Monthly Archives: June 2010

June 21, 2010 - (RealEstateRama) -- CT REIA and Dave Lindahl presents: Wealth Building Conference For Real Estate Investors. June 26 and 27. 8:00am - 5:00 pm. Rocky Hill Marriott Hotel. 100 Capitol Blvd. Rocky Hill, CT This is a FREE event for everyon

Woodstock, GA - June 21, 2010 - (RealEstateRama) -- Prudential Georgia Realty’s Towne Lake office continues to expandits sales team with the addition of Realtor Harold Smith. The Prudential Towne Lake office is located at 2340 TowneLake Parkway in Woodstock.

Plainsboro, NJ - June 21, 2010 - (RealEstateRama) --, Boyertown, PA, (Berks County), and Conshohocken, PA (Montgomery County) - June 15, 2010 - Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company announced today that it has negotiated three new leases for GameStop.

EUGENE, OR - June 21, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Barb Zeff of RSVP Real Estate as the newest addition to the expanding team of real estate professionals updating their websites to simplify the online home search process. Zeff has long been able to view the thousands of listings available on the Northwest Multiple Listing Service (NWMLS), but now with the addition of IDX Broker software, every home seeker in and around Seattle, Washington can also scan the NWMLS listings from the convenience of her website. With “up-to-the-minute” updates automatically synced with her website, potential buyers have, literally, every piece of information that is out there about a home

Washington, D.C. - June 21, 2010 - (RealEstateRama) -- The Alaska Congressional Delegation is pleased to announce the following grants and contracts awarded to communities in the State of Alaska

WASHINGTON, D.C. - June 21, 2010 - (RealEstateRama) -- Some relief is coming for those with Chinese drywall in their homes, U.S. Sen. Bill Nelson says. The defective drywall has been linked to possible health problems and causes corrosion of electrical wiring, appliances and air conditioning units.

SPRINGFIELD, IL - June 21, 2010 - (RealEstateRama) -- Governor Pat Quinn today asked President Obama to declare Kankakee, LaSalle, Livingston, Peoria and Putnam counties major disasters areas. If approved, a federal disaster declaration would help people and businesses affected by the June 5 tornadoes recover from the storm’s aftermath by allowing them to apply for grants and loans to assist with storm-related losses

PEORIA, IL - June 21, 2010 - (RealEstateRama) -- Governor Pat Quinn today signed a bill into law that will create a pilot program to provide a state tax credit for the renovation of the historic Hotel Pere Marquette in downtown Peoria. The project is expected to generate 1,000 jobs and lead to economic benefits for central Illinois.

June 21, 2010 - (RealEstateRama) -- Governor Mark Parkinson has announced that Deputy Bank Commissioner Judi Stork will serve as the Acting Bank Commissioner of Kansas following the resignation of Tom Thull.

Jackson, MS - June 21, 2010 - (RealEstateRama) -- Phony rental ads continue to pop-up with the sole purpose of stealing money from unsuspecting renters, warns Attorney General Jim Hood. “The scammers steal the details of the homes and even the pictures from the actual real estate listing, making the listings seem like the real thing,” says Attorney General Hood. These ads are placed on Craigslist and other online classifieds for properties that are actually for sale, not rent

BOLTON, MS - June 21, 2010 - (RealEstateRama) -- Today, United States Representative Bennie G. Thompson (D-MS) announced The United States Department of Housing and Urban Development has awarded Public Housing Agencies in the Second Congressional District funding from the Capital Fund Program.

Washington, D.C. - June 21, 2010 - (RealEstateRama) -- The prolonged economic downturn in the housing market, coupled with growing concerns about rising utility costs has resulted in greater interest in smaller homes and lot sizes. There have also been some broader lifestyle changes with U.S. households eschewing upscale amenities, opting instead to invest in more low maintenance projects, particularly for property improvements. Accessibility within the home continues to be a concern, especially for an aging population, and there is an increasing demand for more flexible design and informal space within homes. Business conditions for residential architects are beginning to indicate improving conditions with the first quarterly increase in billings since mid-2007. These findings are from the American Institute of Architects (AIA) Home Design Trends Survey that focused specifically on overall home layout and use in the first quarter of 2010

June 21, 2010 - (RealEstateRama) -- At its meeting in conjunction with its Washington Policy Conference last week, the Board of Directors of the National Reverse Mortgage Lenders Association unanimously elected Cheryl MacNally of Wells Fargo Home Mortgage and John Nixon of Bank of America as its new Co-chairs.

WASHINGTON, D.C. - June 21, 2010 - (RealEstateRama) -- A year after the passage of the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act, which mandated the creation of a federal plan to end homelessness, the U.S. Interagency Council on Homelessness will release the plan to Congress and the public tomorrow.

McLean, VA - June 21, 2010 - (RealEstateRama) -- Freddie Mac today announced that servicers may grant forbearances on a case-by-case basis to borrowers with Freddie Mac-owned mortgages secured by single family homes that contain problem drywall. Freddie Mac is one of the nation’s largest investors in residential mortgages.

Washington, DC - June 21, 2010 - (RealEstateRama) -- Chairman Frank, on behalf of the House conferees, released the House offer on the titles listed below. The issues will be subject to debate when the House-Senate Conference Committee convenes in room SD-106, Dirksen Senate Office Building, at 12:00 p.m. tomorrow

WASHINGTON, DC - June 21, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today introduced a monthly scorecard on the nation's housing market. Each month, the scorecard will incorporate key housing market indicators and highlight the impact of the Administration's unprecedented housing recovery efforts, including assistance to homeowners through the Federal Housing Administration (FHA) and the Home Affordable Modification Program (HAMP). This scorecard contains key data on the health of the housing market including

Washington, DC - June 21, 2010 - (RealEstateRama) -- The city of Springfield, Mass., has been named a 2010 Ambassador City by the National Association of Realtors® and the U.S. Conference of Mayors for Buy Springfield Now, a program to promote and sustain affordable homeownership.

WASHINGTON, D.C. - June 21, 2010 - (RealEstateRama) -- The Environmental Protection Agency (EPA) decision to delay enforcement of the new Lead: Renovation, Repair and Painting rule will provide much-needed time to get more remodelers and other contractors trained – and for EPA to get the word out to consumers about the importance of hiring a certified remodeler, according to the National Association of Home Builders (NAHB).“EPA listened to our concerns and did the right thing,” said NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills, Mich.

Washington, D.C. - June 21, 2010 - (RealEstateRama) -- NeighborWorks America salutes the efforts to stamp out mortgage fraud undertaken by Operation Stolen Dreams. As reported by the U.S. Department of Justice, the task force has gone after more than 1,200 criminal defendants who are responsible for more than $2.3 billion in losses, and made 485 arrests.

Washington, D.C. - June 21, 2010 - (RealEstateRama) -- The Securities and Exchange Commission today charged a New York-based investment adviser and three of his affiliated firms with fraudulently managing investment products tied to the mortgage markets as they came under pressure in 2007

CLEVELAND, OH - June 17, 2010 - (RealEstateRama) -- As part of a national mortgage fraud sweep dubbed “Operation Stolen Dreams,” Ohio Attorney General Richard Cordray today announced lawsuits against two Ohio foreclosure rescue businesses for failing to provide services for which consumers paid.

WASHINGTON, DC - June 17, 2010 - (RealEstateRama) -- U.S. Senator Jeff Bingaman today announced that the City of Gallup Housing Authority will receive a $118,584 grant to help provide housing to homeless veterans.

MILWAUKEE, WI - June 18, 2010 - (RealEstateRama) -- Governor Jim Doyle today awarded $360 million in Affordable Housing Tax Credits to fund affordable housing project developments across the state of Wisconsin and create approximately 2,300 construction jobs.

PHILADELPHIA, PA - June 17, 2010 - (RealEstateRama) -- Following an announcement today by Attorney General Eric Holder in Washington, D.C., representatives of the Financial Fraud Enforcement Task Force in Philadelphia, including the U.S. Attorney’s Office, Housing and Urban Development,

PROVIDENCE, RI - June 18, 2010 - (RealEstateRama) -- A federal grand jury Thursday indicted a North Providence, Rhode Island real estate attorney on charges he falsified bank and federal tax documents, and lied about his income and assets, in obtaining more than $1.5 million in mortgages.

WASHINGTON, DC - June 17, 2010 - (RealEstateRama) -- Gregory Alan Roberts, a resident of Fairfax County and Loudoun County, Va., pleaded guilty to failing to timely file income tax returns for the years 2003 and 2004, the Justice Department and Internal Revenue Service (IRS) announced today.

New York, NY - June 17, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, GEORGE VENIZELOS, the Acting Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"), NEIL BAROFSKY, the Special Inspector General of the Troubled Asset Relief Program ("SIGTARP"), RICHARD H. NEIMAN,

Washington, DC - June 18, 2010 - (RealEstateRama) -- U.S. Senators Blanche Lincoln and Mark Pryor and U.S. Representatives Marion Berry (AR-01), Vic Snyder (AR-02) and Mike Ross (AR-04) today announced that 106 housing authorities in Arkansas will receive grants from the U.S. Department of Housing and Urban Development (HUD) under its Capital Fund program to develop, modernize and better manage public housing units in Arkansas.

Los Angeles, CA - June 18, 2010 - (RealEstateRama) -- Mayor Antonio Villaraigosa today celebrated the Grand Opening and building dedication of the Charles Cobb Apartments- a 76 unit permanent supportive housing development for formerly homeless and disabled men and women.