Monthly Archives: April 2010

McLean, VA - April 28, 2010 - (RealEstateRama) -- The National Association of Mortgage Brokers (NAMB) applauded the House Committee on Financial Services for passing three bills positively affecting the mortgage industry, clearing the bills for consideration by the full House of Representatives. The bills would, among other things, provide additional funding for the U.S. Department of Agriculture (USDA) Rural Housing Service Loan Guarantee Program (section 502 Loans); would extend the National Flood Insurance Program; and would provide necessary FHA reform to continue offering borrowers affordable mortgage options.

April 28, 2010 - (RealEstateRama) -- On Friday, May 7, 2010 Rep. Ed Royce (R-CA) will host a Combat Fraud Forum at the Cypress Community Center located at 5700 Cypress Avenue from 1:00 p.m. to 3:00 p.m. Attendees will obtain information on identity theft, mortgage loans and lending, investment scams, charity fraud, Medicare fraud and more

Issue Is Too Important for Partisan Fighting. April 28, 2010 - (RealEstateRama) -- Following the second consecutive failed vote to open debate on how we best reform our financial system, Representative Ellsworth released the following statement

WASHINGTON, DC - April 28, 2010 - (RealEstateRama) -- The Building Owners and Managers Association (BOMA) International will feature a comprehensive educational program at the 2010 BOMA International Conference & The Every Building Show® in Long Beach, California, June 27-29, focusing on strategies for optimizing performance and creating value in today’s challenging commercial real estate market. The program, featuring nearly 40 sessions built around five strategic tracks, will include sessions on high performing buildings, reducing operating costs, maintaining tenants and keeping top-notch management teams in place

Washington, DC - April 28, 2010 - (RealEstateRama) -- Today, Congressman Leonard Boswell supported and the House passed H.R. 5017, the Rural Housing Preservation and Stabilization Act, to ensure that families in rural Iowa communities continue to have access to affordable mortgages through the Department of Agriculture’s loan guarantee program.

WASHINGTON, DC - April 28, 2010 - (RealEstateRama) -- The National Association of Realtors® is urging the Senate to act quickly to approve House legislation passed today to extend loan commitment authority under the Rural Housing Service program to help families purchase homes in rural areas. The present commitment is expected to expire Friday, April 30

NORTH ATTLEBOROUGH, MA - April 28, 2010 - (RealEstateRama) -- A former manufacturing facility in North Attleborough that was contaminated with metals, chemical solvents and oil will be cleaned up and commercially redeveloped as a result of a Brownfields Covenant Not to Sue Agreement Attorney General Martha Coakley’s Office entered into with the owner and prospective developer of the site

WASHINGTON, D.C. - April 28, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 23, 2010. The Market Composite Index, a measure of mortgage loan application volume decreased 2.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 1.9 percent compared with the previous week

EUGENE, OR - April 28, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce the addition of Lakes & Links International Realty's Cheri Foutz, to the ever expanding group of real estate professionals choosing to simplify their websites, with the help of a customized Internet Data Exchange (IDX) solution. By combining listings from the Mid Florida Regional MLS (MFRMLS), which Foutz is a member of, and properties Foutz represents, clients will have access to thousands of homes in the Lake Mary, Florida area. IDX Broker technology extracts raw listing data right from the MFRMLS, and seamlessly integrates it onto Foutz's website

Destin, FL - April 28, 2010 - (RealEstateRama) -- A new company started to align bankers interests with upside down homeowners at risk of losing their homes may save 5 to 7 million mortgage holders from losing their homes to foreclosure

EUGENE, OR - April 28, 2010 - (RealEstateRama) -- IDX, Inc. welcomes Phoenix area real estate broker Tyler Stone with Infinity Health Real Estate, to the constantly growing number of agents and brokers choosing to simplify their professional websites with a customizable IDX solution. As a member of the Arizona Regional MLS (ARMLS), Stone has access to all of the area's property listings. This information has never been as easy for potential home buyers to use. But thanks to the IDX Broker technology, created by IDX, Inc., anyone searching for the perfect property can see these listings conveniently on Stone's website.

EUGENE, OR - April 28, 2010 - (RealEstateRama) -- Today's addition of Realtor Kimberly Spano with Total Quality Real Estate to the IDX, Inc. family is a great one for both parties. Spano's Coral Gables community listings are paired with the Greater Miami and the Beach MLS (GMBMLS), to bring her clients the most up-to-date and extensive property listings in the area. Her custom IDX solution gives Spano the opportunity to grant potential home buyers access to thousands of homes online

EDISON, NJ - April 28, 2010 - (RealEstateRama) -- Looking for investment properties? Fifteen commercial and investment properties in New York and New Jersey will be auctioned off next month with absolute and minimum bids starting at just $90,000

EUGENE, OR - April 28, 2010 - (RealEstateRama) -- IDX, Inc. uses its primary software application, IDX Broker, to bring its time-saving search features to Terrence Kilgallen with Weichert Realtors in Clinton, New Jersey's website. This custom IDX solution provides Kilgallen with a unique mode to link prospective home buyers with an infinite amount of the most up-to-date property listings within his local Multiple Listing Service (MLS), the Garden State – Agent MLS (GSMLS-A). Now, any individual consumer with internet access can view and sift through properties on their own personal computers, at any point in time, when browsing Kilgallen's site.

Washington, DC - April 28, 2010 - (RealEstateRama) -- The House Financial Services Committee today passed legislation introduced by Congresswoman Maxine Waters (D-CA) to improve the National Flood Insurance Program (NFIP), the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. The legislative reform package reauthorizes the program for 5 years.

Washington, DC - April 28, 2010 - (RealEstateRama) -- The House Financial Services Committee approved by a vote of 39-26 the Homeowners’ Defense Act, innovative bipartisan legislation to reduce insurance premiums for homeowners around the country

Washington, DC - April 28, 2010 - (RealEstateRama) -- The House Financial Services Committee approved legislation to ensure that the Federal Housing Administration (FHA) remains viable and continues its mission of insuring mortgage loans

VIENNA, Va. - April 27, 2010 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today released new guidance, Advisory to Financial Institutions on Filing Suspicious Activity Reports Regarding Home Equity Conversion Mortgage Fraud Schemes, to assist financial institutions in guarding against fraud schemes perpetrated against senior citizens who use the Federal Housing Administration’s (FHA’s) Home Equity Conversion Mortgage (HECM) program, a form of reverse mortgage.

Canton, GA - April 27, 2010 - (RealEstateRama) -- April 26, 2010—Realtor Colleen Moore recently made the switch to PrudentialGeorgia Realty. She is based out of Prudential Georgia Realty’s Cherokeeoffice, located on Riverstone Parkway in Canton.

April 27, 2010 - (RealEstateRama) -- The Structural Insulated Panel Association (SIPA) recognized five of the most energy-efficient and unique buildings constructed with structural insulated panels during the SIPA Annual Meeting & Conference in Chicago, Illinois. Now in its eighth year, the SIPA Building Excellence Awards highlight innovative projects using high performance structural insulated panels (SIPs) as the basis for energy-efficient, green buildings

EUGENE, OR - April 27, 2010 - (RealEstateRama) -- Naples, Florida real estate broker Susan Hubly is joining with IDX, Inc. to create a customized professional website. The Internet Data Exchange (IDX) technology helps to integrate listings from the Naples area Sunshine MLS (SSMLS) with Hubly's own listings to create the most diverse pool of properties for potential home buyers to explore and choose from online. Prudential Florida Realty can now display listings on Hubly's site from all over the Southern Florida market, to make searching for a home easier on both buyers and real estate professionals

WASHINGTON, DC - April 27, 2010 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) is sponsoring the first national energy efficiency contest of its kind, featuring 14 commercial buildings from across the country. While trimming kilowatt hours off is their bottom line, they’ll also save money and help fight climate change. The building that sheds the most energy waste on a percentage basis will be declared the winner at EPA’s final weigh-in on Oct. 26, 2010

BALTIMORE, MD - April 27, 2010 - (RealEstateRama) -- Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has issued a final order requiring Deise Custom Homes, LLC and its principal to pay more than $480,000 to consumers and penalties of $34,000. The Division found that Richard E. Deise, Jr., and his company, Deise Custom Homes, violated Maryland’s Custom Home Protection Act and New Home Deposit Act by failing to place or maintain money paid by consumers into an escrow account or having a surety bond to cover the deposits and payments. The Division also found that Deise and his company violated the Home Builder Registration Act and the Consumer Protection Act by failing to build homes as promised

Canton, GA - April 27, 2010 - (RealEstateRama) -- Realtor Debbie Hvostik recently made the switch to Prudential Georgia Realty. She is based out of Prudential Georgia Realty's Cherokee office, located on Riverstone Parkway in Canton.

WASHINGTON, DC - April 27, 2010 - (RealEstateRama) -- Fannie Mae (FNM/NYSE) today announced the extension of its seller assistance incentive on all Fannie Mae-owned HomePath properties. Buyers will receive 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of selected appliances. The offer is available to any owner-occupant who closes on the purchase of a property listed on www.HomePath.com by June 30, 2010.

Washington, DC - April 27, 2010 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) was selected to join the more than 1,300 college students, 100 university presidents and leading non-profit organizations, social entrepreneurs, and youth leaders at the Clinton Global Initiative University (CGI U) annual meeting, making its Commitment to Action to help students jumpstart their careers in green building and sustainability through the USGBC Students program

ROSWELL, GA - April 27, 2010 - (RealEstateRama) -- Cindy Simpson, who headsthe Simpson REO Team with Prudential Georgia Realty, was honored as a 2009 PinnacleAward winner for residential units by Prudential Real Estate and RelocationServices, a Prudential Financial, Inc. [NYSE:PRU] company, during its annualSales Convention in Austin, Texas, in March.

Atlanta, GA - April 27, 2010 - (RealEstateRama) -- Realtor MarthaMassey is the latest experienced agent to make the switch to Prudential Georgia Realty. She is based outof Prudential Georgia Realty’s new Buckhead office, located on 3221 PeachtreeRoad, just south of the Peachtree and Piedmont Road intersection.

April 27, 2010 - (RealEstateRama) -- First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of The First American Corporation (NYSE: FAF), today announced that its AgentFirst™ app for iPhone®, iPad™ and iPod touch® devices is now available for free download from the App StoreSM.

EUGENE, OR - April 27, 2010 - (RealEstateRama) -- The IDX, Inc. team eagerly announces today its newest client addition, Doyle Properties very own Scott Doyle of La Quinta, California, to the constantly growing database of real estate agents and brokers choosing to upgrade, enhance and modernize the search functions of their websites, with the incorporation of a custom IDX solution. This innovative and one-of-a-kind Internet Data Exchange (IDX) technology works by extracting raw data from the Desert MLS (DTMLS), and then formats and transfers the information to indistinguishably match Doyle's already existing page preferences and specifications, enabling home seekers to execute the most simplistic, efficient and convenient real estate search on the web.