House Passes Chinese Drywall Resolution
Washington, DC - December 3, 2009 - (RealEstateRama) -- The House of Representatives today passed a resolution cosponsored by Congressman Bill Posey (R-Rockledge) to encourage banks and mortgage service providers to work with families affected by contaminated drywall and to allow temporary forbearance without penalty on payments on their home mortgages. The resolution is nonbinding but serves to raise awareness to the unfortunate situation that has affected some homeowners in recent years.
Congressman Salazar says banks “better start helping people keep their homes”
WASHINGTON, D.C. - December 3, 2009 - (RealEstateRama) -- Today Congressman John Salazar voiced strong support for the Obama Administration’s recent demand that lending institutions step up efforts to help those fighting off foreclosure through the government’s “Making Home Affordable” program. Specifically, Congressman Salazar expressed his anger over reports that the banks have been evasive and unhelpful to constituents in Colorado’s Third Congressional District.
House Approves CJ’s Home Protection Act
WASHINGTON, DC - December 2, 2009 - (RealEstateRama) -- The House approved legislation today to provide Americans in the path of dangerous storms with life-saving warnings. CJ's Home Protection Act requires manufactured and mobile homes to be equipped with emergency weather radios. The bill is named after CJ Martin, a two-year-old boy, whose life was taken by an F3 tornado in Southwest Indiana in 2005.
Hill Reminds Southern Indiana Residents about Homebuyer Tax Credit Extension
Washington, DC - December 2, 2009 - (RealEstateRama) -- Congressman Baron Hill wants to remind Southern Indiana residents that potential homebuyers will be able to take advantage of the $8,000 homebuyer tax credit through next spring. The extension took effect yesterday, December 1, 2009, and will last until April 30, 2010
Minnick supports two credit measures for consumers
Washington, D.C. - December 2, 2009 - (RealEstateRama) -- In these tough times, Idahoans deserve the chance to buy a home or attend college without having to worry about unfair marks from credit agencies.
Idaho Joins Other States in Efforts to Enhance Supervision of Multi-State Mortgage Companies
December 2, 2009 - (RealEstateRama) -- Gavin Gee, director of the Idaho Department of Finance, today announced the signing of an updated agreement to cooperatively work with other state mortgage regulators in overseeing the activities of state-licensed mortgage companies operating across state lines
Foreclosure Mitigation Counseling a Success in Florida and Nationwide
TALLAHASSEE, FL - December 2, 2009 - (RealEstateRama) -- Florida Housing Finance Corporation (Florida Housing) recently received a report stating the funds from the NeighborWorks® America’s National Foreclosure Mitigation Counseling Program (NFMC) is a success with helping Floridians facing foreclosure in the state
Congressman Al Green supports approval of METRO project to expand Light Rail in Houston
Houston, TX - December 2, 2009 - (RealEstateRama) -- Congressman Al Green (TX-09) expressed his support today for the Federal Transit Administration's decision to approve a project that aims to expand Houston's Light Rail System to different areas of the city
Free mortgage help available at foreclosure prevention event
SEATTLE, WA - December 3, 2009 - (RealEstateRama) -- Are you struggling to pay your mortgage because of a subprime loan, a job loss or a one-time financial crisis like an illness or divorce?
Mayor Bloomberg Announces Over 100 PlaNYC Energy Efficiency Retrofit Projects Have Been Launched or...
New York, NY - December 2, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Operations Edward Skyler and Department of Citywide Administrative Services Commissioner Martha K. Hirst today announced that 104 projects to reduce energy use and meet the emissions reduction goals of PlaNYC are under construction or completed.
Loan Broker Pleads Guilty to Multi-Million Dollar Mortgage Fraud Scheme
ALEXANDRIA, VA - December 1, 2009 - (RealEstateRama) -- Michael Milan, 49, of Bethesda, Md., pleaded guilty yesterday to conspiracy to commit mail and wire fraud for his role in carrying out a multi-million dollar mortgage fraud scheme.
Gordon Announces Homebuyer Tax Credit Extension Takes Effect
WASHINGTON, D.C. - December 1, 2009 - (RealEstateRama) -- Congressman Bart Gordon announced that starting today (Dec. 1), first-time homebuyers in Tennessee will be able to take advantage of an $8,000 tax credit for an additional five months, and existing homeowners are eligible for a $6,500 tax credit for new home purchases.
Congressman Brady joins HUD Secretary at celebration of opening a new green public housing...
Philadelphia, PA - November 24, 2009 - (RealEstateRama) -- “The Philadelphia Housing Authority has shaped a model for green construction while also creating green jobs and breathing new life and opportunities for distressed communities,” said Congressman Brady (D., PA)
CT REIA Free Teleseminar for new members and investors
Get your Real Estate Investing career started off right! FREE Teleconference! Attention all new members and new investors! We will holding a free teleconference to help get you pointed in the right direction so you can begin making money through real estate right away!
Congressman Childers Announces Homebuyer Tax Credit Extension to Take Effect Today
Washington, DC - December 1, 2009 - (RealEstateRama) -- Beginning today, Mississippi homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, Congressman Travis Childers (MS-01) announced. Childers has led the effort in the House of Representatives to extend the credit, introducing legislation in September to make the credit available for an additional year and expand it to all owners of a principle residence
Haynes Joins St. Louis Fed’s Real Estate Industry Council
ROGERS, AR - December 1, 2009 - (RealEstateRama) --H. Collins Haynes, chief executive officer of HaynesLimited in Rogers, Ark., has joined the Real Estate Industry Council of the Federal Reserve Bank of St. Louis.
Department of Banking and Finance Enters into a Consent Order with Gateway Mortgage Group,...
Atlanta, GA - December 1, 2009 - (RealEstateRama) -- On November 23, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Gateway Mortgage Group, LLC, License Number 20712, located at 6910 E. 14th Street, Tulsa, Oklahoma 74112, and its president, John Kevin Stitt, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.
Planning for College? Florida Realtors Offers a Total of $28,000 in Scholarship Awards
ORLANDO, FL - December 1, 2009 - (RealEstateRama) -- Florida high school seniors: Are you filling out college applications and poring over potential scholarship programs? Then make plans to enter the Florida Realtors®’ 2009-2010 Scholarship/Essay Contest for High School Seniors for a chance to win up to $6,000 in scholarship funding
Perlmutter Announces Extension of Home Buyer Tax Credit Today
Washington, DC - December 1, 2009 - (RealEstateRama) -- Beginning today, Colorado homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, U.S. Rep. Ed Perlmutter (CO-07) announced
Millions in federal stimulus funding benefit Ohioans through affordable housing development
COLUMBUS, OH - December 1, 2009 - (RealEstateRama) -- More than $13 million made possible through the American Recovery and Reinvestment Act will support the creation of over 400 units of affordable housing in seven Ohio communities.
State Announces More Than $17 Million In Homeless Assistance Grant Awards
Columbus, OH - November 30, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, Director of the Ohio Department of Development, today announced that 82 agencies were awarded more than $17 million in homeless assistance and prevention grants from the Homeless Assistance Grant Program, administered by the Ohio Department of Development’s Community Development Division.
Notice to Interested Parties Request for Comments and Notice of Public Hearing – Relating...
The Bureau of Consumer Credit Protection is proposing a new rule, titled “Adjustment of Non-Bank Mortgage Lender Fees to Fund Investigative and Legal Compliance Personnel.” A copy of that proposed rule is attached. The Bureau will provide an opportunity for public comment on this proposed rule on Wednesday morning, the 9th of December, 2009, at the Department's Gardiner Annex, 76 Northern Avenue, Gardiner, Maine 04345, starting at 8:30 AM.
Permanent Property Tax Caps Must Pass Now
December 1, 2009 - (RealEstateRama) -- During the 2008 legislative session, I voted in favor of House Enrolled Act 1001, which enacted major property tax reform. During the same session, I also voted in favor of Senate Joint Resolution 1, which started the process of placing the property tax caps permanently in our state's Constitution.
Department of Banking and Finance Enters into a Consent Order with First-Rate Mortgage Inc....
Atlanta, GA - December 1, 2009 - (RealEstateRama) -- On November 23, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with First-Rate Mortgage Inc., License Number 13134, located at 2377 Terrell Drive, Atlanta, Georgia 30341, and its president, Steven Post, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules
Castor’s Statement on Mortgage Modification Initiative
Washington, DC - December 1, 2009 - (RealEstateRama) -- U.S. Representative Kathy Castor released the following statement today. "Tampa Bay area families will benefit under the improved mortgage modification campaign announced by the Obama Administration today. Qualified families must be proactive and loan servicers must be held accountable for results.
Castor’s Statement on Mortgage Modification Initiative
Washington, DC - December 1, 2009 - (RealEstateRama) -- U.S. Representative Kathy Castor released the following statement today. "Tampa Bay area families will benefit under the improved mortgage modification campaign announced by the Obama Administration today. Qualified families must be proactive and loan servicers must be held accountable for results.
Florida Housing Encourages All Floridians to Participate in 2010 Census
TALLAHASSEE, FL - December 1, 2009 - (RealEstateRama) -- The 2010 U.S. Census is right around the corner. Florida Housing encourages all Floridians to do your part by completing and returning your mandatory Census forms.


