Monthly Archives: June 2010

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- Today U.S. Congressman Salazar announced that $215,842 has been allocated for the Walsenburg Housing Authority. The funding will be used to maintain and upgrade 129 public housing units in Huerfano County. The funding comes from the federal Housing and Urban Development’s Capital Fund program, which provides funds annually via a formula to approximately 3,200 public housing agencies across the country

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- Today U.S. Congressman Salazar announced that $157,639 has been allocated for the La Junta and Otero County Housing Authority. The funding will be used to maintain and upgrade 86 public housing units in the region. The funding comes from the federal Housing and Urban Development’s Capital Fund program, which provides funds annually via a formula to approximately 3,200 public housing agencies across the country

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- Today U.S. Congressman Salazar announced that $137,671 has been allocated for the Delta Housing Authority. The funding will be used to maintain and upgrade 75 public housing units in Delta County. The funding comes from the federal Housing and Urban Development’s Capital Fund program, which provides funds annually via a formula to approximately 3,200 public housing agencies across the country.

WASHINGTON, D.C. - June 18, 2010 - (RealEstateRama) -- With the support of Congressman Chris Murphy (CT-5), the federal Department of Energy (DOE) has announced it is awarding a $4.1 million grant to the "Neighbor to Neighbor Energy Challenge," a consortium of 14 Connecticut communities and nine project partners, which includes Cheshire

WASHINGTON, D.C. - June 18, 2010 - (RealEstateRama) -- With the support of Congressman Chris Murphy (CT-5), the federal Department of Energy (DOE) has announced it is awarding a $4.1 million grant to the "Neighbor to Neighbor Energy Challenge," a consortium of 14 Connecticut communities and nine project partners, which includes Cheshire

Atlanta, GA - June 18, 2010 - (RealEstateRama) -- Realtor Betsy Meagher is the latestto make the switch to Prudential Georgia Realty. She joins the new Buckhead office of Prudential Georgia Realty, located at 3221 Peachtree Road, just south of the Peachtree and Piedmont Road intersection.

Raleigh, NC - June 18, 2010 - (RealEstateRama) -- A Charlotte foreclosure rescue operation, which previously operated in Colfax, NC, is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced Friday.

Westfield, NJ - June 18, 2010 - (RealEstateRama) -- Seven commercial properties throughout the New Jersey, including four former bank branches, will hit the auction block simultaneously on July 15

Ardmore, Pa - June 18, 2010 - (RealEstateRama) -- Main Line residences with private balconies and access to an array of fine restaurants and shops will be going on the auction block July 14 with minimum bids at a fraction of their original asking price

Las Vegas, NV - June 18, 2010 - (RealEstateRama) -- Richard Ballen, also known as The Wizard of Short Sales, specializing in Summerlin Short Sales, has negotiated and CLOSED a deal with a lender to accept a “short” amount on Las Vegas Real Estate, saving the sellers from being another Las Vegas Foreclosure statistic

SALINA, KS - June 18, 2010 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) celebrated National Homeownership Month this week with a tree planting in Salina. Officials from KHRC, the City of Salina, the Salina Area Chamber of Commerce, Security Savings Bank and RE/MAX Advantage Realtors recognized Craig Mehler’s entry into the homeownership market by planting a Crimson King Maple tree. Mehler purchased his first home through KHRC’s First Time Homebuyer Program (FTHB)

PORTLAND, ME - June 18, 2010 - (RealEstateRama) -- Governor John E. Baldacci today joined officials from Tufts Medical Center, Developers Collaborative, the City of Portland, Portland builders and Gorham Savings Bank for the ribbon cutting of Crescent Heights, the latest apartment building in Portland. The building, primarily intended for use by medical students, is LEED-certified and planned with smart growth in mind.

ANNAPOLIS, MD - June 18, 2010 - (RealEstateRama) -- Governor Martin O’Malley, joined by Lt. Governor Anthony Brown, state and local officials and community leaders, officially launched the process to move the Department of Housing and Community Development (DHCD) into Prince George’s County. Relocating the 330+ employee agency to Prince George’s County serves as a milestone in the Governor’s transit-oriented development vision for state agencies. Further, the move brings an agency dedicated to neighborhood revitalization closer to one of the population centers it serves most, while promoting smart growth and sustainable communities. To date in FY 2010, DHCD invested the largest amount of mortgage financing in Prince George's County.

WASHINGTON, D.C. - June 18, 2010 - (RealEstateRama) -- U.S. Senator Barbara A. Mikulski (D-Md.) today issued the following statement on “Operation Stolen Dreams,” a three-and-a-half month operation led by the Federal Bureau of Investigation (FBI) to target mortgage fraud.

June 18, 2010 - (RealEstateRama) -- A consortium of mortgage lenders, community group leaders, and state and federal government officials are moving forward on initiatives that would make the mortgage modification process easier for homeowners, and likely allow more families to stay in their homes as they solve their potential foreclosure problems.Since February, a group that includes community groups like the Brockton Interfaith Community (BIC), the Patrick-Murray Administration's Office of Consumer Affairs and Business Regulation, the Federal Reserve Bank of Boston, the U.S. Treasury, and 10 banks, has been regularly meeting - including summit meetings on Feb. 19 and April 12 - discussing ways to make the loan modification process work better for homeowners. The group is focusing on three areas

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- U.S. Sens. Debbie Stabenow and Carl Levin, both D-Mich., announced $6,641,523 in funding for four Michigan projects supporting advanced energy-efficient building technologies. The American Recovery and Reinvestment Act funding was awarded by the U.S. Department of Energy. The projects will be executed in Midland, West Olive and Benton Harbor.

EUGENE, OR - June 18, 2010 - (RealEstateRama) -- Today, IDX, Inc. is pleased to welcome James Rutherford of Santa Fe Realty Partners to the team of real estate agents and brokers who are changing the way people search for homes online, with IDX Broker software. The Internet Date Exchange (IDX) technology uses raw listing data from the Santa Fe MLS (SFARMLS) and displays it directly on his website, giving his clients the most comprehensive listing database available online.

EUGENE, OR - June 18, 2010 - (RealEstateRama) -- Realtor Karen Schwieger has updated her professional website, thanks to IDX, Inc. and their IDX software. With the ability to draw raw listing data off of the Midwest Real Estate Data (MRED) listings, the IDX Broker software then displays these properties conveniently her website. Now, it is easier than ever before for home seekers in Chicago, Illinois to get matched with a property that suits them, with the technology utilized on the Crane Chicago website.

BLOOMFIELD HILLS, MI - June 18, 2010 - (RealEstateRama) -- After getting the keys to their new homes, many first-time homebuyers are excited about finally having the opportunity to personalize and furnish their new house. From coffee tables to lamps to lawnmowers, many previous renters leap into homeownership quickly realizing they need to do a lot of shopping to truly make their house a home.

McLean, VA - June 18, 2010 - (RealEstateRama) -- Freddie Mac today announced that servicers may grant relief to Gulf Coast borrowers unable to pay their loans because of the current oil spill’s impact on their incomes. Freddie Mac is one of the nation’s largest investors in residential mortgages.

WASHINGTON, D.C. - June 18, 2010 - (RealEstateRama) -- The ongoing foreclosure crisis has slashed hundreds of billions of dollars in wealth from communities of color, a new CRL research report shows, as an estimated 17% of Latino homeowners and 11% of African-American homeowners have already lost their home to foreclosure or are now at imminent risk. The wealth drain is the result of direct losses from foreclosures and also the decline in neighboring property values each foreclosure brings.

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is charging a Monroe, New Hampshire, landlord with violating the Fair Housing Act for harassment of tenants who are an interethnic couple. According to HUD’s charge, landlord Lothar Riba told a female tenant that he didn’t think it was appropriate for her to be married to a “Spanish guy.” HUD alleges that Riba harassed and threatened the family by monitoring and photographing their activity, removing their apartment’s window handles, and physically assaulting and injuring the wife. Riba allegedly told the wife that she should get her “monkey” family off of his property and that her Hispanic sister in-law could not visit, remarking, “If one comes, they all start coming like a bunch of cockroaches.”

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today $7.5 million in additional funding to allow local housing agencies to provide a permanent home for 1,255 homeless veterans. The funding is provided through a second round of grants under HUD’s Veterans Affairs Supportive Housing Program (HUD-VASH) program.

Washington, DC - June 18, 2010 - (RealEstateRama) -- The National Association of Realtors® is making it easier for members to access expertly written, ready-to-use consumer articles through the new Realtor® Content Resource. This is a no-cost, members-only benefit available through HouseLogic.com, NAR’s homeownership site for consumers.

WASHINGTON, DC - June 18, 2010 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu today announced awards totaling more than $76 million in funding from the American Recovery and Reinvestment Act to support advanced energy-efficient building technology projects and the development of training programs for commercial building equipment technicians, building operators, and energy auditors

WASHINGTON, D.C. - June 18, 2010 - (RealEstateRama) -- Bob Jones, chairman of the National Association of Home Builders (NAHB) and a home builder from Bloomfield Hills, Mich., today issued the following statement on the U.S. House of Representatives passing H.R. 5297, the Small Business Lending Fund Act of 2010:“The nation’s home builders commend the House for passing vital legislation that will provide $30 billion in additional capital to community banks to expand small business lending.

Atlanta, GA - June 17, 2010 - (RealEstateRama) -- Atlanta real estate professional JamisonAlmand has rejoined Prudential Georgia Realty. She previously worked at the company’sGainesville office from 2001-2005. Jamison is based out of Prudential’s new Buckhead office at 3221 Peachtree Road, just south of the Peachtree and Piedmont Road intersection

Atlanta, GA - June 17, 2010 - (RealEstateRama) -- On June 15, 2010, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to INQB8, LLC dba Discount Mortgage Relief dba www.discountmortgagerelief.com located in Phoenix, Arizona became final.

EUGENE, OR - June 17, 2010 - (RealEstateRama) -- Colorado Realtor Christi Reece of the GBR Team has adopted the IDX, Inc. IDX Broker software on her real estate website to bring her clients thousands more listings, and in turn to bring her more potential buyers. Her partnership with the Colorado Real Estate Network (CREN) gives her the ability to display all of their listings directly on her website. Now more than ever, her clients can have the most detailed and thorough online home search experience around.

EUGENE, OR - June 17, 2010 - (RealEstateRama) -- Eugene real estate broker Heather Romito joins with IDX, Inc. to launch the new and highly effective Heather Romito Team real estate website. With the addition of IDX Broker software, her website can now extracts raw listing data from the Regional Multiple Listing Service (RMLS) and displays the information directly on her website to give her clients and potential home buyers a more diverse and thorough search process. The RMLS properties and those represented by Romito give Eugene area home seekers a hugely beneficial real estate website to aid in their home search.