Monthly Archives: September 2010

September 13, 2010 - (RealEstateRama) -- First American Title Insurance Company today announced the launch of its new Mortgage Services division, which is designed to address the title, settlement and valuation needs of residential originators with national retail platforms.First American Title’s Mortgage Services division supports many of the nation’s largest financial institutions in pursuing a national strategy for residential origination that focuses on speed, efficiency, customer satisfaction and cost reduction by providing custom closing solutions, leveraging the strength of a national underwriter, applying proprietary technology and tapping into the extensive resources available within the First American family of companies

September 13, 2010 - (RealEstateRama) -- With more than 20 years of experience in the industry, Gary has earned the deserved reputation as a ‘go-to’ attorney in the affordable housing industry,” said Stephen J. Wallace, leader of Nixon Peabody’s Affordable Housing practice. “His arrival significantly expands our affordable housing practice on the West Coast.”

NEW ORLEANS, Dc - September 13, 2010 - (RealEstateRama) -- In the five years since Hurricane Katrina struck the Gulf coast, the New Orleans metropolitan area lost 75,000 housing units or nearly 13 percent of its housing stock. In addition, the median monthly cost of housing rose by nearly 33 percent, from $662 in 2004 to $882 in 2009. These are among the key findings of a new housing survey presented today by the U.S. Department of Housing and Urban Development.

WASHINGTON, DC - September 13, 2010 - (RealEstateRama) -- U.S. Department of Housing and Urban Development (HUD) Inspector General, Kenneth M. Donohue today announced that he is leaving federal service in October.

Henderson, NV - September 13, 2010 - (RealEstateRama) -- Congresswoman Dina Titus of Nevada’s Third District applauded the announcement today that Nevada will receive an additional $43 million through the third round of the Neighborhood Stabilization Program.

Pierre, SD - September 13, 2010 - (RealEstateRama) -- While fall leaves are dropping, so are the interest rates for First-time Homebuyer Loans through South Dakota Housing Development Authority (SDHDA).

Edison, NJ - September 13, 2010 - (RealEstateRama) -- Registration is now open for the tenth year of the Triple Play REALTOR® Convention & Trade Expo, the largest annual real estate event in the region.

Westfield, NJ - September 13, 2010 - (RealEstateRama) -- A major residential development site in Raleigh, N.C., with approval for 126 condominium units will be on the auction block on Wednesday, Oct. 13.

GREENSBORO, NC - September 13, 2010 - (RealEstateRama) -- There is business growth taking place in the Piedmont Triad area of North Carolina. As recently featured in the Sunday paper of the News & Record, ENPULSE Energy Conservation, Inc. is finally beginning to bear fruit from its years of struggle as a small business

EUGENE, OR - September 13, 2010 - (RealEstateRama) -- Terry Datz, of Salt Lake Gadabout, has simplified the online real estate search for home seekers in Utah with her adoption of the IDX, Inc. premier IDX Broker software. The dynamic tools now uploaded on her website give her clients and other potential buyers the ability to scan thousands of Wasatch Front Regional MLS (WFARMLS) without ever leaving her convenient real estate search page. Home seekers can take full advantage of the website Datz hosts and all of the unique search tools her IDX solution employs.

MINNEAPOLIS, MN - September 13, 2010 - (RealEstateRama) -- United Properties announces that Fairview Health Services School of Radiation Therapy has signed a seven-year lease at Southdale Place, its four-story 68,385 sq. ft. medical building in Edina, Minn. A division of Fairview's Educational Center, the new tenant recently took occupancy of 5,900 sq. ft. on the fourth floor. Fairview Health Services also renewed 14,400-sq.-ft. space on the second and fourth floor.

MINNEAPOLIS, MN - September 13, 2010 - (RealEstateRama) -- United Properties announces that Fairview Health Services School of Radiation Therapy has signed a seven-year lease at Southdale Place, its four-story 68,385 sq. ft. medical building in Edina, Minn. A division of Fairview's Educational Center, the new tenant recently took occupancy of 5,900 sq. ft. on the fourth floor. Fairview Health Services also renewed 14,400-sq.-ft. space on the second and fourth floor.

Washington, DC - September 13, 2010 - (RealEstateRama) -- U.S. Department of Energy Secretary Steven Chu today announced the investment of $28.5 million to 12 states and territories to support energy efficiency projects that will lower energy bills for American families and businesses, boost job growth, and increase investment in companies that deliver energy-saving technologies. The competitively selected states will receive awards through DOE's State Energy Program to help create a sustainable transformation in the market for energy-saving, whole-building improvements in residential and commercial buildings. The awards will also help generate the necessary policy and program frameworks to support private-sector investment in energy efficiency for the long-term. This initiative is part of the Obama Administration's national strategy to promote domestic job creation, while delivering innovative energy efficiency technologies to the residential and commercial building markets and addressing barriers to bringing high-efficiency buildings within reach for all Americans.

Washington, DC - September 13, 2010 - (RealEstateRama) -- In an effort to inform the current discussion on the future of the housing finance system, the Federal Housing Finance Agency (FHFA) today released data on Fannie Mae and Freddie Mac (the Enterprises) that compare the credit quality and performance of the loans they acquired relative to loans financed with private-label mortgage-backed securities.

Roswell, GA - September 13, 2010 - (RealEstateRama) -- Award-winning Realtor Cindy Lawson, who ranks #1 in her company of 1,200 agents for annual closings and who has specialized exclusively in the REO/foreclosure market for more than 20 years, wanted to do something to both educate and help metro Atlanta home buyers. After more than six months of preparation and research, the Atlanta Foreclosure Bus Tour concept was born. Unlike some area tours that have come and gone or that charge a fee, this weekly bus tour is free to the public and features numerous experts on hand to help with every question possible, from financing to home inspections to real estate contracts

Destin, FL - September 13, 2010 - (RealEstateRama) -- A large majority of respondents think the U.S. housing market is on the verge of a collapse, according to a new opinion poll conducted by Housing Predictor. The survey found that Americans are so troubled over the housing market that they feel it’s on the way further down as home sales weaken

Malaga, Spain - May 4, 2011 - (RealEstateRama) -- 1Casa is the emerging Spanish property portal site has Spanish properties for sale in Spain and on-rent. Established in 1999, 1Casa serving its clients whose demand like –apartment in Spain,cheap Span...

BEDFORD, N.H. - September 10, 2010 - (RealEstateRama) -- New Hampshire Housing announced today a new mortgage rate of 3.5% under its Single Family Mortgage Program. This historically low rate is made possible through the agency’s partnership with the U.S. Treasury’s New Issue Bond Program (NIBP).

Allentown, PA - September 10, 2010 - (RealEstateRama) -- The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2 billion, has announced the acquisition of an 84,000-square-foot retail building located at 1135 Airport Road in Allentown, Pa. from an affiliate of the Rosen Group, Inc.

WASHINGTON, DC - September 10, 2010 - (RealEstateRama) -- A Raleigh, N.C., real estate speculator pleaded guilty to conspiring to rig bids for public real estate foreclosure auctions held in multiple counties in eastern North Carolina, the Department of Justice announced today.

Bronx, NY - September 9, 2010 - (RealEstateRama) -- General Colin L. Powell visited his childhood neighborhood in the South Bronx today to welcome families to their new affordable co-op homes in a building named in his honor.

CLEVELAND, OH - September 10, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today joined Neighborhood Housing Services of Greater Cleveland to commemorate the one millionth customer served through the National Foreclosure Mitigation Counseling Program (NFMC)

WAUSAU, WI - September 10, 2010 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced today that the Wisconsin Department of Justice (DOJ) and Marathon County District Attorney’s Office have charged two Wausau mortgage brokers with fraud related to their roles in a “buy back” real estate scheme.

WASHINGTON, DC - September 10, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded an additional $9,322,756 million in funding to Connecticut communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local communities in Connecticut acquire, redevelop or demolish foreclosed properties. (See below for a complete list of Connecticut funding)

Washington, DC - September 10, 2010 - (RealEstateRama) -- Today, Congressman Joe Baca (D-Rialto) announced that San Bernardino County and the cities of Fontana, Ontario, Rialto, and San Bernardino have collectively been awarded over $20 million in Neighborhood Stabilization Program (NSP) grant funding from the Department of Housing and Urban Development (HUD). The NSP is designed to assist states and local governments in addressing the effects of abandoned and foreclosed housing.

WASHINGTON, D.C. - September 10, 2010 - (RealEstateRama) -- Today, U.S. Senators Tom Carper and Ted Kaufman (both D-Del.) announced $5 million in funding to help reverse the effects of the foreclosure crisis in Delaware. The funding was made possible through the U.S. Housing and Urban Development's (HUD) Neighborhood Stabilization Program and will provide targeted emergency assistance to state and local governments to acquire, redevelop or demolish foreclosed properties.

CHICAGO, IL - September 10, 2010 - (RealEstateRama) -- Governor Pat Quinn has proclaimed September is Campus Fire Safety Month in Illinois. Since 2000, nationally there have been 71 fatal off-campus fires that have claimed the lives of 102 students, plus many more that were injured, according to the Office of the Illinois State Fire Marshal (OSFM)

Anchorage, AK - September 10, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan, U.S. Senator Mark Begich and HUD Northwest Regional Administrator Mary McBride today announced the award of an additional $5 million in funding to Alaska communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent the third round of funding of HUD's Neighborhood Stabilization Program (NSP) and will provide targeted assistance to help communities in Alaska acquire and demolish or redevelop and re-sell blighted and foreclosed properties

Anchorage, AK - September 10, 2010 - (RealEstateRama) -- AHFC has selected six rural communities to receive grant funds next year under Alaska Housing Finance Corporation's Teacher, Health Professional & Public Safety Professional housing program.

September 10, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger (R-CA), Governor Ed Rendell (D-PA), and Mayor Michael Bloomberg (I-NYC), co-chairs of Building America’s Future, announced today that Mayor Thomas M. Menino has joined its bipartisan and national infrastructure coalition comprised of state and locally elected officials to help secure a renewed federal commitment to infrastructure.