News

365 Connect Publishes Case Study on Online Resident Usage in Affordable Housing

NEW ORLEANS, LA – February 7, 2012 – (RealEstateRama) — 365 Connect, the New Orleans based, award winning online technology platform provider for the multifamily industry, announced today publication of a Two-Year Study of its Multifamily Internet Pla…

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FinCEN Requires AML Program and SAR Filing for Non-Bank Mortgage Lenders and Originators Reporting Would Assist Law Enforcement with Fraud Detection

VIENNA, VA – February 7, 2012 – (RealEstateRama) — The Financial Crimes Enforcement Network (FinCEN) today finalized regulations that require non-bank residential mortgage lenders and originators to establish anti-money laundering (AML) programs and f…

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OBAMA ADMINISTRATION RELEASES JANUARY HOUSING SCORECARD

WASHINGTON, DC – February 7, 2012 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the January edition of the Obama Administration’s Housing Scorecard – a comprehe…

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Builder Confidence for the 55+ Housing Market Ends Fourth Quarter on an Upswing

WASHINGTON, D.C. – February 7, 2012 – (RealEstateRama) — Builder confidence in the 55+ housing market for single-family homes rose four points to 18 compared to the same period a year ago, according to the latest National Association of Home Builders

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NARI’s green education program introduces a different way of thinking

WASHINGTON, D.C. – February 6, 2012 – (RealEstateRama) — Hallie Bowie, GCP, architect and owner of New Leaf Home Design, based in Akron, Ohio, earned her Green Certified Professional (GCP) designation through NARI in 2007 when it was first introduced …

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UN: Sacramento is Violating Human Rights of Homeless Persons

SACRAMENTO, CA – February 6, 2012 – (RealEstateRama) — In an unprecedented letter to Sacramento Mayor Kevin Johnson, the United Nations has delivered a clear message: by not providing sanitation and safe drinking water, the city is violating the human…

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MBA: Ten Percent of Non-Bank Commercial/Multifamily Debt Will Mature in 2012, Down From 2011

Atlanta, GA – February 6, 2012 – (RealEstateRama) — Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a 3 percent decline from the $154.7 billion that matured in 2011, a…

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MBA Forecasts $230 Billion of Commercial/Multifamily Mortgage Originations in 2012; $2.4 Trillion of Commercial/Multifamily Mortgage Debt Outstanding

Atlanta, GA – February 6, 2012 – (RealEstateRama) — In its inaugural forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will hit $230…

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2011 Q4 Commercial/Multifamily Mortgage Originations Up 13 Percent from 2010 Q4; 2011 Total Up 64 Percent from 2010 Total

Atlanta, GA – February 6, 2012 – (RealEstateRama) — Commercial/multifamily originations during the fourth quarter of 2011 were up 13 percent over the fourth quarter of 2010, but fell 7 percent from the third quarter of 2011, according to the Mortgage …

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WEEKLY ADDRESS: It’s Time for Congress to Act to Help Responsible Homeowners

WASHINGTON, DC – February 6, 2012 – (RealEstateRama) — In this week’s address, President Obama continued his call for a return to American values, including fairness and equality, as part of his blueprint for an economy built to last. This is why t…

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