men and a construction company have been charged in a state grand jury indictment for their alleged roles in an insurance fraud scheme that targeted homes purportedly damaged by hail.
Read the full article: Two Pennsylvania Men Charged With Damaging Homes in South Jersey in Order to Collect Insurance Monies for Construction Company ...
More than 100 NeighborWorks HomeOwnership Centers Now Open
June 13, 2011 Posted by NeighborWorks
Washington, D.C. – June 13, 2011 – (RealEstateRama) — Today NeighborWorks America announced that more than 100 NeighborWorks HomeOwnership Centers have opened their doors in more than100 communities across the nation. NeighborWorks HomeOwnership Centers help low- and moderate-income families achieve homeownership the NeighborWorks way:
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