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SEC Charges New Jersey Man in Real Estate Investment Scam

Washington, D.C. WASHINGTON, D.C. The Securities and Exchange Commission today charged a New Jersey man with operating a Ponzi-like scheme involving a series of investment vehicles formed for the purported purpose of purchasing and managing rental apar…

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Urban Land Institute Asia Pacific’s Real Estate Summit, “Shaping Sustainable Urban Growth,” To Explore All Facets Of Creating Thriving, Competitive Cities

BEIJING – May 17, 2012 – (RealEstateRama) — More than 300 of the world’s foremost real estate and land use leaders have assembled this week in Beijing for the Urban Land Institute’s first-ever real estate summit in mainland China. ULI is a global …

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Madison Couple Pleads Guilty to Wire Fraud and Money Laundering in Real Estate Investment Scheme

JACKSON, MS – April 3, 2012 – (RealEstateRama) — Demetrius Mathis, 49, and Jacqueline Mathis, 45, husband and wife from Madison, each pled guilty in federal court on Thursday, March 29, 2012 to charges relating to a real estate investment scheme, U.S….

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Former Monterey Businessman Sentenced to 97 Months for Real Estate Investment Fraud

SAN JOSE, CA – April 3, 2012 – (RealEstateRama) — David A. Nilsen was sentenced today to 97 months in prison and ordered to pay $69,828,833 in restitution following his conviction for conspiracy to commit mail and wire fraud in connection with his ope…

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Strong Investment Home Sales Demonstrate Limited Need for Bulk REO Sales Program, Say Realtors®

Washington, DC – March 29, 2012 – (RealEstateRama) — Investment home purchases represented nearly one-third of all existing-home sales last year, according to a National Association of Realtors® report on second homes released today. This robust inve…

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Investment and Vacation Home Sales Surge in 2011

Washington, DC – March 29, 2012 – (RealEstateRama) — WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association o…

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National Housing Endowment Invests in Construction Management Programs with 2012 HELP Grants

WASHINGTON, D.C. – March 21, 2012 – (RealEstateRama) — Students at two universities will benefit from improved residential construction management programs due to grants from the Homebuilding Education Leadership Program (HELP) of the National Housing…

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Survey Shows Banks Should Cut Mortgages

Destin, FL – March 20, 2012 – (RealEstateRama) — Banks and mortgage lenders should slash the balance on mortgages owed by all homeowners in light of the housing crisis blamed heavily on U.S. bankers, according to a new Housing Predictor survey.

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MSU Extension offers “Home Ownership” Workshop and Online Home Ownership Education

February 20, 2012 – (RealEstateRama) — Invest in your homeownership success. Research has shown that people who attend pre-purchase housing counseling or education are more likely to make on-time payments on their mortgage and are less likely to defau…

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CONGRESSMAN BACHUS USA TODAY COLUMN ON PRESIDENT’S NEW HOUSING PLAN

WASHINGTON, DC – February 9, 2012 – (RealEstateRama) — Congressman Spencer Bachus (AL-6) said that more jobs and more private-sector investment, not more failed government programs, are what’s needed to help struggling homeowners.

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