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Former Las Vegas Resident Charged with Committing Mortgage Fraud in Nevada

LAS VEGAS NV - November 12, 2009 - (RealEstateRama) -- A former Las Vegas resident has been charged with federal conspiracy and fraud charges for his involvement in a Nevada mortgage fraud scheme involving straw buyers and falsified mortgage loan documents, announced Daniel G. Bogden, United States Attorney for the District of Nevada.

Representative Fudge To Host Foreclosure Prevention Clinic

CLEVELAND, OH - November 13, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) will host a free foreclosure prevention clinic at the Cleveland Heights Community Center on November 17th. The clinic is the second in a series and will connect residents with housing counselors to discuss ways to prevent mortgage delinquency.

Schumer: More Than 14,000 Nys Vets Now Homeless — Current Veterans Health And Homeless...

Washington, DC - November 11, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer today said that current federal veteran’s health and homeless prevention programs are starved for funding and cannot handle the massive wave of traumatized veterans forced to live on the streets.

Schumer, Menendez: Nearly 10,000 Nyc Metro Area Vets Now Homeless — Current Veterans Health...

Washington, DC - November 11, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Robert Menendez today said that current federal veteran’s health and homeless prevention programs are starved for funding and cannot handle the massive wave of traumatized veterans forced to live on the streets.

Three Men Allegedly Obtained More Than $4.5 Million in Fraudulent Mortgage Loans

DAYTON, OH - November 3, 2009 - (RealEstateRama) -- A federal grand jury here has indicted James L. Mack, 64, a former loan officer at the Centerville branch of Republic Bank, Walter A. Millat, 70, and his son William E. Millat, 49, all of Dayton, charging the three men with operating a scheme to fraudulently obtain more than $4.5 million in mortgage loans by fraudulently orchestrating the purchase and sale of more than 100 properties in the Dayton area between 2001 and 2006.

Hinchey Details How Southern Tier Residents Will Benefit from Extended & Expanded Homebuyer Tax...

Johnson City, NY - November 11, 2009 - (RealEstateRama) -- As part of his ongoing effort to strengthen the housing market and the overall economy in the Southern Tier, Congressman Maurice Hinchey (D-NY) today held a roundtable discussion with members of the Greater Binghamton Association of Realtors to discuss legislation he recently helped the House pass that extends the $8,000 federal tax credit for first-time homebuyers through April 30, 2009 and creates a new $6,500 federal tax credit for non-first-time homebuyers who have been in their current residence at least five years.

Hinchey Details How Southern Tier Residents Will Benefit from Extended & Expanded Homebuyer Tax...

Johnson City, NY - November 11, 2009 - (RealEstateRama) -- As part of his ongoing effort to strengthen the housing market and the overall economy in the Southern Tier, Congressman Maurice Hinchey (D-NY) today held a roundtable discussion with members of the Greater Binghamton Association of Realtors to discuss legislation he recently helped the House pass that extends the $8,000 federal tax credit for first-time homebuyers through April 30, 2009 and creates a new $6,500 federal tax credit for non-first-time homebuyers who have been in their current residence at least five years.

Merkley Supports Efforts to Assist Homeless Veterans

Washington, DC - November 10, 2009 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley signed on Tuesday as a co-sponsor of three bills to provide shelter and assistance to homeless veterans. The bills will authorize funding to expand housing and health services for low-income veterans.

ARC Picks UP 466,000 SF Home Depot Warehouse

New York City, NY - November 10, 2009 - (RealEstateRama) -- American Realty Capital, based here, has acquired a 465,600-square-foot Home Depot distribution facility in Columbia, SC in a deal arranged by Broad Street Advisors, also of New York City.

Attorney General Abbott Takes Enforcement Action Against Dallas-area ‘Mortgage Rescue’ Operation

DALLAS, TX - November 10, 2009 - (RealEstateRama) -- Texas Attorney General Greg Abbott today took legal action to obtain restitution for a fraudulent “mortgage rescue” firm’s victims.

Wicker & Cochran Introduce Bill to Extend Important Gulf Coast Rebuilding Tax Incentive

WASHINGTON, DC - November 10, 2009 - (RealEstateRama) -- A key tax incentive designed to spur rebuilding efforts in the areas hardest hit by Hurricane Katrina would be extended for two years by legislation introduced today by U.S. Senators Roger Wicker and Thad Cochran

GOVERNOR CULVER ANNOUNCES $1.2 MILLION IN I-JOBS FUNDING TO BUILD, PRESERVE AFFORDABLE HOUSING

Awards will aid residents of Red Oak, Avoca, Sioux City, Waverly, Waterloo, Onawa and Iowa City. DES MOINES, IA - November 10, 2009 - (RealEstateRama) -- Governor Culver announced today that five entities from around Iowa will receive a total of nearly $1.2 million to build and rehabilitate affordable housing. The awards are made through Affordable Housing Assistance Grant Funds, a part of the Culver/Judge Administration’s I-JOBS initiative. The Iowa Finance Authority administers the program

Florida’s Existing Home, Condo Sales Rise in 3Q 2009

ORLANDO, FL - November 10, 2009 - (RealEstateRama) -- Sales of existing single-family homes in Florida rose 33 percent in third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 44,345 existing homes sold statewide in 3Q 2009; during the same period the year before, a total of 33,311 existing homes sold. It marks the fifth consecutive quarter that Florida has seen higher existing year-to-year home sales, according to the state association.Statewide sales of existing condominiums in the third quarter rose 56 percent compared to the same time the previous year. This marks the fourth consecutive quarter for increased statewide sales in both the existing home and condo markets compared to year-ago levels

Mortgage and Real Estate Broker Sentenced to Prison for Mortgage Fraud

HOUSTON, TX - November 9, 2009 - (RealEstateRama) -- Clarence Lewis III, 46, of Houston, has been sentenced to 15 years in federal prison without parole for running a mortgage fraud scheme, United States Attorney Tim Johnson announced today.

Home Buyer Tax Credit Fuels Long Island Home Sales

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. (MLSLI) released the October 2009 housing statistics for Long Island that reported a $360,200 closed median home price for Nassau, Suffolk and Queens County.

County Executive Steve Levy & LIBOR Announce New Fair Housing Law in Suffolk County

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Long Island Board of REALTORS® (LIBOR) is proud to announce that County Executive Steve Levy has signed ground breaking fair housing legislation for Co-ops into law.

Wisconsin Home Sales Up in Third Quarter as Median Prices Moderate

MADISON, WI - November 10, 2009 - (RealEstateRama) -- Wisconsin home sales increased for the first time since the recession began nearly two years ago, according to data reported by the Wisconsin REALTORS® Association (WRA).

Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market

MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) -- Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.

NJAR® Releases Statement Regarding 3rd Quarter Home Sales Report

Edison, NJ - November 10, 2009 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2009 Third Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, today issued the following statement:

First Lady Announces Hunger and Homelessness Awareness Week in Kentucky

FRANKFORT, KY - November 10, 2009 - (RealEstateRama) -- First Lady Jane Beshear, joined by homeless advocates and other state officials, today announced November 15-21, 2009 as Hunger and Homelessness Awareness Week in Kentucky.

Hill Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit and Business Tax Relief to...

H.R. 3548 was passed by the House Thursday and signed into law by President Obama Friday. Washington, DC - November 10, 2009 - (RealEstateRama) -- Late last week, Congressman Baron Hill voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act, H.R. 3548, will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide. The bill was passed by the House of Representatives on Thursday, November 5, 2009, and signed into law the next day by President Obama.

DHS energy assistance program helps Georgians with their home heating bills

ATLANTA, GA - November 10, 2009 - (RealEstateRama) -- As the colder winter months approach, the Georgia Department of Human Services (DHS) will once again help Georgians struggling to keep up with the cost of heating their homes.

Rep. Matsui Announces $344,000 for Local Heath Care for the Homeless Program

WASHINGTON, DC - November 10, 2009 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-Sacramento) announced that $344,621 has been awarded to the Sacramento County Department of Health and Human Services through a federal grant from the Health Resources and Services Administration to support outreach and primary care services for homeless populations in Sacramento. Thanks to this funding, the Mercy Clinic at Loaves and Fishes will continue to provide area homeless with outpatient primary and public health care services--as well as inpatient and other secondary and tertiary health care services--in cooperation with local doctors and hospitals. This competitive award will allow the clinic to continue operating through 2012.

Julie Clark Receives “Friend of Housing” Award

Pierre, SD - November 9, 2009 - (RealEstateRama) -- The South Dakota Housing Development Authority (SDHDA) recently awarded Ms. Julie Clark with their “Friend of Housing” award during their 19th Annual Housing Conference held in Pierre.

Texas Tower Limited Acquires JPMorgan Chase Center in Houston – Hines to Manage and...

HOUSTON, TX - November 9, 2009 - (RealEstateRama) -- Texas Tower Limited, owner of the 75-story JPMorgan Chase Tower, announced today the acquisition of the adjacent JPMorgan Chase Center in downtown Houston from JPMorgan Chase.

Port Authority Releases Third Quarter Milestone Report On World Trade Center Rebuilding

New York, NY - November 9, 2009 - (RealEstateRama) -- The Port Authority has met 21 of 24 World Trade Center rebuilding milestones, according to its latest quarterly milestone report, released today.

Get Homes and Insurance Ready for Hurricane Ida

Jackson, MS - November 9, 2009 - (RealEstateRama) -- The Mississippi Insurance Department (MID) reminds everyone that preparation in advance of a storm can help save lives and property and can prevent unpleasant insurance surprises should Hurricane Ida take aim at the state.

McCollum Files Lawsuit Against Central Florida Companies for Loan Modification Scams

TALLAHASSEE, FL - November 9, 2009 - (RealEstateRama) -- Attorney General Bill McCollum today announced that his office has filed a lawsuit against two Central Florida companies and their owner over allegations they charged up-front fees for foreclosure rescue-related services. National Payment Modification Company and The Bostonian Group, LLC, which conducts business under the name People’s First, allegedly charge up to $2,500 in up-front fees to homeowners trying to rescue their homes from foreclosure.

Liberty Bank and Trust Company, New Orleans, Louisiana, Assumes All of the Deposits of...

November 9, 2009 - (RealEstateRama) -- Home Federal Savings Bank, Detroit, Michigan, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Liberty Bank and Trust Company, New Orleans, Louisiana, to assume all of the deposits of Home Federal Savings Bank.

Four New Jersey farms to be sold at auction

Four preserved farms in New Jersey totaling nearly 400 acres will be sold in three separate auctions in the next two months. November 9, 2009 - (RealEstateRama) -- Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auctions for Nov. 19 in Colts Neck, Dec. 3 in Hamilton and Dec. 10 in Pittstown, Hunterdon County

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C.A.R. Business Products Offers RentSpree to Streamline Tenant Screening and Rental...

Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and RentSpree have partnered to offer all California REALTORS® 24/7 access to RentSpree’s online rental application and tenant verification services. RentSpree will be offered through the C.A.R. Business Products division, and will help REALTORS® reduce liability while working efficiently with lease/rental transactions.